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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

Post by xyz_trader1on May 18, 2021 1:09pm
158 Views
Post# 33222654

upcoming news at end of May 2021

upcoming news at end of May 2021

Taguas

  • Drilling campaign to enlarge the Mineral Resource started last February and was completed in April, with a total of 4,689 meters. Distribution of drilled meters is as follows (Figure 1):
    • 3,455 meters in Cerros Taguas to enlarge oxide resources (main target of this campaign).
    • 734 meters in Cerro Campamento with the aim of testing continuity of mineralized structures towards the southwest.
    • 500 meters in CARDS target 1 & 2 to explore the mineralogy potential of this area.

 

  • Laboratory assays and evaluation in progress, with expected completion by late May.
  • A new Mineral Resource Estimate is being updated in compliance with Canadian National Instrument 43-101, by Geosim Services Inc, an independent consulting firm, with expected completion by the third quarter of fiscal 2021.

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