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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 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. The 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. The Coneto Silver-Gold Project is located in the Mesa Central, on the eastern flank of the Sierra Madre Occidental Mountains. The Jumping Josephine Gold Project is in the West Kootenay Region in southern British Columbia and has 24 mineral claims totaling 11,667 hectares.


TSXV:REX - Post by User

Post by austrochrison Jan 06, 2023 11:43am
292 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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