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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 AlternativeViewon Nov 10, 2016 11:41am
113 Views
Post# 25445006

Current Sandra-Escobar (Boleras) Exploration Model

Current Sandra-Escobar (Boleras) Exploration ModelREX is now saying that a second La Pitarrilla "type" deposit is they are looking for.

https://www.silverstandard.com/_resources/Pitarrilla_Technical_Report_Dec_14_2012.pdf

I have posted this link before. Refer to P81.

We see that the surface expression (oxide silver) zones are about 1,500 M diameter but only outcrop intermittantly. We also see that the sufide zones, labelled "4" and "3" on the map, and the transitional zone, labelled "2" on the map, are about 500 M wide and about 400 M thick.

One interesting aspect of the map is the "Basal Conglomerate", Zone 4, a sedimentary layer just beneath the start of the volcanic sequence. Elsewhere, this has been named the "Manto-Rico" conglomerate. Conglomerates are typically poorly sorted and often permeable strata, likely to be excellent pathways for mineralizing fluids. They frequently form oil reservoirs in oil exploration. Note that the basal conglomerate at La Pitarrilla is extensive, covering the entire maps and even outcropping to the north.

So the question now becomes, "what exactly did they see in deep hole #62 that gave them the confidence to say that they are now looking at Sandra-Escobar as a potential La Pitarrilla analogue. Did thet drill through the volcanics into the sedimentary basement below? Did the encounter the Manto Rico Congolmerate in hole #62?




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