Diamond
Drilling has Started on Orex�s �Las Mesas� Gold-Silver Project in Durango,
Mexico
Vancouver, B.C. � Orex Minerals Inc. � (REX: TSX-V) (�Orex�) is
pleased to announce that its Phase-I diamond drilling program has commenced on
the Las Mesas gold-silver project in northern Durango State, Mexico.
Las Mesas is a large grassroots exploration project
located along a strongly altered portion of a major regional fault structure,
with associated geophysical and geochemical anomalies. It is interpreted to
contain the surface expressions of buried mineralized intrusive centres.
Pathfinder elements match the �tops� halo pattern for gold-silver mineralization.�
Gary Cope, President of Orex,
says; �This is an opportunity to test an
exciting new target area in the prolific Mexican Silver Trend. Las Mesas is a
property option from the discovery team of La Cuesta
International. These will be the first drill holes in the history of Las
Mesas.�
Major Drilling de Mexico S.A. de C.V., of Hermosillo,
Sonora, Mexico, has been contracted to provide drilling services for HQ size
core, utilizing a UDR-200 rig. The Phase-I diamond drilling program will
consist of 2,000 metres in the first of several target areas.
Las Mesas
Project is a large mineral concession of 24,732 hectares. It is located on the
Mesa Central, a high plateau region on the eastern flank of the Sierra Madre
Occidental mountains. The project is centred about 43 km south of the mining
town of Santa Maria del Oro and is about 45 km west-northwest of the La
Pitarrilla silver-gold deposit of Silver Standard.
The �Mexican
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 Guanajuato, Real de
Angeles, Zacatecas, Fresnillo, La Preciosa,
La Pitarilla and Guanacevi
mining camps.
La Cuesta has been involved
in multiple major discoveries in Mexico, including the San Sebastian
gold-silver mine (Hecla Mining), the San Agustin gold deposit and the La Pitarrilla silver deposit (Silver Standard) and the Camino Rojo gold deposit (Canplats /
Goldcorp). Orex�s management team were also the
discoverers of the La Preciosa silver-gold deposit (Orko Silver / Pan American Silver).
Ben Whiting, P.Geo., is the 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 portfolio of
advanced, intermediate and grassroots projects, focusing on the exploration of
prospective gold and gold-silver properties.
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.