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| | September 18, 2007 Orko Silver Reports High Grade Assay Results from Transversal Vein
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VANCOUVER, British Columbia - Orko Silver Corp. (TSX.V - OK) is pleased to announce that it has received further assay results from the current diamond drilling program on La Preciosa Project in Durango, Mexico.
Gary Cope, President of Orko, adds, "We are excited with the results from the Transversal Vein. These latest assays are another in a series of many that have continued to deliver positive results for the Company including the newly discovered Martha Vein. We are anticipating releasing more assays results and updating our NI 43-101 Compliant Resource Estimate very soon."
The following holes highlight results from drilling completed northward to intersect the east striking, southward dipping Transversal Vein target.
BP07-107
Vein |
From (metres) |
To (metres) |
Core Length |
True Width |
Au (g/t) |
Ag (g/t) |
Ag-Eq (g/t) |
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Unnamed |
25.01 |
26.00 |
0.99 |
0.64 |
0.488 |
260.3 |
289.6 |
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Transversal |
133.00 |
136.45 |
3.45 |
3.24 |
0.087 |
212.2 |
217.4 |
Includes |
133.00 |
135.73 |
2.73 |
2.57 |
0.100 |
257.3 |
263.3 |
Includes |
134.14 |
135.15 |
1.01 |
0.95 |
0.066 |
564.9 |
568.8 |
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Unnamed |
157.50 |
158.46 |
0.96 |
0.90 |
0.111 |
116.1 |
122.8 |
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Unnamed |
245.47 |
248.22 |
2.75 |
2.38 |
0.050 |
169.2 |
172.2 |
Includes |
245.47 |
247.43 |
1.96 |
1.70 |
0.062 |
196.9 |
200.6 |
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Hole BP07-107 was collared along the slopes of the creek cut (arroyo) on the east side of La Preciosa Ridge, south of the Transversal Vein. It is oriented azimuth 000, dip -45 degrees, on the same north-south section as hole BP07-105.
BP07-111
Vein |
From (metres) |
To (metres) |
Core Length |
True Width |
Au (g/t) |
Ag (g/t) |
Ag-Eq (g/t) |
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Transversal |
53.01 |
56.05 |
3.04 |
3.04 |
0.344 |
611.8 |
632.5 |
Includes |
54.39 |
54.92 |
0.53 |
0.53 |
0.672 |
1,204.4 |
1,244.7 |
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Unnamed |
157.80 |
158.37 |
0.57 |
0.54 |
0.345 |
246.2 |
266.9 |
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Unnamed |
315.93 |
317.75 |
1.82 |
1.29 |
0.023 |
128.5 |
129.9 |
Includes |
315.93 |
316.14 |
0.21 |
0.15 |
0.130 |
839.9 |
847.7 |
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Hole BP07-111 is a northward trending hole on the slopes of the quebrada in Zona Sur, designed to test the Transversal vein from the same pad as hole BP07-108A. BP07-111 is oriented azimuth 000, dip -45 degrees.
A complete table of drill results is available at the link below:
http://www.orkosilver.com/i/pdf/drillresults.pdf
A detailed drill plan map is available 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/orkonews.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%.
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 using 2 rigs 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. All are undergoing exploration.
ON BEHALF OF THE BOARD OF DIRECTORS
Gary Cope
President
For further information, contact Orko Silver Corp. at (604) 684-4691 or Via email at [email protected] or visit 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. |
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| You can view the Next News Releases item: Wed Sep 19, 2007, Orko Silver Continues to Hit Wide High Grade Intercepts at La Preciosa
You can view the Previous News Releases item: Wed Jul 18, 2007, Orko Silver Continues to Hit Martha Vein; Adds Third Drill Rig to Projects in Mexico
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