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Orex Minerals Inc.
Summary
| Project: | Sandra Escobar | |
|---|---|---|
| Deposit: | Boleras | |
| Location: | Mexico | |
| Commodities: | Silver | |
| Date: | 10/31/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 31-10-2016: Orex Minerals Inc. announces a Resource Estimation report for its Boleras deposit at the Sandra Escobar project. Initial mineral resource estimate for the Sandra Escobar project. At the request of Ben Whiting, Vice President – Exploration for | |
| Resources: | (Maiden resource, Inf): 9.8Mt @ 106g/t Ag for 33.3Moz Ag contained | |
| CP/QP: | [Resources]: Andrew Fowler (Mining Plus Consulting Pty Ltd.) | |
| ABSTRACT: | At the request of Ben Whiting, Vice President – Exploration for Orex Minerals Inc. (Orex) Mining Plus (MP) has prepared a National Instrument 43-101 compliant technical report on the Sandra Escobar project in Durango State, Mexico. The purpose of the report is to determine and document the estimated grade and tonnage of the metal mineralization at the Sandra Escobar project, Durango, Mexico within the Boleras zone. Mr. John Michael William Collins, P.Geo. visited the Sandra Escobar project on May 13, 2016 in the company of Ben Whiting, Dale Brittliffe and Rob van Egmond and others of Orex Minerals. He had access to all areas on the property. Multiple aspects of the project were reviewed for completeness, meeting industry standards and relevance to the Boleras deposit mineral resource estimate process. The Sandra Escobar project is located in Durango State, Mexico. It is located about 40 kilometres north of Santa Catarina de Tepehuanes, near the town of Cienega de Escobar. The total area of the concessions in the Sandra property is 6,333 hectares. The coordinates of 25° 37” north and 105° 40’ west, using Datum WGS84 is located near the drilling completed recently in the Boleras area. The Sandra Escobar project consists of two adjoining projects; the Sandra project which is 100% owned by Canasil was located by paper application with the Mexican government, the Escobar project is 40% owned by Canasil. The Canasil ownership rights are maintained through its Mexican subsidiary Minera Canasil SA de CV. Orex operates in Mexico under its local subsidiary OVI Exploration de Mexico SA de CV. | |
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