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.
The Martha Vein, first discovered in drill hole BP06-77, is proving to
be a major structure.� To illustrate
the Martha Vein?s emerging importance, the table below summarizes the
intercepts to date.
Gary Cope, President of Orko, adds, "These latest assays continue
to support the consistency of our overall excellent results from La Preciosa to date, and
in particular the strength of the Martha vein. Furthermore, we have managed
to add a third rig, which is now drilling on the San
Juan property, adjacent to La Preciosa.� We are looking forward to
results from early targets there.?
Martha Vein Intercepts
Drill Hole
|
From
(metres)
|
To
(metres)
|
Core Length
|
True Width
|
Au
(g/t)
|
Ag
(g/t)
|
Ag-Eq
(g/t)
|
|
|
|
|
|
|
|
|
BP06-77
|
434.89
|
445.50
|
10.61
|
9.97
|
0.339
|
249.5
|
269.8
|
BP06-85
|
537.87
|
540.10
|
2.23
|
2.10
|
0.248
|
121.8
|
136.6
|
BP06-87
|
592.87
|
594.73
|
1.86
|
1.75
|
0.363
|
116.4
|
138.2
|
BP06-90
|
338.59
|
358.62
|
20.03
|
18.82
|
0.286
|
144.8
|
161.9
|
BP07-92
|
425.96
|
439.93
|
13.97
|
12.10
|
0.212
|
127.9
|
140.6
|
BP07-95
|
430.41
|
433.43
|
3.02
|
2.84
|
0.145
|
110.5
|
119.2
|
BP07-96
|
341.85
|
347.47
|
5.62
|
5.42
|
0.181
|
187.5
|
198.4
|
BP07-98
|
389.23
|
404.97
|
15.74
|
14.79
|
0.389
|
240.0
|
263.4
|
BP07-99
|
475.34
|
478.56
|
3.22
|
3.03
|
0.300
|
269.8
|
287.8
|
BP07-101
|
537.33
|
540.18
|
2.85
|
2.47
|
0.839
|
� 74.0
|
124.3
|
BP07-102
|
442.16
|
456.17
|
14.68
|
13.79
|
0.320
|
376.5
|
395.7
|
BP07-103
|
412.64
|
439.39
|
26.75
|
23.17
|
0.532
|
216.5
|
248.4
|
BP07-104
|
479.50
|
481.47
|
1.97
|
1.71
|
0.545
|
149.3
|
182.0
|
Third Drill Rig
Major Drilling S.A. de
C.V. of Hermosillo, Sonora, Mexico, has delivered a third diamond drilling
rig and crew to Orko Silver?s San Juan project located immediately adjacent
to Orko Silver?s 100% owned La
Preciosa project which saw drilling begin on March 21st,
2005 with the first rig and has since contracted a second rig and drilled in
excess of 50,000
metres to date. Recently, Orko Silver succeeded in
contracting a third rig which is currently operating on the San
Juan property, a joint venture project with Silver
Standard Resources Inc.
New Drill Results
New results from
drilling on La
Preciosa Project have been received for holes BP07-95, 96,
99, and 104.
BP07- 95
Vein
|
From
(metres)
|
To
(metres)
|
Core Length
|
True Width
|
Au
(g/t)
|
Ag
(g/t)
|
Ag-Eq
(g/t)
|
|
|
|
|
|
|
|
|
Abundancia
|
232.16
|
236.13
|
3.97
|
3.91
|
0.173
|
180.5
|
190.9
|
� Includes
|
233.54
|
236.13
|
2.59
|
2.55
|
0.207
|
222.8
|
235.2
|
|
|
|
|
|
|
|
|
Unnamed
|
394.54
|
395.18
|
0.38
|
0.34
|
0.215
|
698.7
|
711.6
|
|
|
|
|
|
|
|
|
Martha
|
427.94
|
434.54
|
6.60
|
6.20
|
0.194
|
� 98.4
|
110.1
|
� Includes
|
430.41
|
433.43
|
3.02
|
2.84
|
0.145
|
110.5
|
119.2
|
|
|
|
|
|
|
|
|
Hole BP07-95 was collared north of
La Preciosa Ridge
in ?Mina La Preciosa
Sector?, east of holes BP05-10, 11 & 99 and west of
holes BP07-92 & 90 on mine-section 15,600 N, azimuth 090, dip -45
degrees.� Note: The Martha Vein
intercept had poor core recovery in a leached area, possibly resulting in
local removal of silver.
BP07- 96
Vein
|
From
(metres)
|
To
(metres)
|
Core Length
|
True Width
|
Au
(g/t)
|
Ag
(g/t)
|
Ag-Eq
(g/t)
|
|
|
|
|
|
|
|
|
Abundancia
|
63.39
|
74.40
|
11.01
|
10.84
|
0.065
|
� 57.8
|
� 61.8
|
� Includes
|
63.39
|
65.92
|
2.53
|
2.49
|
0.148
|
108.0
|
116.9
|
� Includes
|
63.39
|
64.70
|
1.31
|
1.29
|
0.216
|
139.4
|
152.4
|
|
|
|
|
|
|
|
|
Luz Elena
|
115.05
|
119.09
|
4.04
|
3.80
|
0.047
|
110.2
|
113.0
|
� Includes
|
117.05
|
119.09
|
2.04
|
1.92
|
0.047
|
159.1
|
162.0
|
� Includes
|
115.05
|
115.65
|
0.60
|
0.56
|
0.150
|
172.3
|
181.3
|
|
|
|
|
|
|
|
|
Martha
|
341.85
|
347.47
|
5.62
|
5.42
|
0.181
|
187.5
|
198.4
|
� Includes
|
341.85
|
346.08
|
4.23
|
4.09
|
0.217
|
232.3
|
245.3
|
|
|
|
|
|
|
|
|
Hole BP07-96 was collared north of
La Preciosa Ridge
in ?Mina La Preciosa
Sector?, east of holes BP05-12, 13 and BP07-98, 102, 103
and 104 on mine-section 15,500 N, azimuth 090, dip -45 degrees.� Abundancia vein is immediately below the
paleo-surface at the base of the basaltic cover and is strongly leached.
Martha Vein is strong and up-dip from the intercept in BP07-98.
BP07- 99
Vein
|
From
(metres)
|
To
(metres)
|
Core Length
|
True Width
|
Au
(g/t)
|
Ag
(g/t)
|
Ag-Eq
(g/t)
|
|
|
|
|
|
|
|
|
Unnamed
|
246.07
|
248.97
|
2.90
|
2.73
|
0.130
|
� 52.9
|
� 60.7
|
� Includes
|
246.57
|
246.83
|
0.26
|
0.24
|
0.150
|
� 92.0
|
101.0
|
� Includes
|
248.73
|
248.97
|
0.24
|
0.23
|
0.140
|
327.3
|
335.7
|
|
|
|
|
|
|
|
|
Abundancia
|
281.55
|
286.28
|
4.73
|
4.44
|
0.208
|
166.0
|
178.4
|
� Includes
|
283.13
|
286.28
|
3.15
|
2.96
|
0.217
|
178.3
|
191.4
|
� Includes
|
283.40
|
285.67
|
2.27
|
2.13
|
0.251
|
219.7
|
234.8
|
� Includes
|
283.40
|
284.79
|
1.39
|
1.31
|
0.252
|
228.5
|
243.6
|
|
|
|
|
|
|
|
|
Martha
|
475.34
|
478.56
|
3.22
|
3.03
|
0.300
|
269.8
|
287.8
|
� Includes
|
476.95
|
478.56
|
1.61
|
1.51
|
0.516
|
511.2
|
542.2
|
� Includes
|
478.17
|
478.56
|
0.39
|
0.37
|
0.585
|
1,170.3
|
1,205.4
|
|
|
|
|
|
|
|
|
Hole BP07-99 was collared north of
La Preciosa Ridge
in ?Mina La Preciosa
Sector?, east of holes BP05-10 & 11 and west of holes
BP07-95 & 92 on mine-section 15,600 N, azimuth 090, dip -45 degrees.
BP07- 104
Vein
|
From
(metres)
|
To
(metres)
|
Core Length
|
True Width
|
Au
(g/t)
|
Ag
(g/t)
|
Ag-Eq
(g/t)
|
|
|
|
|
|
|
|
|
La Gloria
|
53.30
|
55.88
|
2.58
|
2.23
|
0.025
|
� 90.6
|
� 92.1
|
� Includes
|
53.30
|
53.98
|
0.68
|
0.59
|
0.053
|
135.3
|
138.5
|
� Includes
|
55.57
|
55.88
|
0.31
|
0.27
|
0.020
|
289.9
|
291.1
|
|
|
|
|
|
|
|
|
Abundancia
|
92.57
|
96.94
|
4.37
|
4.11
|
0.174
|
318.2
|
328.6
|
� Includes
|
92.57
|
96.26
|
3.69
|
3.47
|
0.204
|
370.6
|
382.9
|
� Includes
|
92.57
|
95.33
|
2.76
|
2.59
|
0.261
|
448.4
|
464.1
|
|
|
|
|
|
|
|
|
Carmen
|
240.17
|
243.14
|
2.97
|
1.91
|
0.283
|
481.0
|
498.0
|
� Includes
|
240.43
|
242.83
|
2.40
|
1.54
|
0.331
|
571.3
|
591.1
|
� Includes
|
241.40
|
241.75
|
0.35
|
0.22
|
1.430
|
1,801.3
|
1,887.1
|
|
|
|
|
|
|
|
|
Unnamed
|
403.82
|
404.05
|
0.23
|
0.22
|
0.398
|
2,389.6
|
2,413.5
|
|
|
|
|
|
|
|
|
Martha
|
471.80
|
481.47
|
9.67
|
8.37
|
0.254
|
� 56.2
|
� 71.4
|
� Includes
|
479.50
|
481.47
|
1.97
|
1.71
|
0.545
|
149.3
|
182.0
|
� Includes
|
479.90
|
481.18
|
1.28
|
1.11
|
0.727
|
210.4
|
254.0
|
|
|
|
|
|
|
|
|
Hole BP07-104 was collared north
of La Preciosa Ridge
in ?Mina La Preciosa
Sector?, east of holes BP05-12, 13 and west of hole
BP07-102 on mine-section 15,500 N, azimuth 090, dip -45 degrees. It contains
many silver-gold mineralized veinlets and several major veins. La Gloria vein is near the
paleo-surface contact beneath the basaltic cover and is locally leached.
A
detailed drill plan map is available at the link below:
http://www.orkosilver.com/i/pdf/drillplanmap.pdf
A complete table of drill results
is available at the link below:
http://www.orkosilver.com/i/pdf/drillresults.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 info@orkosilver.com 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
.