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Orex Minerals Inc (CVE:OX) has announced that its partner, Fresnillo PLC has completed phase five of a diamond drilling program of 11 holes on the Coneto gold-silver project in Durango, Mexico.
The Coneto project is a joint venture, with ownership of 55/45 per cent between Fresnillo and Orex.
The drilling program tested a variety of targets across the Coneto property. In total, there were 5,214.9 metres in 11 holes.
Three holes were drilled in the northern zone (La Bufa, Santo Nino), three holes in the western zone (Loma Verde), four holes in the southern zone (Durazno, Nogales, Promontorio) and one hole in the central zone (Descubridora).
Orex’s president, Gary Cope said, “This drilling program continues to expand our understanding of the multiple structures on the Coneto project and we are planning additional exploration with our colleagues at Fresnillo.”
Story by ProactiveInvestors