Orex Continues Drilling at Coneto Gold-Silver Project in Durango, Mexico

Orex Minerals Incorporated (TSXV:REX) received the second batch of drilling results from the Phase III diamond drill program on the Coneto gold-silver project in Durango, Mexico. Similar to the first batch, the second batch consists of a dozen exploration diamond drill holes, widely spaced, on multiple targets approximately 1 to 4 kilometers to the southeast of the village.

As quoted in the release:

Notable intercepts include BCO-40 on the Promontorio vein, yielding 3.90 m (true thickness) grading gold 1.85 g/t and silver 70 g/t for a gold-equivalent of 3.02 g/t, or a silver-equivalent of 181 g/t. Five holes were drilled on the Impulsora vein over a 1.9 km strike length. Hole BCO-42 on this structure yielded 3.09 m grading gold 0.99 g/t and silver 70 g/t for a gold-equivalent of 2.14 g/t, or a silver-equivalent of 129 g/t. Five holes were drilled on the Descubridora vein over a 600 metres strike-length. Hole BCO-47 on this structure yielded 4.50 m grading gold 0.79 g/t and silver 56 g/t for a gold-equivalent of 1.72 g/t, or a silver-equivalent of 103 g/t.

The historic Coneto Mining District is situated in the heart of the ‘Mexican Silver Trend’, on the Mesa Central, stretching from Guanajuato in the southeast, through to the states of Zacatecas and Durango. This prolific trend hosts some of the world’s largest silver camps and deposits, including Fresnillo, Guanajuato, La Pitarrilla, La Preciosa, Real de Angeles, and Zacatecas.

Orex President and CEO Gary Cope stated:

As mentioned last month, the Santo Niño, La Bufa, Loma Verde and Impulsora veins all look very prospective for gold and silver. These drill results add the Promontorio and Descubridora veins to that list.

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