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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

Comment by yogi33on Feb 08, 2022 1:21pm
157 Views
Post# 34409338

RE:More gold in Salas

RE:More gold in Salasjumpenin....here you go (from their last press release):


Table 1. Orovalle Drilling Q1 FY2022

Ortosa-Godn

Ortosa-Godn Project is located close to Carls mine, three kilometers northwest and into the same gold belt. Different exploration works were carried out before 2011 including airborne geophysics, geochemistry, rock sampling and drill holes intersecting skarn mineralization (see Figure 1)

Orovalle started an exploration drilling program at the end of August 2021 in order to define the skarn continuity and check the oxide mineralization related to N40ºE structures. Six drill holes totaling 2,072 m were completed in this Project up to date. The first four drill holes were focused on defining skarn mineralization at depth and in N-S direction. Calcic skarn with sulfides was intersected in several bands. Intercepts are shown in table below.

The last two drill holes were planned to intersect mineralization related with N40ºE structures. Drill hole 21ORW05 intercepted 2.9 mts with 20.66 g/t Au in a undrilled area. 21ORW06 was completed to the South from previous one and sample assays are pending (see Figure 2)

The drilling campaign will continue in the second quarter of fiscal year 2022 targeting the establishment of continuity of the mineralization intersected in 21ORW05.

Intercepts

Zone

DDH

From (m)

To (m)

Thick (m)

Au(gpt)

           

ORT W

21ORW01

256.75

259.65

2.90

2.15

ORT W

21ORW02

318.40

320.35

1.95

0.52

ORT W

21ORW03

59.20

59.85

0.65

2.60

ORT W

21ORW03

246.55

248.00

1.45

1.59

ORT W

21ORW03

357.00

357.60

0.60

0.87

ORT W

21ORW04

No intercepts Au >0.5 g/t

ORT W

21ORW05

256.50

259.40

2.90

20.66

ORT W

21ORW05

266.00

268.00

2.00

0.62

ORT W

21ORW05

324.10

325.10

1.00

0.76

ORT W

21ORW06

Pending results

           

* Not true widths

       

Quality Control

21OWR01 and 21ORW02 ddh samples were analyzed by the Orovalle laboratory, which is ISO 9001:2015 certified. Drill holes 21ORW03, 21ORW04, 21ORW05 and 21OWR06 samples were sent to an external laboratory (ALS Laboratory) for analyses.  

Sample preparation was carried out at the El Valle facility. All diamond core samples have been prepared using the following procedure, once split:

The core samples are dried at a temperature of 105ºC and then crushed through a jaw crusher to 95%<6 mm. The coarse-crushed sample is further reduced to 95%<425 microns using an LM5 bowl-and-puck pulverizer. An Essa rotary splitter is used to take a 450 g to 550 g sub-sample of each split for pulverizing. The remaining reject portion is bagged and stored. The sample is reduced to a nominal -200 mesh using an LM2 bowl-and-puck pulverizer. 140 g sub-samples are split using a special vertical-sided scoop to cut channels through the sample which has been spread into a pancake on a sampling mat. Samples are then sent to the laboratory for gold and base metal analysis. Leftover pulp is bagged and stored.

After sample preparation, 30g samples are analyzed for Au by fire assay with an atomic absorption spectroscopy (AAS) finish and two-gram samples for Ag, As, Bi, Cu, Hg, Pb, Sb, Se, and Zn by ICP-optical emission spectroscopy (ICP-OES) after an aqua regia digestion.

In case of the samples sent to an external laboratory, 30 g samples are analyzed for Au by fire assay with an atomic absorption (Au AA-25) and 35 elements by ICP (ME-ICP41) after an agua region digestion. When Au and Ag values are >100 ppm and Cu and As values are >10,000 ppm, specific analysis methods are used to determinate the final grade.

The reported work has been completed using industry standard procedures, including a quality assurance/quality control ("QA/QC") program consisting of the insertion of certified reference material, blanks and duplicates samples into the sample stream.

The exploration update was prepared under the supervision of Guadalupe Collar Menndez, a qualified person for the purposes of NI 43-101 and an employee of Orovalle Minerals S.L., a subsidiary of Orvana.

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