Silver Discovery in Mexico

The Investing News Network had the chance to speak with Dale Britliffe, senior geologist at Orex Minerals (TSXV:REX), about the company’s Sandra Escobar discovery and plans for the remainder of this year.
Orex has seen success in the past via a partnership with Fresnillo (LSE:FRES) in Mexico and via a joint venture agreement on its Barsele project in Sweden with Agnico Eagle Mines (TSX:AEM). Now, there’s a fair bit of buzz around Sandra Escobar, a joint venture with Canasil Resources (TSXV:CLZ).
Listen to the interview below, or read the full transcript, for what Britliffe had to say.

Interview Transcript
INN: So we’re here to talk about the Sandra Escobar discovery. The big discovery in Mexico this year. Can you tell us a bit about that?
DB: This is a project Orex has a JV with Canasil Resources . It was a project that Canasil have had in their portfolio for some time, and they’ve done some exploration. They’ve done a small amount of drilling.
But this eastern area had not been touched. It was added by Canasil later on. And last year, they were in a position where they were looking for some help in doing some work on that project. We were looking for a project, and it seemed to be a good fit. Yes, the project itself is hosted in a rhyolite pyroclastic tuff. There’s silver mineralization there that was exploited by the old timers in the form of veins. There’s quartz veins, two to three inches thick at their greatest and the exploitation there was not huge. The big breakthrough that Canasil made earlier in the piece was that they sampled the wall rock around the veins and discovered that the wall rock mineralization was just as rich, if not richer than the veins themselves.
INN: Interesting. And I understand you’ve had some pretty impressive intercepts this year?
DB: Well, maybe we got lucky, maybe we didn’t, but from our service work, we identified a few showings that definitely needed drilling straightaway. We had large outcrops on surface that were richly mineralized, and so we set about drilling them. In December last year, we drilled hole one and that hole came back with an impressive 61 meters at 359 grams per ton silver with a true width of about 43 meters.
INN: And the mineralization is fairly, evenly disseminated as well. Is that right?
DB: Yes, this is a new style of mineralization for us. It seems to be a 40 meter thick blanket of disseminated silver mineralization hosted within a porous permeable crystal tuff.