Orko Silver Hits Major Intercept in Martha Vein at La Preciosa
Market Wire, May, 2007
Orko Silver Corp. (TSX VENTURE: OK) is pleased to announce that it has received further assay results from the current diamond drilling program on La Preciosa Project in Durango, Mexico.
Of particular note is a new major width and high grade intercept of the Martha Vein in "Mina La Preciosa" sector and an increase in width in the Abundancia Vein in drill hole BP07-102. The Martha Vein yielded 13.79 metres true width grading 376.5 g/t Ag and 0.320 g/t Au for a silver-equivalent of 395.7 g/t, including 3.07 metres true width grading 1,374.0 g/t Ag and 0.605 g/t Au for a silver-equivalent of 1,410.3 g/t. This vein was not included in the previously released Inferred Resource Estimate (13 March 2007). Abundancia Vein in this hole yielded an impressive 26.80 metres true width grading 152.3 g/t Ag and 0.205 g/t Au for a silver-equivalent of 164.5 g/t.
Gary Cope, President of Orko, adds, "These results increase our confidence that we will exceed expectations at La Preciosa. The recent discovery of the Martha Vein, given its initial widths and grades, could potentially change the entire dynamic of the project. Hole 102 encompasses the best assay results to date at La Preciosa. We are extremely pleased with the ongoing exploration program and look forward to releasing more results as we receive them."
BP07-102
-------------------------------------------------------------------------
From To True Au Ag Ag-Eq
Vein (metres) (metres) Length Width (g/t) (g/t) (g/t)
-------------------------------------------------------------------------
-------------------------------------------------------------------------
Abundancia 151.51 179.29 27.75 26.80 0.205 152.3 164.5
-------------------------------------------------------------------------
Includes 155.69 172.66 16.94 16.36 0.232 189.9 203.9
-------------------------------------------------------------------------
Includes 157.59 160.94 3.35 3.24 0.282 366.6 383.5
-------------------------------------------------------------------------
-------------------------------------------------------------------------
Chabelita 220.99 227.77 6.78 6.55 0.170 177.9 188.1
-------------------------------------------------------------------------
Includes 220.99 225.86 4.87 4.70 0.191 205.4 216.8
-------------------------------------------------------------------------
Includes 222.94 225.42 2.48 2.40 0.194 257.7 269.3
-------------------------------------------------------------------------
-------------------------------------------------------------------------
Luz Elena 299.92 302.38 2.46 2.31 0.110 120.6 127.3
-------------------------------------------------------------------------
-------------------------------------------------------------------------
Unnamed 391.57 392.44 0.87 0.82 0.685 3,761.7 3,802.8
-------------------------------------------------------------------------
-------------------------------------------------------------------------
Martha 442.16 456.17 14.68 13.79 0.320 376.5 395.7
-------------------------------------------------------------------------
Includes 442.16 450.03 8.54 8.02 0.377 567.8 590.5
-------------------------------------------------------------------------
Includes 442.16 445.43 3.27 3.07 0.605 1,374.0 1,141.3
-------------------------------------------------------------------------
Hole BP07-102 was collared north of La Preciosa Ridge in "Mina La Preciosa Sector", east of holes BP05-12, 13 and BP07-104 on mine-section 15,500 N, azimuth 090, dip -45 degrees. This hole is 200 metres west of Hole BP07-98.
BP07-98
-------------------------------------------------------------------------
From To True Au Ag Ag-Eq
Vein (metres) (metres) Length Width (g/t) (g/t) (g/t)
-------------------------------------------------------------------------
-------------------------------------------------------------------------
Abundancia 128.95 133.75 4.80 4.73 0.136 319.8 328.0
-------------------------------------------------------------------------
Includes 130.85 133.75 2.90 2.86 0.144 423.3 431.9
-------------------------------------------------------------------------
-------------------------------------------------------------------------
Luz Elena 208.10 211.45 3.35 3.30 0.169 113.2 123.4
-------------------------------------------------------------------------
-------------------------------------------------------------------------
Martha 389.23 404.97 15.74 14.79 0.389 240.0 263.4
-------------------------------------------------------------------------
Includes 393.97 402.10 8.13 7.64 0.471 310.5 338.8
-------------------------------------------------------------------------
Includes 398.23 402.10 3.87 3.64 0.411 391.6 416.3
-------------------------------------------------------------------------
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn't Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Content provided in partnership with
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Design a commission plan that drives sales - Sales Commissions
- Using object-oriented analysis and design over traditional structured analysis and design
Presented by American Express