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OAG: TSX-V
[email protected] | www.oremexsilver.com
Oremex Silver Inc. is a Canadian company focusing on the exploration and development of silver projects along the highly productive mineralized belt in Mexico. The Company has a portfolio of silver Projects with an inferred mineral resource of 50.8 million ounces of silver at its Tejamen deposit. All of Oremex Silver projects are located in democratic, mining-friendly jurisdictions with the Management Team having a successful track record of mine building in Mexico.
Investor Highlights
- Developing projects along the highly productive mineralized belt that made Mexico the largest silver-producing country in the world
- Portfolio of Silver projects includes 50.8M oz. compliant resource with P.E.A.
- Experienced Board and Management Team with a successful track record of mine building in Mexico with seasoned ability for new project evaluation / acquisition
- All projects are in mining, capital-friendly jurisdictions with infrastructure in place
- Completed a spin-out of gold assets into Oremex Gold Inc. (OAU – TSX.V), plan to distribute shares to Oremex Silver shareholder
Oremex Silver Project Locations
Oremex Silver Project Overview
TEJAMEN(Durango State)
- Flagship property with 50.8 Moz 43-101 Compliant resource with P.E.A
- Viability of open pit, heap leach operation (Snowden Report, ‘06)
CHALCHIHUITES (Zacatecas State)
- Located in prolific silver producing district
- Skarn and CRD manto system with past production of high-grade, silver-zinc-lead
- On Strike with First Majestic Silver’s (NYSE: AG) Del Toro Project
SAN LUCAS (Durango State)
- Similar geology as Tejamen but with base metals
- Further drilling to establish resource and follow up high grade zones, 1,856 g/t silver
EL SOL (Durango State)
- Potential for silver-rich, base metal skarns
- Adjacent to Southern Silver’s Cerro Las Minitas
TEJAMEN PROJECT
- Key Silver valuation component and Flagship Project
- Oremex Silver owns 100% Mineral Rights
- Surface Access to be negotiated shortly
Wardrop Report (2006) defines 50.8Moz silver
Snowden Report (2006) outlines viability of open pit, heap leach operation
- 10,000 TPD
- Estimated CapEx USD $45 million
- 2:1 strip ratio
- 3.5 - 4.0Moz silver per year
- Operating cost scenario of $5.75/tonne
- Cash operating cost of $4/oz Ag
36,318m of drilling completed
- Identified two primary targets: Los Mantos and Cerro Prieto
Block model shows Los Mantos remains open to the south and east
Significant exploration upside in feeder veins beneath both Los Mantos and Cerro Prieto deposits
- Grades to 6m of 1,400 g/t silver, with about 5% lead & zinc
Easily accessible with infrastructure in place and labour near by
Tejamen Site Map
CHALCHIHUITES PROJECT
- Located on the north edge of the Chalchihuites silver district where historic, high-grade silver, lead and zinc production came from veined manto deposit
- Four concessions total 48.2 hectares
- Initial 4 hole, 524 meter underground drill program commenced September 201
- The Company identified numerous drill targets, one of which is now being drilled at shallow levels from underground, based on the surface and underground mapping and sampling
- The surface and underground mapping and sampling yielded values up to 3,540 g/t silver
- Mineralization is hosted by two parallel, silver, gold, and base metal mineralized shear zones, separated by approximately 100 meters, and hosted by a granodiorite stock in rhyolite dikes and in limestone adjacent to the stocks.
- The shear zones have been traced for 300 meters and 75 meters along strike length.
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Active companies in the area include First Majestic Silver Corp. and Pan American Silver
- Veins, breccias and mantos on Chalchihuites project are similar to those of First Majestic and Pan American Silver
MANAGEMENT TEAM & BOARD OF DIRECTORS
John Carlesso – Executive Chairman
Michael R. Smith, R.G. – President and CEO
David Prins – Director
David A. Terry – Director
Chris Marcus – Director
Dr. Ruben Shiffman - Chairman, Mexican Advisory Committee
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