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 > economical or not?

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Comment by ganndolph1on Apr 18, 2022 11:05pm

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Post# 34612127

RE:economical or not?

xyz,

Based on the drilling results released to date, the horizontal dimensions of Lidia appear to be 200 meters by 500 meters. Assuming an average ore grade of 0.5 g/t gold each vertical meter of mineralized material would contain about 1300 ounces of gold. If drill hole 22Lidia05 proves continuity down to 200 meters, then Lidia could prove to be a 250,000 ounce deposit.

Economic at some point in the future as an open pittable deposit at a higher gold price.

ganndolph

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