Sweden

Orex Minerals: more 1+ g/t Au over long intervals at Barsele

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Orex Minerals, Inc. is a silver and gold exploration company with a gold project in Sweden, and a gold-silver project in Durango, Mexico. The flagship property is the Barsele Gold project, which is 600 km north of Stockholm. Barsele project has a 43-101 compliant resource estimate (using 0.6 g/t Au cut-off) completed February 28, 2011 of 382,000 oz Au Indicated @ 1.2 g/t Au (9.97 million tonnes grading 1.19 Au g/t) and 648,000 oz Au Inferred @ 1.0 g/t Au (21.04 million tonnes grading 0.96 Au g/t). Resource Intelligence’s Executive Editor Doug Hadfield spoke with Chief Geologist Ben Whiting about the company’s plans to advance the project and it’s resource to well over 1 million ounces.