VANCOUVER,
British Columbia - Orko Silver Corp. (TSX.V - OK) is pleased to
announce that it has received further assay results from the current
Diamond drilling program at La Preciosa Project in Durango,
Mexico.
BP06-79
Vein |
From
(m) |
To
(m) |
Length |
True Width |
Au
(g/t) |
Ag
(g/t) |
Ag-Eq
(g/t) |
|
|
|
|
|
|
|
|
Unnamed |
63.10 |
65.62 |
2.52 |
2.39 |
0.257 |
104.6 |
120.0 |
|
|
|
|
|
|
|
|
La Gloria |
69.79 |
73.99 |
4.20 |
3.64 |
0.270 |
293.0 |
309.2 |
Includes |
70.54 |
73.71 |
3.17 |
2.75 |
0.308 |
344.2 |
362.7 |
|
|
|
|
|
|
|
|
Abundancia |
81.79 |
91.27 |
9.48 |
8.91 |
0.202 |
158.5 |
170.6 |
Includes |
81.79 |
83.37 |
1.58 |
1.52 |
0.317 |
264.2 |
283.2 |
Includes |
84.95 |
88.29 |
3.34 |
3.14 |
0.311 |
240.1 |
258.8 |
|
|
|
|
|
|
|
|
Chabelita |
113.86 |
118.49 |
4.61 |
4.33 |
0.458 |
186.2 |
213.7 |
Includes |
114.61 |
118.49 |
3.86 |
3.63 |
0.521 |
209.8 |
241.0 |
|
|
|
|
|
|
|
|
Hole BP06-79 was drilled from the
west side of La Preciosa Ridge, east of BP06-76, at azimuth 090 degrees,
dip -45 degrees, on mine-section 15,000 N. It passes through significant
intersections of La Gloria, Abundancia, and Chabelita
veins.
Gary Cope, President of Orko Silver, adds What these
holes demonstrate is that the Abundancia Vein is maintaining a good
thickness and grade. Hole 79 is noted for its intercept of Abundancia at
true thickness of 8.91 metres grading 0.202 g/t gold and 158.5 g/t silver
for a silver-equivalent of 170.6 g/t. Within this section is also
3.14 metres of 0.311 g/t gold and 240.1 g/t silver for a silver-equivalent
of 258.8 g/t. Most notable is Hole 81, intercepting Abundancia with
a true thickness of 20.30 metres grading gold 0.388 g/t, silver
95.2 g/t, for silver-equivalent of 118.4 g/t. Within this section is
4.00 metres true thickness of 0.743 g/t gold and 189.2 g/t silver, for
silver-equivalent of 233.8 g/t. These results will significantly add
to our next resource estimate. We are currently drilling holes 107
and 108 and anticipating further assay results from drilling already
completed.
BP06-80
Vein |
From
(m) |
To
(m) |
Length |
True Width
|
Au
(g/t) |
Ag
(g/t) |
Ag-Eq
(g/t) |
|
|
|
|
|
|
|
|
Unnamed |
234.20 |
238.91 |
4.71 |
4.43 |
0.088 |
114.8 |
120.0 |
Includes |
234.63 |
236.36 |
1.73 |
1.62 |
0.140 |
175.3 |
183.8 |
|
|
|
|
|
|
|
|
Abundancia |
391.25 |
403.33 |
12.08 |
10.46 |
0.128 |
72.5 |
80.2 |
Includes |
400.20 |
403.33 |
3.13 |
2.71 |
0.293 |
137.6 |
155.1 |
|
|
|
|
|
|
|
|
Hole BP06-80
is located in La Preciosa Norte Sector, north of La Preciosa Ridge, on
mine-section 15,700 N. It was drilled at 090 degrees azimuth and -45
degrees dip. This hole is collared 100 m east of Hole BP06-78. While the
Abundancia vein is clearly a significant structure in this hole and it is
mineralized throughout, only the bottom portion is in ore
grade.
BP06-81
Vein |
From
(m) |
To
(m) |
Length |
True Width
|
Au
(g/t) |
Ag
(g/t) |
Ag-Eq
(g/t) |
|
|
|
|
|
|
|
|
Abundancia |
413.00 |
436.44 |
23.44 |
20.30 |
0.388 |
95.2 |
118.4 |
Includes |
425.20 |
434.14 |
8.94 |
7.74 |
0.543 |
138.8 |
171.4 |
Includes |
425.20 |
429.79 |
4.59 |
4.00 |
0.743 |
189.2 |
233.8 |
|
|
|
|
|
|
|
|
Hole BP06-81 is located in La Preciosa Norte
Sector, north of La Preciosa Ridge, on mine-section 15,700 N. It was
drilled at 090 degrees azimuth and -45 degrees dip. This hole is collared
100 m west of Hole BP06-78.
A detailed drill plan map is
available at the link below:
http://www.orkosilver.com/i/pdf/drillplanmap.pdf
A
complete table of drill results is available at the link below:
http://www.orkosilver.com/i/pdf/drillresults.pdf
A printer
friendly PDF format is available at the link below:
http://www.investorhub.ca/orkonews.pdf
Ben Whiting, P.Geo., is the
Qualified Person and takes responsibility for the technical disclosure in
this news release. Full details of the Companys sampling protocols and
QA/QC program can be located at our website at www.orkosilver.com. Silver-equivalent for the purposes of this drilling program is defined as
silver grade plus 60 times gold grade. Metallurgical recoveries and net
smelter returns are assumed to be 100%. |