YeOldGoldNugget's Blog Spot

Tuesday, March 31, 2009

Orko Silver Corp. Acquires 100% of San Juan

By 79Atoms on Tuesday, March 31, 2009

March 31, 2009
Orko Silver Corp. Acquires 100% of San Juan

(Read original article here.)

VANCOUVER, British Columbia - Orko Silver Corp. ("Orko") -- (TSX.V - OK) announces that it has signed an agreement with Silver Standard Resources Inc. to acquire a 100% interest in the San Juan Property located immediately west of Orko Silver's La Preciosa project.

The terms of the agreement provides for the transfer of the remaining 25% interest not currently controlled by Orko Silver for the lump sum purchase price of US $250,000, such sum to be paid by the issuance of Orko Silver capital stock, each share having an attributed value of CA $1.03. The agreement is subject to approval by the TSX Venture Exchange, and the issued shares will be subject to a four month plus one day resale restriction under applicable securities laws in Canada and any other resale restrictions that may be imposed by the TSX Venture Exchange.

Gary Cope, President of Orko, states that "We are extremely pleased to have reached this agreement with Silver Standard to enhance and consolidate our property holding immediately west of La Preciosa. We believe that this acquisition will be of great benefit to Orko Silver shareholders".

About Orko Silver Corp.

Orko Silver Corp. is developing one of the world's largest primary silver deposits, La Preciosa, located near the city of Durango, Mexico.

ON BEHALF OF THE BOARD OF DIRECTORS

Gary Cope
President

For further information, contact Orko Silver Corp. at (604) 684-4691 or Via email or visit our website on line at www.orkosilver.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for this News Release. This News Release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Orko relies upon litigation protection for forward-looking statements.

*Cautionary Note to U.S. Investors -- The United States Securities and Exchange Commission permits U.S. Mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms in this press release, such as "measured", "indicated", and "inferred" resources, which the SEC guidelines strictly prohibit U.S. registered companies from including in their filings with the SEC. U.S. Investors are urged to consider closely the disclosure in our Form 20-F, File No. 000-51923, which may be secured from us, or from the SEC's website at http://www.sec.gov/edgar.shtml.

Links of interest

Saturday, March 28, 2009

F.A.Q. - Frequently Asked Questions

By 79Atoms on Saturday, March 28, 2009

October 16, 2009

Orko Silver – Frequently Asked Questions (FAQ)

Direct download to this pdf from the Orko Silver Corp company website.

There was and still exists confusion surrounding the details of the Joint Venture with Pan American Silver announced on April 14, 2009. Lingering questions remain regarding the terms of the Joint Venture. In an effort to respond to those questions, we have prepared this Frequently Asked Questions (FAQ). The most commonly asked questions were:

Is Orko giving Pan American a 55% interest in La Preciosa by spending US $16 million?

No. We are of the opinion that the confusion surrounding the News Release can be attributed to its length and lack of clarity in the text of the news release itself. People do have a tendency to focus in on a few facts and key in on them. The text of the April 14th, 2009 News Release stated: "Pan American will contribute its demonstrated mine development expertise, as well as 100% of the funds necessary to develop and construct an operating mine", not just the $16 million that most people have asked about. The $16 million is an estimate of the costs involved to complete a feasibility study. They do not earn their 55% until they build the mine/mill and we are in commercial production.

The News Release only mentions the 55% and $16 million, why wasn’t a figure for commercial production mentioned?

The other sum, the mine/mill construction, cannot be determined until the feasibility study is completed. One of the principal purposes of a feasibility study is to determine what it will cost to put a mine into production. Therefore there is no way we could state a figure for the mine construction in the News Release as it is not known right now. A 3,000 tonne/day mine could cost an estimated $150 million, a 5,000 t/d mill could cost an estimated $240 million so there is no way we can say what it will cost until the feasibility study determines the mill throughput which then dictates the capital costs. However, we will be releasing what is called a Preliminary Economic Assessment (also known as a Scoping Study) early in the new year which is a preliminary economic study on what could be a possible economic scenario at La Preciosa.

How will commercial production be financed?

Pan American Silver has to finance the construction of the mine/mill and achieve commercial production to earn their 55% regardless of whether it costs $150 Million or $240 million.

Does Pan American have the ability to finance the project to production?

Pan American has the financial capabilities to finance the 3,000 t/d mine construction out of cash on hand without financing should they choose to do so but will like need to get some top up financing for a larger mine operation. They have significant cash flow so should easily be able to do any sort of financing should they need to do so.

If Orko Silver had to say 'finance $200 million for production', would it not mean significant dilution to current shareholders?

Yes, if we had to finance production. But with this agreement Pan American carries the entire costs to commercial production and we end up owning 45% of a producing mine without having any further dilution of Orko Silver shares. Yes, we give up 55% but if we would have to finance this to production ourselves, we would have to create a mining team (we are explorationists) and likely have to issue ~250 million more shares plus find a brokerage firm or bank to finance this to production. Given the global credit crisis and how difficult it is right now to get any serious financing done, this is a great deal for Orko Silver shareholders. Will the same financing hurdles be in place in 2-3 years from now when this mine might be ready for a production decision, who knows? By entering into this agreement, we took significant financing and dilution risk off the table for Orko Silver’s shareholders.

On the dilution element, does this mean that present shareholders don't suffer further dilution beyond the 4 million in new shares for the Pan American private placement?

There should be no more shareholder dilution beyond the 4 million new shares of Orko Silver issued to Pan American in exchange for $5 million. Note that the private placement to Pan American was done at a significant premium to the market. There could be further dilution should the Board of Orko Silver decide to aggressively acquire & explore a new project. We are looking at projects all the time and if we found something that might fit with Orko; we might consider acquiring an additional asset for the benefit of our shareholders. Make no mistake; our focus is still La Preciosa.

With regard to the Private Placement with Pan American, what does "certain anti dilution clauses" mean?

Our deal allows Pan American to maintain their present percentage interest, 3.5%, so if we do a new equity issue such as for the scenario we described above, Pan American can participate in that financing to maintain their 3.5%. This is not a gift; they have to buy their shares at the same price as the issue price.

With Pan American as operator, will there still be regular exploration news and further resource estimates?

One of the concerns shareholders may have is that there will be no news because Pan American is now operator. That is incorrect, we will still be drilling and as such there still will be regular news releases as we are obliged to continue announce the results. However, there may not be exactly the same approach as when we were aggressively drilling. Pan American has two mandates, to complete a feasibility study with infill drilling and secondly to continue the exploration of La Preciosa. That will also mean that there should also be another resource estimate. In the meantime as PAA has been getting very active at La Preciosa, news releases are beginning to flow with the results.

Is the JV covering all Orko property/mineral occurrences/silver deposits or just Martha or just La Preciosa but not Santa Monica and San Juan?

The JV covers all properties including San Juan & Santa Monica. Everything in the current land package is a part of the new joint venture. If we find new deposits in the exploration (which is being fully funded by Pan American), it will benefit us as the amount of ounces will increase and improve the bottom line for both parties.

Why wouldn't Pan American just buy Orko Silver?

At this point in time, Pan American will be focused on developing and delivering a feasibility study and then building a mine/mill. Until we get through the feasibility process, we doubt they will need to be aggressive towards us on the chance that the conditions at the time the mine goes into production do not favour a complete takeover. However, two years from now, if we are in a robust economy we would not be surprised if someone makes a friendly move to acquire us. We are hoping that no other company tries to acquire us right now as we strongly believe that are shares are undervalued based on the term of this JV with Pan American, i.e. a full carried interest to production.

What is the cost/consequence to Pan American or Orko Silver if either party wants to leave the Joint Venture?

If Pan American walks before completing a feasibility study, they get nothing. If they have spent the $16 million and deliver a positive feasibility study but decide that the economy at that time doesn't justify mill construction, they give the property back to us, we owe them $8 million which we can pay out of production proceeds or they get a 1.5% NSR until we pay out the $8 million. If they partly build the mill and walk, all they get back is that $8 million and/or the 1.5%NSR as just discussed. There is no reason Orko Silver would walk, we have a free ride to production so there is no need for us to walk. If our team moves to another project, La Preciosa still continues along and we still have our carried 45% interest.

Short term, you will carry-on drilling, right?

Yes, Orko Silver will be involved with all the drilling and in particular, the exploration drilling. We have a technical committee in place that directs the exploration. There will be two company representatives from both companies on the committee. Orko Silver will submit a budget to Pan American for exploration drilling and direct all that exploration. Pan American will complete the necessary infill drilling they need to complete their feasibility study. The Orko Silver technical team will continue as is although Pan American has added some additional geologists. Our initial exploration targets will be Martha North, Martha South and Nancy Vein. The results of that drilling will determine where the next round of drilling may take place. We may not actually leave those three areas if the results are good enough.

Now that we can see the 'light at the end of the tunnel', when do you expect your first sales of silver? 2012?

We are hopeful for 2012. Pan American has indicated that they plan to aggressively attack this project so they may be in a position to get through the feasibility study step sooner and therefore begin construction earlier. Time will tell on that issue.

YeOldGoldNugget's links of interest

Wednesday, February 18, 2009

Orko Silver Increases and Upgrades La Preciosa Resource Estimate

By 79Atoms on Wednesday, February 18, 2009

February 18, 2009

Orko Silver Increases and Upgrades La Preciosa Resource Estimate

(Read original article here.)

VANCOUVER, British Columbia - Orko Silver Corp. (TSX.V - OK) -- is pleased to release the latest resource estimate for our La Preciosa silver deposit located in Durango, Mexico. This independent resource estimate has been completed by Mine Development Associates (MDA) of Reno, Nevada. MDA has stated that the La Preciosa deposit now comprises 47% Indicated Resources and 53% Inferred Resources. The current resource estimate is based on all of Orko's drilling, including the 2008 drilling of an additional 205 holes (79,021m).

Previous resource estimates completed at La Preciosa all contained Inferred Resources only. The last resource estimate, of March 31, 2008, outlined an estimated Inferred Resource of 15.35 million tonnes grading 0.321 g/t Au and 190.0 g/t Ag at a cut-off grade of 100 g/t for a Silver-Equivalent grade of 209.2 g/t. Contained metal in the Inferred Resource equaled 93.7 million oz Silver and 158,000 oz Gold, totaling 103.2 million oz Silver Equivalent*.

Gary Cope, President of Orko, adds: ""It has been very rewarding to have watched La Preciosa grow from a "Grassroots" exploration play, into one of the top new silver discoveries in the world. This resource increase when combined with the upgrade of 47% of the total ounces to the "Indicated" category gives us the confidence that we are well on our way to demonstrating the potential for another large silver mine in Mexico. Our immediate plans include continuing with our delineation of the Martha Vein, including infill drilling and to begin the drill testing of other targets such as Nancy, El Orito Norte and El Vaquero."

In total, eight veins were modeled including the Martha Vein, which dominates the resource. In the process of modeling, lithological units were differentiated which helped in establishing the orientation and continuity of the individual veins. Using geological data along with the metal grades, it was possible to establish continuity of mineralized zones of stockwork, breccia, veins, and veinlets. The high-grade veins within these zones were segregated and modeled. All zones and veins were modeled into a three dimensional solid. Once defined, statistics of each domain and each vein were evaluated separately, and capping was carried-out individually for each vein and domain. The sample data was then composited to three-metre intervals. Grade continuity was evaluated separately for each vein and domain. Inverse distance squared estimation was used. A cut-off grade of 100 g/t was selected by MDA. Classification into Indicated and Inferred was dependent upon the vein continuity, geological continuity and proximity to the closest drill hole, as well as the number of samples and the number of drill holes used in the individual blocks.

All reported resources lie within the modeled veins. The reported resource estimate is undiluted using a 60:1 gold to silver ratio with no metallurgical extractive factors applied. The QA/QC work demonstrates reliability of the analytical data and the auditing of the database has shown it is accurate.

Of particular note are the resources contained within the Martha Vein, as outlined in the following table:

Steve Ristorcelli, R.P.Geo. of MDA is the Qualified Person who takes responsibility for the resource disclosure component in this news release.

A complete table of the current resource estimate is available on our website at the link below:

http://www.orkosilver.com/i/pdf/resourceestimate.pdf

Subsequent to the issuance of the resource estimate, a Preliminary Economic Assessment will also be completed by MDA.

The Company is now in possession of final analytical results from the completion of all 354 drill holes at La Preciosa. The Martha Vein oriented drilling program has extended the mineralization in a SSE direction. The Company's geologists have noted a drop in the silver values to the southeast, where drilling has taken place on the periphery of a small Quaternary basaltic volcano. In this area, the Martha vein is thick and strong and this will be one the areas where future drilling will be carried out.

The following table summarizes the result of the balance of the drill holes drilled in 2008. Of particular note is a high-grade intercept for the Martha Vein in hole BP08-319, located on the eastern side of the mineralized trend. Hole BP08-319 yielded a true thickness of 3.57 metres grading 0.184 g/t gold and 257.8 g/t silver for a silver-equivalent of 268.8 g/t. Also of interest is hole BP08-339A which yielded 7.36 metres grading 1.265 g/t gold and 123.5 g/t silver for a silver-equivalent of 199.3 g/t.

Key Martha Vein intercepts added for this release:

Drill holes along the periphery, or which did not reach thickness and/or grade cut-offs, include BP08-307, -308, - 309, -313, -314, -315, -316, -317, -321, -322A, -323, -327, -328, -329, -330, -332, -333, -334, -335, -336, -337, -338, -340, -341, -342, -344, -345, -346, -347, -349, -350, -351, -352, -353, 354. Some of these holes cut significant thicknesses of the Martha vein, wherein low grades were encountered. While not making the underground cut-off grade, they may be considered for future open-pit potential studies.

The Company remains extremely optimistic about its future prospects at La Preciosa. For 2009, Orko Silver plans to carryout in-fill drilling that will allow the Company to increase the resource confidence of the Martha vein, as well as drill testing along the extensions of the other known vein trends, within the overall extensive property package.

A complete table of drill results is available on our website at the link below:

http://www.orkosilver.com/i/pdf/drillresults.pdf

A detailed drill plan map is available on our website at the link below:

http://www.orkosilver.com/i/pdf/drillplanmap.pdf

All 2008 holes were started in HQ-size core, with reduction to NQ-size core at approximately 260 metre down hole depth. Drill core is logged by geologists who mark sample locations according to lithological/alteration changes. The individual samples are taken over core lengths always less than or equal to two metres and commonly less than a metre. The core is cut in half with a diamond saw. One-half of the core is stored in the original core boxes in core storage buildings on site. The other half of the cut core sample is placed in sample bags and transported by Orko personnel to the SGS Mineral Services or Inspectorate labs in Durango, Mexico for sample preparation and analysis.

Full details of the Company's sampling protocols and QA/QC program can be located at our website at the link below:

http://www.orkosilver.com/s/QAQC.asp

George Cavey, P.Geo., is the Qualified Person and takes responsibility for the overall technical disclosure in this news release. These resource estimates are classified as Indicated and Inferred Mineral Resources, consistent with the CIM definitions referred to in NI 43-101. This estimate will be filed in a technical report, compliant with NI 43-101 on SEDAR within 45 days. Mineral resources, which are not mineral reserves, have not demonstrated economic viability. Orko is not aware of any environmental, permitting, legal, title, taxation, socio-political, marketing or other issues, which may materially affect its estimate of mineral resources.

George Cavey, P.Geo. is the Qualified Person and takes responsibility for the technical disclosure in this news release. Full details of the Company's sampling protocols and QA/QC program can be located at our website at the link below:

http://www.orkosilver.com/s/QAQC.asp

*Silver-equivalent, for the purposes of this resource estimate, was defined as the silver grade plus 60 times the gold grade. The reported numbers are for in situ metal content without consideration of metallurgical recoveries and net smelter returns.

A printer friendly PDF format of this news release is available at the link below:

http://www.investorhub.ca/orkonews18022009.pdf

About Orko Silver Corp.

Orko Silver Corp. is a professional exploration company with an increasing silver resource. Orko Silver's principal project, La Preciosa, located near the city of Durango, Mexico, is an advanced silver and gold project. Two additional projects include the Santa Monica east of La Preciosa and the San Juan west of La Preciosa.

ON BEHALF OF THE BOARD OF DIRECTORS

Gary Cope
President

For further information, contact Orko Silver Corp. at (604) 684-4691 or
Via our website at www.orkosilver.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for this News Release. This News Release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Orko relies upon litigation protection for forward-looking statements.

*Cautionary Note to U.S. Investors -- The United States Securities and Exchange Commission permits U.S. Mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms in this press release, such as "measured", "indicated", and "inferred" resources, which the SEC guidelines strictly prohibit U.S. registered companies from including in their filings with the SEC. U.S. Investors are urged to consider closely the disclosure in our Form 20-F, File No. 000-51923, which may be secured from us, or from the SEC's website at http://www.sec.gov/edgar.shtml.

YeOldGoldNugget's links of interest

Wednesday, January 7, 2009

Orko Silver Provides 2008 Year End Summary

By 79Atoms on Wednesday, January 07, 2009

January 07, 2009.

Orko Silver Provides 2008 Year End Summary

(Read original article here.)

VANCOUVER, British Columbia - Orko Silver Corp. ("Orko") (TSX.V - OK) -- The Company wishes to provide a year end summary and update of activities planned for 2009.

Calendar Year 2008 represented a significant expansion of the Martha Vein with four diamond drills turning until October when the Company cut back to two drills in order to preserve working capital. All drills were idled in early December, with present plans to resume drilling early in 2009, subsequent to the issuance of the Company's upcoming sixth resource estimate being conducted by Mine Development Associates of Reno, Nevada (MDA), and incorporating their recommendations for ongoing drill testing.

During 2008, Orko Silver drilled over 70,700 metres at La Preciosa bringing the total drilled to date to over 146,000 metres in 366 holes. All drilling was conducted by Major Drilling International under the direction of Orko Silver.

Orko released its fifth NI 43-101 compliant resource estimate during 2008, which demonstrated an increase in the resource at La Preciosa by approximately 30% to 103.2 million Silver-equivalent ounces. The independently verified estimate, announced on March 31st, 2008, concluded that work to date on the property had outlined an estimated Inferred Resource of 15.35 million tonnes grading 0.321 g/t Au and 190 g/t Ag at a cut-off grade of 100 g/t for a Silver-equivalent grade of 209.2 g/t, and equaling 3,211 million grams Ag-Eq or 103.2 million oz Ag-Eq.*

The mineral resource estimate was based on assay results from diamond drill holes
BP05-01 to BP07-149 plus seven extensions of holes previously drilled on La Preciosa Ridge. Average drill-hole spacing approximates 100 metres. Not all of the holes were used in the resource estimation as a number of holes tested targets outside the defined resource block. Orko is pleased to have added over 30 million ounces to the resource estimate which included assay data from an additional 36 holes of drilling since the previous estimate in October 2007. The Martha Vein accounted for all of the additional ounces added and now represents 56% of the total resource at La Preciosa. The Martha Vein has an average true thickness of 9.92 metres.

During 2008, Orko Silver also retained Mine Development Associates of Reno, Nevada to complete an independent resource estimate. This sixth resource estimate, initially scheduled for completion in the 4th quarter 2008, has been delayed until early 2009, so that additional metallurgical testing of the Martha Vein can be completed and missing information can be gathered, all with the expectation of upgrading the resource classification.

The final product will be a 3D block model including detailed recommendations for the next stage of drilling. Subsequent to the issuance of the MDA results, a Preliminary Economic Assessment analysis will be completed.

The Martha Vein oriented drilling program has extended the mineralization in a SSE direction, toward the La Preciosa/ Santa Monica Property boundary. The Company's geologists have noted a drop in the silver values to the southeast, where drilling has taken place on the periphery of a small Quaternary basaltic volcano. Here Martha vein thickness remains strong.

A similar depletion in grade is also noted along the southern boundary of a second basaltic volcano along the northern boundary of Martha drilling. Our technical team now believes that heat from the emplacement of the northern volcano may have remobilized and caused the pooling of silver-bearing fluids into large mineralized zones, as seen in the vicinity of hole BP07-71ext (20m of 460 g/t Ag Eq) and hole BP07-75ext (40m of 260 g/t Ag Eq) as well as a number of other thick intercepts where our best portion of the current resource estimate lies. A similar scenario may be in place in the southeast in the vicinity of the second volcano. Orko geologists plan to test this theory in 2009 by drilling wider spaced holes south and southeast of the southern volcano, toward definition of richer areas of silver concentration.

The Company remains extremely optimistic about its future prospects at La Preciosa. For 2009, Orko Silver plans to carryout in-fill drilling that will allow the Company to increase the resource confidence of the Martha vein, as well as drill testing along the extensions of the other known vein trends, within the overall property package.

A printer friendly PDF format of this news release is available at the link below:

http://www.investorhub.ca/orkonews07012009.pdf

George Cavey, P.Geo. is the Qualified Person and takes responsibility for the technical disclosure in this news release. Full details of the Company's sampling protocols and QA/QC program can be located at our website at the link below:

http://www.orkosilver.com/s/QAQC.asp

*Silver-equivalent, for the purposes of this resource estimate, was defined as the silver grade plus 60 times the gold grade. The reported numbers are for in situ metal content without consideration of metallurgical recoveries and net smelter returns.

About Orko Silver Corp.

Orko Silver Corp. is a professional exploration company with an increasing silver resource. Orko Silver's principal project, La Preciosa, located near the city of Durango, Mexico, is an advanced silver and gold project. Two additional projects include the Santa Monica east of La Preciosa and the San Juan west of La Preciosa.

ON BEHALF OF THE BOARD OF DIRECTORS

George Cavey
Vice-President Exploration

For further information, contact Orko Silver Corp. at (604) 684-4691 or
Via our website at www.orkosilver.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for this News Release. This News Release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Orko relies upon litigation protection for forward-looking statements.

*Cautionary Note to U.S. Investors -- The United States Securities and Exchange Commission permits U.S. Mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms in this press release, such as "measured", "indicated", and "inferred" resources, which the SEC guidelines strictly prohibit U.S. registered companies from including in their filings with the SEC. U.S. Investors are urged to consider closely the disclosure in our Form 20-F, File No. 000-51923, which may be secured from us, or from the SEC's website at www.sec.gov/edgar.shtml.

YeOldGoldNugget's links of interest

Thursday, January 1, 2009

Deutsche Anleger

By 79Atoms on Thursday, January 01, 2009

Hier der Link zum original :
http://www.orkosilver.com/s/RelatedArticles.asp

Orko Silver Corp. (TSX Venture Exchange: OK.V, WKN: A0J KUL) fokussiert sich auf die Ressourcenexploration und --entwicklung von Silber und Gold in Mexiko. Das Unternehmen besitzt eine große Landposition im Bundesstaat Durango, einer historisch sehr reichen Silberbergbau-Region entlang der Sierra Madre Occidental Berge. Das Unternehmen hat mit drei Hauptprojekten zu tun: La Preciosa, Santa Monica und San Juan. Orko gehören 100 % der Anteile am La Preciosa Projekt, am angrenzenden Santa Monica Projekt kann man 75 % von Goldcorp (NYSE: GG) durch die Investition von 1,5 Mio. US $ in Exploration erhalten. Das Unternehmen hat weiterhin eine Optionsvereinbarung zum Erwerb von 75 % der Anteile am angrenzenden San Juan Projekt von Silver Standard Resources Inc. (NASDAQ: SSRI), indem man 750.000 $ in die Exploration investiert.

Das Unternehmen hat seine meiste Aufmerksamkeit seinem La Preciosa Projekt gewidmet. Am 31. März 2008 gab Orko seine 5. NI 43-101 konforme Ressourcenschätzung bekannt, die eine abgeleitete Ressource von 15,35 Mio. t mit 0,321 g/t Gold und 190,0 g/t Silber bzw. 209,2 g/t Silberäquivalent auswies. Der Mindestgehalt (cut-off) beträgt 100 g/t. Das enthaltene Metall entspricht 93,7 Mio. oz Silber und 158.000 oz Gold oder 103,2 Millionen Unzen Silberäquivalent*. Die Lagerstätte besteht aus mehreren Adern und bleibt im Verlauf und zur Tiefe hin offen.

* Geschätzt bei einem Silber-Gold-Verhältnis von 60:1, Metall- und Schmelzausbeuten werden mit 100 % angenommen.

Von seinem Erfolg auf La Preciosa ermutigt, bohrt das Unternehmen weiter mit 4 Diamantbohrgeräten 24 h pro Tag und 7 Tage die Woche.

Die 5. Ressourcenschätzung des Unternehmens basierte nur auf 156 von 220 bis dato gebohrten Löchern. Orko wird einen konstanten Fluss an Nachrichten mit Probenergebnissen der schon gebohrten Löcher veröffentlichen sowie auch über das laufende Bohrprogramm, darunter die Folgearbeiten an der entdeckten Martha Ader, berichten. Die Martha Ader hat zur aktuellen Ressourcenschätzung wesentlich beigetragen.

Eine neue Ressourcenschätzung wird für das 3. Quartal 2008 erwartet.

Orko Silver Corp. exploriert auch seine Santa Monica und San Juan Projekte. Beide Projekte liegen angrenzend zu La Preciosa und haben beeindruckende geologische Charakteristika. Es besteht exzellentes Potential, dass sie ähnliche epithermale Systeme wie auf La Preciosa beherbergen.

Links zu interessanten Artikeln über Orko Silver Corp.

November 03, 2008
Deutsche Präsentation

File: http://www.orkosilver.com/i/pdf/OrkoDEU1108.pdf
2533 KB, approx. 7 minutes, 53 seconds at 56.6Kbps

October 29, 2008
Börse New York- Silberader

File: http://www.orkosilver.com/i/pdf/BNY2908.pdf
190 KB, approx. 36 seconds at 56.6Kbps

October 01, 2008
Beta Faktor Ausgabe 40/08b

File: http://www.orkosilver.com/i/pdf/BF-4008b.pdf
161 KB, approx. 31 seconds at 56.6Kbps

September 23, 2008
Beta Faktor Ausgabe 39/08a

File: http://www.orkosilver.com/i/pdf/BF-3908a.pdf
54 KB, approx. 11 seconds at 56.6Kbps

August 28, 2008
Beta Faktor Ausgabe 35/08b

File: http://www.orkosilver.com/i/pdf/BF-3508b.pdf
589 KB, approx. 1 minute, 51 seconds at 56.6Kbps

July 24, 2008
Beta Faktor, Ausgabe 30/08b

File: http://www.orkosilver.com/i/pdf/BF-3008b.pdf
146 KB, approx. 28 seconds at 56.6Kbps

July 03, 2008
Beta Faktor, Ausgabe 27/08b

File: http://www.orkosilver.com/i/pdf/BF-2708b.pdf
193 KB, approx. 37 seconds at 56.6Kbps

March 27, 2008
Beta Faktor, Ausgabe 13/08b

File: http://www.orkosilver.com/i/pdf/BF-1308b.pdf
137 KB, approx. 26 seconds at 56.6Kbps

March 13, 2008
Beta Faktor, Ausgabe 11/08b

File: http://www.orkosilver.com/i/pdf/BF-1108b.pdf
140 KB, approx. 27 seconds at 56.6Kbps

YeOldGoldNugget's links of interest

Monday, August 18, 2008

Orko Silver Stockchart

By 79Atoms on Monday, August 18, 2008

Orko at Stockcharts.com

Friday, September 9, 2005

Corporate Directory

By 79Atoms on Friday, September 09, 2005

Mailing Address: Orko Silver Corporation

Address:
1180 - 999 West Hastings Street
Vancouver, BC
Canada V6C 2W2

Home Phone: +1.604.687.6310
Home Fax: +1.604.687.6365

Corporate Overview

By 79Atoms on Friday, September 09, 2005

Overview

Orko is a silver explorer with a large land position in an historic silver mining region in Durango State, Mexico. All three projects are located on large contiguous mineral concession packages. This is home to several mines including Hecla's San Sebastian Mine; which has had annual production of up to 2.8 million ounces of silver.

1. Orko controls 100% of its "La Preciosa" project.

Orko has conducted geological mapping, geophysical testing and has systematically drilled a portion of the known strike length of epithermal silver-gold veins on the property. Two of the veins, La Gloria and Abundancia, have been drill tested each along 1.2 km strike length which established the first NI 43-101 compliant Inferred Resource Estimate released on January 19th, 2006. Data from 26 drill holes totaling 11,579 metres form the basis of an Inferred Resource of 2.72 million tonnes grading silver 227.2 g/t and gold 0.464 g/t, for a silver-equivalent grade of 255 g/t. Contained metal in the Inferred Resource equals 618 million grams silver (19.9 million ounces silver) and 1.26 million grams gold (40,400 ounces gold) for a silver-equivalent content of 694 million grams (22.3 million ounces silver-equivalent).

The second NI 43-101 compliant Inferred Resource Estimate was released on September 7th 2006. This Resource Estimate was based on the first 24 holes drilled by Orko in 2005 and 7 historical holes from 1981-82. Using the identical methodology and adding the results of the 7 historical holes plus another 7 holes for a total of 38; an Inferred Resource Estimate of 3.42 million tonnes grading 235.0 silver grams per tonne (g/t) and 0.435 gold g/t, for a silver-equivalent grade of 261.1 g/t. This represents a significant increase of 30% in the contained silver-equivalent metal content to 892 million grams (28.7 million ounces).

The third NI 43-101 compliant Inferred Resource Estimate was released on March 13th 2007; and is based upon assay results up to and including 79 of 111 drill holes on La Preciosa Ridge. An Inferred Resource of 4.39 million tonnes grading 229.9 silver grams per tonne (g/t) and 0.396 gold g/t, for a silver-equivalent grade of 253.7 g/t. This represents a contained silver-equivalent metal content of 1,114 million grams (35.8 million ounces).

The resource estimates have been prepared on vertical longitudinal sections for each vein, with changes in dip of veins taken from 100 metre cross sections for volumetric adjustments. On the longitudinal sections, multiple ore-shoot locations were interpreted, defined by structure and underground sampling utilizing minimum cut-offs of 150 g/t Ag-Eq. Veins on "La Preciosa" have been traced for 5 kilometres north-south, as well as multiple east-west veins. Veins include Abundancia, La Gloria, Luz Elena, Carmen, Esperancita, Transversal, Incognita, Nueva, Sur, Ramal Sur, El Orito, El Orito Norte, Zona Sur, Nancy, Martha etc... Currently, less than 30% of the targets have been drilled and only to a true depth of 340 metres. The deposit, consisting of multiple veins, remains open along strike and at depth.

Drilling is underway using 2 rigs, working 7 days a week, 24 hours a day. Orko is presently drilling holes 112 and 113. So far, over 45,000 metres of drilling has been completed to date. The Company will be releasing a new resource estimate by the end of Q3 2007.

2. A larger mineral concession land package to the north and east, called "Santa Monica" project, has also been optioned from Goldcorp. Under the terms of the Joint Venture Agreement, Orko Silver can earn a 75% interest in the project by incurring US $1.5 Million on exploration expenditures over a 5 year period. This is a more preliminary exploration project, containing float boulders of epithermal style silver-gold mineralization. Soil and quartz float surveys have been completed. Currently, Geophysics is being conducted and exploration is set to begin in the near future.

3. To the west of "La Preciosa" and "Santa Monica" is the large mineral concession property called the "San Juan" project. An agreement has been reached with Silver Standard to option this land package. Orko can earn a 75% interest in the San Juan project by incurring US $750,000 over a 5 year period. Thus far, three silver-gold epithermal veins have been located; La Plomosa, El Vacaro and San Juan veins are known to outcrop on this property. Preliminary surface sampling has been conducted and a Soil Survey is underway.

Overall, "La Preciosa", "Santa Monica" and "San Juan" represent an excellent land position. Successes over the past year on "La Preciosa" bode well for future successful expansion of the resources.

YeOldGoldNugget's links of interest

Corporate Management

By 79Atoms on Friday, September 09, 2005

Gary Cope
Position: President, CEO and Director

Also President of Orex Minerals Inc. Former President & CEO of Eaglecrest Explorations Ltd., has helped raise funds for various mining projects.

Mike Devji
Position: Executive Vice President and Director

Also President & CEO of Blackcomb Minerals Inc. An experienced financier of public companies, Mr. Devji led a group of investors who financed a 40% interest in the South Kemess Gold-Copper Deposit in British Columbia, Canada. That interest was subsequently sold for over $400 Million.

George Cavey, P.Geo.
Position: Vice-President Exploration and Director

Has managed exploration programs worldwide for 30 years. Past President of the Canadian Council of Professional Geoscientists. The 2004 recipient of the C.J. Westerman Award-APEGBC's highest honor for a Professional Geoscientist.

B. H. (Ben) Whiting, M.Sc., P.Geo.
Position: Chief Geologist

Please also an adjunct Professor at Queen's University, Mr. Whiting is a member of the Association of Professional Engineers and Geoscientists of British Columbia (APEGBC). He is also a recipient of the Economic Geology Award from the Aaro Aho Foundation.

Art Freeze, P.Geo.
Position: Consulting Geologist, Advisory Board Member

Has held consulting, supervising and managing positions with several mining companies including: Cominco Ltd., Pasminco Exploration, Echo Bay Mines and Pan American Silver Corp. He is President of Stillwater Enterprises Ltd. and was the primary Consulting Geologist for Goldcorp Inc. until June 2007.