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Company Information for Orko Silver Corp

Company stock charts - 12 Month chart

Exchange TSX.V; OK


View full financial data

Company Statement

Orko Silver Corp. (TSX Venture Exchange: OK.V) focuses on resource exploration and development for silver, gold, and base metals in Mexico. The Company has a large land position in Durango State, a historically prolific silver mining region, located along the Sierra Madre Occidental Mountains and is involved in three main projects, La Preciosa, Santa Monica and San Juan. The Company owns a 100% interest in the La Preciosa Project and is earning a 75% interest in the adjacent Santa Monica Project from Goldcorp, Inc. (NYSE: GG) by expending $US 1.5 Million on exploration. As well, the Company has an option agreement to earn a 75% interest in the adjacent San Juan property from Silver Standard Resources Inc. (NASDAQ: SSRI) by expending $750,000 on exploration.

The Company's corporate strategy is to find, explore and develop quality exploration projects in order to maximize shareholder value.


Current Operations

La Preciosa
On March 27, 2007 Orko introduced one of its largest veins "Martha", which is an intercept of the Abundancia Vein in "La Preciosa Norte" sector. It yielded 6.45 metres true width grading 640.6 g/t Ag and 1.101 g/t Au, for a Silver-Equivalent of 706.7 g/t including 3.92 metres true width grading 981.3 g/t Ag and 1.585g/t Au for a Silver-Equivalent of 1,076.4 g/t in hole BP06-78. On May 09, 2007 "Martha" impressed us again, yielding 13.79 metres true width grading 376.5 g/t Ag and 0.320 g/t Au for a silver-equivalent of 395.7 g/t, including 3.07 metres true width grading 1,374.0 g/t Ag and 0.605 g/t Au for a silver-equivalent of 1,410.3 g/t.

The company has released three NI 43-101 compliant Inferred Resource Estimates and will be releasing its fourth by the end of Q3 2007. The table below shows the evolution of Orko's Inferred Resource Estimates.

Santa Monica
Santa Monica is adjacent to the La Preciosa project optioned by Orko from GoldCorp Inc. The Santa Monica Property covers over 17,285 hectares and is located approximately one hour and a half away by paved road from the City of Durango, in Durango State, Mexico. Currently, Geophysical Surveys are underway which began on March 18, 2007.

San Juan
The San Juan property is 24,580 hectares and is located North-West from La Preciosa Project. The company has an option agreement with Silver Standard Resources Inc. (NASDAQ: SSRI) to earn a 75% interest, by expending US$750,000 on exploration. 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.


Geographical Spread


Board of Directors and Key Management

Gary Cope - President, CEO, and Director
Mike Devji - Executive Vice President
George Cavey - Consulting Geologist, Director
Ben Whiting - Consulting Geologist
Art Freeze - Consulting Geologist, Advisory Board Member

Company Address

Suite 2610
1066 West Hastings Street
Vancouver, British Columbia
, Canada Canada V6E 3X2

Telephone:+1 604-684-4691
Facsimile:+1 604-684-4601
Email:info[at]orkosilver.com
Website:http://www.orkosilver.com

Capital

Issued: 97,133,278
Warrants: 3,317,188
Options: 13,110,000
Fully diluted: 113,560,466

Annual General Meeting

TBA

Year End

October 31st

Nominated Brokers

Haywood Securities Inc.

Nominated Advisors

Haywood Securities Inc.

Broker/Analyst Reports

09/08/07 - Research Capital

Major Shareholders

40% Institutional
40% Retail
20% Management

Related News

08/05/08 - Orko Silver Could Be Onto A Company-Maker At La Preciosa
11/09/07 - Orko Silver Builds Up Resource Base For Take Out Potential
06/03/07 - Orko Silver Has Plenty Going For It In Mexico

Most Recent Statement

22/07/08 - Orko Silver Reports Multiple Hits into Martha Vein at La Preciosa
24/06/08 - Orko Silver Encounters Multiple High-grade Intercepts from Martha Vein
18/06/08 - ORO SILVER REPORTS 694.0 G/T SILVER OVER 12.3 METRES AT VETAGRANDE MINE
28/04/08 - Orko Silver Hits 25.59 metres grading 222.3 g/t Silver-equivalent on Martha Vein
17/04/08 - Orko Silver's Metallurgical Test Results Indicate Silver Recoveries Approaching 90%
31/03/08 - Orko Silver Hits 20.85 metres grading 458.3 g/t silver-equivalent on Martha Vein including over 3 metres grading greater than 1.5 kilos

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