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Orex Hits 67 Meters Grading 192 g/t Silver on Sandra Escobar Project

Jocelyn Aspa
Aug. 30, 2016 08:20AM PST
Silver Investing

Orex Minerals (TSXV:REX) has announced that the Phase-III diamond drilling program continues to intercept silver mineralization on its Sandra Escobar Project in Mexico. As quoted in the press release: Assays for five more drill holes are now available. These include holes SA-16-039 to SA-16-043 in the southeastern region of the project. The Sandra Escobar Project …

Orex Minerals (TSXV:REX) has announced that the Phase-III diamond drilling program continues to intercept silver mineralization on its Sandra Escobar Project in Mexico.
As quoted in the press release:

Assays for five more drill holes are now available. These include holes SA-16-039 to SA-16-043 in the southeastern region of the project. The Sandra Escobar Project is being advanced by Orex under an option agreement with Canasil Resources Inc. — (TSX.V: CLZ) (“Canasil”).
Highlight for this batch of holes is SA-16-041, which yielded 67 metres core length (58 m true thickness) grading 192 g/t silver, starting from surface. Within this is a sub-interval of 2 metres (1.73 m true thickness) grading 1,216 g/t silver.
Hole SA-16-039 is located in a faulted corridor between the Main Zone and Burro Zone. Hole SA-040 is a 50 metres step out to the south side of the Main Zone. Holes SA-16-041, 042 and 043 are in-fill drill holes in the Main Zone to tighten section spacing to 50 metres. The in-fill drilling was performed at the request of the mining consultants who are preparing the initial resource estimate.
Orex’s President, Gary Cope says, “Drilling continues to yield thick intercepts of disseminated silver mineralization showing strong continuity in the Main Zone of the Boleras Deposit.”

Click here to read the full press release.

phase iii canasil resources inc tsxv:rex canasil resources
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