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Orko Silver Corp (fka OKOFF) RSS Feed

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Orko Silver Corp Orko Silver Corp. (TSX Venture Exchange: OK.V) focuses on exploration and development of Silver and Gold 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 has a 100% interest in 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 build an extensive resource of Silver, in order to make itself an attractive acquisition target. As explorationists, our core competence is to find, explore and develop quality exploration projects in order to maximize shareholder value. To that end, the Company has primarily focused its attention at its La Preciosa project. On March 13th, 2007, the Company released its 3rd NI 43-101 compliant Inferred Resource Estimate of 4.39 million tonnes grading 0.396 g/t Au and 229.9 g/t Ag at a cut-off grade of 150 g/t for a Silver-Equivalent grade of 253.7 g/t. The contained metal equals 32.5 million ounces of Silver and 55,900 ounces of Gold for Silver Equivalent of 35.8 Million Ounces. Less than 30% of targets have been drilled and only to a true depth of 340 metres. The deposit, consisting of multiple veins, remains open in all directions and at depth. Encouraged by its success at La Preciosa, the Company is drilling 24 hours a day, 7 days a week, utilizing 2 diamond drill rigs. A New Resource Estimate is anticipated to be completed by the end of Q3 2007. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ DESCRIPTION OF PROJECTS ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ SHARE STRUCTURE as of 09 04 07
 Issued:         94,952,966 
 Warrants:        4,423,500 
 Options:        13,934,000 
 Fully diluted: 113,310,466 
Working Capital $8,100,000 Cash upon Dilution $21,300,000 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ WEB SITE http://www.orkosilver.com/s/Home.asp ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ORKO SILVER CORP. FILINGS & PUBLIC DOCUMENTS with SEDAR http://www.sedar.com/DisplayProfile.do?lang=EN&issuerType=03&issuerNo=00007626 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ DUE DILIGENCE FUNDAMENTAL RESEARCH CORP., November 23, 2007 http://www.researchfrc.com/research/pdf/orko/OK%20Update%20November%2021%202007.pdf ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ CHART OF OK.V source of chart: dumbas ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ OTHER CHARTS
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