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Orex Announces Joint Venture Property Sandra Escobar is Subject of Lawsuit
Orex Announces Joint Venture Property Sandra Escobar is Subject of Lawsuit Canada ...
About this update from Orex Minerals Inc.
[{"type":"text","content":"\n\n\n\nOrex Announces Joint Venture Property Sandra Escobar is Subject of Lawsuit\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\n\nCanada NewsWire\nVANCOUVER, Sept. 14, 2017\n\n\n\nVANCOUVER, Sept. 14, 2017 /CNW/ - Orex Minerals Inc. -- (TSX-V: REX -- OTCQX: ORMNF) (\"Orex\") was made aware earlier today that Canasil Resources Inc. (TSX.V: CLZ or \"Canasil\") has been named in a lawsuit brought by Pan American Silver Corp. (\"Pan American\") with the BC Supreme Court regarding the mineral claims making up the Sandra Escobar Project (the \"Project\") in Durango state, Mexico.   \n\nAs announced on January 16, 2017, Orex earned a 55% ownership interest in the Project by paying Canasil CAD $500,000 and spending more than USD $2,000,000 in exploration and development at the Project pursuant to an option agreement with Canasil dated September 15, 2015. \n\nWhile Pan American's claim, if proved, could impact Orex's interest in the Project, Orex is not currently in a position to comment on the merits of Pan American's claim. Orex will be monitoring the situation and seeking further information from Canasil.\n\nABOUT OREX MINERALS INC.\n\nOrex is a Canadian-based junior exploration company comprised of highly qualified mining professionals. Orex has several current projects: the Coneto Silver-Gold Project in Durango, Mexico, as a joint venture with Fresnillo PLC; the Sandra Escobar Silver Project, also in Durango, Mexico, as a joint venture with Canasil Resources Inc., and the Jumping Josephine Gold Project in British Columbia, Canada. \n\nON BEHALF OF THE BOARD OF DIRECTORSGary Cope President\n\nNeither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.\nSOURCE Orex Minerals Inc.\n\n\n\nView original content: http://www.newswire.ca/en/releases/archive/September2017/14/c1542.html\n\n\n\n\nplease contact Orex Minerals Inc. at (604) 687-8566 x228, email [email protected] or visit our website at www.orexminerals.comCo...