Orex Minerals: 5,000 Metres Diamond Drilling Program will be Conducted on the Coneto Gold-Silver Project in Durango, Mexico

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VANCOUVER, June 20, 2016 /CNW/ – Orex Minerals Inc. – (TSX-V: REX) (“Orex“), is pleased to announce that project partner Fresnillo PLC (LSE: FRES) (“Fresnillo”), will be conducting a Phase-V diamond drilling program of approximately 5,000 metres in 11 holes on the Coneto Gold-Silver Project in Durango, Mexico.

The Coneto Project is a joint venture, with ownership of 55:45 % between Fresnillo and Orex. The mineral concessions of both parties in the Coneto Mining District have recently been combined (subject to final registration before the Public Registry of Mexico, which is expected to be obtained in the next few weeks) into a company named “Exploraciones y Desarrollos Mineros Coneto S.A.P.I.” in order to advance the project. A Technical Committee, with membership from both companies, guides the exploration programs.

 

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