November 19, 2007
TSX Venture Exchange Tier 1
Trading Symbol: OK
Orko Silver Hits 16.55 metres grading
377.7 g/t silver-equivalent on Martha Vein
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.
Ten
more drill holes have extended the Martha Vein structure from the previously
reported Inferred Resource Estimate area (see news release 01 October 2007),
of which seven exceed 5
metres true width, illustrating the continuity of this
major structure. Hole BP07-135 hit a true width of 16.55 metres grading
gold 0.363 g/t, silver 355.9 g/t for a silver-equivalent of 377.7 g/t.
Gary
Cope, President of Orko, adds, "Since the last resource
estimate that included holes to BP07-120, the focus of the ongoing drilling
program has been to drill test the Martha Vein both to the east and to the
south of the previously defined area of Martha Vein resource reported in the
Oct 1 resource estimate (see news release Oct 1, 2007 for details). To date
the company has drilled approximately 35 holes further testing the extent of
the Martha Vein which now has been intercepted continuously in numerous holes
up to a further kilometer south and east of the holes that contain the Martha
Vein mineral resource estimate. The Martha Vein is an encouraging structure,
varying in thickness but consistent in predictability as the drills move east
and south of the previous Martha resource estimates. Grades for many of the
Martha vein holes recently drilled are unknown and will be released as the
company receives the results of the sampling.
The
discovery of Martha and the newly available drilling data suggests that we
are onto a deposit of much larger scale and scope than had originally been
conceived.� To that end, we are
focusing our attention and resources on drill testing the Martha Vein more
aggressively.� We are proud of what our
team has accomplished at La
Preciosa and are excited about the prospect of releasing
more drill results.� We look forward to
releasing new resource estimate in Q1 2008.?
The following holes highlight
results from drilling targeted to intercept the Martha Vein and other veins.
BP07-135
Vein
|
From
(metres)
|
To
(metres)
|
Core Length
|
True Width
|
Au
(g/t)
|
Ag
(g/t)
|
Ag-Eq
(g/t)
|
|
|
|
|
|
|
|
|
Martha
|
472.83
|
490.44
|
17.61
|
16.55
|
0.363
|
355.9
|
377.7
|
� Includes
|
476.68
|
490.44
|
13.76
|
12.93
|
0.451
|
430.5
|
457.6
|
� Includes
|
481.91
|
483.76
|
1.85
|
1.74
|
0.684
|
1,033.6
|
1,074.6
|
|
|
|
|
|
|
|
|
Hole BP07-135 is located on the east side of La Preciosa Ridge,
azimuth 090o, dip -50o, 100 metres east of
hole BP06-69, on mine-section 15,000 N.
BP07-133
Vein
|
From
(metres)
|
To
(metres)
|
Core Length
|
True Width
|
Au
(g/t)
|
Ag
(g/t)
|
Ag-Eq
(g/t)
|
|
|
|
|
|
|
|
|
Martha
|
308.23
|
321.26
|
13.03
|
11.28
|
0.358
|
126.3
|
147.8
|
� Includes
|
310.94
|
321.26
|
10.32
|
8.94
|
0.412
|
139.6
|
164.3
|
� Includes
|
318.21
|
321.26
|
3.05
|
2.64
|
0.540
|
186.4
|
218.8
|
|
|
|
|
|
|
|
|
Hole BP07-133 is located east of La Preciosa Ridge on
mine section 15,100 N, 100
metres east of hole BP06-71 and 100 metres north of
hole BP07-135. It is oriented azimuth 090, dip -50 degrees.
BP07-132
Vein
|
From
(metres)
|
To
(metres)
|
Core Length
|
True Width
|
Au
(g/t)
|
Ag
(g/t)
|
Ag-Eq
(g/t)
|
|
|
|
|
|
|
|
|
Martha(total)
|
230.73
|
246.55
|
15.82
|
13.70
|
0.144
|
� 79.7
|
� 88.3
|
�
|
|
|
|
|
|
|
|
Marthita
|
230.73
|
234.03
|
3.30
|
2.86
|
0.305
|
141.7
|
160.0
|
�
Includes
|
231.38
|
234.03
|
2.65
|
2.29
|
0.342
|
160.1
|
180.6
|
|
|
|
|
|
|
|
|
Martha
|
241.33
|
246.55
|
5.22
|
4.52
|
0.097
|
109.0
|
114.8
|
�
Includes
|
244.03
|
246.55
|
2.52
|
2.18
|
0.072
|
161.0
|
165.4
|
�
Includes
|
244.03
|
245.55
|
1.52
|
1.32
|
0.077
|
235.9
|
240.5
|
|
|
|
|
|
|
|
|
Hole BP07-132 is located east of La Preciosa Ridge on mine section 15,300 N, 100 metres east of
hole BP06-72. It is oriented azimuth 090, dip -45 degrees. The Martha (total)
is the structure of Martha plus Marthita intersections and lower grade
material in between.
BP07-131
Vein
|
From
(metres)
|
To
(metres)
|
Core Length
|
True Width
|
Au
(g/t)
|
Ag
(g/t)
|
Ag-Eq
(g/t)
|
|
|
|
|
|
|
|
|
Martha
|
241.17
|
253.50
|
12.33
|
11.17
|
0.322
|
129.1
|
148.4
|
�
Includes
|
241.17
|
247.26
|
6.09
|
5.52
|
0.346
|
144.7
|
165.4
|
�
Includes
|
241.17
|
243.03
|
1.86
|
1.69
|
0.546
|
236.5
|
269.3
|
|
|
|
|
|
|
|
|
Hole BP07-131 is located east of La Preciosa Ridge on mine section 15,200 N, 100 metres east of
hole BP06-62. It is oriented azimuth 000, dip -90 degrees.
BP07-130
Vein
|
From
(metres)
|
To
(metres)
|
Core Length
|
True Width
|
Au
(g/t)
|
Ag
(g/t)
|
Ag-Eq
(g/t)
|
|
|
|
|
|
|
|
|
Martha
|
257.05
|
262.20
|
5.15
|
4.46
|
0.538
|
182.8
|
215.1
|
� Includes
|
257.05
|
259.65
|
2.60
|
2.25
|
0.950
|
210.2
|
267.2
|
� Includes
|
257.05
|
258.60
|
1.55
|
1.34
|
1.359
|
306.9
|
388.4
|
|
|
|
|
|
|
|
|
Hole
BP07-130 is located north of La Preciosa Ridge on mine section 15,400 N, 100 metres east of
hole BP07-126. It is oriented azimuth 090, dip -45 degrees.
BP07-128
Vein
|
From
(metres)
|
To
(metres)
|
Core Length
|
True Width
|
Au
(g/t)
|
Ag
(g/t)
|
Ag-Eq
(g/t)
|
|
|
|
|
|
|
|
|
Martha
|
288.65
|
296.74
|
8.09
|
7.33
|
0.186
|
105.2
|
116.4
|
� Includes
|
288.65
|
292.92
|
4.27
|
3.87
|
0.242
|
171.7
|
186.2
|
� Includes
|
288.65
|
290.37
|
1.72
|
1.56
|
0.259
|
257.8
|
273.3
|
|
|
|
|
|
|
|
|
Hole
BP07-128 is located north of La Preciosa Ridge on mine section 15,500 N, 100 metres east of
hole BP07-96. It is oriented azimuth 090, dip -45 degrees.
BP07-126
Vein
|
From
(metres)
|
To
(metres)
|
Core Length
|
True Width
|
Au
(g/t)
|
Ag
(g/t)
|
Ag-Eq
(g/t)
|
|
|
|
|
|
|
|
|
Martha(total)
|
298.34
|
315.41
|
17.07
|
16.04
|
0.167
|
� 72.5
|
� 82.5
|
|
|
|
|
|
|
|
|
Marthita
|
298.34
|
306.02
|
7.68
|
7.22
|
0.259
|
� 87.1
|
102.7
|
� Includes
|
298.74
|
302.92
|
4.18
|
3.93
|
0.313
|
113.8
|
132.6
|
� Includes
|
302.59
|
302.92
|
0.33
|
0.31
|
0.650
|
484.3
|
523.3
|
|
|
|
|
|
|
|
|
Martha
|
312.28
|
315.41
|
3.13
|
2.94
|
0.176
|
131.6
|
142.2
|
� Includes
|
313.60
|
315.41
|
1.81
|
1.70
|
0.199
|
190.9
|
202.8
|
|
|
|
|
|
|
|
|
Hole
BP07-126 is located north of La Preciosa Ridge on mine section 15,400 N, 100 metres east of
hole BP06-77. It is oriented azimuth 090, dip -45 degrees. The Martha (total)
is the structure of Martha plus Marthita intersections and lower grade
material in between.
BP07-125A
Vein
|
From
(metres)
|
To
(metres)
|
Core Length
|
True Width
|
Au
(g/t)
|
Ag
(g/t)
|
Ag-Eq
(g/t)
|
|
|
|
|
|
|
|
|
Martha
|
256.33
|
267.34
|
11.01
|
9.98
|
0.244
|
144.8
|
159.4
|
� Includes
|
256.33
|
263.17
|
6.84
|
6.20
|
0.293
|
208.4
|
226.0
|
� Includes
|
258.16
|
260.02
|
1.86
|
1.69
|
0.560
|
374.7
|
408.4
|
|
|
|
|
|
|
|
|
Hole
BP07-125A is located north of La Preciosa Ridge on mine section 15,800 N, 100 metres east of
hole BP07-127. It is oriented azimuth 090, dip -45 degrees.
BP07-124
Vein
|
From
(metres)
|
To
(metres)
|
Core Length
|
True Width
|
Au
(g/t)
|
Ag
(g/t)
|
Ag-Eq
(g/t)
|
|
|
|
|
|
|
|
|
Martha
|
269.36
|
274.86
|
5.50
|
5.17
|
0.286
|
125.9
|
143.1
|
� Includes
|
270.16
|
273.94
|
3.78
|
3.55
|
0.373
|
146.8
|
169.1
|
� Includes
|
270.16
|
270.36
|
0.20
|
0.19
|
0.530
|
355.4
|
387.2
|
|
|
|
|
|
|
|
|
Hole
BP07-124 is located north of La Preciosa Ridge on mine section 15,600 N, 100 metres east of
hole BP07-118. It is oriented azimuth 090, dip -45 degrees.
BP07-121
Vein
|
From
(metres)
|
To
(metres)
|
Core Length
|
True Width
|
Au
(g/t)
|
Ag
(g/t)
|
Ag-Eq
(g/t)
|
|
|
|
|
|
|
|
|
Martha
|
423.40
|
425.22
|
1.82
|
1.71
|
0.096
|
245.8
|
251.5
|
�
Includes
|
423.40
|
424.89
|
1.49
|
1.40
|
0.109
|
298.8
|
305.4
|
�
Includes
|
423.40
|
424.27
|
0.87
|
0.81
|
0.118
|
488.8
|
495.9
|
|
|
|
|
|
|
|
|
Hole
BP07-121 is located north of La Preciosa Ridge, 100 metres east of
BP07-119. It is on mine grid 15,900 N, azimuth 090, dip -45 degrees.
BP07-116
Vein
|
From
(metres)
|
To
(metres)
|
Core Length
|
True Width
|
Au
(g/t)
|
Ag
(g/t)
|
Ag-Eq
(g/t)
|
|
|
|
|
|
|
|
|
Unnamed
|
130.10
|
132.26
|
2.16
|
1.96
|
0.324
|
124.6
|
144.1
|
� Includes
|
130.10
|
131.84
|
1.74
|
1.58
|
0.389
|
137.8
|
161.2
|
� Includes
|
130.10
|
131.05
|
0.95
|
0.86
|
0.646
|
194.9
|
233.6
|
|
|
|
|
|
|
|
|
Hole
BP07-116 did not reach target depth for the Martha Vein due to a jamming of
the drill rods, but did intercept a vein. It is located on the east side of La Preciosa Ridge, 200 metres east of
hole BP06-65, on mine grid 14,800 N, azimuth 090, dip -50 degrees.
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 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
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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