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Orex Reports Balance of Drilling Results from 2014 Fieldwork on the Jumping Josephine Gold-Silver Project
VANCOUVER , Dec. 19th, 2014 /CNW/ - Orex Minerals Inc. - ( TSX-V: REX ) (" Orex "), has...
About this update from Orex Minerals Inc.
[{"type":"text","content":"\n\nVANCOUVER, Dec. 19th, 2014 /CNW/ - Orex Minerals Inc. - (TSX-V: REX) (\"Orex\"), has received complete results from 2014 diamond drilling on its 100% owned Jumping Josephine property, in southern British Columbia.  As previously announced on November 14th 2014, Orex recently completed 8,115m in near-resource step-out and project-wide reconnaissance drilling, part of a comprehensive exploration program.  Prospecting, geological mapping, and trenching were also completed during the year.  \n\nOrex's President, Gary Cope says, \"This year's exploration program at JJ tested extensions of the known resource and evaluated additional mineralized structures across the property. The mineralized interval encountered at BZT showing is very encouraging.\"\n\nThe 2014 season saw 25 HQ and NQ diameter drill holes completed in a campaign targeting prospective areas across the Jumping Josephine property. The program was divided into two phases. Nine holes targeted extensions beneath the existing NI43-101 compliant gold resource at Jumping Josephine (JJ Main area - 9 holes for 3,903m). The second phase comprised 16 reconnaissance holes and tested five additional prospect areas (16 holes for 4,212m). \n\nReconnaissance drill results were anomalous in gold with best results returned by a quartz stockwork zone intersected by hole 14JD156 in the BZT prospect area. The hole returned 1m of 1.69g/t gold from 300m, 1m of 12.90g/t gold from 306m and 1m of 2.25g/t gold from 311.50m depth downhole. True widths are estimated at 82% of quoted down-hole length. A prospect location map and table summarizing the 2014 results are posted on the company's website. Orex previously reported the near-resource drilling as returning no significant results. (November 14th news release).  \n\nJumping Josephine Gold-Silver Project, British Columbia, Canada\n\nThe Jumping Josephine Project totals approximately 11,667 hectares and is located in Southern British Columbia, 20 km west of Castlegar and 25 km north of the historic Rossland Gold Camp. The project, originally assembled in 2004 by Kootenay Silver Inc. (\"Kootenay\"), was optioned to Astral Mining Corp. (\"Astral\") in 2005. In 2013, Astral merged with Orex (news release February 3rd 2013) and in 2014 the remaining interest in Jumping Josephine was acquired from Kootenay by Orex (news release...