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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 youngkidon May 18, 2016 12:16pm
100 Views
Post# 24885050

German Article

German Article
 https://investor-magazin.de/1735orex-minerals-zurueck-in-der-erfolgsspur/ English translation: The Canadian Silver Explorer Orex Minerals returns to winning ways. After recent, weaker drilling, was laid last Monday before new analysis results from drilling at the Sandra Escobar project in Mexico. The new findings now confirm again our thesis that Orex because high grade silver deposit has encountered actually a very good. Overall, it has published five borehole analyzes from the ongoing phase II drill program. So average among other hole SA-16-019 mineralization over a length of 60 meters with up to 205 g / t silver. This includes even 15 meters with 375 g / t silver. Next plans Orex Minerals that together with joint venture partners Canasil Resources project in Durango State operates to create a resource estimate for Sandra Escobar. For this, one has recently commissioned the consulting firm Mining Plus. Unfortunately, Orex gives no information as to when the first resource estimate is expected. Based on the available data, we assume that this in September, ie after the long summer holidays in North America, could be presented at the very latest. They want to certainly avoid to present good news in the lackluster July and August when many investors are on the beach
Bullboard Posts