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 > Copper

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Comment by ganndolph1on Apr 07, 2021 12:39am

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Post# 32947306

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Copper

yogi33,

Gordon Pridham was the gentleman who blocked Hecla's hostile acquisition of Galena, with the result being that Pridham made sure that Blasutti got the mine! Given that Pridham elevated himself to Chairman of Orvana's Board, one wonders if a similar fate is in store for Orvana Minerals. No doubt, Blasutti has no problems with M&A given that he took over Scorpio Mining in an all stock deal which is how he obtained title to Cosala in Mexico.

Given the rising political risk levels in Mexico, geographic diversification might be attractive for USAS at this point in time.

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