OREX AND PAN AMERICAN SILVER CORP. FORM A JOINT VENTURE FOR THE SANDRA-ESCOBAR PROJECT

210302-Orex-Announces-Sandra-Escobar-JV

March 2, 2021 – Vancouver, BC – Orex Minerals Inc. (TSX-V: REX – OTCQB: ORMNF) (“Orex”) is pleased to announce that it has entered into a joint venture agreement (the “Joint Venture”) with Pan American Silver Corp. (TSX: PAAS – NASDAQ: PAAS), through its subsidiary Plata Panamericana S.A. de C.V. (“Pan American”), to further explore and develop the Sandra-Escobar Project, in Durango State, Mexico (the
“Project”). The intention of the parties to form the Joint Venture was previously announced by Orex on March 26, 2020.

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