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Company Information for Oremex Resources Inc.

Company stock charts - 12 Month chart

Exchange TSX.V; ORM


View full financial data

Company Statement

With a 50.8 million ounce silver resource at its Tejamen Property and an experienced development team, Oremex Resources Inc. is an up and coming silver producer in Mexico. 

The Company is exploring and developing projects along the highly productive mineralized belt that has made Mexico one of the largest silver producers in the world. 

In addition to the Company’s flagship Tejamen Silver Property, Oremex’s portfolio of additional properties offers an opportunity for potential growth.  Oremex Resources Inc. is a Canadian-based silver resource company listed on the TSX Venture Exchange (ORM) and the Frankfurt Exchange (OSI).


Current Operations

Tejamen Silver Property

  • 50.8 million ounces of Inferred silver resource NI 43-101 compliant (April 2006)
  • Preliminary Mining Assessment completed NI 43-101 compliant (October 2006)
  • Geotechnical results support open pit design
  • Feasibility Study planned for 2008
  • Substantial opportunity to add ounces through additional drill programs
  • 40,000 meter drill program planned for 2008
  • 37,500 meters of drilling completed to date
  • 22 mineral concessions covering 1,672 hectares
  • Tejamen Net Present Value – (7% discount)

San Lucas Property
  • Silver-lead-zinc mineralization in shear system
  • 7,000 meter drill program completed in 2007
  • 3 km long zone has been identified by drilling
  • High grade silver in fracture zone near surface
  • Separate untested sub-parallel system
  • 18 mineral concessions covering 925 hectares
  • Project shows potential for large low grade lead-zinc system
  • Seeking joint venture partner to further develop project

Oremex holds six other early-stage exploration properties in Mexico. Evaluation of these properties is in progress.


Geographical Spread

Oremex Resources Inc. has 100% interest in eight mineral exploration properties in Mexico.


Board of Directors and Key Management

Linda Thorstad Chief Executive Officer
C.E. (Chuck) Jenkins Chief Financial Officer
Javier Rojas Project Development Manager
Andrew F. B. Milligan Chairman of the Board & Director
Francisco Crespo Hernandez Director
Ross Glanville Director
Iain MacPhail Director
Chris Marcus Director
Craig D. Thomas Director
Henry (Hank) A. Scholz Director

Company Address

1001-1030 West Georgia Street
Vancouver, British Columbia, Canada V6E 2Y3

Telephone:604 683 5651
Facsimile:604 630 0141
Email:info[at]oremex.com
Website:http://www.oremex.com

Capital

At February 29, 2008
Shares issued 37,082,325
Options outstanding 2,375,000
Fully Diluted 39,457,235

Annual General Meeting

May 6, 2008, Vancouver

Year End

November 30th

Related News

10/06/08 - Oremex Sees a Small Light at the End of Tejamen Tunnel
18/10/07 - Oremex Resources Moves Ever Closer To Developing Its Tejamen Silver Project
11/01/07 - Oremex Resources Moves Towards Production At Its Tejamen Silver Project In Mexico

Most Recent Statement

06/08/08 - Oremex Update
29/05/08 - Update on the Status of Tejamen Silver Project
10/04/08 - Oremex Resources provides update on surface agreement at Tejamen silver project
09/01/08 - Oremex Update
20/11/07 - Oremex Resources Agrees to Acquire Cuyoaco Property
29/10/07 - Extension of Share Purchase Warrants

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