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19-Nov-07

Orex Minerals' Work Program Underway on Santa Cruz Property

Vancouver, B.C. - Orex Minerals Inc. (formerly Orex Ventures Inc.) - REX: TSX-V is pleased to announce that work is underway on the Santa Cruz Project in Durango State, Mexico in joint venture with Silverex S.A. de C.V.

Located in the Sierra Madre Occidental Mountains, Otaez Municipality, midway between Tayoltita (San Dimas) and Topia mining camps, the Santa Cruz Property is in one of the World's most prolific mineral belts. Santa Cruz is an epithermal gold-silver camp divided into three structural districts. The property hosts three main gold-silver bearing districts, the Eastern, Central and Western, as well as the previously operating Santa Cruz Mine.

Road access to the Orozco area of the Eastern District has now been completed. Construction of new roads to access the Zambraneña and Jesus Maria areas of the Western District is proceeding well following the rainy season.

Additional reconnaissance rock sampling analysed in October from the Western District is in agreement with the March 2007 sampling and has confirmed the high gold and silver prospectivity of this part of the Santa Cruz Camp, in particular the Zambraneña area.

Gary Cope, President of Orex, adds, "We are extremely pleased with the initial sampling results from the Santa Cruz Project. Although we were aware that historical records show that multiple areas of the project produced very high grades of Silver and Gold, it is very gratifying when our own current sampling has produced very good results. We anticipate that the mill upgrades will be completed in the first quarter of 2008 and that test milling from the 90 ton/day plant will begin shortly thereafter.

Once the Work Program of upgrading and extending current roads has been completed, a full scale exploration program will begin immediately. We are currently evaluating numerous drilling options and anticipate signing a contract shortly. We believe that the Santa Cruz project will be a very nice combination of production and exploration.

Our joint venture partner Silverex will operate the mill and oversee test milling from both the mill and the highly lucrative tennantite operation which is not milled but hand-cobbed and sold directly to Chinese buyers.

All proceeds from test milling on the project will be split 50/50 between the two companies. All exploration will be overseen by Orex Minerals Inc."

Suite 2610 - 1066 West Hastings Street, Vancouver, BC, Canada V6E 3X2 Phone: 604.684.4691 Fax: 604.684.4601 Email: info@orexminerals.com Web : www.orexminerals.com

The Western District, which will be a major target area for Orex, has vein structures traced for over 2.5 km strike length. It consists of from northwest to southeast the Carmen, Zambraneña, Christian and Jesus Maria showings.

October 2007 Rock Sampling Highlights
Sample Target Type (true width) Au (g/t) Ag (g/t) Ag-Eq (g/t) Cu (ppm) Pb (ppm) Zn (ppm)
1006 Zambraneņa Chip - 3.00m 0.623 159.5 196.9 24 38 96
1007 Zambraneņa Chip - 9.00m 0.599 165.6 201.5 22 218 346
1010 Zambraneņa Chip - 2.65m 1.916 244.6 359.6 114 906 1660
1018-A Zambraneņa Chip - 2.30m 5.030 930.4 1,234.0 127 459 605
1021 Carmen Chip - 1.90m 1.442 207.6 294.1 61 114 261
1046 Zambraneņa Chip - 2.50m 0.959 159.1 216.6 28 158 522

March 2007 Rock Sampling Highlights (news release 21 June 2007)
Sample Target Type (true width) Au (g/t) Ag (g/t) Ag-Eq (g/t) Cu (ppm) Pb (ppm) Zn (ppm)
100003 Carmen Chip - 1.50m 0.370 197.0 219.2 24 918 1546
100004 Carmen Chip - 2.50m 1.002 284.0 344.1 38 108 199
100006 Zambraneņa Rock grab 1.233 433.7 507.7 29 52 99
100009 Jesus Maria Chip - 1.00m 10.060 817.0 1420.6 112 470 647
100011 Jesus Maria Chip - 1.10m 1.444 663.6 750.2 114 826 1630
100013 Christian Chip - 1.50m 13.150 929.9 1718.9 134 187 382
100014 Christian Chip - 1.50m 7.780 348.7 815.5 65 85 215
100015 Santa Cruz Rock grab 6.500 882.1 1272.1 102000 95 2208

Silver-equivalent is defined as silver grade plus 60 times gold grade. Metallurgical recoveries and net smelter returns are assumed to be 100% for this purpose. Base metal values are not included in the silver-equivalent value. Analytical testing was performed by Inspectorate Labs, a certified analytical laboratory.

Ben Whiting, P.Geo., is the Qualified Person and takes responsibility for the technical disclosure in this news release.

About Orex Minerals Inc.
Orex Minerals Inc. is a junior mineral exploration company comprised of highly qualified mining professionals with a focus on the exploration of prospective gold and gold-silver properties in Mexico and northern Peru.

ON BEHALF OF THE BOARD OF DIRECTORS
Gary Cope President

For further information, contact Orex Minerals Inc. at (604) 684-4691 or Via email at or visit our website on line at www.orexminerals.com


The TSX Venture Exchange has not reviewed and does not accept responsibility for this News Release. This News Release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Orko relies upon litigation protection for forward-looking statements.
 
 

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