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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 is the major width and high grade in the Abundancia Vein in Mina La
Preciosa sector from drill hole BP07-101. The Abundancia Vein yielded
19.05 metres true width grading 226.0 g/t Ag and 0.227 g/t Au for a
silver-equivalent of 239.6 g/t, including 11.97 metres true width grading
296.5 g/t Ag and 0.249 g/t Au for a silver-equivalent of 311.4 g/t.
This hole also contained thickness and grade intercepts for Chabelita, Luz
Elena and Martha Veins.
Gary Cope,
President of Orko, adds, "The 19.05 metre true width intercept grading
239.6 g/t silver-equivalent in Abundancia Vein is extremely exciting. This
intercept is remarkable not only for its width but also for its consistent
high grade. La Preciosa continues to deliver and we are eagerly
anticipating releasing further results as they become
available.
BP07-101
| Vein |
From
(m) |
To
(m) |
Core
Length |
True Width |
Au
(g/t) |
Ag
(g/t) |
Ag-Eq
(g/t) |
| |
|
|
|
|
|
|
|
| Abundancia |
97.14 |
116.86 |
19.72 |
19.05 |
2.27 |
226.0 |
239.6 |
| Includes |
97.14 |
109.53 |
12.39 |
11.97 |
0.249 |
296.5 |
311.4 |
| Includes |
104.15 |
106.88 |
2.73 |
2.64 |
0.368 |
475.5 |
497.6 |
| |
|
|
|
|
|
|
|
| Chabelita |
126.46 |
128.82 |
2.36 |
2.28 |
0.261 |
173.8 |
189.5 |
| Includes |
126.46 |
127.70 |
1.24 |
1.20 |
0.401 |
296.7 |
320.8 |
| |
|
|
|
|
|
|
|
| Luz Elena |
205.59 |
207.22 |
1.63 |
1.53 |
0.622 |
309.3 |
346.6 |
| Includes |
205.59 |
206.94 |
1.35 |
1.27 |
0.742 |
361.9 |
406.4 |
| |
|
|
|
|
|
|
|
| Unnamed |
268.62 |
269.28 |
0.66 |
0.57 |
0.202 |
436.8 |
448.9 |
| |
|
|
|
|
|
|
|
| Martha |
534.74 |
540.18 |
5.44 |
4.71 |
0.474 |
74.6 |
103.0 |
| Includes |
537.33 |
540.18 |
2.85 |
2.47 |
0.839 |
74.0 |
124.3 |
| Includes |
538.69 |
540.18 |
1.49 |
1.29 |
1.415 |
103.5 |
188.4 |
Hole BP07-101 was collared north of La Preciosa
Ridge in Mina La Preciosa Sector, east of holes BP05-08 and 09 and west
of hole BP06-91 on mine-section 15,400 N, azimuth 090, dip -45 degrees. It
is 100 metres south and 100 metres west of the previously reported
high-grade hole BP07-102 (news release 9 May 2007).
BP07-91
| Vein |
From
(m) |
To
(m) |
Core Length |
True Width
|
Au
(g/t) |
Ag
(g/t) |
Ag-Eq
(g/t) |
| |
|
|
|
|
|
|
|
| Unnamed |
108.31 |
110.41 |
2.10 |
1.97 |
0.184 |
131.4 |
142.5 |
| Includes |
108.31 |
109.84 |
1.53 |
1.44 |
0.244 |
156.6 |
171.2 |
| |
|
|
|
|
|
|
|
| Esperancita |
180.10 |
182.25 |
2.15 |
1.38 |
0.293 |
171.7 |
189.3 |
| Includes |
180.31 |
182.05 |
1.74 |
1.12 |
0.355 |
208.6 |
229.9 |
|
|
|
|
|
|
|
|
| Unnamed |
208.47 |
211.14 |
2.67 |
2.51 |
0.183 |
107.5 |
118.5 |
| Includes |
209.20 |
211.14 |
1.94 |
1.82 |
0.208 |
119.3 |
131.8 |
| |
|
|
|
|
|
|
|
| Abundancia |
215.00 |
223.10 |
8.10 |
7.61 |
0.104 |
106.7 |
113.0 |
| Includes |
219.60 |
223.10 |
3.50 |
3.29 |
0.188 |
167.1 |
178.4 |
| Includes |
215.00 |
215.60 |
0.60 |
0.56 |
0.088 |
221.0 |
226.3 |
Hole BP06-91
was collared north of La Preciosa Ridge in Mina La Preciosa Sector, east
of holes BP05-08, 09 and BP07-101 on mine-section 15,400 N, azimuth 090,
dip -45 degrees. This hole did not go deep enough to reach the Martha
Vein.
BP06-87
| Vein |
From
(m) |
To
(m) |
Length |
True Width
|
Au
(g/t) |
Ag
(g/t) |
Ag-Eq
(g/t) |
| |
|
|
|
|
|
|
|
| Abundancia |
365.25 |
368.81 |
3.56 |
3.44 |
0.142 |
113.3 |
121.8 |
| Includes |
365.25 |
365.81 |
0.56 |
0.54 |
0.534 |
209.0 |
241.0 |
| Includes |
368.39 |
368.81 |
0.42 |
0.41 |
0.297 |
590.0 |
607.8 |
| |
|
|
|
|
|
|
|
| Unnamed |
592.87 |
594.73 |
1.86 |
1.75 |
0.363 |
116.4 |
138.2 |
| Includes |
593.17 |
593.57 |
0.40 |
0.38 |
1.380 |
530.0 |
612.8 |
Hole BP06-87 was a
western deep step-out hole collared in the fields west of La Preciosa
Ridge in Mina La Preciosa Sector, 150 metres west of holes BP05-08 and
09, on mine-section 15,400 N, azimuth 090, dip -50
degrees.
BP06-86
Hole BP06-86 was drilled
in La Preciosa Norte Sector at 090 degrees azimuth, -45 degrees dip, on
mine-section 15,800 N, 100 metres east of BP06-82. Quartz vein and
veinlets zones, with galena and sphalerite, were identified, but precious
metal content is low.
BP07-93, 97 and 100
Hole BP07-93, 97 and 100 were northward
oriented holes, -45 degrees dip, to test the transition area between Mina
La Preciosa Sector and La Preciosa Norte Sector. The results show a
post-mineralization intense fracturing and brecciation zone. No structures
of economic mineralization present.
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%.
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