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Diamond Drilling Commences on the Coneto Gold-Silver Project in Durango, Mexico
Diamond Drilling Commences on the Coneto Gold-Silver Project in Durango, Mexico Di...
About this update from Orex Minerals Inc.
[{"type":"text","content":"\n\n\n\nDiamond Drilling Commences on the Coneto Gold-Silver Project in Durango, Mexico\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nDiamond Drilling Commences on the Coneto Gold-Silver Project in Durango, Mexico\nCanada NewsWire\nVANCOUVER, Nov. 8, 2016\n\n\n\nVANCOUVER, Nov. 8, 2016 /CNW/ - Orex Minerals Inc. – (TSX-V: REX – OTCQX: ORMNF) (\"Orex\"), is pleased to announce that project partner Fresnillo PLC (LSE: FRES – BMV: FRES) (\"Fresnillo\"), has commenced a Phase-V diamond drilling program of approximately 5,000 metres in 11 holes on the Coneto Gold-Silver Project in Durango, Mexico. \n\nThe Coneto Project is a joint venture, with ownership of 55/45% between Fresnillo and Orex. The mineral concessions of both parties in the Coneto Mining District have recently been combined into a company named \"Exploraciones y Desarrollos Mineros Coneto S.A.P.I. de C.V.\", in order to advance the project. A Technical Committee, with membership from both companies, guides the exploration programs.\n\nThe main objective of the new program will be to extend the diamond drilling coverage adjacent to gold-silver intercepts in the Zona Norte (La Bufa, Santo Niño and Reliz veins), Zona Oeste (Loma Verde vein), Zona Centro (Descubridora vein) and Zona Sur (Durazno, Impulsora, and Promontorio veins).  \n\nOrex's President, Gary Cope says, \"With two diamond drill rigs being mobilized onto the Coneto Project, we look forward to continuing exploration and advancement with our colleagues at Fresnillo.\"\n\nKluane Drilling Ltd. provides the drilling services utilizing environmentally low-impact KD-1000 man-portable diamond drill rigs.\n\nConeto Mining District – Durango, Mexico\n\nThe historic Coneto Mining District is situated in the heart of the \"Mexican Silver Trend\", on the Mesa Central, stretching from Guanajuato in the southeast, through to the states of Zacatecas and Durango. This prolific trend hosts some of the world's largest silver camps and deposits, including Fresnillo, Guanajuato, La Pitarrilla, La Preciosa, Real de Angeles and  ...