Coneto de Comonfort

Hyperspectral Alteration Studies are Underway on the Coneto Gold-Silver Project in Durango State, Mexico

Retrieved on: 
Thursday, September 14, 2023

VANCOUVER, BC, Sept. 14, 2023 /PRNewswire/ - Orex Minerals Inc. (the "Company" or "Orex") (TSXV: REX) (OTCQB: ORMNF) is pleased to announce that hyperspectral alteration studies are now underway on the Coneto Gold-Silver Project in central Durango State, Mexico.

Key Points: 
  • VANCOUVER, BC, Sept. 14, 2023 /PRNewswire/ - Orex Minerals Inc. (the "Company" or "Orex") (TSXV: REX) (OTCQB: ORMNF) is pleased to announce that hyperspectral alteration studies are now underway on the Coneto Gold-Silver Project in central Durango State, Mexico.
  • The Coneto Project is operated by Exploraciones y Desarrollos Mineros Coneto SAPI de CV, a joint venture between Orex Minerals Inc. (45%) and Fresnillo plc (55%).
  • Orex's President & CEO, Ben Whiting, P.Geo., said; "This is a positive step in the advancement of the Coneto Project.
  • An understanding of the alteration of host rocks, due to hydrothermal fluid flow, is important for identifying feeder systems for the gold and silver mineralization."

Phase-I Reconnaissance Drilling Completed on the Sandra Silver-Gold Project in Durango, Mexico

Retrieved on: 
Wednesday, October 5, 2022

The drilling has been conducted by Globexplore, an experienced diamond drilling service company, utilizing low environmental impact, man-portable drill rigs.

Key Points: 
  • The drilling has been conducted by Globexplore, an experienced diamond drilling service company, utilizing low environmental impact, man-portable drill rigs.
  • This program was carried out under strict COVID-19 safety protocols and was assisted by the consulting group Geotech Evaluation Services ("GES").
  • Prior to this 2022 program of 8 holes for 2,665 metres, there have been two previous drilling campaigns on the Sandra Project.
  • Orex has several current projects: Two projects are located in Durango State, Mexico, the Sandra Silver-Gold Project with Pan American Silver Corp. and the Coneto Gold-Silver Project with Fresnillo PLC.

Geologist Tatiana Alva Jimenez joins as a Technical Advisor to Orex

Retrieved on: 
Thursday, May 26, 2022

VANCOUVER, BC, May 26, 2022 /PRNewswire/ - Orex Minerals Inc.("Orex") (TSXV: REX) (OTCQB: ORMNF) is pleased to announce that Tatiana Alva Jimenez, M.Sc.

Key Points: 
  • VANCOUVER, BC, May 26, 2022 /PRNewswire/ - Orex Minerals Inc.("Orex") (TSXV: REX) (OTCQB: ORMNF) is pleased to announce that Tatiana Alva Jimenez, M.Sc.
  • has joined the geological senior management team of Belcarra Group Management Ltd. as a Vice President Exploration, and in this role she will serve as a Technical Advisor to Orex.
  • Orex's President & CEO, Ben Whiting, P.Geo., states: "We welcome Tatiana Alva Jimenez to our team at the Belcarra Group.
  • Her experience in Latin American exploration and mining projects will be a particularly valuable addition to our technical guidance for Orex."

Permit Received and Plans Underway for Diamond Drilling on the Sandra Silver-Gold Project in Durango, Mexico

Retrieved on: 
Tuesday, May 3, 2022

We also appreciate this opportunity to work with our talented joint venture partners to advance the Sandra Project."

Key Points: 
  • We also appreciate this opportunity to work with our talented joint venture partners to advance the Sandra Project."
  • Throughout 2021 and into early 2022, Orex conducted a geological mapping and lithogeochemical sampling program over the combined 6,970 hectares of the Project.
  • An initial mineral resource estimate at Sandra was released in 2016 for the disseminated silver discovery of the Boleras Deposit.
  • Orex has several current projects: Two projects are located in Durango State, Mexico, the Sandra Silver-Gold Project with Pan American Silver Corp. and the Coneto Gold-Silver Project with Fresnillo PLC.

Orex Announces Grant of Options

Retrieved on: 
Thursday, December 23, 2021

VANCOUVER, BC, Dec. 22, 2021 /PRNewswire/ -Orex Minerals Inc. (TSXV: REX) (OTCQB: ORMNF) (the "Company" or "Orex") announces that it has granted an aggregate of 3,600,000 incentive stock options to directors, officers, and consultants to purchase up to 3,600,000 common shares in the capital of Orex.

Key Points: 
  • VANCOUVER, BC, Dec. 22, 2021 /PRNewswire/ -Orex Minerals Inc. (TSXV: REX) (OTCQB: ORMNF) (the "Company" or "Orex") announces that it has granted an aggregate of 3,600,000 incentive stock options to directors, officers, and consultants to purchase up to 3,600,000 common shares in the capital of Orex.
  • The incentive stock options have an exercise price of $0.10 per share, expire five years from the date of grant, and vest immediately.
  • As a result of this option grant, Orex has 12,500,000 stock options outstanding, representing 6.7% of the issued and outstanding share capital of the Company.
  • Orex Minerals Inc. is a mineral exploration company focused on precious and base metals exploration in Mexico and Canada.

Positive Metallurgical Testing Results Received for the Coneto Gold-Silver Project in Durango, Mexico

Retrieved on: 
Wednesday, August 4, 2021

Bottle roll testing was carried out for each sample to evaluate recovery of gold and silver.

Key Points: 
  • Bottle roll testing was carried out for each sample to evaluate recovery of gold and silver.
  • The tests were developed in 5 litre bottles, using ~ 1000 grams of sample, for a retention time of 96 hours.
  • Coneto is situated around the town of Coneto de Comonfort, Durango, in the heart of the "Mexican Silver Trend".
  • Orex has several current projects: Two projects are located in Durango State, Mexico, the Sandra Silver-Gold Project with Pan American Silver Corp. and the Coneto Gold-Silver Project with Fresnillo PLC.

Work Program initiated for a Resource Estimation Study on the Coneto Silver-Gold Project in Durango, Mexico

Retrieved on: 
Thursday, May 20, 2021

This estimation will be compliant with the requirements of Canadian National Instrument 43-101 reporting standards, including the filing of a Technical Report.\nThe services of SRK Consulting (Canada) Inc. have been contracted to conduct the Resource Estimation study.

Key Points: 
  • This estimation will be compliant with the requirements of Canadian National Instrument 43-101 reporting standards, including the filing of a Technical Report.\nThe services of SRK Consulting (Canada) Inc. have been contracted to conduct the Resource Estimation study.
  • We are very encouraged by this event and look forward to advancing the project.
  • "\nConeto is situated around the town of Coneto de Comonfort, Durango, in the heart of the "Mexican Silver Trend".
  • Orex has several current projects: Two projects are located in Durango State, Mexico, the Sandra Silver-Gold Project with Pan American Silver Corp. and the Coneto Silver-Gold Project with Fresnillo PLC.

Orex and Pan American Silver Corp. Agree to Form Joint Venture for the Sandra Project

Retrieved on: 
Thursday, March 26, 2020

Orex and Pan American will own a 40% and 60% interest, respectively, in a new joint venture company that will be formed for the Project.

Key Points: 
  • Orex and Pan American will own a 40% and 60% interest, respectively, in a new joint venture company that will be formed for the Project.
  • Orex intends to finalize an initial program and budget with Pan American and commence work on the Project as soon as possible.
  • Orex's President, Gary Cope said "We are very pleased that we have finalized this new joint venture arrangement, which allows Orex and Pan American to continue the advancement of the Sandra-Escobar project, previously initiated in our joint venture with Canasil Resources Inc.".
  • Orex has several current projects: the Coneto Gold-Silver Project in Durango, Mexico, a joint venture with Fresnillo PLC, the Jumping Josephine Gold-Silver Project in British Columbia, Canada, and the joint venture with Pan American with respect to the Project.