Orex Minerals (TSX-V:REX, OTCQB:ORMNF) CEO Ben Whiting joined Proactive's Stephen Gunnion to discuss the company's focus on silver exploration in Mexico and the recent acquisition of the Valenciana project.
Orex, a member of the Belcarra Management Group, collaborates on creating junior mining companies, emphasizing exploration, and discoveries.
The Valenciana project, situated in a prolific silver trend in Mexico, holds historical data from the late 1990s, offering a promising opportunity for exploration and consolidation.
Whiting outlined Orex's plans following a $1 million private placement, emphasizing community engagement, environmental assessments, and anticipated drilling by April.
The CEO also hinted at potential opportunities beyond Mexico, with property submissions regularly evaluated. Notably, the Jumping Josephine project in British Columbia, an outlier in the portfolio, is open to potential buyers.
Orex aims to add value to projects and explore monetization opportunities. Investors can anticipate catalysts like hyperspectral imagery results, new project acquisitions, and Valenciana drilling updates.