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| | June 14, 2005 Orko Gold Hits 1.36 Kg Silver Intersection at La Preciosa; High Grade Veins Further Defined; Drill Contract Increased to 10,000 Metres
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| Vancouver, BC, Orko Gold Corp., ("Orko" or the "Company"), (TSXV-OK), is pleased to announce that it has received assay results from holes 2, 3 and 4 of a 13 hole, 5000m diamond drill program on its La Preciosa property currently under option from Luismin, a subsidiary of Goldcorp in Durango, Mexico. High grade mineralization was encountered in each of the La Gloria, Abundancia and Luz Elena quartz veins. The highest grade silver assay the Company received was 1,361.6 g/t Ag (1.36 kg/t) over a true width of 1.19 metres.
The Company is most excited by results from holes BP05-03 and BP05-04 listed below:
BP05-03
Vein |
From |
To |
Width (m) |
True Width (m) |
Au (g/t) |
Ag (g/t) |
Ag-Eq (g/t) |
La Gloria |
110.50 |
113.50 |
3.00 |
2.30 |
0.259 |
258.9 |
274.4 |
Includes |
110.50 |
112.38 |
1.88 |
1.44 |
0.327 |
324.3 |
343.9 |
|
|
|
|
|
|
|
|
Abundancia |
181.75 |
191.10 |
9.35 |
8.42 |
0.317 |
145.4 |
164.4 |
Includes |
181.75 |
190.30 |
8.55 |
7.70 |
0.332 |
156.5 |
176.4 |
Includes |
181.75 |
185.50 |
3.75 |
3.69 |
0.522 |
311.6 |
344.7 |
|
|
|
|
|
|
|
|
Luz Elena |
301.57 |
303.60 |
2.03 |
1.91 |
0.818 |
890.7 |
939.8 |
Includes |
301.77 |
303.60 |
1.83 |
1.72 |
0.903 |
985.0 |
1,039.2 |
Includes |
301.77 |
303.04 |
1.27 |
1.19 |
1.199 |
1,361.6 |
1,433.5 |
BP05-04
Vein |
From |
To |
Width (m) |
True Width (m) |
Au (g/t) |
Ag (g/t) |
Ag-Eq (g/t) |
La Gloria |
230.34 |
233.98 |
3.64 |
3.15 |
0.931 |
442.3 |
498.2 |
Includes |
230.94 |
233.98 |
3.04 |
2.63 |
1.045 |
516.8 |
579.5 |
|
|
|
|
|
|
|
|
Abundancia |
243.60 |
249.97 |
6.37 |
6.27 |
0.239 |
55.8 |
70.1 |
Includes |
247.33 |
249.97 |
2.64 |
2.60 |
0.257 |
76.1 |
91.5 |
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|
|
|
|
|
|
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Luz Elena |
343.08 |
349.75 |
6.67 |
5.11 |
0.345 |
69.3 |
90.0 |
Includes |
343.08 |
345.50 |
2.42 |
1.85 |
0.522 |
111.9 |
143.2 |
|
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| You can view the Next News Releases item: Thu Jun 16, 2005, Orko grants stock options
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