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Orvana Minerals Corp T.ORV

Alternate Symbol(s):  ORVMF

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

Bullboard Posts
Comment by ganndolphon Feb 06, 2018 5:06am
123 Views
Post# 27509177

RE:RE:RE:RE:Profile of a TakeOver Target

RE:RE:RE:RE:Profile of a TakeOver Target
2fast4uI,
 
Orvana's 2017 gold production of 90,292 ounces was over 6,000 ounces higher than in 2014 when the UMZ ore body was at peak production.
2017 Average gold recovery of 84.8% was the highest that it has ever been.
 
Take a look at the following chart which shows milled throughput from EVBC combined with Don Mario.
Combined gold head grades from Orvana's two mine in 2017 were the highest ever.

User image


In 2018 with Don Mario mining Cerro Felix at 2300 tpd ore production and El Valle taking half its Q3 2018 production
from the Carles Open Pit and the rest of the production coming from high grade oxide areas, we could be looking at a 
quarter with 43,000 ounces of gold production.
 
User image
 
With rising gold prices and rising copper by product prices, profit is coming at us like a freight train in this stock, and
what amazes me is that the market does not see it!  
 

Bullboard Posts