Orex Signs a Non-Binding Letter of Intent to Acquire 100% of the Valenciana Gold-Silver Project in Zacatecas State, Mexico
Orex’s President & CEO, Ben Whiting, P.Geo., said; “The discovery potential of the Valenciana District was recognized by geologists Perry Durning and Bud Hillemeyer back in 1996. Drilling later that year yielded excellent results, however, a worldwide exploration slowdown took place in 1997 and the main vein intercepts did not receive further work. This is an excellent opportunity to restart exploration at Valenciana.”