2011
2010
2009
2008
2007
2006
2005
2004
2003
| December 02, 2008 Orko Silver Drills 3.99 metres of 1 Kilogram per ton Silver Equivalent | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| VANCOUVER, British Columbia - Orko Silver Corp. (TSX.V - OK) is pleased to announce that it has received further assay results from its on-going diamond drilling program at La Preciosa Project in Durango, Mexico. Of particular note is a thick, high-grade intercept for the Martha Vein in hole BP08-280. This hole is located on the eastern side of the mineralized trend. Hole BP08-280 yielded a true thickness of 6.74 metres grading 1.111 g/t gold and 561.6 g/t silver for a silver-equivalent of 628.2 g/t. Within this intercept is 3.99 metres grading 1.822 g/t gold and 927.4 g/t silver for a silver-equivalent of 1,036.7 g/t. Also of interest is hole BP08-278 which yielded 5.10 metres grading 1.004 g/t gold and 251.3 g/t silver for a silver-equivalent of 311.5 g/t and hole BP08-325A, (a re-drill of hole BP08-325, which was abandoned during drilling) yielded 6.47 metres grading 0.860 g/t gold and 421.5 g/t silver for a silver-equivalent of 473.1 g/t. Gary Cope, President of Orko, adds: "We are particularly pleased with the results of Hole 280. It represents another in a long list of holes at La Preciosa that have yielded a significant intercept over 1 kilogram per ton Silver Equivalent. Holes 278, 280 and 325A were noteworthy not only for their impressive grades and widths but also because the high grade mineralization was encountered at a relatively shallow depth. Although we encountered a low grade section of the Martha Vein in some of the holes reported, which is typical in Mexican Epithermal Vein Systems, the vein is structurally strong and we anticipate encountering better grade mineralization with progression to the southeast." Key Martha Vein intercepts added for this release:
Several holes were either drilled along the periphery of the main mineralized trend in Martha or do not make either the thickness, or the cut-off grade, requirements for the Martha vein. These include: BP08-196, BP08-234, BP08-237, BP08-241, BP08-246, BP08-248, BP08-249, BP08-250, BP08-255, BP08-256, BP08-257, BP08-258, BP08-259, BP08-260, BP08-261, BP08-263, BP08-265, BP08-266, BP08-271, BP08-274, BP08-275, BP08-276, BP08-285, BP08-290, BP08-291, BP08-293, BP08-294, BP08-295, BP08-296, BP08-297, BP08-298 BP08-301, BP08-302, BP08-303, BP08-304, BP-305, BP08-306 and BP08-311. Hole BP08-282 did not reach the target depth. A complete table of drill results is available on our website at the link below: http://www.orkosilver.com/i/pdf/drillresults.pdf A detailed drill plan map is available on our website at the link below: http://www.orkosilver.com/i/pdf/drillplanmap.pdf A printer friendly PDF format of this news release is available at the link below: http://www.investorhub.ca/orkonews12022008.pdf Ben Whiting, P.Geo., is the Qualified Person and takes responsibility for the technical disclosure in this news release. Full details of the Company's sampling protocols and QA/QC program can be located at our website at the link below: http://www.orkosilver.com/s/QAQC.asp Silver-equivalent for the purposes of this drilling program is defined as silver grade plus 60 times gold grade. Metallurgical recoveries and net smelter returns are assumed to be 100% for the silver-equivalent value. Base metal values are not included in the silver-equivalent. About Orko Silver Corp. Orko Silver Corp. is a professional exploration company with an increasing silver resource. Orko Silver's principal project, La Preciosa, located near the city of Durango, Mexico, is an advanced silver and gold project. The Company is currently drilling at La Preciosa, working 24 hours a day, 7 days a week. The deposit remains open in all directions and to depth. Two additional projects include the Santa Monica east of La Preciosa and the San Juan west of La Preciosa. ON BEHALF OF THE BOARD OF DIRECTORS Gary Cope President For further information, contact Orko Silver Corp. at (604) 684-4691 or Via our website on line at www.orkosilver.com The TSX Venture Exchange has not reviewed and does not accept responsibility for this News Release. This News Release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Orko relies upon litigation protection for forward-looking statements. *Cautionary Note to U.S. Investors -- The United States Securities and Exchange Commission permits U.S. Mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms in this press release, such as "measured", "indicated", and "inferred" resources, which the SEC guidelines strictly prohibit U.S. registered companies from including in their filings with the SEC. U.S. Investors are urged to consider closely the disclosure in our Form 20-F, File No. 000-51923, which may be secured from us, or from the SEC's website at http://www.sec.gov/edgar.shtml. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
You can view the Next News Releases item: Wed Jan 7, 2009, Orko Silver Provides 2008 Year End Summary You can view the Previous News Releases item: Wed Nov 26, 2008, Orko Silver Delays Resource Estimate until January 2009 You can return to the main News Releases page, or press the Back button on your browser. |
| Home Corporate Projects Investors News QwikReport Contact Copyright © 2006 Orko Silver Corporation All Rights Reserved. |  |