Mexico-focused Orex Minerals Inc (CVE:REX) declared itself "very pleased" with results from latest step-out drilling at the Sandra Escobar project in Durango, Mexico, which included an impressive intercept of 46 metres at 156g/t silver.
The programme of diamond drilling at the property, which is being progressed under an option deal with Canasil Resources Inc (CVE: CLZ)is now complete and today's results are from eight holes.
A highlight was in a step-out hole, 350 metres west of the Main Zone, which yielded 46 metres length grading 156 g/t silver, starting from surface.
Within this, there was a sub-interval of 8 metres at a grade of 282 g/t silver, the firm said.
Two test reconnaisance holes, SA-16-037 and 038, were drilled in the Burro Zone, the first holes there, 350 metres west of the Main Zone, both of which yielded good silver grades.
The Main Zone is still open to the south and west.
President Gary Cope said: "We are very pleased with the new results from step-out drilling, particularly in the Burro Zone.
"Silver mineralization starts right from surface and is of similar style and thickness. The next phase of drilling will include more holes in this zone."
Sandra Escobarct consists of 6,976 hectares and covers multiple mineralized epithermal quartz veins and breccia structures.
It lies in the heart of the "Mexican Silver Trend", which hosts some of the world's largest silver camps and deposits, including Fresnillo, Guanajuato, La Pitarrilla, La Preciosa, Real de Angeles and Zacatecas.
Orex has several projects - the Coneto Gold-Silver Project in Durango, Mexico, a joint venture with Fresnillo PLC (LON:FRES), the Jumping Josephine Gold-Silver Project in British Columbia, Canada.
The newest site is this Sandra Escobar Silver Project in Durango, Mexico, with Canasil Resources Inc.