Orex Signs a Non-Binding Letter of Intent to Acquire 100% of the Valenciana Gold-Silver Project in Zacatecas State, Mexico
de C.V. ("EEC"), a Mexican registered private company, to acquire 100% of the Valenciana Gold-Silver Project in Zacatecas State, Mexico (the "Valenciana Property").
- de C.V. ("EEC"), a Mexican registered private company, to acquire 100% of the Valenciana Gold-Silver Project in Zacatecas State, Mexico (the "Valenciana Property").
- It is located on the Mesa Central within the prolific "Silver Trend" of Mexico.
- Orex's President & CEO, Ben Whiting, P.Geo., said; "The discovery potential of the Valenciana District was recognized by geologists Perry Durning and Bud Hillemeyer back in 1996.
- There are signs of early production, with old mine shafts and adits, but no historic production documentation is available.