September 18, 2007
TSX Venture Exchange Tier 1 Trading
Symbol: OK
Orko Silver Reports High Grade Assay Results from Transversal
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.
Gary Cope, President of
Orko, adds, "We are excited with the results from the Transversal
Vein. These latest assays are
another in a series of many that have continued to deliver positive
results for the Company including the newly discovered Martha Vein. We are anticipating releasing more
assays results and updating our NI 43-101 Compliant Resource Estimate very
soon."
The following holes highlight results from drilling completed
northward to intersect the east striking, southward dipping Transversal
Vein target.
BP07-107
Vein |
From
(metres) |
To
(metres) |
Core Length |
True Width |
Au
(g/t) |
Ag
(g/t) |
Ag-Eq
(g/t) |
|
|
|
|
|
|
|
|
Unnamed |
25.01 |
26.00 |
0.99 |
0.64 |
0.488 |
260.3 |
289.6 |
|
|
|
|
|
|
|
|
Transversal |
133.00 |
136.45 |
3.45 |
3.24 |
0.087 |
212.2 |
217.4 |
Includes |
133.00 |
135.73 |
2.73 |
2.57 |
0.100 |
257.3 |
263.3 |
Includes |
134.14 |
135.15 |
1.01 |
0.95 |
0.066 |
564.9 |
568.8 |
|
|
|
|
|
|
|
|
Unnamed |
157.50 |
158.46 |
0.96 |
0.90 |
0.111 |
116.1 |
122.8 |
|
|
|
|
|
|
|
|
Unnamed |
245.47 |
248.22 |
2.75 |
2.38 |
0.050 |
169.2 |
172.2 |
Includes |
245.47 |
247.43 |
1.96 |
1.70 |
0.062 |
196.9 |
200.6 |
|
|
|
|
|
|
|
|
Hole BP07-107 was collared along the slopes of the creek cut
(arroyo) on the east side of La Preciosa Ridge, south of the Transversal
Vein. It is oriented azimuth 000, dip -45 degrees, on the same north-south
section as hole BP07-105.
BP07-111
Vein |
From
(metres) |
To
(metres) |
Core Length |
True Width |
Au
(g/t) |
Ag
(g/t) |
Ag-Eq
(g/t) |
|
|
|
|
|
|
|
|
Transversal |
53.01 |
56.05 |
3.04 |
3.04 |
0.344 |
611.8 |
632.5 |
Includes |
54.39 |
54.92 |
0.53 |
0.53 |
0.672 |
1,204.4 |
1,244.7 |
|
|
|
|
|
|
|
|
Unnamed |
157.80 |
158.37 |
0.57 |
0.54 |
0.345 |
246.2 |
266.9 |
|
|
|
|
|
|
|
|
Unnamed |
315.93 |
317.75 |
1.82 |
1.29 |
0.023 |
128.5 |
129.9 |
Includes |
315.93 |
316.14 |
0.21 |
0.15 |
0.130 |
839.9 |
847.7 |
|
|
|
|
|
|
|
|
Hole BP07-111 is a northward trending hole on the slopes of the
quebrada in Zona Sur, designed to test the Transversal vein from the same
pad as hole BP07-108A. BP07-111 is oriented azimuth 000, dip -45
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 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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