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Bullboard - Stock Discussion Forum 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... see more

TSX:ORV - Post Discussion

Orvana Minerals Corp > economical or not?
View:
Post by xyz_trader1 on Apr 18, 2022 9:37am

economical or not?

22LIDIA04

96.10

292.60

196.50

0.53


The recent drill intercept 22LIDIA04 had drill intercept from 96 metres down from surface to 292 metres of gold.  (196.50 metres at 0.53g/t AU). To me this is a very good drill result because open pit mining can be done since its less than 100 metres from surface.

I wonder if Gandoolph can give his input. Hope hes still around with ORV.

xyz
Comment by ganndolph1 on Apr 18, 2022 11:05pm
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 ...more