Orex Minerals Inc. · TSXV:REX
Orex Minerals — Investor Presentation (May 2024)
32 slides from Orex Minerals's investor presentation, May 2024
Slide 1: Orex Minerals Inc. - A Time of Opportunities in Mexico
Orex Minerals Inc. A Time of Opportunities in Mexico Exploring for Gold and Silver May 2024
Slide 2: Forward Looking Statements
Forward Looking Statements A Member of Belcarra Management Group Ltd. CAUTIONARY NOTE TO US INVESTORS The United States Securities and Exchange Commission ("SEC") permits US Mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and l
Slide 3: It Takes a Team
It Takes a Team A Member of Belcarra Management Group Ltd. Belcarra Management Group Ltd. Orex’s management team, a part of the Belcarra Group, has the proven technical skills to discover & develop quality exploration projects that maximize shareholder value---the same team is recognized for the dis
Slide 4: Share Structure and Shareholders
Share Structure and Shareholders A Member of Belcarra Management Group Ltd. Ownership Orex Minerals Inc. Notable and Major Shareholders TSX.V: REX Institutional 65% Listing Share Price $0.21 Ingalls and Snyder Brokerage Accounts US Global Investors Research Coverage Sprott Fresnillo Mining 3% Analys
Slide 5: Project Portfolio
Project Portfolio A Member of Belcarra Management Group Ltd. MEXICO – VALENCIANA PROJECT Silver – Gold – Base Metals ….. 100% Orex MEXICO – CONETO PROJECT Gold – Silver ….. JV with Fresnillo PLC CANADA – JUMPING JOSEPHINE PROJECT Gold – Copper ….. 100% Orex Sulphide Mineralization at the Valenciana
Slide 6: Durango Project
Durango Project A Member of Belcarra Management Group Ltd. Well Established History in the Silver Trend of Mexico Located in the heart of the “Mexican Silver Trend” which hosts some of world's largest silver deposits: • Fresnillo • Guanajuato • La Pitarrilla • La Preciosa • Real de Angeles • Zacatec
Slide 7: Valenciana Silver-Gold-Base Metals Project
Valenciana Silver-Gold Project A Member of Belcarra Management Group Ltd. Valenciana Silver-Gold-Base Metals Project Zacatecas, Mexico
Slide 8: Valenciana Silver-Gold Project
Valenciana Silver-Gold Project A Member of Belcarra Management Group Ltd. Valenciana District, Zacatecas State, Mexico • Located north of the village of Valenciana in northern Zacatecas State, 30 kms north of the Nieves Mining District • Situated in the Mesa Central in the heart of the “Mexican Silv
Slide 9: Valenciana Silver-Gold Project
Valenciana Silver-Gold Project A Member of Belcarra Management Group Ltd. Valenciana District, Zacatecas State, Mexico • High-grade Ag-Au-(Pb-Zn) epithermal vein system hosted in Cretaceous sediments and Tertiary rhyolite and monzonite intrusive rocks • Extensive hydrothermal alteration zone • 10 di
Slide 10: Valenciana Historical Work
Valenciana Silver-Gold Project A Member of Belcarra Management Group Ltd. Valenciana District, Zacatecas State, Mexico Historical Work • 277 hectares of active concessions located in the Valenciana District in Zacatecas, Mexico cover 2.7 km of the Valenciana vein system • Work obligations paid for m
Slide 11: Valenciana Historical Work
Valenciana Silver-Gold Project A Member of Belcarra Management Group Ltd. Valenciana District, Zacatecas State, Mexico Historical Work • The stand-alone central target area is well covered by land position • Additional attractive targets identified on surrounding concessions – potential to consolida
Slide 12: Valenciana Silver-Gold Project History
Valenciana Silver-Gold Project A Member of Belcarra Management Group Ltd. Project History • 1996 -2003: La Cuesta International, Inc. (LCI) visits property, 71 rock-chip samples • 1996 : 10 diamond core holes completed by Pan American Silver • 2002: At the recommendation of LCI, Silver Standard (now
Slide 13: Silver Geochemistry
Valenciana Silver-Gold Project A Member of Belcarra Management Group Ltd. Silver Geochemistry • 334 Rock Chip Samples but sampling is limited due to extensive post-mineral cover • High assay of 1,160 ppm Ag • Silver concentrated along the main W- NW vein trend and around the Providencia prospect are
Slide 14: Gold Geochemistry
Valenciana Silver-Gold Project A Member of Belcarra Management Group Ltd. Gold Geochemistry • 334 Rock Chip Samples • High assay of 17.5 ppm Au • Gold anomalies distributed similar to Ag, but Au:Agratio increases to the west • 25 Samples > 1.0 ppm Au
Slide 15: Drilling
Valenciana Silver-Gold Project A Member of Belcarra Management Group Ltd. Drilling • Data for 21 drill holes (Diamond and R.C.) • Deepest drill hole (V002) penetrated just over 300m • Bottomed in 2.19 m of 2.5 ppm Au, 1,115 ppm Ag, and 1.9% Pb+Zn • Average drill hole depth 150 m • Multiple high-grad
Slide 16: Valenciana Select Drill Intercepts
Valenciana Silver-Gold Project A Member of Belcarra Management Group Ltd. Select Drill Intercepts Hole From To Core Au Ag Ag-Eq Pb Zn (m) (m) Length (g/t) (g/t) (g/t) (%) (%) V-002 282.99 284.90 1.91 1.37 322 438 0.56 1.45 V-002 297.43 299.62 2.19 2.50 1,115 1,328 0.50 1.40 V-003 262.10 263.06 0.96
Slide 17: Coneto Gold-Silver Project
Coneto Gold-Silver Project A Member of Belcarra Management Group Ltd. Coneto Gold-Silver Project Durango, Mexico
Slide 18: The Coneto Mining Camp
Coneto Gold-Silver Project A Member of Belcarra Management Group Ltd. The Coneto Mining Camp A Window into the Lower Volcanic Series Marcasite mineralization, Durazno quartz vein, Coneto property.
Slide 19: Coneto de Comonfort, Durango State, Mexico
Coneto Gold-Silver Project A Member of Belcarra Management Group Ltd. Coneto de Comonfort, Durango State, Mexico • Located 100 km N of Durango, Mexico, in the prolific Mesa Central. • JV Partner is Fresnillo Mining PLC. • 45% ownership of ~4,800 hectares (11,860 acres) of mineral concessions. • Cone
Slide 20: Coneto Select Drill Intercepts
Coneto Gold-Silver Project A Member of Belcarra Management Group Ltd. Select Drill Intercepts Core True Hole Vein Length Width Au Ag-Eq From (m) To (m) Ag (g/t) (m) (m) (g/t) (g/t) CC-10-12 Impulsora 109.40 123.90 14.50 13.65 0.94 48 105 Incl. 116.00 120.90 4.90 4.60 1.60 115 211 CC-10-20 Loma Verde
Slide 21: Excellent Metallurgical Recovery - Five Zones
Coneto Gold-Silver Project A Member of Belcarra Management Group Ltd. Excellent Metallurgical Recovery - Five Zones Average over 93% for Gold, Highest at 98.5%
Slide 22: Coneto Diamond Drill Core
Coneto Diamond Drill Core A Member of Belcarra Management Group Ltd. 106 drill holes for 38,613 metres on 12 targets
Slide 23: Coneto Diamond Drill Core - Oxide Mineralization
Coneto Diamond Drill Core A Member of Belcarra Management Group Ltd. Oxide Mineralization
Slide 24: Coneto Diamond Drill Core - Sulphide Mineralization
Coneto Diamond Drill Core A Member of Belcarra Management Group Ltd. Sulphide Mineralization Hole BCO-11 – Sample # 324423 Au = 38.3 g/t – Ag = 4,990 g/t Cu = 1.39% – Pb = 2.51% – Zn = 3.51%
Slide 25: Coneto Resource Estimate Zones
Coneto Resource Estimate Zones A Member of Belcarra Management Group Ltd.
Slide 26: Coneto Resource Estimate
Coneto Resource Estimate A Member of Belcarra Management Group Ltd. Coneto Project – First Inferred Mineral Resource Estimate Re: Machuca et al., 2021, SRK Consulting (Canada) Inc. Issue Date: October 20, 2021. Effective Date: August 30, 2021. Inferred Mineral Resource Tonnes Au Ag Au-Eq Au Oz Ag Oz
Slide 27: Jumping Josephine Gold Project
Jumping Josephine Gold Project A Member of Belcarra Management Group Ltd. West Kootenay Region, Southwestern BC, Canada • 100% ownership of 11,200 hectares (28,700 acres) in the West Kootenay Region, Southwestern BC, Canada • NI 43-101-compliant resource estimate (cut-off of 0.5 g/t Au) that has def
Slide 28: All Projects Resource Summary
All Projects Resource Summary A Member of Belcarra Management Group Ltd. Mineral Resources by Project Tonnes Ag Oz Au Oz AgEq Oz %- Project Ag (g/t) Au (g/t) Orex Share (1000s) (1000s) (1000s) (1000s) Orex Indicated Resources J-J 363 2.95 34 2,582 100 2,582 Inferred Resources J-J 448 2.08 30 2,247 1
Slide 29: Community Engagement
Community Engagement A Member of Belcarra Management Group Ltd. Community Engagement is a component of the ongoing ESG (Environmental – Social – Governance) efforts, which Orex has been performing for many years.
Slide 30: Orex Current Activities
Orex Current Activities A Member of Belcarra Management Group Ltd. Current Projects & Upcoming Catalysts Valenciana – Newest property acquisition. District land assembly and community engagement initiated. Coneto – SRK recommended a $US 6.4 million program. Hyperspectral imaging alteration studies u
Slide 31: Orex Advantage
Orex Advantage A Member of Belcarra Management Group Ltd. Diversified Opportunity with Blue Sky Potential Three projects in two strong mining jurisdictions, plus NSR holdings. JV partnerships and relationships with multiple major companies Established presence in the Silver Trend of Mexico, and exam
Slide 32: Learn More
Learn More A Member of Belcarra Management Group Ltd. For More Information Contact: Ben Whiting, P.Geo. Alicia Ford President, CEO and Manager of Business Director Development info@orexminerals.com info@orexminerals.com Orex Minerals Inc. (TSXV: REX | OTCQB: ORMNF) www.orexminerals.com info@orexmine