TSX-V: REX
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OTCQB: ORMNF
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Project Summary

Mexico Projects

Orex has a strong portfolio of assets in Mexico and Canada which are operated either independently, or with major joint venture partners.

The Sandra Silver-Gold Project (a joint venture with Pan American Silver) is located 40 km north of the town of Tepehuanes and 180 km north of the city of Durango, in the heart of the "Mexican Silver Trend." This prolific trend hosts some of the world's largest silver camps and deposits, including Fresnillo, Guanajuato, La Pitarrilla, La Preciosa, Real de Angeles, and Zacatecas.

The Coneto Silver-Gold Project (a joint venture with Fresnillo) is adjacent to the village of Coneto de Comonfort, centrally positioned within the "Mexican Silver Trend", approx. 100 km north of the city of Durango, Mexico.

Our Jumping Josephine Gold Project is located 30 km west of Castlegar and 30 km north of the mining district of Rossland, in the West Kootenay region of British Columbia, Canada. Structurally controlled quartz stockwork veining is hosted within altered quartz-monzonite.

MINERAL RESOURCES SUMMARY

Project

Tonnes (1000s)

Ag (g/t)

Au (g/t)

Ag (oz) (1000s)

Au (oz) (1000s)

Ag-Eq (oz) (1000)

%-Orex

Orex Ag-Eq (oz) (1000s)

 

 

 

 

 

 

 

 

 

Indicated Resources:

Jumping-J

363

0

2.95

0

34

2,582

100

2,582

 

 

 

 

 

 

 

 

 

Total Indicated Resources:

0

34

2,582

100

2,582

 

Inferred Resources:

Jumping-J

448

0

2.08

0

30

2,247

100

2,247

Sandra

9,800

106

0.00

33,300

0

33,300

40

13,320

Coneto

5,325

112

1.67

19,111

286

40,561

45

18,252

 

Total Inferred Resources:

52,411

316

76,108

 

33,819


Silver-equivalent is estimated using a 75:1 gold to silver ratio. For individual projects, please refer to the respective NI 43-101 Technical Reports:
Sandra Project - re: Collins et al, 2016 - Mining Plus Canada Consulting Ltd.
Coneto Project - re: Machuca et al, 2021 - SRK Consulting (Canada) Inc.
Jumping Josephine Project - re: Turner et al, 2011 - Apex Geoscience Ltd.

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