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 reports that it has executed the formal agreement with Silvrex Ltd. on Mihuatlan property. Whereby Silvrex can acquire a 60% interest in the Mihuatlan property from Oro Silver by spending US$3.0 million on exploration at the property and issuing one million ordinary shares of Silvrex to Oro Silver over a three year period. Mr. [...]
Oro Silver Resources reports it has acquired a 51% interest in the Ana Camila claim group located adjacent to the El Compas mine in Zacatecas. Under the agreement signed in July 2007, Oro Silver has the option to purchase a 100% interest in the Ana Camila property by paying a total of US$300,000. To date Oro Silver has [...]
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 [...]
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