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    Oremex Receives Encouraging Sampling Results at Chalchihuites Silver Project

    Investing News Network
    Jan. 18, 2011 11:41AM PST
    Base Metals Investing

    Oremex Resources (CVE:ORM) announced that it has received positive results from drilling at its’ Chalchihuites Silver Project.

    Oremex Resources (TSXV:ORM) announced that it has received positive results from drilling at its’ Chalchihuites Silver Project.

    The press release is quoted as saying:

    Highlights from the 38 samples for which analytical results have been received to date include silver grades up to 200 g/t and lead and zinc grades of greater than 1% (overlimit assays are pending). High-grade mineralization has also been discovered within the granodioritic intrusive where a 2m chip sample of a mineralized structure contained 1,500 g/t silver, 0.99 g/t gold and 1.6% lead.

    Michael R. Smith, President and CEO of Oremex, said:

    “We look forward to receiving the complete results from this sampling program to determine how we will move ahead with the Chalchihuites property

    To access the full release, click here.

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