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AGORACOM NEWS FLASH

BREAKING NEWS!!!

Explor Intersects 2.187% Copper Over 9.66 Meters on the Chester Copper Property

  • Intersects 2.187% Copper Over 9.66 Meters
  • Chester Property is known to contain both a copper deposit and a VMS deposit
  • Copper deposit has an Open Pit resource with Measured & Indicated resource of 1,400,000 tonnes grading 1.38% Cu, 0.06% Zn & 3.5 g/t Ag and an inferred resource of 2,089,000 tonnes grading 1.26% Cu

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Hub On AGORACOM / Corporate Profile / Read Release

Message: Oremex Commits to Increased "Pure Silver" Focus

In the company's March 1 press release, it stated:

"The proposed spin-out will be accomplished through a transaction with a capital pool company (CPC) and the resulting issuer is expected to be renamed Oremex Gold Inc. Oremex Gold plans a concurrent $3 million equity financing via private placement."

Good to see that has now been bumped to $5M. Have to conclude demand was stronger than expected, which is a good sign.

I'm long Oremex Resources ... Soon to be Oremex Silver .... Which will own a significant chunk of Oremex Gold.

Regards,

George

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