Vancouver, B.C. -- Orex Minerals Inc. -- (REX: TSX-V)
is pleased to announce the awarding of a diamond drilling contract to Major Drilling de Mexico, S.A. de C.V. for exploration on the Coneto Gold-Silver Project in Durango State, Mexico.
The initial Phase-I diamond drilling program is planned for approximately 5,000 metres of HQ and NQ diameter core, in 10 to 12 holes, utilizing a surface UDR-200 rig.
Gary Cope, President of Orex, says; "We are very encouraged by the progress of geological mapping and sampling on the Coneto Project to date and look forward to the start of diamond drilling. We will be drill testing at least four targets in Phase-I."
Located in the Mesa Central on the eastern flank of the Sierra Madre Occidental Mountains, Coneto is centrally positioned in the "Mexican Silver Trend". This silver trend, stretching from Guanajuato in the southeast, through the states of Zacatecas and Durango, hosts some of the World's largest silver deposits, including the Real de Angeles, Zacatecas, Fresnillo, La Preciosa, and La Pitarrilla mining camps.
Over 40 epithermal silver-gold vein structures have been identified at Coneto. The initial Orex program has consisted of detailed structural geology mapping and geochemical sampling in the central, west and southeast areas. This program is designed to guide a diamond drilling program.
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.
ON BEHALF OF THE BOARD OF DIRECTORS
For further information, contact Orex Minerals Inc.
at (604) 687-6310,
or visit our website at www.orexminerals.com
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. Orex relies upon litigation protection for forward-looking statements.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.