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Oremex Announces Drilling Results of 5.5 Meters of 212.26 g/t Silver

Written by Investing News Network
|
Jan. 16, 2012 10:03AM PST

Oremex Silver Inc. (TSXV:OAG,OTCQX:ORAGF,FWB:OSI) announced drilling results from the Mexico-based Chalchihuites silver project.

Oremex Silver Inc. (TSXV:OAG,OTCQX:ORAGF,FWB:OSI) announced drilling results from the Mexico-based Chalchihuites silver project.

As quoted in the press release:

The highlights of the mineralized intervals include 5.5 meters of 212.26 g/t silver containing 1.7 meters of 563 g/t silver in Hole 2. Hole 3 includes intersection of 5.4 meters of 28.56 g/t silver and 0.82 g/t gold comprising of 1.4 meters of 56.6 g/t silver and 2.54 g/t gold.

Oremex’s President and CEO, Michael R. Smith said:

The assay results from the first three holes confirm the presence of high grade mineralization that was previously sampled. We are very pleased with these results as they clearly add to our understanding of the mineralization at Chalchihuites and demonstrate additional potential.

Click here for the Oremex Silver Inc. (TSXV:OAG) press release.

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