Coneto Silver-Gold Project
Coneto de Comonfort, Durango, Mexico
Historic silver-gold mining camp with over 400 years of production, located in the Mesa Central on the eastern flank of the Sierra Madre Occidental.
Coneto Project Overview
Our Coneto Silver-Gold Project is located in the Mesa Central, on the eastern flank of the Sierra Madre Occidental Mountains. It is situated in the region around the village of Coneto de Comonfort, 100 km north of Durango City, in Durango, Mexico.
Coneto de Comonfort is a historic mining town and has a municipal population of approximately 4,000 people, which provides a strong local source of labour and services.
Local infrastructure is excellent:
- On the national electric power grid
- Paved road leads to the center of the project
- Many additional gravel access roads
- 35 km east – nearest major highway
- Orex holds 45% ownership of 4,995 hectares of mineral concessions
- Operated under an Association Agreement with Fresnillo Plc
Historic Mining District
Coneto sits within a 400+ year silver-gold mining camp on the eastern flank of the Sierra Madre Occidental.
Joint Venture with Fresnillo
Association agreement with Fresnillo PLC covering ~4,995 ha of concessions with pooled exploration data.
High-Priority Vein Systems
Multiple epithermal quartz-vein structures across Central, South-East, Western and Northern sub-districts.
Excellent Infrastructure
Road access, grid power and proximity to established Mexican silver camps reduce project risk.
Coneto Mining District
The historic Coneto Mining District is situated in the heart of the "Mexican Silver Trend" which stretches from Guanajuato in the southeast, through to the states of Zacatecas and Durango.
The trend hosts some of the world's largest silver deposits, including:
- Fresnillo – largest primary Ag-Au mine in the world & past billion oz Ag producer.
- Guanajuato – past billion ounces Ag producer with 3 currently producing mines.
- La Colorada – current producing mine of Pan American Silver.
- La Pitarrilla – major development project of SSM Mining (formerly Silver Standard).
- La Preciosa – major development project of Coeur Mining Inc. (previously Orko Silver Corp.).
- Real de Angeles – past Ag-Zn-Pb producer in Zacatecas State.
- Zacatecas – past 750 million ounce Ag producer, with Capstone's Cozamin mine in production.
Association Agreement with Fresnillo PLC
The Coneto Silver-Gold Project is being advanced under an Association Agreement between Orex Minerals Inc. and Fresnillo PLC. This structure allows for collaborative exploration, shared technical expertise and coordinated development planning over the Coneto land package.
- Ownership: 45% Orex Minerals • 55% Fresnillo PLC
- Land Package: 4,995 hectares of mineral concessions at Coneto
- Agreement Type: Association, with joint technical oversight
- Collaboration: Shared historic work, datasets and ongoing exploration results
- Exploration Benefits: Access to region-leading experience and infrastructure