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Oremex Silver Inc. Files Updated Resource Estimate for its Tejamen Silver Project in Durango Mexico
(via Thenewswire.ca) T oronto, February 2, 2016 / TheNewswire / Oremex Silver Inc. (TSX...
About this update from Monarca Minerals Inc.
[{"type":"text","content":"Oremex Silver Inc. Files Updated Resource Estimate for its Tejamen Silver Project in Durango Mexico(via Thenewswire.ca)\n\n \nToronto, February 2, 2016 / TheNewswire / Oremex Silver Inc. (TSXV:OAG) (\"Oremex\" or the \"Company\") announced today that it has filed an updated National Instrument 43-101 technical report in respect of its Tejamen silver project in Durango, Mexico (the \"Report\"). The report was prepared by Gustavson Associates, LLC of Lakewood, Colorado (\"Gustavson\") and provides and updated resources estimate (as of December 10, 2015) for the project. The Report provides an estimated inferred resource of 19.8 million tonnes containing 28.7 million ounces of silver at 45.0 g/t and 15,700 ounces of gold at 0.025 g/t. The Report will be filed under the Company's profile on SEDAR at www.SEDAR.com.\n\n\n \nThe Report supersedes the \"Technical Report - Tejamen Silver Property Durango State, Mexico Preliminary Mining Assessment\", dated October 3, 2006 (the \"Snowden Report\") prepared by Snowden Mining Industry Consultants Inc. The preliminary economic assessment contained in the Snowden Report is no longer current and should not be relied on. \n\n\n \nSummary of Tejamen Resource Estimate (effective December 10, 2015)\n\n \n\nInferred Mineral Resources\n\n\n \n\n\nCutoff g/t Ag\n\n\n\n\nTONNES\n\n\n\n\nAg g/t\n\n\n\n\nAg Cont Oz\n\n\n\n\nAu g/t\n\n\n\n\nAu Cont Oz\n\n\n\n\nLos Mantos\n\n\n\n\n20\n\n\n\n\n9,192,000\n\n\n\n\n56.0\n\n\n\n\n16,540,000\n\n\n\n\n0.034\n\n\n\n\n9,900\n\n\n \n\n\n15\n\n\n\n\n11,093,000\n\n\n\n\n49.4\n\n\n\n\n17,610,000\n\n\n\n\n0.031\n\n\n\n\n11,200\n\n\n \n\n\n10\n\n\n\n\n12,879,000\n\n\n\n\n44.3\n\n\n\n\n18,330,000\n\n\n\n\n0.029\n\n\n\n\n12,200\n\n\n \n \n \n \n \n \n \n\n\nCerro Prieto \n\n\n\n\n20\n\n\n\n\n6,790,000\n\n\n\n\n45.7\n\n\n\n\n9,970,000\n\n\n\n\n0.016\n\n\n\n\n3,500\n\n\n \n\n\n15\n\n\n\n\n7,760,000\n\n\n\n\n42.2\n\n\n\n\n10,520,000\n\n\n\n\n0.016\n\n\n\n\n4,000\n\n\n \n\n\n10\n\n\n\n\n8,590,000\n\n\n\n\n39.3\n\n\n\n\n10,860,000\n\n\n\n\n0.016\n\n\n\n\n4,300\n\n\n \n \n \n \n \n \n \n\n\nTotal\n\n\n\n\n20\n\n\n\n\n16,663,000\n\n\n\n\n50.2\n\n\n\n\n26,923,000\n\n\n\n\n0.026\n\n\n\n\n13,900\n\n\n \n\n\n15\n\n\n\n\n19,838,000\n\n\n\n\n45.0\n\n\n\n\n28,706,000\n\n\n\n\n0.025\n\n\n\n\n15,700\n\n\n \n\n\n10\n\n\n\n\n22,847,000\n\n\n\n\n40.7\n\n\n\n\n29,928,000\n\n\n\n\n0.023\n\n\n...