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Orex Exploration Inc. V.OX

"Orex Exploration Inc is engaged in the exploration of gold mining sites located in Nova Scotia, Canada. The Company owns goldboro project in Guysborough County, Nova Scotia."


TSXV:OX - Post by User

Bullboard Posts
Comment by TooL8on Feb 06, 2011 11:12am
240 Views
Post# 18083457

RE: RE: RE: RE: Wonder what's up

RE: RE: RE: RE: Wonder what's upAll phase are completed which includes Dolliver. RC drilling was done in east Goldbrook and those results were communicated.

Orex Exploration Inc.: Update on the Goldboro Exploration Program

MONTREAL, QUEBEC, Nov. 1, 2010 (Marketwire) -- OREX EXPLORATION INC. (TSX VENTURE:OX)(FRANKFURT:O5D) would like to provide shareholders with the following update on the 2010 drilling campaign on the Company's wholly-owned Goldboro Gold Property. As previously announced, the project operator Osisko Mining Corporation has completed a total of 59 drill holes (12,995.5 metres) during the 2010 program in three campaigns (Phases 2D, 2E and 2F) covering the Ramp Area, West Goldbrook and Dolliver Mountain segments of the gold mineralized Boston-Richardson Anticlinal Structure ("BRAS").

A Reverse Circulation drilling campaign was also conducted on the Goldboro Gold Property. Reverse Circulation drilling is a method for obtaining chip samples of mineral occurrences at or near surface.

The management teams of Orex and Osisko and the geological consultants to Osisko recently met to review the last Total Metallic Screen results and the results from the Reverse Circulation drilling campaign. Orex has not yet received all of the data and results from the geological team. As soon as the Company receives all of this information, it will be communicated to shareholders by means of press release.

Getting back to my orginal comments on Phase 2 (D,E,F) which has finished we still have not recieved a resource update(as promised) or any indication to drill further. 

"I am pleased thatOsisko has begun the final stages of our Phase 2 drilling campaign. Onceall Phases are completed, we will have 43-101-compliant data for theentire 2.5 km strike length of our Goldboro Property.

I'm not familiar with the terraine & haven't a clue were the swamp is but obviously it has nothing to do with phase 2 drilling or the 2010 drilling campaign would not be completed.


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