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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
Comment by AlternativeViewon Nov 06, 2016 5:31pm
77 Views
Post# 25430323

RE:RE:RE:I'll Give This One Last Attempt

RE:RE:RE:I'll Give This One Last AttemptIt is a bit early for that. I would prefer to see what gets reported in the final 2 drill holes.

I will say that there is no reason at this point, why Sandra-Escobar cannot be as big, or even bigger that La Pitarrilla. Sandra-Escobar has an excellent chance of hitting sulfide mineralization, at depth. It also has this unusual mechanism of a permeable tuff, for accumulating mineralization, which if it comes from the caldera itself, could be absolutely massive. Even more interesting are the gold and copper interesctions reported by Canasil, in their earlier drilling.

So have a look at P26 and think about 500M ounces of silver, 1B lbs of lead, 3B lbs of zinc, with additional gold and copper thrown in for good measure. That is the upside potential.
https://www.silverstandard.com/_resources/Pitarrilla_Technical_Report_Dec_14_2012.pdf
Bullboard Posts