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Nayarit Intersects 25.91m of 3.33 g/t Gold and 272 g/t Silver

Posted by AGORACOM at 9:47 AM on Tuesday, April 21st, 2009

  • Reports additional drill results from its 30,000 metre Phase II drill program at the Orion District in the State of Nayarit, Mexico.

  • Hole OR-09-193 recorded 25.91 metres of 7.86 g/t gold equivalent or 472 g/t silver equivalent (3.33 g/t gold and 272 g/t silver)

  • Hole OR-09-200 recorded 12.19 metres of 8.51 g/t gold equivalent or 511 g/t silver equivalent (3.39 g/t gold and 307 g/t silver)

Flagship Property

The Orion Project lies in the Sierra Madre Occidental, a prolific mining district in northern Mexico. The project hosts a series of old high-grade silver and gold mines, all of which lie in an east-west vein system. This vein system may be an unrecognized bonanza silver-gold district, similar to other Ag-Au bonanza epithermal vein districts of Western Mexico, such as Tayoltita District. Early results from Phase I drilling on the Animas Vein are pointing to bonanza potential. These types of mineral systems can extend for considerable distances and up to 1000 metres depth.

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