Orko Silver Corp. - Corporate Overview

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Overview

November 16, 2009
Orko Silver Corp. ( TSX Venture Exchange: OK.V ) focuses on resource exploration and development for Silver and Gold in Mexico. The Company has a large land position in Durango State, a historically prolific silver mining region located along the Sierra Madre Occidental Mountains. The company owns a 100% interest La Preciosa Project that covers 80,000 acres of contiguous mining claims.

Orko controls 100% of its "La Preciosa" project.

On February 18, 2009, the Company released its 6th NI 43-101 compliant Resource Estimate. The La Preciosa deposit now comprises 47% Indicated Resources and 53% Inferred Resources. Current Indicated Resources are 10.64 million tonnes grading 0.27 g/t Au and 185 g/t Ag for a silver-equivalent grade of 201 g/t. at a cut off grade of 100 g/t Ag. The contained metal equals 63.2 million ounces of silver and 94,000 ounces of gold for a silver-equivalent of 68.9 million ounces. Current Inferred Resources are 12.0 million tonnes grading 0.25 g/t Au and 185 g/t Ag for a silver-equivalent grade of 200 g/t. at a cut off grade of 100 g/t. The contained metal equals 71.8 million ounces of silver and 97,000 ounces of gold for a silver-equivalent of 77.6 million ounces.*

*Estimated at a 60 to 1 silver/gold ratio with metallurgical ratio with metallurgical recoveries and net smelter returns assumed to be 100%.

On April 14th, 2009 Pan American Silver Corp. and Orko Silver announced that they have agreed to form a joint venture to develop the La Preciosa project. Pan American will contribute its demonstrated mine development expertise, as well as 100% of the funds necessary to develop and construct an operating mine, in consideration for a 55% interest in the joint venture. Orko Silver retains a 45% interest fully carried to production.
Key aspects to the joint venture and the development strategy for La Preciosa include:

Pan American currently operates 7 primary silver mines
Pan American has completed 3 successful mining project in the past 4 years
Pan American will fast track the deposit to production
Orko Silver retains a 45% fully carried interest to production
No financing risk or further dilution for Orko Silver shareholders

Orko Silver 's shareholders will benefit from the financial capacity and extensive mine development expertise that Pan American brings to the joint venture as well as retain the upside potential for the discovery of additional resources from Orko Silver 's exploration team.

Going forward, the Joint Venture partners plan to continue delineation of the current resource at La Preciosa which will include exploration and infill drilling to upgrade the current resource and the expansion of exploratory drilling to other known high priority targets on the extensive land package.