June 16, 2009 Orko Silver's Surface Trenching of Nancy Vein Yields Excellent Results
VANCOUVER, British Columbia - Orko Silver Corp.("Orko") - (TSX.V - OK) is pleased to announce that it has received positive assay results from its surface trenching program on the Nancy Vein at the La Preciosa Project in Durango, Mexico.
The Nancy Vein is located on the western structural trend and is outside of the current resource estimate area for La Preciosa. Of particular note are trench sample NT09-12, which yielded 4.20 metres grading 1.342 g/t gold and 217.4 g/t silver for a silver-equivalent of 298.0 g/t and trench sample NT09-07, which yielded 8.25 metres grading 0.653 g/t gold and 132.4 g/t silver for a silver-equivalent of 171.0 g/t.
The Nancy Vein is sub-parallel to all the other known veins that comprise this large silver deposit. The Nancy Vein has been exposed by trenching for a distance of over 450 metres and remains open along strike in both directions.
Trenching of vein structures at La Preciosa, including the surface expression of the Martha Vein, has historically yielded lower silver values near surface due to the mobility of silver in low pH rainwater. Thus, these high silver values at surface, along with high gold values, are considered very promising.
Gary Cope, President of Orko, adds: "These results illustrate the excellent exploration potential at La Preciosa. The Nancy Vein represents a distinct separate target and as such, we have prioritized it on the list of drill targets for the upcoming 2009 drilling program."
Trench NT09-01, 09 and 10 did not return appreciable results.
A table of complete trench results is available on our website at the link below:
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:
Silver-equivalent for the purposes of this trenching 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
Orko Silver Corp. is developing one of the world's largest primary silver deposits, La Preciosa, located near the city of Durango, Mexico.
ON BEHALF OF THE BOARD OF DIRECTORS
For further information, contact Orko Silver Corp. at (604) 684-4691 or
Via email at 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.
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