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Orex Minerals Inc ( REX )

Orex Intercepts 60 Metres Grading 205 g/t Silver on the Sandra Escobar Project in Durango, Mexico

VANCOUVER, May 9, 2016  - Orex Minerals Inc. – (TSX-V: REX) ("Orex"), is pleased to announce that the Phase-II diamond drilling program continues to intercept silver mineralization on the Sandra Escobar Project in Durango, Mexico. Assays for five more drill holes are now available. These include holes SA-16-018 to SA-16-022 in the southeastern region of the project. The Sandra Escobar Project is being advanced by Orex under an option agreement with Canasil Resources Inc. – (TSX.V: CLZ) ("Canasil").
Highlight for this batch of holes is SA-16-019, which yielded 60 metres core length (49.2 m true thickness) grading 205 g/t silver, starting 16 metres vertically below surface. Within this is a sub-interval of 15 metres (12.3 m true thickness) grading 375 g/t silver.
Orex's President, Gary Cope says, "Drilling at Sandra Escobar continues to yield thick intercepts of disseminated silver mineralization. Discussions with consulting firms have started for metallurgical testing and resource estimation studies."
 

Sandra Escobar Project – 2015-2016 Diamond Drilling Program – Holes 18 to 22

Hole

From (m)

To (m)

Core Length (m)

True Thick. (m)

Ag (g/t) FA

           

SA-16-018 a

50.00

89.00

39.00

31.95

119

  Includes

60.00

85.00

25.00

20.48

146

  Includes

61.00

64.00

3.00

2.46

224

  Includes

61.00

62.00

1.00

0.82

285

SA-16-018 b

120.50

137.00

16.50

13.52

46

  Includes

131.00

137.00

6.00

4.91

72

           

SA-16-019

24.00

84.00

60.00

49.15

205

  Includes

42.70

74.00

31.30

25.64

284

  Includes

59.00

74.00

15.00

12.29

375

  Includes

60.00

61.00

1.00

0.82

1,550

           

SA-16-020

46.00

113.00

67.00

63.50

88

  Includes

46.00

77.00

31.00

29.38

114

  Includes

50.00

68.00

18.00

17.06

139

  Includes

53.00

55.00

2.00

1.90

228

           

SA-16-021

44.50

75.00

30.50

28.50

110

  Includes

49.00

74.00

25.00

23.36

116

  Includes

49.00

62.00

13.00

12.14

132

  Includes

52.00

53.00

1.00

0.93

184

           

SA-16-022

69.00

94.00

25.00

24.00

70

  Includes

71.00

85.00

14.00

13.44

86

  Includes

76.00

79.00

3.00

2.88

142

  Includes

76.00

77.00

1.00

0.96

189

           
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