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Orex Drills More Silver Mineralization at Canasil's Sandra-Escobar Project
Orex Minerals (TSXV:REX) has anounced that the Phase-II diamond drilling program continues to intercept silver mineralization on its Sandra Escobar Project in Durango, Mexico. As quoted in the press release: Highlight for this batch of holes is SA-16-023, which yielded 46 metres core length (40.5 m true thickness) grading 218 g/t silver, starting 25 metres …
Orex Minerals (TSXV:REX) has anounced that the Phase-II diamond drilling program continues to intercept silver mineralization on its Sandra Escobar Project in Durango, Mexico.
As quoted in the press release:
Highlight for this batch of holes is SA-16-023, which yielded 46 metres core length (40.5 m true thickness) grading 218 g/t silver, starting 25 metres vertically below surface. Within this is a sub-interval of 4 metres (3.5 m true thickness) grading 820 g/t silver.
Six of the eight holes, SA-16-023 to 027 and SA-16-030, are in the Main Zone. Hole SA-16-030 seems to mark the eastern boundary of the Main Zone.
In addition, prospecting has identified the geological horizon for disseminated silver mineralization on a separate hillside, Cerro Chato, northwest of the Main Zone. Two holes, SA-16-028 and 029, are test reconnaissance holes in the Cerro Chato Zone. These holes have confirmed that Cerro Chato is a favourable target area. More mapping and drilling is being planned for several zones, including Cerro Chato, in the next phase.
Gary Cope, president, said:
Drilling continues to yield thick intercepts of disseminated silver mineralization showing continuity in the Main Zone. Identification of silver on Cerro Chato and in several other areas bodes well for the next phase of exploration.
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