Orvana Minerals Corp T.ORV

Alternate Symbol(s): ORVMF

Metals & Mining Gold

Orvana Minerals Corp. is a multi-mine gold-copper-silver company. It is involved in the evaluation, development and mining of precious and base metal deposits. Its assets consist of the producing El Valle and Carles gold-copper-silver mines in northern Spain, the Don Mario gold-silver property in Bolivia, and the Taguas property located in Argentina. The El Valle and Carles mines and the El Valle processing plant are a producer of copper concentrate and dore. El Valle is located in Asturias, Northern Spain. The Don Mario Operation is in San Jose de Chiquitos, Southeastern Bolivia. The Don Mario Operation consists of a set of assets that includes Las Tojas orebody, and the previously mined out lower mineralized zone, upper mineralized zone and Cerro Felix mines. The Taguas Property consists of 15 mining concessions over an area of 3,273.87 hectares, held and managed by its subsidiary Orvana Argentina S.A. Taguas is located in the province of San Juan, on the eastern flank of the Andes.

TSX:ORV - Post by User

Orvana Minerals Corp

Bullboard Posts

Comment by ganndolphon Nov 22, 2017 9:17am

158 Views

Post# 27010097

RE:Don Mario Stockpiles

valueu1,

Based on Orvana's 2018 guidance for copper production, I think that once the LMZ ore body is exhausted, they will shut down the copper flotation circuit, and produce gold and silver only using the CIL circuit. Cerro Felix is gold only with no copper. Cerro Felix ore should last at least 1-2 years, and then other satellite gold deposits will become the primary ore source for the mill.

The copper oxide ore is an additional revenue source for the future, but probably in 2019 or 2020.

Bullboard Posts

Who, why, and what of the great "Crypto Surge"