Replies to post #33230 on Value Microcaps Junior Miners

[checkmate28]

DanKoloff ORV Orvana has put in large efforts in time and dollars to transitioning to a low cost miner. 95,000opy of gold and 14M lbs of copper at 2.80/lb with their improvements in costs and grades is going to produce a lot of Cash Flow. Company is guiding for 2017 AISC of $1150 with some expenced CAPEX. Im estimating Orvana will conservatively see a rate of $20Million yearly CF this year and a doubling of that next year.


The CIL circuit will triple quarterly gold production and lower costs at Don Mario in Bolivia. That's as grade goes from 1.25 g/t to 2.6 g/t in the shift from UMZ ore feed to LMZ ore feed, and gold recovery increases from 50 to above 80 percent all documented.

Mine life 8 -10 year mine life with another 8 - 10 years inferred, plus another 8 -10 years from the stockpile and tailings.

Stockpile mineral resources (measured):
2.2 M tonnes Contained metal : 129k oz Au1.84 g/t, 96 M lbs copper
Au 1.84 gpt / Cu 1.89% / Ag 49.30 gpt

Tailings 150k oz .7gpt

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At the El Valle mine, the restart of the Carles satellite mine has just increased throughput from 1350 tpd to 1850 tpd, and thats on its way to 2000 tpd. At the same time gold head grade will increase from 2.5gpt to 3.5 gpt as they blend more high grade oxide ore.


EV/oz M&I Resource $16

This just a slap together from my notes since Im to buries to get more detailed

Checkmate28

[checkmate28]

DanKoloff ORV Orvana has put in large efforts in time and dollars to transitioning to a low cost miner. 95,000opy of gold and 14M lbs of copper at 2.80/lb with their improvements in costs and grades is going to produce a lot of Cash Flow. Company is guiding for 2017 AISC of $1150 with some expenced CAPEX. Im estimating Orvana will conservatively see a rate of $20Million yearly CF this year and a doubling of that next year.


The CIL circuit will triple quarterly gold production and lower costs at Don Mario in Bolivia. That's as grade goes from 1.25 g/t to 2.6 g/t in the shift from UMZ ore feed to LMZ ore feed, and gold recovery increases from 50 to above 80 percent all documented.

Mine life 8 -10 year mine life with another 8 - 10 years inferred, plus another 8 -10 years from the stockpile and tailings.

Stockpile mineral resources (measured):
2.2 M tonnes Contained metal : 129k oz Au1.84 g/t, 96 M lbs copper
Au 1.84 gpt / Cu 1.89% / Ag 49.30 gpt

Tailings 150k oz .7gpt

-----------------------------------------
At the El Valle mine, the restart of the Carles satellite mine has just increased throughput from 1350 tpd to 1850 tpd, and thats on its way to 2000 tpd. At the same time gold head grade will increase from 2.5gpt to 3.5 gpt as they blend more high grade oxide ore.


EV/oz M&I Resource $16

This just a slap together from my notes since Im to buries to get more detailed

Checkmate28