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 on La Preciosa Project in Durango,
Mexico.
Of particular
note are the major widths and high grades in the Abundancia and Martha
veins in Mina La Preciosa sector from drill hole BP07-103. The
Abundancia Vein yielded 11.76 metres grading Au 0.082 g/t and Ag 383.6
g/t, for a silver-equivalent of 388.5 g/t. It includes four samples
over 1 kg Ag for 1.54 metres grading Au 0.346 g/t and Ag 2,050.1 g/t,
for a silver-equivalent of 2,070.9 g/t.
The Martha Vein hit for 23.17
metres grading Au 0.532 g/t and Ag 216.5 g/t, for a silver-equivalent of
248.4 g/t. It includes 6.38 metres grading Au 0.869 g/t and Ag
433.6 g/t, for a silver-equivalent of 485.7 g/t.
Gary Cope,
President of Orko, adds, "Last month we reported the assay results for
Hole 102, which at the time was the best hole ever drilled at La Preciosa.
With the reporting of the results from Hole 103 and its major intercepts
in both Abundancia and Martha Veins, Hole 103 now becomes best hole ever
drilled at La Preciosa. Cumulatively, the results we have been
consistently reporting are significant, impressive and improving. This
gives us ever increasing confidence that we will achieve our objectives at
La Preciosa. We are continuing to drill at a brisk pace and are looking
forward to reporting further results as they become
available.
Significant intercepts have been
received for all five holes presented in this report.
BP07-103
Vein |
From
(m) |
To
(m) |
Core
Length |
True Width |
Au
(g/t) |
Ag
(g/t) |
Ag-Eq
(g/t) |
|
|
|
|
|
|
|
|
Abundancia |
180.38 |
192.90 |
12.52 |
11.76 |
0.082 |
383.6 |
388.5 |
Includes |
187.46 |
192.90 |
5.44 |
5.11 |
0.159 |
833.5 |
843.0 |
Includes |
187.46 |
189.10 |
1.64 |
1.54 |
0.346 |
2,050.1 |
2,070.9 |
Includes |
188.59 |
188.84 |
0.25 |
0.23 |
0.685 |
5,897.4 |
5,938.5 |
|
|
|
|
|
|
|
|
Luz Elena |
297.09 |
302.38 |
5.29 |
4.58 |
0.109 |
202.7 |
209.2 |
Includes |
298.97 |
302.38 |
3.41 |
2.95 |
0.146 |
269.7 |
278.5 |
|
|
|
|
|
|
|
|
Martha |
412.64 |
439.39 |
26.75 |
23.17 |
0.532 |
216.5 |
248.4 |
Includes |
425.81 |
439.39 |
13.58 |
11.76 |
0.682 |
310.4 |
351.3 |
Includes |
428.85 |
436.22 |
7.37 |
6.38 |
0.869 |
433.6 |
485.7 |
Includes |
435.55 |
436.22 |
0.67 |
0.58 |
1.558 |
1,610.3 |
1,703.8 |
Hole BP07-103 was collared north of La Preciosa
Ridge in Mina La Preciosa Sector, 100 metres east of the previously
reported high-grade hole BP07-102 and 100 metres west of hole BP07-98
(news release 9 May 2007) on mine-section 15,500 N, azimuth 090, dip -45
degrees.
BP07-92
Vein |
From
(m) |
To
(m) |
Core Length |
True Width
|
Au
(g/t) |
Ag
(g/t) |
Ag-Eq
(g/t) |
|
|
|
|
|
|
|
|
Abundancia |
187.77 |
191.54 |
3.77 |
3.54 |
0.144 |
289.2 |
297.9 |
Includes |
189.74 |
191.54 |
1.80 |
1.69 |
0.089 |
380.9 |
386.2 |
Includes |
188.18 |
188.38 |
0.20 |
0.19 |
1.120 |
1,250.0 |
1,317.2 |
|
|
|
|
|
|
|
|
Unnamed |
277.32 |
277.96 |
0.64 |
0.55 |
0.563 |
525.7 |
559.5 |
Includes |
277.53 |
277.74 |
0.21 |
0.18 |
1.610 |
1,320.0 |
1,416.6 |
|
|
|
|
|
|
|
|
Marthita |
415.43 |
415.83 |
0.40 |
0.39 |
0.034 |
760.0 |
762.0 |
|
|
|
|
|
|
|
|
Martha |
425.96 |
439.93 |
13.97 |
12.10 |
0.212 |
127.9 |
140.6 |
Includes |
425.96 |
431.68 |
5.72 |
4.95 |
0.204 |
197.6 |
209.8 |
Includes |
425.96 |
429.54 |
3.58 |
3.10 |
0.135 |
248.8 |
257.0 |
Hole BP07-92
was collared north of La Preciosa Ridge in Mina La Preciosa Sector, east
of holes BP05-10 & 11, BP07-95 & 99 and west of hole BP06-90 on
mine-section 15,600 N, azimuth 090, dip -45
degrees.
BP07-90
Vein |
From
(m) |
To
(m) |
Length |
True Width
|
Au
(g/t) |
Ag
(g/t) |
Ag-Eq
(g/t) |
|
|
|
|
|
|
|
|
Unnamed |
116.99 |
119.07 |
2.08 |
2.01 |
0.039 |
134.8 |
137.2 |
|
|
|
|
|
|
|
|
Abundancia |
158.41 |
162.96 |
4.55 |
4.28 |
0.070 |
247.0 |
251.2 |
Includes |
158.89 |
161.16 |
2.27 |
2.13 |
0.069 |
347.3 |
351.5 |
|
|
|
|
|
|
|
|
Unnamed |
209.98 |
210.54 |
0.56 |
0.53 |
0.053 |
340.0 |
343.2 |
|
|
|
|
|
|
|
|
Martha |
338.59 |
358.62 |
20.03 |
18.82 |
0.286 |
144.8 |
161.9 |
Includes |
346.86 |
356.67 |
9.81 |
9.22 |
0.481 |
200.8 |
229.7 |
Includes |
346.86 |
353.05 |
6.19 |
5.82 |
0.684 |
280.4 |
321.4 |
Includes |
348.02 |
351.05 |
3.03 |
2.81 |
1.001 |
408.5 |
468.5 |
Hole BP06-90 was collared
north of La Preciosa Ridge in Mina La Preciosa Sector, east of holes
BP05-10 & 11, BP07-92, 95 & 99, on mine-section 15,600 N, azimuth
090, dip -45 degrees.
BP07-89
Vein |
From
(m) |
To
(m) |
Length |
True Width
|
Au
(g/t) |
Ag
(g/t) |
Ag-Eq
(g/t) |
|
|
|
|
|
|
|
|
Unnamed |
416.24 |
417.19 |
0.95 |
0.89 |
0.530 |
170.6 |
202.4 |
Includes |
416.73 |
417.19 |
0.46 |
0.43 |
0.759 |
320.0 |
365.5 |
|
|
|
|
|
|
|
|
Unnamed |
420.53 |
421.74 |
1.21 |
1.14 |
0.337 |
215.0 |
235.2 |
|
|
|
|
|
|
|
|
Abundancia |
502.83 |
507.36 |
4.53 |
4.11 |
0.398 |
91.3 |
115.2 |
Includes |
503.44 |
505.58 |
2.14 |
1.94 |
0.327 |
152.3 |
171.9 |
Includes |
503.89 |
504.46 |
0.57 |
0.52 |
0.446 |
424.0 |
450.8 |
Includes |
503.89 |
504.08 |
0.19 |
0.17 |
0.234 |
1,050.0 |
1,064.0 |
|
|
|
|
|
|
|
|
Unnamed |
503.89 |
554.91 |
1.31 |
1.15 |
0.174 |
100.0 |
110.4 |
Includes |
553.71 |
554.31 |
0.60 |
0.52 |
0.369 |
215.1 |
237.3 |
Hole BP06-89 was collared
in the fields west of La Preciosa Ridge in Mina La Preciosa Sector, 100
metres west of hole BP07-87 and 250 metres west of holes BP05-08 and 09,
on mine-section 15,400 N, azimuth 090, dip -50 degrees. This area may
represent a down-dropped graben block in the western valley. There are
also higher lead and zinc values in the deeper
intersections.
BP07-88
Vein |
From
(m) |
To
(m) |
Length |
True Width
|
Au
(g/t) |
Ag
(g/t) |
Ag-Eq
(g/t) |
|
|
|
|
|
|
|
|
Unnamed |
299.24 |
300.30 |
1.06 |
0.92 |
0.026 |
178.0 |
179.6 |
|
|
|
|
|
|
|
|
Abundancia |
358.75 |
372.96 |
14.21 |
12.31 |
0.109 |
77.1 |
83.7 |
Includes |
367.15 |
372.96 |
5.81 |
5.03 |
0.220 |
102.2 |
115.3 |
Includes |
368.14 |
370.94 |
2.80 |
2.42 |
0.258 |
140.3 |
155.8 |
Hole BP06-88 is located in La Preciosa Norte
Sector, north of La Preciosa Ridge, on mine-section 15,700 N. It was
drilled at 090 azimuth and -45 degrees dip. This hole is collared 100 m
east of hole BP06-80. 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.
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
Due to the use
of two certified analytical labs, with different times to delivery of
results, and the difference in speed of drilling of the two drill rigs,
the announcement of drill results will be out of numeric sequence for some
of the drill holes. All drill results will be announced and reported as
received.
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 the link
below:
http://www.orkosilver.com/s/QAQC.asp
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%. |