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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 JUANTOTHESTARS2on Apr 15, 2024 8:15pm
109 Views
Post# 35990653

RE:ORVANA REPORTS Q2 FY2024 PRODUCTION

RE:ORVANA REPORTS Q2 FY2024 PRODUCTION
i am wondering if management could have averted or stopped this strike sooner thereby not affecting production this year as much.

But the main thing is to get OSP up and running and producing with no dilution!

there has to be another mine going in case spanish mines ever decide to strike again in 2025.

I see third quarter being much better with the average market prices should be much higher as gold, silver, and copper took off in March of this year.

(1)

Gold Equivalent Ounces ("GEO") were calculated using the following average market prices:

 

  Q2 FY2024: $2,071.76/oz Au, $23.36/oz Ag, $3.83/lb Cu,

 

  Q1 FY2024: $1,975.87/oz Au, $23.23/oz Ag, $3.71/lb Cu,

 

  Q2 FY2023: $1,888.63/oz Au, $22.56/oz Ag, $4.05/lb Cu



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