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Oremex Release Results from Diamond Drill Program at Tejamen Silver Property
Oremex Release Results from Diamond Drill Program at Tejamen Silver Property.
About this update from Monarca Minerals Inc.
[{"type":"text","content":"\n\n\n\nVANCOUVER, Aug. 2 /CNW/ - Oremex Resources Inc. (TSX-V: ORM) (the\n"Company") announces that it has received final results of a ten-hole drill\nprogram completed at its Tejamen Silver Property ("Tejamen") in 2006. Receipt\nof assay results for these holes was delayed due to administrative\ndifficulties in Mexico. The holes were drilled to twin some of the reverse\ncirculation drill holes, provide samples for rock strength testing on the\nperiphery of the proposed pits, and to provide samples for metallurgical\ntesting in the two mineralized zones. Diamond drill ("DD") holes DD-1 to DD-4\ntested the Cerro Prieto zone, diamond drill holes DD-5 and DD-6 tested\nmineralization within the Los Mantos zone while holes DD-7 to DD-10 were\nprimarily drilled to provide samples for rock mechanics testing.\n\n\nHole DD-1 was sited between reverse circulation ("RC") holes RC-1 and \nRC-2, and showed good correlation with mineralized intercepts in both holes as\nfollows:\n\n\n-------------------------------------------------------------------------\n Ag\n Drill Interval Metres Ag (grams (ounces\n Hole (metres) (feet) per tonne) per ton)\n-------------------------------------------------------------------------\n DD-1 18-84 66 (216.5) 59.5 1.74\n-------------------------------------------------------------------------\n Incl. 38-50 12 (39.1) 127.5 3.72\n-------------------------------------------------------------------------\n RC-1 16-82 66 (216.5) 78.5 2.30\n-------------------------------------------------------------------------\n Incl. 24-36 12 (39.4) 113.0 3.31\n-------------------------------------------------------------------------\n RC-2 16-108 92 (301.8) 39.1 1.15\n-------------------------------------------------------------------------\n Incl. 26-54 28 (91.8) 50.0 1.46\n-------------------------------------------------------------------------\n Incl. 88-116 28 (91.8) 54.1 1.58\n-------------------------------------------------------------------------\n\nHole DD-2 twinned Hole RC-7 and also showed good correlation with respect \n to grades and thicknesses as follows:\n-------------------------------------------------------------------------\n Ag\n Drill Interval Metres Ag (grams (ounces\n Hole (metres) (feet) per tonne) per ton)\n-------------------------------------------------------...