Orex Minerals CEO unveils silver exploration plans in Mexico and game-changing acquisition
December 04, 2023 at 01:32 pm EST
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Orex Minerals Inc CEO Ben Whiting joined Proactive's Stephen Gunnion to discuss the company's focus on silver exploration in Mexico and the recent acquisition of the Valenciana project.
Orex, a member of the Belcarra Management Group, collaborates on creating junior mining companies, emphasizing exploration, and discoveries. The Valenciana project, situated in a prolific silver trend in Mexico, holds historical data from the late 1990s, offering a promising opportunity for exploration and consolidation.
Whiting outlined Orex's plans following a $1 million private placement, emphasizing community engagement, environmental assessments, and anticipated drilling by April.
The CEO also hinted at potential opportunities beyond Mexico, with property submissions regularly evaluated.
Notably, the Jumping Josephine project in British Columbia, an outlier in the portfolio, is open to potential buyers.
Investors can anticipate catalysts like hyperspectral imagery results, new project acquisitions, and Valenciana drilling updates.
Orex aims to add value to projects and explore monetization opportunities. The company's directors and management, all part of the Belcarra group, have the proven technical skills to discover and develop quality exploration projects that maximize shareholder value.
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Orex Minerals Inc. is a Canada-based mineral exploration company. The Company is focused on precious and base metals exploration in Mexico and Canada. The Company is engaged primarily in the acquisition and exploration and evaluation of assets. It has several projects, including two projects are located in Durango State, Mexico, the Sandra Silver-Gold Project with Pan American Silver Corp. and the Coneto Gold-Silver Project with Fresnillo PLC. The third project is the Jumping Josephine Gold Project in British Columbia, Canada. The Sandra Project is a silver and gold exploration property located 40 kilometers (km) north of the community of Tepehuanes and 180 km north of the City of Durango in Durango State, Mexico. The Coneto Silver-Gold Project is located in the Mesa Central, on the eastern flank of the Sierra Madre Occidental Mountains. The Jumping Josephine Gold Project is in the West Kootenay Region in southern British Columbia and has 24 mineral claims totaling 11,667 hectares.