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Oremex Announces Partial Drill Results from San Lucas Drill Program

Geschrieben am 05.07.2007 - [Nächster Artikel]

Vancouver, Canada (ots/PRNewswire) - Oremex Resources Inc. (TSX-V:
ORM) (the "Company") announces that it has received partial results
from a recently completed 7,000 metre, 47 hole drill program at its
San Lucas Property ("San Lucas"), Durango, Mexico. The program was
designed to test extensions of mineralization both down dip and
along strike to silver-gold-lead-zinc mineralization defined in a
2005 drill program. Of the assays received to date for 37 holes, the
most significant results are contained in reverse circulation drill
holes SL-34, 35, 44, 46 and 48 as follows:


---------------------------------------------------------------------
Drill Interval Metres Ag (grams Ag (ounces
Hole (metres) (ft) per tonne) per ton) Zn (%) Pb (%)
---------------------------------------------------------------------
SL-34 12 90-102 71 2.3 0.2 0.1
---------------------------------------------------------------------
4 126-130 35 1.1 - -
---------------------------------------------------------------------
SL-35 4 60-64 116 3.7 0.6 0.6
---------------------------------------------------------------------
12 130-142 145 4.7 0.4 0.4
---------------------------------------------------------------------
SL-44 8 68-76 36 1.2 0.1 0.1
---------------------------------------------------------------------
SL-46 14 92-106 158 5.1 0.7 0.4
---------------------------------------------------------------------
Incl. 4 96-100 456 14.6 0.9 0.8
---------------------------------------------------------------------
8 154-162 290 9.3 0.4 0.3
---------------------------------------------------------------------
Incl. 2 154-156 1857 59.6 greater greater
than 1.0 than 1.0
---------------------------------------------------------------------
SL-48 4 84-88 110 3.5 0.1 0.1
---------------------------------------------------------------------


Holes SL-34, 35, 44 and 46 define an apparent extension of the
mineralized zone identified in the 2005 drill program. Hole SL-44 is
located 1.6 kilometres northeast along trend from Hole SL-2 drilled
at the northeastern limit of mineralization delineated in 2005.
Holes SL-34, 35 and 46 are located 1.3 kilometres northeast of Hole
SL-2 along the trace of the mineralized trend.

Hole SL-48, situated 550 metres northeast of SL-2, also located a
narrow zone of silver mineralization. Many of the holes drilled
contain anomalous lead and zinc values. All intercepts are reported
as drilled; true widths have not been calculated.

Reverse circulation samples were collected following standard
industry practice and were analyzed by Inspectorate America
Corporation using 30 element ICP with a fire assay technique with a
gravimetric finish for gold and silver. The majority of the San
Lucas Property remains open for exploration. Linda Thorstad, P. Geo.
is the qualified person who reviewed the technical data presented in
this news release.

The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy and accuracy of this release.

Forward-Looking Statements: The above contains forward-looking
statements that are subject to a number of known and unknown risks,
uncertainties and other factors that may cause actual results to
differ materially from those anticipated in our forward-looking
statements. Factors that could cause such differences include:
changes in world commodity markets, equity markets, costs and supply
of materials relevant to the mining industry, change in government
and changes to regulations affecting the mining industry.
Forward-looking statements in this release include statements
regarding future exploration programs, operation plans, geological
interpretations, mineral tenure issues and mineral recovery
processes. Although we believe the expectations reflected in our
forward- looking statements are reasonable, results may vary, and we
cannot guarantee future results, levels of activity, performance or
achievements.

ots Originaltext: Oremex Resources Inc.
Im Internet recherchierbar: http://www.presseportal.de

Contact:
For further information: Linda Thorstad, M.Sc., P.Geo., Chief
Executive Officer, T: +1-604-683-5651, E: linda.thorstad@oremex.com
 
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