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 Jan 19, 2019 1:57pm

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Post# 29255689

RE:RE:RE:RE:RE:RE:First Quarter Gold Production of 27,272 Ounces

valueu1,

Estimated SART Capex is $11 to $22 million USD, and operating cost is $0.45 USD per cubic meter treated. At 600 cubic meters per hour, the daily cost would be $6480 USD or the cost of 1 metric ton of copper at $3 USD/lb. Daily copper production would be around 10 metric tons. So there should be a healthy margin associated with a SART plant.

Keep in mind that this plant would be a new like adding a new mine on to the existing Don Mario mine.

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