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Orex Minerals Inc V.REX

Alternate Symbol(s):  ORMNF

Orex Minerals Inc. is a Canada-based mineral exploration company. The Company is focused on precious and base metals exploration in Mexico and Canada. The Company is engaged primarily in the acquisition and exploration and evaluation of assets. It has several projects, including two projects located in Durango State, Mexico, the Sandra Silver-Gold Project with Pan American Silver Corp. and the Coneto Gold-Silver Project with Fresnillo PLC. The third project is the Valenciana Gold-Silver-Base Metals Project in Zacatecas State, Mexico. The fourth project is the Jumping Josephine Gold Project in British Columbia, Canada. The Sandra Project is situated north of the town of Tepehuanes, Durango, in the heart of the Mexican Silver Trend, midway between the mining districts of Tovar and Guanacevi. The Coneto Silver-Gold Project is adjacent to the village of Coneto de Comonfort, centrally positioned within the Mexican Silver Trend, over 100 km north of the city of Durango, Mexico.


TSXV:REX - Post by User

Bullboard Posts
Post by Ihateshareson May 01, 2012 12:10pm
344 Views
Post# 19856827

Nice Pop!

Nice Pop!

Seems the recent good results have some people interested, not before time too,  the market cap for Orex is a steal given they are confident of at least doubling their current resource estimate for Barsele and already have a JV with Fresnillo for the Coneto silver project in Mexico which has the potential to be bigger than Copes La Presiosa project with Orko.

Cope and Co are pretty excited by Barsele and have indicated they are anxious to fast track the drilling.  The current program is being extended and they are also going to raise an additional £10-15m to allow for follow up drilling.

This one is going to get exciting quickly.

Bullboard Posts