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Orex Minerals Reports High-grade Silver at Sandra Escobar Project

Charlotte McLeod
Feb. 23, 2016 10:53AM PST
Silver Investing

Orex Minerals Inc. (TSXV:REX) released assay results from an additional five diamond drill holes completed at the Mexico-based Sandra Escobar project. The company is advancing the project via an option agreement with Canasil Resources Inc. (TSXV:CLZ).

Orex Minerals Inc. (TSXV:REX) released assay results from an additional five diamond drill holes completed at the Mexico-based Sandra Escobar project. The company is advancing the project via an option agreement with Canasil Resources Inc. (TSXV:CLZ).
As quoted in the press release:

Hole SA-16-006 yielded 37 metres core length (33.50 metres true thickness) grading 328 g/t silver, starting 10 metres below surface. Within this is a sub-interval of 14.00 metres (12.68 metres true thickness) grading 596 g/t silver. Hole SA-16-006 is located 350 metres east of previously released hole SA-15-001 (see news release dated 25 January 2016).
Also in this set is hole SA-15-002, which yielded 51.00 metres core length (45.00 metres true thickness) grading 218 g/t silver from surface. Within this is a sub interval of 17.00 metres (15.00 metres true thickness) grading 404 g/t silver.

Gary Cope, president of Orex, commented:

The high-grade silver and thick drilling intercepts continue across the target area. Still to come are the results for 11 more holes from the Phase-I drilling program. All of holes drilled to date have hit the strataform host rock unit. Results will be released over the next several weeks.

Click here to read the full Orex Minerals Inc. (TSXV:REX) press release.

tsxv:clz canasil resources inc tsxv:rex canasil resources
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