|October 10, 2007
Orko Silver Adds Fourth Drill Rig
|VANCOUVER, British Columbia - Orko Silver Corp. (TSX.V - OK) is pleased to announce that Major Drilling S.A. de C.V. of Hermosillo, Sonora, Mexico, has delivered a fourth diamond drilling rig and crew to Orko Silver's La Preciosa project. The fourth rig will be initially utilized at Orko Silver's La Preciosa property to accelerate drill target testing of the impressive Martha Vein.
Orko Silver recently succeeded in contracting a third rig which is currently operating on the San Juan property, a joint venture project with Silver Standard Resources Inc., located immediately west adjacent to La Preciosa. Before the end of 2007, Orko Silver anticipates starting a drill program at its Santa Monica Joint Venture with Goldcorp, Inc. located immediately east adjacent to La Preciosa .
Gary Cope, President of Orko Silver adds, "The impressive results yielded from the Martha Vein since its discovery in Hole BP06-77 prompted us to accelerate the program at La Preciosa. The Martha Vein's significant contribution to our last resource estimate only served to reinforce that decision. We are anxiously looking forward to more assay results from La Preciosa."
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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 3 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
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 .
You can view the Previous News Releases item: Mon Oct 1, 2007, Orko Silver Increases Resource Estimate by 86% to 73.1 Million Ounces Silver Equivalent
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