Back to compendium

Mining Project

Taguas

Address
San Juan
Stage
Advanced exploration
Minerals
Gold · Silver
Capital Cost
$141,000,000.00
Remaining Life
9 Years
Taguas

General Information

Address
San Juan
Location
Google Maps

Description

• Project situated in a highly prolific belt for world-class deposits. Advanced exploration property with an engineering program being developed. Excellent infrastructure, 25 Kms from Veladero mine. • The mining method proposed for the Property in the PEA is conventional truck and shovel open pit mining. The proposed recovery process will be crushing of mineralized material at a rate of 15,000 tpd, stacking in 10 m lifts on a permanent heap leach and gold and silver recovery from the heap leach pregnant solution in a Merrill-Crowe recovery plant where gold and silver will be precipitated to produce doré gold bars. • More than 63,000m of drilling carried out on the Property • Repositioning strategy: Orvana had been focused on the oxides portion of the property. Now potentially including sulphides resources, plus deep copper-gold porphyry opportunities • A targeted exploration program has been initiated to evaluate the property's full potential and to inform the ongoing strategic repositioning of the Taguas Project • Results will be evaluated to determine the strategic positioning of the property and to define the next steps

Processing

  • Pila
  • Lixiviación
  • Merril Crowe

Average Annual Production

Total during LOM: 430,000 oz of gold and 7.61 Moz of silver (PEA dic2021)

Resources & Reserves

Total Resources (Indicated + Inferred): 1.675 Moz gold, 46.339 Moz silver & 312M pounds of copper (PEA dic2021)

Additional Comments

Advanced Exploration (PEA NI 43-101 december 2021)

Related companies

Operator

  • ORVANA ARGENTINA S.A100%

Investor

  • ORVANA MINERALS CORP100%

Project map

Mining Project: Taguas | Panorama Minero