Orex, Canasil and Pan American Sign Letter of Intent to Advance the Exploration in the Sandra Escobar Mining Camp, Durango State, Mexico

2017-12-19-nr-rex-rhkr8x

Vancouver, BC – Orex Minerals Inc. – (TSX.V: REX – OTCQX: ORMNF) (“Orex”), is pleased to announce that they have signed a non-binding letter of intent (“LOI”) with Canasil Resources Inc. – (TSX.V: CLZ) (“Canasil”) and Pan American Silver Corp. – (TSX: PAAS – NASDAQ: PAAS) through its subsidiary Plata Panamericana SA de CV (“Pan American”) to advance exploration in the Sandra Escobar Mining Camp, northern Durango State, Mexico.

Gary Cope, President of Orex states, “We are very pleased to bring in a respected and major mining company, as their involvement validates Sandra Escobar and there is still potential for significant upside at the project. We look forward to working closely with both our partners and unlocking future value for our shareholders.”

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s