- Silver Investing News - http://silverinvestingnews.com -
Oro Silver acquires 174 sq. km of property
September 3, 2008 @ 10:52 am In Silver Company News
Oro Silver Resources Ltd. reports formal purchase for the 98 square kilometre Cabrestante property, Zacatecas, Mexico.
Oro Silver also acquired, by staking, the mining rights for San Ignacio, located east of Cabrestante covering another 76 square kilometre area. Together, the two properties form the core of Oro Silver's new Tacoaleche Project.
These properties cover a low topographic relief range, approximately 10 kilometres east and on trend of the epithermal Zacatecas vein deposits. Epithermal veins in the Zacatecas district are chiefly northwest trending, similar to veins observed on the Tacoaleche property.
Herve Thiboutot, CEO and VP of Oro Silver states,
"Oro Silver intends to complete a systematic surface exploration program at Tacoaleche, including mapping, geochemical surveys, and drilling. The acquisition of the Tacoaleche property represents an important step in Oro Silver's growth strategy in the Zacatecas district by identifying early-stage exploration opportunities that have excellent potential to host a new discovery."
For full details of this press release, click this link [1]. To view Oro Silver's company profile, click here [2]. Follow developments in silver mining and exploration for free. Sign on to the Silver Investing Newsletter [3].
Article printed from Silver Investing News: http://silverinvestingnews.com
URL to article: http://silverinvestingnews.com/360/oro-silver-acquires-174-sq-km-of-property.html
URLs in this post:
[1] link: http://www.marketwire.com/press-release/Oro-Silver-Resources-Ltd-TSX-VENTURE-OSR-895649.html
[2] click here: http://silverinvestingnews.com/18/oro-silver.html
[3] Silver Investing Newsletter: http://silverinvestingnews.com/investing-newsletter
Copyright © 2010 Silver Investing News. All rights reserved.