Orex Minerals Inc. (TSXV:REX) announced that it’s begun a Phase II drill program at its Mexico-based Sandra Escobar project. It also released results from four more holes from the Phase I drill program at the project.

As quoted in the press release:

Highlight for this batch of holes is SA-16-009, which yielded 32 metres core length (30 m true thickness) grading 255 g/t silver, starting 10 metres vertically below surface. Within this is a sub-interval of 9 metres (8.44 m true thickness) grading 673 g/t silver.

Holes SA-16-007 and 008, located about 100 metres east of SA-16-009, encountered a northwesterly fault offset of the mineralized unit, thus the holes clipped the edge of the block. Additional holes are planned further to the east of this fault where the mineralized unit is exposed at surface.

Hole SA-16-010 is on the same section as SA-16-009 (local grid 4930 E), but drilled in the opposite direction to the south. It confirms the mineralized horizon unit is present, however, in hole 010 the unit is a little less permeable. Variations in permeability in the volcaniclastic host rock are to be expected. Hole SA-16-010 yielded an intercept of 29.50 metres (25 m true thickness) grading 59 g/t silver. Within this is a sub-interval of 7 metres (5.93 m true thickness) grading 104 g/t silver.

Gary Cope, president of Orex, commented:

Our understanding of the high-grade silver mineralization at Sandra Escobar continues to grow. Still to come are the results for 7 more holes from the Phase-I drilling program, as well as the new drill holes from Phase-II.

Click here to read the full Orex Minerals Inc. (TSXV:REX) press release.


Get Our Expert Guide to Silver Investing FREE!


Download this FREE Special Report, When Will Silver Go Up: Is the Highest Price of Silver Still to Come?


The post Orex Reports 255 g/t Silver over 32 Meters at Sandra Escobar appeared first on Investing News Network.