Welcome to our dedicated page for Orex Minerals news (Ticker: ORMNF), a resource for investors and traders seeking the latest updates and insights on Orex Minerals stock.
Orex Minerals Inc. (ORMNF) is a mineral exploration specialist actively advancing precious metal projects across North America. This page provides investors with essential updates on corporate developments including recent share structure changes and strategic acquisitions like the Valenciana Gold-Silver Project in Mexico.
Discover timely announcements about exploration progress, partnership agreements, and financial decisions impacting Orex's growth trajectory. The company's portfolio, managed by industry veterans at Belcarra Group, includes high-potential assets like the Sandra Silver-Gold Project in Durango and British Columbia's Jumping Josephine Gold Project.
Bookmark this resource for verified updates on resource estimates, drilling results, and operational milestones. Check regularly for new developments as Orex expands its position in competitive mineral markets.
Orex Minerals Inc. (OTCQB: ORMNF) completed its Phase-I reconnaissance drilling program at the Sandra Silver-Gold Project in Durango, Mexico. The program included 2,665.30 meters of drilling in eight holes, targeting mineralization in the Central and Eastern Corridors. Significant results from Hole SA-22-072 recorded 18.0 m grading 14.7 g/t Ag, while Hole SA-22-073 yielded 17.0 m grading 39.0 g/t Ag. The exploration reveals an expanding silver-bearing host rock, indicating a large mineralized system. Future drilling targets are identified within the project area.
Orex Minerals Inc. announced the resumption of diamond drilling at the Sandra Silver-Gold Project in Durango, Mexico. This joint venture with Pan American Silver Corp. will involve 2,500 to 3,000 meters of drilling. The project has previously identified significant targets, including the Boleras Silver Deposit, which contains an inferred resource of 9.8 million tonnes grading 106 g/t Ag. The drilling will be conducted by Globexplore, a company known for its low environmental impact. Orex emphasizes community engagement and adheres to strict safety protocols during operations.