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Bullboard - Stock Discussion Forum Orex Minerals Inc ORMNF


Primary Symbol: V.REX

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... see more

TSXV:REX - Post Discussion

Orex Minerals Inc > silver explorer with pan american silver and fresnillo !
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Post by austrochris on Jan 06, 2023 11:43am

silver explorer with pan american silver and fresnillo !

 Orex has two silver projects in mexico with fresnillo and pan american silver .Both projects have huge potential . Coneto has now a resource of about 40 Million ounces of silverequivalent - 12 veins - 50 veins are minimum at the property , maybe much more . ( 45 % - Orex ) . Sandra has a resource of 33 Million ounces of silver ( 40 % Orex ) . Sandra could also be huge asset . Only 18 % retail investors - NSR in sweden - worth 5 Million US Dollar = marketcap . Third project in BC - which will sold -i guess - third silver project in mexico should come online next months i guess . Fresnillo is in negotiation with orex whether they remain jv partners or not. For Fresnillo, only a few hundred million ounces of silver make sense. maybe a new partner - coneto could host more than 100 Million ounces of silverequivalent . Sandra too !
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