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September 19, 2007
TSX
Venture Exchange Tier 1
Trading Symbol: OK
Orko Silver Continues to Hit Wide High Grade Intercepts at La
Preciosa
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 very pleased that La Preciosa continues to deliver
upon its promise. More so, we
are excited about the impact the thickness and grade these intercepts will
have on our soon to be released NI 43-101 compliant Resource
Estimate.?
The following holes
highlight results from drilling targeted to intercept La Gloria,
Abundancia and Martha Veins.
BP07-115
|
Vein |
From
(metres) |
To
(metres) |
Core Length |
True Width |
Au
(g/t) |
Ag
(g/t) |
Ag-Eq
(g/t) |
|
|
|
|
|
|
|
|
|
|
La Gloria |
135.50 |
146.00 |
10.50 |
9.52 |
0.214 |
254.4 |
267.2 |
|
Includes |
135.50 |
142.76 |
7.26 |
6.58 |
0.290 |
334.6 |
352.0 |
|
Includes |
135.50 |
140.76 |
5.26 |
4.77 |
0.366 |
368.9 |
390.8 |
|
|
|
|
|
|
|
|
|
|
Abundancia |
240.41 |
252.04 |
11.63 |
10.92 |
0.129 |
107.0 |
114.8 |
|
Includes |
245.16 |
248.36 |
3.20 |
3.01 |
0.134 |
165.1 |
173.2 |
|
Includes |
245.16 |
246.10 |
0.94 |
0.88 |
0.208 |
233.8 |
246.3 |
|
|
|
|
|
|
|
|
|
|
Chabelita ? |
280.70 |
286.48 |
5.78 |
5.43 |
0.163 |
99.6 |
109.4 |
|
Includes |
284.65 |
286.48 |
1.83 |
1.72 |
0.339 |
111.4 |
131.7 |
|
|
|
|
|
|
|
|
|
|
Unnamed |
289.40 |
290.74 |
1.34 |
1.26 |
0.202 |
148.0 |
160.1 |
|
|
|
|
|
|
|
|
|
|
Unnamed |
435.26 |
435.58 |
0.32 |
0.30 |
1.045 |
909.8 |
972.5 |
|
|
|
|
|
|
|
|
|
Hole BP07-115 was drilled from the west side of La Preciosa Ridge
on mine section 15,300 N, 100 metres east of hole BP05-05. It is oriented
at azimuth 090, dip -45 degrees. A strong and thick La Gloria was
intersected. Abundancia is a zone of multiple veins and
veinlets.
BP07-118
|
Vein |
From
(metres) |
To
(metres) |
Core Length |
True Width |
Au
(g/t) |
Ag
(g/t) |
Ag-Eq
(g/t) |
|
|
|
|
|
|
|
|
|
|
Martha |
322.17 |
329.27 |
7.10 |
6.43 |
0.597 |
196.9 |
232.7 |
|
Includes |
322.17 |
324.75 |
2.58 |
2.34 |
1.317 |
349.6 |
428.6 |
|
Includes |
324.41 |
324.75 |
0.34 |
0.31 |
0.504 |
961.8 |
992.0 |
|
|
|
|
|
|
|
|
|
Hole BP07-118 is located north of La Preciosa Ridge on mine-section
15,600 N, 100 metres east of BP07-90 and 100 metres west of BP07-124. It
is oriented azimuth 090, dip -45 degrees and targeted the Martha Vein,
where it intersected a strong, mineralized vein at 322.17 to 329.27 metres
depth.
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 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
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