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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. 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.


TSXV:REX - Post by User

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  • austrochrisX
Post by austrochrison Mar 05, 2022 12:21pm
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Post# 34486831

silverexplorer with fresnillo and pan american silver JV !

silverexplorer with fresnillo and pan american silver JV ! Orex is an interesting silver and goldexplorer: 3,8 Million Dollar cash on hand , only 17 % Retail investors NSR of Barsele minerals worth 5 Million US Dollar ( 6,35 Million Candollar ) , JV with fresnillo at conito gold silver project - 18 Million ounces of silverequivelnt net to orex , JV with pan american silver 13 Million ounces of silver net to orex . Both projects have potential to 100 Million silverequivalent ounces + ! 100 % ownershop of josephine goldproject - 66000 ounces of gold ! a further new project is on the horizon . 10 Million cash including NSR . 36 Million ounces of silverequivalent worth just 6 Million Candollar - All three projects have huge potential and this in Mexico and Canada ! UNdervalued ! and much more silver and goldounces to come !
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