Oro Silver Resources Ltd. (TSX VENTURE:OSR) reported that the company has completed clay, geophysical, structural geology, and satellite image surveys on its El Compas property within the Fresnillo Trend near Zacatecas, Mexico. The press release is quoted as saying: Oro Silver is a silver exploration company pursuing early and advanced stage silver-based opportunities in Mexico. [...]
Oro Silver Resources reports its non-brokered private placement and its corporate update. Oro Silver currently has a financial position of approximately $1.5 Million dollars in cash and account receivables; the majority of receivables include value-added taxes owed to the Company in Canada and Mexico. Oro Silver’s President, Darren Bahrey comments: “We recognize that today’s market conditions present [...]
Oro Silver Resources reports of a NI 43-101 compliant mineral resource estimate for its 51% owned El Compas mine property, Mexico. This resource reported at a 3.0 g/t gold-equivalent cut-off relates to two vein zones identified on the property located at surface, namely the El Compas and El Orito veins. The mineral resource estimation follows a 5,400 [...]
Oro Silver Resources Ltd. reports that it intends to complete a non-brokered private placement of up to 1,000,000 units at a price of $0.40 per share for proceeds of up to $400,000. The net proceeds of the private placement will be used to define silver resources and consolidate land positions at Oro Silver’s Vetagrande and El [...]
Oro Silver Resources reports its subsidiary has executed a binding Letter of Intent establishing the terms of an option to purchase six concessions from Exploraciones Del Altiplano S.A de C.V. The acquisition terms require Oro Mexico to pay US$10,000 and 75,000 common shares of Oro Silver within 10 business days after the signing of the LOI, followed [...]
Oro Silver Resources begins a 5,000-metre surface diamond drilling program at Vetagrande property, Zacatecas, Mexico. The drilling program will test targets identified by surface & underground sampling and geological mapping completed by Oro Silver in 2008. Herve Thiboutot, CEO & VP Exploration of Oro Silver, states: “We are enthusiastic about the proposed drilling at Vetagrande; our re-interpretation [...]
Overview Oro Silver Resources Ltd. is a silver exploration company pursuing early and advanced stage silver-based opportunities primarily in Mexico. The company is focused on: Developing resources and optimizing the milling processes at its El Compas and Vetagrande Mine projects in Zacatecas, Mexico Completing additional strategic acquisitions Rapidly advancing active projects towards new discoveries Oro [...]
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