Vancouver, BC – Orex Minerals Inc. – (TSX-V: REX) (“Orex”), is pleased to announce that the Phase-I diamond drilling program has been completed and Phase-II is well underway on the Sandra Escobar Project in Durango, Mexico. Assays for the remaining seven drill holes from the Phase-I program are now available. Drill results include holes SA-16-011 to SA-16-017 in the southeastern region of the project. In addition, select samples were submitted for laboratory testing and this early stage work has identified “native silver” as the main disseminated silver bearing mineral. Analytical work is ongoing. The Sandra Escobar Project is being advanced by Orex under an option agreement with Canasil Resources Inc. – (TSX.V: CLZ) (“Canasil”).
Highlighting this batch of holes is SA-16-015, which yielded 44 metres core length (36 m true thickness) grading 129 g/t silver, starting 26 metres vertically below surface. Within this is a sub-interval of 5 metres (4.1 m true thickness) grading 252 g/t silver.