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.

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Orvana Minerals Corp

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Comment by ganndolphon Feb 05, 2018 2:17am

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Post# 27501361

RE:RE:Profile of a TakeOver Target

2fast4uI,

On the production shortfall last quarter, the lower grades could have come from a 28 percent mining dilutation factor, which is bad because that leads to lower gold production and lower mill grades, but if the problem is build up of gold in the mill, then that is a good problem, because the GOLD is there. It is just in process, so it will show up in the next quarters report as extra production. As far as shortfalls since 2011, here is a chart showing gold production and recoveries.

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