Oremex Conducts Geotechnical Review of Tejamen Silver Property
Vancouver, Canada (ots/PRNewswire)
Oremex Resources Inc. (TSX-V: ORM) (the "Company") is pleased to announce that it has retained Call & Nicholas, Inc. of Tucson, Arizona, to conduct a geotechnical review of its Tejamen silver property in Mexico.
The review will provide recommendations for slope design angles for a potential open-pit operation and recommend a program for any required additional drill hole, geology and data collection. A site visit has been completed and tests will be conducted on whole core collected in the recently-completed diamond drilling program.
"This study will provide invaluable information for planning and influencing the design of the potential open pit at Tejamen. Call & Nicholas, Inc.'s expertise in geotechnical matters is well-known in the mining sector," said Linda Thorstad, CEO.
The Company's most advanced projects are its Tejamen silver property and its San Lucas polymetallic property, both located in Mexico. An independent resource study (NI 43-101 compliant) concluded that the Tejamen property contains a silver-equivalent resource of 50.8 million ounces in a total of 22.6 million tonnes, grading a silver-equivalent of 2.25 ounces per tonne (69.8 grams per tonne). An independent preliminary assessment study is underway and is expected to be completed by the end of September, 2006.
The TSX Venture Exchange has not reviewed or does not accept responsibility for the adequacy or accuracy of this 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.
Contact:
For further information: Linda Thorstad, M.Sc., P.Geo., Chief
Executive Officer, T: +1-(604)-683-5651, E: linda.thorstad@oremex.com