VANCOUVER, Feb. 18, 2016 /CNW/ - Orex Minerals Inc. – (TSX-V: REX) ("Orex"), is pleased to announce that the initial 2,000 metres diamond drilling in 17 holes have been completed on the Sandra Escobar Project in Durango, Mexico. The diamond drilling program will be extended a further 3,000 metres in Phase-II, commencing in the first week of March. The Sandra Escobar Project is being advanced by Orex under an option [...]
Orex Minerals announces that it has granted an aggregate of 3,500,000 incentive stock options to directors, officers and consultants to purchase up to 3,500,000 common shares in the capital of Orex. The incentive stock options have an exercise price of $0.35 per share, expire five years from the date of grant and vest immediately. As a result of this option grant, Orex has 10,044,000 stock options issued, representing [...]
Orex Minerals, is pleased to announce that assay results for the first hole of the 2015-2016 diamond drilling program on the Sandra Escobar Project have been received. The Sandra Escobar Project is being advanced by Orex under an option agreement with Canasil Resources Inc. – (TSX.V: CLZ) ("Canasil"). Hole SA-15-001 has yielded a 61 metres core length (43.1 metres true thickness) intercept grading 359 g/t silver, starting [...]
VANCOUVER, Dec. 10, 2015 /CNW/ - Orex Minerals Inc. – (TSX-V: REX) ("Orex"), announces that diamond drilling has commenced at the Sandra Escobar Silver Project in northern Durango State, Mexico. This Phase-I drilling program will consist of about 2,000 metres in as many as 12 drill holes. The Sandra Escobar Project is being advanced by Orex under an option agreement with Canasil Resources Inc. – (TSX.V: CLZ) ("Canasil [...]
VANCOUVER, Nov. 24, 2015 /CNW/ - Orex Minerals Inc. – (TSX-V: REX) ("Orex"), has awarded an initial 2,000 metres diamond drilling contract to Kluane Mexico S.A. de C.V., a subsidiary of Kluane Drilling Ltd. for the Sandra Escobar Silver Project in northern Durango State, Mexico. Sandra Escobar Project is being advanced by Orex under an option agreement with Canasil Resources Inc. – (TSX.V: CLZ) ("Canasil"), as announced [...]
Orex Minerals, is pleased to announce that early surface work on the Sandra Escobar Silver Project in Durango, Mexico, has confirmed highly anomalous silver mineralization related to a rhyolite dome complex in the southeast sector. Sandra Escobar Project is a joint venture with Canasil Resources. Orex has commenced an orientation sampling program on Sandra Escobar, including check sampling of key showings, surface soil [...]
VANCOUVER, Oct. 30, 2015 /CNW/ - Orex Minerals Inc. – (REX: TSX-V) ("Orex" ) announces that it has granted 250,000 incentive stock options to a consultant to purchase 250,000 shares in the capital of Orex at an exercise price of $0.20 per share and with a two year term. The options will vest immediately. Orex reports that it has applied to the TSX Venture Exchange to extend the term of the warrants issued in connection [...]
Orex Minerals and Barsele Minerals are pleased to announce the completion of the previously announced plan of arrangement pursuant to which all of the common shares of Barsele were distributed to the shareholders of Orex. Immediately prior to the Spinout, Orex transferred to Barsele Orex's 45% interest in the Barsele gold project located in Sweden, $500,000 in cash and all of Orex's right, title and interest in and to [...]
VANCOUVER, Sept. 24, 2015 /CNW/ - Orex Minerals Inc. – (TSX-V: REX) ("Orex"), is pleased to announce that project partner Fresnillo Plc (LSE: FRES) ("Fresnillo"), has confirmed that they have met the exploration expenditures of the Second Investment Option stage on the Coneto Gold-Silver Project in Durango, Mexico. The project will proceed as a joint venture, with ownership of 55:45 % between Fresnillo and Orex. Orex's [...]
Orex Minerals is pleased to announce that Orex's shareholders, optionholders and warrantholders have voted today at the annual and special meeting of Orex Securityholders to approve the previously announced plan of arrangement between Orex and Barsele Minerals, Orex's wholly-owned subsidiary. The Arrangement was approved by 99.87% of the votes cast by Shareholders and Opt...
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES VANCOUVER, Sept. 18, 2015 /CNW/ - Orex Minerals Inc. – (TSX-V: REX) ("Orex" or the "Company") announces that it has closed a non-brokered private placement offering of 1,400,000 common shares of the Company at a price of $0.25 per share for gross proceeds of $350,000 (the "Private Placement"). Orex intends to use the net proceeds of the [...]
VANCOUVER, Sept. 15, 2015 /CNW/ - Orex Minerals Inc. – (TSX-V: REX) ("Orex") is pleased to announce that it has entered into an option agreement dated September 15, 2015 (the "Option Agreement") with Canasil Resources Inc. – (TSX-V: CLZ) ("Canasil") in respect of Canasil's Sandra Escobar Silver-Gold Project in Durango, Mexico (the "Project"). Pursuant to the terms of the Option Agreement, Orex has a right to earn up to a [...]
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