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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 Jan 06, 2023 11:43am
466 Views
Post# 35207006

silver explorer with pan american silver and fresnillo !

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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