Orex Initiates
Airborne Geophysical Survey Over Barsele Gold Project, Sweden
Vancouver,
B.C. � Orex Minerals Inc. � (REX: TSX-V) (�Orex�) is
pleased to announce that SkyTEM Surveys ApS of Denmark has initiated 2,200 line kilometres of
airborne geophysical surveying within our Barsele
Gold/Base Metal Project in Sweden.
The helicopter supported survey is a deep penetrating
Time-Domain Electromagnetic (TDEM) System. Magnetics will be flown at the same
time. Line spacing will vary between 100 and 200 meters, depending on the
detail required.
The airborne survey search targets are intrusive
hosted disseminated gold and massive sulphide deposits.� The flying of the survey is expected to take
a week to ten days.� A final report is
anticipated by mid June.� Airborne
anomalies will be followed up with detailed ground geophysical surveys, toward
definition of drill targets.
Gary Cope, President of Orex, says, �This is the beginning of Orex�s exploration
program at Barsele, which will include both airborne and ground geophysical
surveys, diamond drilling and bulk sampling.�
Our intent is to enhance and expand the known resources, as well as
start the definition and drill testing of new targets, within the 32,700
hectares of our concessions.�
The Barsele Deposit is located some 40 kilometres southeast of the town
of Storuman in V�sterbottens L�n, a regional district of northern Sweden
approximately 600 km due north of Stockholm. The geographic coordinates for the
Project are approximately 65�05' north latitude and 17�30' east longitude.
Art Freeze, P.Geo., a director of Orex, is a Qualified
Person as defined in NI43-101 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 Sweden and
Mexico.
ON BEHALF OF
THE BOARD OF DIRECTORS
Gary Cope
President
For further
information, contact Orex Minerals Inc. at (604) 687-6310,
email info@orexminerals.com 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.
.