Orex Minerals Inc V.REX

Alternate Symbol(s): ORMNF

Metals & Mining Industrial Metals & Minerals

Orex Minerals Inc. is a Canada-based mineral exploration company. The Company is focused on precious and base metals exploration in Mexico and Canada. It has several projects: two projects are located in Durango State, Mexico, the Sandra Silver-Gold Project with Pan American Silver Corp. and the Coneto Gold-Silver Project with Fresnillo PLC. A third project is the Jumping Josephine Gold Project in British Columbia, Canada. The Sandra Project is a silver and gold exploration property located 40 kilometers (km) north of the community of Tepehuanes and 180 km north of the City of Durango in Durango State, Mexico. Its Coneto Silver-Gold Project is situated around the town of Coneto de Comonfort, Durango, in north-central Mexico. It is approximately 100 km north of the City of Durango and 25 km west of Argonaut's El Castillo Gold Mine. This prolific trend hosts some silver camps and deposits, including Fresnillo, Guanajuato, La Pitarrilla, La Preciosa, Real de Angeles and Zacatecas.

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Orex Minerals Inc

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Post by tigris72pooon May 31, 2021 5:05pm

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Post# 33297943

Coneto breathing again

https://www.orexminerals.com/news/news-releases/work-program-initiated-for-a-resource-estimation-study-on-the-coneto-silver-gold-project-in-durango-mexico/

First sign of progress in years. Maybe Fresnillo has finally decided to get off the can and get ready to sell Coneto if it's not big enough for them to be material. Very positive sign as any proceeds to Orex would be useful to fund our share of drilling at Sandra and thus reduce dilution.

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