+50% nach Ergebnissen....OREX, neues Goldvorkommen?! - 500 Beiträge pro Seite

[IIBI]

http://ca.news.finance.yahoo.com/s/30012009/28/link-f-ccnmat…


HP:
http://www.orexexploration.ca/

[richardkarlsen]

wann kommen die resourcenschätzungen?

denke mman braucht hier geduld. Wenn mal 2 Mio. Unzen bestätigt werden, sollte der Markt die Aktie auch auf ein höheres Niveau bringen.

[IIBI]

Antwort auf Beitrag Nr.: 36.512.163 von richardkarlsen am 04.02.09 17:20:18

Ende 1. Quartal denke ich.

Heute ordentliche Umsätze auf der Aktie...soviel wie schon lange nicht mehr. Mal sehen...

Ja ab 1,5 - 2 mio ozn wird interessant, aber bei aktuell 8 mio mktcap ist das Teil schon zu günstig.

[IIBI]

Antwort auf Beitrag Nr.: 36.512.163 von richardkarlsen am 04.02.09 17:20:18

2,4 Millionen Aktien am Freitag gehandelt....der zweite Tag mit extrem hohen Volumen...irgendwas ist doch da am Kochen!!

[IIBI]

deutlicher Vorteil dürfte die Infrastruktur auf dem Gebiet sein, da bereits früher in Produktion. Sieht schon weiter fortgeschritten aus das ganze und ich denke wenn große nach Übernahmen ausschau halten, dann sollten +1,5 Mio Unzen da sein (werden wir bald haben) und politisch stabile Lage (Kanada, also auch okay) und gute Infrastruktur (auch da)

Mal sehen, vielleicht wird ja Orex bald aufgekauft und wir machen ein paar Euros!

[IIBI]

[richardkarlsen]

Das Volumen am Freitag war nicht übel, 2,4 Mio. Aktien. Was ist da los? Institutionelle? News? Mal abwarten was da kommt.

[IIBI]

Antwort auf Beitrag Nr.: 36.540.437 von richardkarlsen am 09.02.09 12:59:34

hab bis jetzt nix neues, in den boards drüber wird aber heiß diskustiert. irgenwie soll merill lynch immer auf der Käuferseite gewesen sein.

[IIBI]

http://www.stockhouse.com/Community-News/2009/January/30/Ore…

[richardkarlsen]

warten wir einfach auf eine weitere resourcenschätzung. ich denke es wird noch ein paar wochen dauern, dann sollten auch vermehrt Intitutionelle reingehen.

[IIBI]

Jupp gute Idee. Evtl. bei um 7 Cents paar einsammeln. Insgesamt hat sich die Aktie ja gut gehalten im Vergleich zu vielen anderen Explorationswerten die bis 90% verloren haben. Wird seinen Grund haben, nehme ich an!

Mit 1,5 Mio Unzen in Kanada sollten wir schon mal 20-30 Millionen Marketcap erreichen um einigermaßen fair bewertet zu sein.

Gruß

[richardkarlsen]

Orex scheint so langsam wieer interessant zu werden. Ich denke bald sollten neue Ressourcenschätzungen kommen. Kann gut sein das 2 Mio. Unzen vorhanden sind!

[IIBI]

Antwort auf Beitrag Nr.: 36.822.061 von richardkarlsen am 23.03.09 01:45:53

upps! 20% plus....nicht schlecht!

[IIBI]

upps! zieht schon wieder an in Kanada....sind das Spekulanten vor der Ressourcenschätzung oder weiß da jemand mehr??

[richardkarlsen]

news von heute

Now Extends for 950 Metres; Orex Reports Gold Assays From East Gold Brook
- Visible gold observed and gold assays up to 21.66 g/t Au over 3.25 metres and 5.41 g/t Au over 10 metres at East Gold Brook - Phases 2A to 2C drilling extends gold corridor to 950-metre lengths covering the Ramp Area, historic Boston-Richardson Mine and East Gold Brook Shaft
Mar 24, 2009 11:47:00 AM


Email Story Discuss on ZenoBank

View Additional ProfilesMONTREAL, CANADA--(Marketwire - March 24, 2009) - OREX EXPLORATION INC. (TSX VENTURE:OX)(FRANKFURT:O5D) would like to provide its shareholders with additional gold assay results from the Phase 2B diamond drilling program (Holes BR08-24 to 32, inclusive) on the Company's wholly-owned Goldboro Gold Project in north eastern Nova Scotia. All 16 holes (BR08-17 to 32), comprising approximately 4,585m of the Phase 2B drill program, have been completed. Orex has also completed the Phase 2C drilling campaign, comprising 12 holes (BR08-33 to 44, inclusive) over a 150m strike length on the western Ramp Area for a total of approximately 3,006m, with assays pending. The most significant gold assay intervals from holes BR08-24 to 32(i) are as follows:

---------------------------------------------------------------------------
CORE GOLD CHECK VISIBLE
FROM TO LENGTH GRADE ZONE ASSAYS GOLD
HOLE # (m) (m) (m) (g/t) IDENTIFICATION PENDING OBSERVED ---------------------------------------------------------------------------

PHASE 2B---------------------------------------------------------------------------

BR-08-24 90.0 94.0 4.0 0.78 BR-4; South Limb ---------------------------------------------------------------------------

114.0 116.5 2.5 1.30 BR-3; South Limb
---------------------------------------------------------------------------
178.0 178.5 0.5 7.38 Unknown zone
---------------------------------------------------------------------------
197.5 200.5 3.0 6.68 BR-4; North Limb?
---------------------------------------------------------------------------
including 198.25 198.5 0.25 68.40 ok ok---------------------------------------------------------------------------

BR08-25 114.0 118.5 4.0 1.01 BR-4; South Limb --------------------------------------------------------------------------- including 118.0 118.5 0.5 5.58 ---------------------------------------------------------------------------

124.0 129.0 5.0 1.92 BR-3; South Limb
---------------------------------------------------------------------------
including 127.5 128.0 0.5 12.65
---------------------------------------------------------------------------
135.0 141.0 6.0 1.20 BR-2; South Limb
---------------------------------------------------------------------------
including 137.5 138.0 0.5 7.29
---------------------------------------------------------------------------
156.75 160.0 3.25 21.66 BR-1; South Limb
---------------------------------------------------------------------------
including 156.75 157.0 0.25 18.50 ok ok
---------------------------------------------------------------------------
and 159.75 160.0 0.25 262.00 ok ok
---------------------------------------------------------------------------
178.5 179.0 0.5 5.85 Unknown zone
----------------------------------------------------------

196.0 200.0 4.0 3.31 BR-1; North Limb
---------------------------------------------------------------------------
including 196.5 196.75 0.25 41.70 ok ok---------------------------------------------------------------------------

BR08-26 83.0 83.5 0.5 2.52 Unknown zone ---------------------------------------------------------------------------

130.0 130.5 0.5 12.30 Unknown zone
---------------------------------------------------------------------------
165.5 166.5 1.0 15.82 Unknown zone
---------------------------------------------------------------------------
213.0 213.5 0.5 2.94 Unknown zone
---------------------------------------------------------------------------

BR08-27 143.5 146.5 3.0 2.02 BR4 - S. Limb ---------------------------------------------------------------------------

155.0 157.0 2.0 1.71 BR3 - S. Limb
---------------------------------------------------------------------------
162.5 163.0 0.5 10.30 Unknown zone
---------------------------------------------------------------------------
169.5 188.0 18.5 3.07 BR1 and 2 - Hinge
---------------------------------------------------------------------------
including 172.0 182.0 10.0 5.41
---------------------------------------------------------------------------
and 174.5 175.0 0.5 69.20
---------------------------------------------------------------------------
194.5 195.0 0.5 4.88 Unknown zone
---------------------------------------------------------------------------

BR08-28 42.0 42.5 0.5 16.90 Unknown zone ---------------------------------------------------------------------------

88.75 89.0 0.25 23.40 Unknown zone ok ok
---------------------------------------------------------------------------
168.75 169.0 0.25 9.76 Unknown zone ok ok
---------------------------------------------------------------------------
210.5 214.0 3.5 0.88 BR-4; South Limb
---------------------------------------------------------------------------
218.0 221.5 3.5 0.60 BR-3 South Limb
---------------------------------------------------------------------------
228.5 233.0 4.5 2.54 BR-2; South Limb
---------------------------------------------------------------------------
including 228.5 228.75 0.25 6.30 ok ok
---------------------------------------------------------------------------
and 232.5 233.0 0.5 16.30
---------------------------------------------------------------------------
241.0 265.0 24.0 1.14 BR-1 South Limb
---------------------------------------------------------------------------
including 245.5 250.0 4.5 3.09
---------------------------------------------------------------------------
and 245.5 246.0 0.5 13.35
---------------------------------------------------------------------------
and 247.5 248.0 0.5 10.85
---------------------------------------------------------------------------
272.5 276.5 4.0 2.80 BR; South Limb
---------------------------------------------------------------------------
including 275.0 276.5 1.5 7.22
---------------------------------------------------------------------------
and 276.0 276.5 0.5 13.95
---------------------------------------------------------------------------
BR08-29 84.5 85.5 1.0 2.31 Unknown zone
---------------------------------------------------------------------------
including 101.0 101.5 0.5 5.87
---------------------------------------------------------------------------
136.5 137.0 0.5 5.31 Unknown zone
---------------------------------------------------------------------------
177.5 177.75 0.25 10.20 Unknown zone ok ok
---------------------------------------------------------------------------
218.5 220.5 2.0 3.04 Unknown zone
---------------------------------------------------------------------------

including 218.5 219.0 0.5 8.84 --------------------------------------------------------------------------- BR08-30 46.0 46.5 0.5 2.48 Unknown zone --------------------------------------------------------------------------- BR08-31 16.0 16.5 0.5 4.66 Unknown zone ---------------------------------------------------------------------------

53.5 54.0 0.5 15.27 Unknown zone
---------------------------------------------------------------------------
69.0 69.5 0.5 4.25 Unknown zone
---------------------------------------------------------------------------
85.5 86.0 0.5 3.91 Unknown zone
---------------------------------------------------------------------------
128.0 129.5 1.5 3.17 Unknown zone
---------------------------------------------------------------------------
including 128.5 128.75 0.25 10.00 ok ok
---------------------------------------------------------------------------
228.5 232.0 3.5 3.43 Unknown zone
---------------------------------------------------------------------------

including 228.5 229.0 0.5 22.50 --------------------------------------------------------------------------- BR08-32 56.0 56.5 0.5 3.16 Unknown zone ---------------------------------------------------------------------------

63.0 64.5 1.5 2.75 Unknown zone
---------------------------------------------------------------------------
including 63.0 63.5 0.5 6.75
---------------------------------------------------------------------------
158.0 158.5 0.5 3.22 Unknown zone
---------------------------------------------------------------------------
219.5 221.0 1.5 31.48
---------------------------------------------------------------------------

including 219.5 219.75 0.25 142.50 Unknown zone ok ok --------------------------------------------------------------------------- and 219.75 220.0 0.25 17.70

ok ok
---------------------------------------------------------------------------(i) Notes:

- True widths are approximately 70-90% of the core lengths in south

limb/hinge zone intersections and less than 50% in north limb

intersections

- Gold assays for drill holes BR08-01 to 23 were previously released in

2008 and 2009 (refer to Orex news releases on the Company's website or on

SEDAR at www.sedar.com)

In 2008, the Company completed 12,201 metres of diamond drilling in 44 holes divided into three campaigns. Visible gold was observed in 6 of the current 9 drill holes, and in 36 of the 44 total drill holes completed in 2008. There are 90 separate reported occurrences of visible gold in the 44 holes, with another 9 occurrences reported as questionable.

Results from the Phase 2B campaign completed from the Boston-Richardson shaft to the East Gold Brook shaft have yielded similar results to the widely spaced historic drilling in the area and indicate a series of gold mineralized zones that occur above the Boston-Richardson belt. The newly emerging mineralized zones appear similar to those identified in the Ramp Area that lie below the Boston-Richardson belt (i.e. "123" and other zones). The mineralized belts above the Boston-Richardson demonstrate apparent continuity for a strike length over 325m as they plunge shallowly eastward from near surface to depths of 150m below surface.

Mark Billings, President and CEO of Orex, comments, "With all core logging completed and assay results available for the Phase 2A and 2B drill holes, Orex has identified the potential for higher grade gold mineralization over a 950-metre strike length of the Boston-Richardson structure from the West Ramp Area to the East Gold Brook mine. The 2008 drilling results will allow Orex to estimate new resources for the project over this 950m strike length, up from the 225m strike length used for the 2006 Ramp Area Resources (Measured and Indicated Resources of 235,800 ounces of gold in 3.105 million tonnes grading 2.36 g/t Au)."

As previously announced, now that the Phase 2C drilling campaign has been completed (with assays pending), Orex has contracted InnovExplo Inc. of Val-d'Or, Quebec, to commence evaluation and modelling of the Company's 2008 drilling results, with the objective of providing an NI 43-101 Technical Report with updated results and resource estimates for the Goldboro Project. Orex intends to provide shareholders with this information in Q2 2009. Shareholders are encouraged to consult the Company's latest NI 43-101 Technical Report, dated September 18, 2006, which can be found on SEDAR (www.sedar.com).

About Orex Exploration Inc.

Orex Exploration Inc. is a Canadian based junior resource and exploration company trading under the symbol OX on the TSX Venture Exchange and O5D on the Frankfurt Stock Exchange. The Company holds a 100% interest in the Goldboro Gold Project in Nova Scotia. You are invited to browse the Company's website at www.orexexploration.ca.

The information contained in this news release has been prepared by Mr. Jean Lafleur, M. Sc., P. Geo., Senior Technical Advisor to Orex. The drill campaign, core description, assay sample preparations, tabulations and synthesis are being done under the supervision of Billy Shaw, P. Geo., of W.G. Shaw & Associates (Antigonish, Nova Scotia) and Mr. Alex Horvath, P. Eng., of A.S. Horvath Engineering Inc. (Ottawa, Ontario). All individuals are Qualified Persons under National Instrument 43-101 regulations.

The TSX Venture Exchange (TSX-V) does not accept responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements reflecting the Company's objectives, estimates, expectations and the impact of acquisitions on the Company's financial performance. By their very nature, these types of statements involve risks and uncertainty. Consequently, reality may differ materially from the Company's projections or expectations.

[IIBI]

Antwort auf Beitrag Nr.: 36.836.605 von richardkarlsen am 24.03.09 17:03:53

ahh, daher weht der Wind!

As previously announced, now that the Phase 2C drilling campaign has been completed (with assays pending), Orex has contracted InnovExplo Inc. of Val-d'Or, Quebec, to commence evaluation and modelling of the Company's 2008 drilling results, with the objective of providing an NI 43-101 Technical Report with updated results and resource estimates for the Goldboro Project. Orex intends to provide shareholders with this information in Q2 2009. Shareholders are encouraged to consult the Company's latest NI 43-101 Technical Report, dated September 18, 2006, which can be found on SEDAR (www.sedar.com).



auf diese neue Kalkulation bin ich mal gespannt. Ich rechne eigentlich fest mit mindestens 1,5 Mio Unzen aber insgeheim hoffe ich auf 2,5 Mio.

[IIBI]

müssten ja bald mal wieder paar ergebnisse aus dem c programm kommen...hoffe immer noch auf den Durchbruch!

[richardkarlsen]

Ich denke die Ergebnisse sind schon lang überfällig. Die haben wohl eine Menge auzuaddieren!
Ich tippe mal auf 2 Mio. Dann wären wir imm Spiel!

[IIBI]

Antwort auf Beitrag Nr.: 36.964.532 von richardkarlsen am 14.04.09 13:52:26

+21% gestern.....ich halte und hoffe endlich auf den Sprung in Richtung 0,15 CAD!

[richardkarlsen]

ich denke ende nächster Woche sind wir über 10 cent! Sieht so aus als ob die Ergebnisse bald rauskommen!

[IIBI]

Antwort auf Beitrag Nr.: 36.978.585 von richardkarlsen am 16.04.09 12:06:54

wäre gut, wo bist du eingestiegen?

[richardkarlsen]

MarketWatch Opinion: UNDERVALUED Mining MarketWatch believes the share price of Orex Exploration Inc. (TSX Venture: OX) (Frankfurt: O5D) appears undervalued and offers investors taking a long position now an exceptional risk-reward scenario. OX.V is poised for significant upside share price revaluation with a much higher revised resource estimate imminent; considering the impressive nature of its Goldboro project OX.V appears undervalued with only ~120M shares outstanding and trading under CDN$0.10. With the imminent release of the new NI 43-101 resource estimate, expected ~mid May 2009, it is our opinion that investors would do well to consider a long position in shares of OX.V. Orex is on the verge of completing a new NI 43-101 mineral resource estimate on their 100% owned Goldboro Property in Nova Scotia that is believed will reveal a sizeable increase in the resource estimate; Mining MarketWatch Journal thru its research projects a resource estimate well in excess of 2M ounces. Management of Orex contacted by Mining MarketWatch were able to confirm we were not out of line in out expectations based on the fact the previous resource estimate Orex is building on was over a 225m strike length and now the strike length is up to 1km. Additionally, Orex will have a much better definition of the grade, employing not only fire assays but also protocols and metallic screen assays which incorporate the nugget effect native to Goldboro. The NI 43-101 report is being produced at the 60% mark of their drilling campaign (12,000m have been done out of 20,000m planned) and interpreted data of the belt systems will dramatically add to the 3D model developed in 2006 that this campaign is built upon. The Goldboro project also possess blue-sky potential as the gold belt systems are wide open at depth and in breadth.

[IIBI]

Antwort auf Beitrag Nr.: 36.995.461 von richardkarlsen am 18.04.09 15:57:32

http://miningmarketwatch.net/ox.htm" target="_blank" rel="nofollow ugc noopener">http://miningmarketwatch.net/ox.htm


interessant...scheint sich was zu tun!

[IIBI]

http://miningmarketwatch.net/ox.htm

[IIBI]

+28% in Kanada...oha!

[richardkarlsen]

Hier ein paar bilder vom Projekt:





http://www.orexexploration.ca/images/mineral_extraction.jpg

[richardkarlsen]

http://sectornewswire.com/PMRoxApr09.pdf

Vol 6, Issue 13 Valuation Alert; Orex Exploration’s New Resource Estimate Imminent Apr 24/09
Historic Production
Precious Metals Review - Page 1 of 1
Orex Exploration Inc. (TSX-V: OX) New Resource Estimate Projected Well in Excess of 2M Oz Gold
“New gold resource estimate expected ~mid May 2009 is projected to be well in excess of 2M Oz gold. Orex Exploration is employing protocols and metallic screen assays which incorporate the extreme gold nugget effect native to Goldboro.” Source: Market Equities Research Group
Greg Thompson
Precious Metals Review
Sizeable Increase in Resource Estimate Projected
Orex Exploration Inc. (TSX-V: OX) is a Canadian-based gold mining exploration and development company listed on the TSX Venture Exchange (ticker symbol OX) (Frankfurt: O5D). The Company has come to our attention due, in part, to the fact Orex is on the verge of completing a new NI 43-101 resource estimate report on their 100% owned Goldboro Property in Nova Scotia, Canada and the resulting extraordinary opportunity afforded to prospective investors. A research mining journal sourced for this Precious Metals Review is confident Orex’s new resource estimate will reveal a sizeable increase in the resource estimate, exceeding 2M ounces of gold. It appears OX.V is highly undervalued relative to the inherit nature of the Goldboro property and its potential. It appears OX.V is highly undervalued relative to the inherit nature of the Goldboro property and its potential. Equally as important, Orex has a highly experienced and talented management team dedicated to maximizing shareholder value.
The best place to find a gold mine is beneath an old mine
Historic production yielded ~55K ounces at an average grade of 4.5g/t and ceased in ~1912. Historically this mine only found the first top belt, the Boston-Richardson belt; they drilled down 40 or 50m, hit sandstone, and figured that's it. In 2005 Orex drilled down to 200m and at about 50 or 60m hit the next belt system - Orex has not yet found the depth or breadth of this. Click Here for Expanded Copy
New resource estimate (due out in ~May 2009) projected to rise well in excess of 2M Oz gold.
 
  
Exceptional management 
  
Stable, mining friendly region.
 
Orex Exploration Inc. (TSX-V: OX) is on the verge of completing a new NI 43-101 mineral resource estimate on their 100% owned Goldboro Property in Nova Scotia, Canada. Due out ~mid May 09, it is believed this report will reveal a sizeable increase in the resource estimate; The research mining journal thru its research projects a resource estimate well in excess of 2M ounces. Management of Orex contacted by the research mining journal were able to confirm the journal was not out of line in its expectations based on the fact the previous resource estimate Orex is building on, was over a 225m strike length and now the strike length is up to 1km. Additionally, Orex will have a much better definition of the grade, employing not only fire assays but also protocols and metallic screen assays which incorporate the nugget effect native to Goldboro. The NI 43-101 report is being produced at the 60% mark of their drilling campaign (12,000m have been done out of 20,000m planned) and interpreted data of the belt systems will dramatically add to the 3D model developed in 2006 that this campaign is built upon. ##
NY Spot Apr 23, 2009; Gold: $905.10, Silver:$12.75


Valuation Analysis/Commentary:
OX.V is poised for significant upside share price revaluation with a much higher revised resource estimate imminent; considering the impressive nature of its Goldboro project OX.V appears undervalued with only ~120M shares outstanding and trading under CDN$0.15. With the imminent release of the new NI 43-101 resource estimate, expected ~mid May 2009, it is our opinion that investors would do well to consider a long position in shares of OX.V.

[IIBI]

juhu!!

über 20% nach oben!!!!!

[richardkarlsen]

das teil fängt an zu laufen, so ist es richtig

[IIBI]

Antwort auf Beitrag Nr.: 37.047.803 von richardkarlsen am 27.04.09 17:01:23

sieht so aus.

wäre super wenn wir die 10 nehmen....und dann kanns von mir aus losgehen!

Einstand ist knapp unter 10 also bin ich gut dabei.


Es dürften ja noch Bohrergebnisse ausstehen und zudem die Ressourcenschätzung!

bei 2 mio. unzen Gold fliegen wir!

[IIBI]

Antwort auf Beitrag Nr.: 37.047.826 von IIBI am 27.04.09 17:03:42

aktuell 0,11 CAD!!

[IIBI]

[IIBI]

wieder nach oben! geil!

[IIBI]

oh leck! 13 Cent...jetzt geht aber rund! genial!

und keiner merkts!

[richardkarlsen]

auf stockhouse:

I'm with OX2009. I bet that the efforts by someone to move the share price up, have messed with someone else's plans to keep it in a tightly controlled trading range.

I am all for cheerleading but lets make sure we think through arguments carefully - I want to play devil's advocate (for fun only) to thegoldenchild's points:

1)This year Orex staked additional claims around Goldboro and now have 270 sq.m.in claims, including the original 6 sq.km.

They never made a specific press release about this - tacked it on as a one sentance entry on a press release, and I had to go find the maps with the DNR and post it here (I'm sure that made me popular). The cost of aquiring this was never really highlighted. It looks speculative to me - a nice geographic rectangle. Makes the property look more valuable - but is it? What other resources are in that box, what exploration commitment do they have to expend in order to keep the Province happy and the claim current? They got an Acadian claim (probably Acadian was desparate for the cash knowing their situation), why not go after the claims to the south and east?

2)MarkBillings, President & CEO of Orex acknwoledging that reserves andresources of greatly over 2M Oz Au are highly likely.

This is "acknowledged" in an anonymous posting on a web site and has no attribution to any individual author. I want to believe Mark Billings said these things, but no one can verify them because there is no author name associated with the article - if this was published in the Chronicle Herald/National Post/Globe and Mail with a by-line then I'd believe it more because I could call up the author and speak to him and verify the conversation occurred. If he said it at a public investors conference I'd give it even more credibility. Anonymous postings on web sites with PO boxes for cover don't cut it for me.

3)Insiders buying up over 50% of last share offerings and subsequent share accumulation and price increases on the market.

At the height of the credit crisis, perhaps they couldn't get funding any other way and they put up their own money to keep going... Who were the other 50%... kept that quiet.

4)The ore body is still open in depth and strike.

No dispute.

5)Infrastructure is in place with access to road, electricity and gas.

No dispute. Except that I'm sure the gas folks are not going to want to have a big pile of explosives being used in a pit or mine within 10-500yds of their expensive pipeline. Someone will be paying to move it somewhere - I've not researched the right of way for the pipeline but there is probably conflict depending on where they want to mine. The road needs major upgrading to service heavy equipment that will have to get in and out.

6) Open pit mining is highly possible as the ore is within the first 100m.

There is a lake within 50-100 meters of the strike. Someone will have environmental concerns. While OX has a get out of jail card for any of the past Boston Richardson Mine environmental sins they still need to get permission for any new mining.

I love this play - don't get me wrong - but always evaluate the opportunity from every perspective. Be informed. Due diligence is more than reading a company's filings and press releases - that's what the company wants you to know. They have to be dragged to issue press releases on things they don't want you to know.

[richardkarlsen]

Orex Exploration Inc
Symbol OX
Shares Issued 107,008,062
Close 2009-05-06 C$ 0.12
Recent Sedar Documents



Orex Exploration drills 15.5 m of 0.97 g/t Au in N.S.


2009-05-07 11:31 ET - News Release

Mr. Mark Billings reports

OREX REPORTS GOLD ASSAYS FROM PHASE 2C DRILLING

Orex Exploration Inc. would like to provide its shareholders with additional gold assay results from the recently completed phase 2C diamond drilling program (holes BR08-33 to 44, inclusive) on the company's wholly owned Goldboro gold project in northeastern Nova Scotia.

All 12 holes (BR08-33 to 44), comprising 3,006 metres of the phase 2C drill program, are reported in this news release. The phase 2C drilling campaign was conducted over a 150-metre strike length on the West Ramp area, approximately 100 metres to 200 metres below surface of the West Ramp area and current mineral resources. The most significant gold assay intervals from holes BR08-33 to 44 are shown in the accompanying table.

Note

Gold assays for drill holes BR08-01 to 32 were previously released in 2008 and 2009. Refer to Orex's news releases on the company's website, SEDAR or Stockwatch.


SIGNIFICANT GOLD ASSAYS

Hole No. From To Core length Gold grade
(m) (m) (m) (g/t)

BR08-33 24.5 25.0 0.5 7.35
40.0 41.5 1.5 3.99
82.0 84.0 2.0 1.77
96.5 104.0 7.5 3.06
including 98.5 100.5 2.0 9.59
including 98.5 99.5 1.0 16.60
113.0 113.5 0.5 6.86
126.5 128.5 2.0 1.07
136.5 138.0 1.5 3.75
including 136.5 137.0 0.5 10.00
160.5 166.0 5.5 1.08
including 160.5 160.75 0.25 4.07
189.0 192.0 3.0 2.43
including 190.5 191.0 0.5 7.16
BR08-37 121.0 127.5 6.5 3.35
including 126.0 127.5 1.5 13.01
including 126.5 127.0 0.5 30.80
136.5 140.0 3.5 9.30
including 136.5 138.5 2.0 31.31
including 137.0 137.5 0.5 53.30
188.0 197.0 9.0 0.93
including 193.5 195.5 2.0 2.09
202.0 209.0 7.0 1.00
including 202.0 204.0 2.0 2.56
including 202.0 202.25 0.25 14.95
BR08-38 133.5 137.5 4.0 2.17
including 136.0 136.5 0.5 7.33
164.5 165.0 0.5 5.27
187.25 187.5 0.25 3.85
199.5 200.0 0.5 8.42
214.5 215.0 0.5 11.65
245.5 253.5 8.0 0.57
BR08-39 133.0 137.5 4.5 1.35
190.5 196.0 5.5 1.07
204.0 208.5 4.5 1.30
including 204.0 206.0 2.0 2.07
including 205.25 205.5 0.25 2.73
and 205.5 205.75 0.25 4.88
BR08-40 129.5 134.0 4.5 9.33
including 129.75 130.0 0.25 21.90
and 131.0 131.5 0.5 56.20
and 132.5 133.0 0.5 8.62
168.0 173.0 5.0 2.20
including 168.0 168.25 0.25 29.10
193.5 198.0 4.5 1.17
203.0 206.75 3.75 2.78
including 203.5 205.0 1.5 5.89
including 203.5 204.0 0.5 12.45
BR08-41 163.75 165.0 1.25 2.01
including 163.75 164.0 0.25 7.64
204.5 209.0 4.5 1.78
including 204.5 206.5 2.0 2.48
including 204.5 205.0 0.5 5.37
220.5 221.5 1.0 29.93
220.5 220.75 0.25 116.5
BR08-42 86.0 87.5 1.5 5.24
including 86.5 87.0 0.5 10.25
164.5 166.0 1.5 3.21
including 165.5 166.0 0.5 8.93
192.0 193.5 1.5 2.32
217.0 218.0 1.0 4.66
including 217.5 217.75 0.25 15.80
BR08-44 126.0 126.5 0.5 13.40
132.5 148.0 15.5 0.97
including 132.5 135.5 3.0 1.79
including 132.5 133.5 1.0 4.14
and 142.0 145.5 3.5 1.78
including 142.5 143.0 0.5 8.04
and 145.25 145.5 0.25 2.57
164.5 166.0 1.5 3.25
including 165.5 166.0 0.5 8.01


In 2008, the company completed 12,201 metres of diamond drilling in 44 holes divided into three campaigns (phases 2A, 2B and 2C). Visible gold was observed in seven of the current 12 drill holes, and in 36 of the 44 total drill holes completed in 2008. There are 90 separate reported occurrences of visible gold in the 44 holes, with another nine occurrences reported as possible.

As previously announced, Orex has contracted InnovExplo Inc., of Val d'Or, Que., to evaluate and model the company's 2008 drilling results, with the objective of providing a National Instrument 43-101 technical report on mineral resource estimates for the Goldboro project. Orex intends to provide shareholders with this information in the second quarter of 2009.

Mark Billings, president and chief executive officer of Orex, comments: "With all assay results available, Orex will be soon providing shareholders with a new mineral resource estimate from the West Ramp area to East Gold Brook, a strike length of 950 metres. I was recently at Goldboro with representatives from the Orex technical team and InnovExplo to review the 2008 program and to observe first-hand drill core and significant intersections. I also had the opportunity to meet with representatives of Guysborough County and the Nova Scotia Department of Natural Resources, and I am encouraged by the attention and support we are receiving for our Goldboro project."

In connection with its stock option plan, Orex recently granted one million stock options at a strike price of 15 cents per share for a period of one year to consultants of the company.

[IIBI]

die bauen sich da ne schöne Ressource zusammen!

[richardkarlsen]

heute wieder gutes Volumen, die Zahlen sollten bald rauskommen.

[IIBI]

Antwort auf Beitrag Nr.: 37.177.069 von richardkarlsen am 14.05.09 17:22:04

yeah baby! geht ab wie schmidts katze! Nachkauf +100% aktuell!

geil!

[IIBI]

absolutes Geschoß diese Aktie!!!

[IIBI]

zieht weiter!!!

[richardkarlsen]

Das war ja eine gigantische Woche. Jetzt bin ich mal auf die Resourcenschätzung gespannt. Sollen ja fast 3 Mio. sein. Sollte das stimmen, dann haben wir Luft bis 0,80 oder 1 Dollar.

Dann hätte Orex auch das grösste Goldprojekt im Osten Kanadas. Das würde einen weiteren Run auf die Aktie auslösen. Das extrem hohe Volumen ist schon auffällig. Extrem spannende Story hier bei Orex mal schauen wie das weitergeht.

[Opla]

Leider kann man sich keinen Eindruck von der Firma verschaffen, da die Homepage schon eine Weile runtergefahren ist.

Wie sieht es denn mit der Cashsituation aus?

Ist für dieses Jahr ein weiteres Bohrprogramm geplant?

Ist ein weiteres PP nötig bis zur Erstellung des NI Ende des Jahres?

[richardkarlsen]

Cash haben sie glaube ich 1,8 mio oder so.

bohrprogramm, keine AHnung, denke sie brauchen im moment kein bohrprogramm,ich denke die daten über die Resourcen werden entscheiden wie es weitergehrt.

[richardkarlsen]

http://miningmarketwatch.net/ox.htm

[richardkarlsen]

OX hält sich ja phantastisch, mal schauen wenn wir die 20 cent knacken.

[teatimenow]

Antwort auf Beitrag Nr.: 37.225.973 von richardkarlsen am 21.05.09 12:37:40

Cash haben sie glaube ich 1,8 mio oder so.

bohrprogramm, keine AHnung, denke sie brauchen im moment kein bohrprogramm,ich denke die daten über die Resourcen werden entscheiden wie es weitergehrt.

bin auch drinn, also kein bashing interesse, aber die haben definitiv keine 1,8 mio cash mehr. cash ist laut ir aussage unter 1mio can$, aber die optionen sollten ausgeübt werden wenn der ni 41-303 gut wird, dann ist wieder genug cash da um die 20000m fertig zuu drillen

[richardkarlsen]

danke für info, ist auf jeden fall jetzt wichtig, dass sie über 2 mio. Unzen haben. Denke , das erwartet der Markt.

Wird spannend werden, hop oder top.

[Opla]

mmmmmh, Kurs wieder rückläufig und das 2. Quartal endet bald. Bin auf den NI gespannt und ob er bis Ende Juni kommt. Aktie auf watch.

[richardkarlsen]

Orex Exploration Inc.: Corporate Update
Jun 11, 2009 11:00:00 AM


Email Story Discuss on ZenoBank

View Additional ProfilesMONTREAL, CANADA--(Marketwire - June 11, 2009) - OREX EXPLORATION INC. (TSX VENTURE:OX)(FRANKFURT:O5D) is pleased to announce that InnovExplo Inc. of Val-d'Or, Quebec, has completed the geological modeling portion of the new mineral resource estimates compliant to National Instrument 43-101 on the Goldboro Property in north eastern Nova Scotia. As scheduled by Orex, Alex Horvath, P. Eng., of A.S. Horvath Engineering Inc., of Ottawa, Goldboro's Project Manager, is presently vetting this geological model.

The Company's review of the geological model and the exploration work program will be used to establish a number of parameters of the upcoming drilling campaign. Orex management is currently reviewing the steps that we believe need to be implemented in order to integrate the "nugget effect" to a greater extent and its impact on increasing gold grades in our future resources estimates.

Mark Billings, President and CEO of Orex, commented, "We know that the Goldboro gold mineralization continues at depth and extends across our Property. With our new NI 43-101-compliant mineral resources estimate in hand, it is our intention to resume the drilling campaign quickly and aggressively. This will likely include a bulk sample, which will help us evaluate the nugget effect at Goldboro. Orex management is planning to start the Phase 2D drilling campaign this summer, as soon as possible after the release of our new mineral resources estimate."

As part of the quality assurance / quality control program, results from an additional 1,249 coarse reject and 149 Metallic Screen check assays from the 2008 drill campaign (Phases 2A to 2C) have been received and incorporated into the assay database to be used for the final resource models and resource estimates.

The 2005 and 2008 drill campaigns were designed to establish the mineral resources under NI 43-101 standards. The drilling covered 1km of the 1.5km strike length of the historic pre-NI 43-101 mineral resources along the West Gold Brook to East Gold Brook segment of the Boston-Richardson gold corridor. InnovExplo will be reporting current mineral resource estimates for the 1.5km strike length. The planned Phase 2D program would bring the entire 1.5 km strike length under NI 43-101 standards with respect to mineral resources.

[IIBI]

Antwort auf Beitrag Nr.: 37.374.170 von richardkarlsen am 11.06.09 17:42:13

was bedeutet das genau? ich verstehe das so, dass die neue Ressourcenschätzung nicht mehr lange dauern kann oder?

[IIBI]

Trendwende??

[IIBI]

ich erinnere mal an die Hammernews vom Januar 09:

Orex Reports More Positive Gold Assays, Including 46.46 g/t Over 10.5m, and Extends Gold Corridor 575m at Goldboro
Fri Jan 30, 10:32 AM



mal sehen wie die Ressourcenschätzung ausfällt, kann mit schon vorstellen, dass wir 1,5 Mio Unzen Gold bekommen könnten.


die Homepage ist tot zur Zeit wegen überarbeitung..hoffentlich tut sich da auch mal wieder was!

[IIBI]

oh oh...Dienstag 04.08.2009 Conference Call bei OREX...ich schätze mal schwer die Zahlen kommen!!!


Ich hoffe auf 1,5 Mio Unzen...geil wären 2 Mio oder mehr!!!

[IIBI]

neue Schätzung ist da...soweit ich das sehen kann, deutliche Verbesserung in allen Kategorien und vor allem deutlich höhere Grades!!!

dann ist Conference Call....

[IIBI]

http://ca.news.finance.yahoo.com/s/04082009/28/link-f-ccnmat…


The current MRE(i) are significantly higher and of better quality in terms of grade over the same 0.5 g/t gold cut-off grade and 1.5km distance covering the West Goldbrook Shaft, Ramp Area and East Goldbrook Shaft sectors. The combined Measured and Indicated resource estimates at a 0.5 g/t gold cut-off grade are 7,933,000 tonnes grading 2.13 g/t gold, an 88% grade increase from 2006, totalling 542,800 gold ounces. There are an additional 10,389,000 tonnes grading 1.78 g/t gold, a 182% grade increase from 2006, totalling 594,121 gold ounces in the Inferred category.




542.800 + 594.121 also über 1,1 millionen Unzen...


und das gute ist, dass nicht alle Bohrungen hier drin sind sonder ein großteil noch nicht mit einbezogen wurde...also ich denke das passt!

[Zitronenhaendler]

Antwort auf Beitrag Nr.: 37.708.051 von IIBI am 04.08.09 15:59:47

Moinsen - also wenn wir hier eine zweite Millennium haben sollten, dann bin ich im Moment stark am überlegen günstig nachzukaufen - was meinst du ??????

[richardkarlsen]

Chart sieht gut aus, denke es geht wieder gegen Norden!

[richardkarlsen]

interessanter artikel zu ox

http://miningmarketwatch.net/ox.htm

[richardkarlsen]

Now the Mining Market Watch article is already out,

http://miningmarketwatch.net/ox.htm

I want to submit my theory to you guys for your consideration.

The Current NI43-101 report is low because 97 holes assigned with 0g/t value !

this 97 holes represent 30% of the total holes used in this NI43-101 report.

Now imagine the strike length and the continuity of the belt on your mind !

and imagine that by inputting 97holes with 0g/t value, it make the entire strike
had some missing gold everwhere near this 97holes...
so by inputting this 97holes with 0g/t value,
it mean the gold belt is not continuous anymore...

let me make it with picture
below is a continuous belt look like:
"___________________________________________"

and below is the belt look like with 97 holes with 0g/t value:

"__ _ ___ _ __ __ ___ _ _ _ __ __ __ _ _ _ _ _ _"

so do you see that by inputting 97 holes with 0g/t value
the belt (line) had some part missing !!!

but we know that this can't be true since those 97holes do have high grade value,
it is just that the data from those 97holes is not complete since it is historical data,
so it can not be used into the current NI43-101 standard !!!

Actually if OX decide to just DISCARD the 97holes,
our resources would be HIGHER significantly.
a rough minimum estimate would give current OX resource to be at least 30% higher since
this 97holes represent 30% of the holes used.
That mean the resource is not 1.137 million ounces but actually 130% x 1.137 million ounces = 1.478 million ounces !!!

and don't forget that to increase it just by 30% is not fair,
since this holes not just make the gold ARTIFICIALLY disappear around this 97 holes but also the distance in between
the holes that have non 0g/t.

Plus if this 97 holes had value, OX would be able to incorporate the Gold Domain modeling and not Belt modeling anymore.
Remember, there is gold in GREY WACKY and SANDSTONES in OX site !
ok let me further explain.
on other mining site with no Nugget Effect, the gold is mostly contain on the gold bearing layer/slate.
and between the slate/layer there is NO GOLD.
so the calculation of the resources is using the traditional slate method...

OX is different, cause it also contain gold (albeit lower grade) in the grey wacky and sandstones layer !!!
so basically there is gold everywhere not just in the high grade slates...
This will increase the resource count even more because there is 15 known belts in the Eastern Part of the property
that had been driled,
and between those 15 belts there are of course minimum of 14 Grey Wacky and Sandstones too.
by assuming this minimum 14 grey wacky and sandstone had only minimum 25% of gold compare to the high grade layer,
we can increase the resource by 125% x 1.478 million ounces = 1.85 million ounces !!!

that is why the original resource estimate by Mining Market Watch and confirm by Mark on previous interview
was around the 2 million ounces mark !!!

remember that by EXTRAPOLATION above is done by using conservative number, so the current resource should
have more than 1.85 million ounces at 0.5g/t cut off !!!

You guys would ask me,
why did OX do not discard this 97holes and get this 1.85 million ounces right now on the current report ?
well if OX discard this 97holes, then OX can not suggest there is DOMAIN modeling and
had to agree with the traditional slate modeling only...

so in order for OX to propose DOMAIN modeling for the next drilling result, OX need to input this 97holes with 0g/t value right now !

let me repeat, if OX discard this 97holes and use DOMAIN modeling, our resource number will be AT LEAST 1.85million ounces right here right now !
but the catch is, OX can not use DOMAIN modeling without those 97 holes in place...

now OX will do an infill drilling, but those infill drilling will mean OX will drill 97 holes but much less number of holes...
and you will ask me, if the whole 97holes is not twinned, how come you use that new infill data and put it into the 97holes ?

my answer, it does not take or need 97holes to prove the domain modeling in the first place,
but we still can replace those 97holes with much less drill hole
because those 97holes spacing is very close. so since the spacing is very close,
we can just drill a little infill drilling, and it will be accepted to replace those 97holes from 0g/t into
what ever grade we would get (I think at least 5g/t grade).
Why it would be good grade ? because the current average already hit 4.56 g/t anyway !

so I am confident that the EAstern part of the strike length will have around 2 million ounces of gold (0.5g/t cut off),
and the remaining 1km Western Part (WEst Goldbrook and Doliver mountain) will have around 1 million ounces of gold
more after the phase 2d and phase 2e is completed, meaning OX will have total of around 3 million ounces of gold
by the time the whole drilling campaign is done in about 3 to 4 months from today !

Now all those had not included the effect of BULK SAMPLING,
as we know BULK SAMPLING had the potential to prove the grade even higher then just 4.56g/t average,
since that is what happened most of the time in other mine with nugget effect.

so if the BULK SAMPLING can increase our grade to just 6g/t (25% higher),
it would increase our resource count even more... and I do think that with BULK SAMPLING
and modern day milling recovery process, with would have higher than 6g/t, hopefully it hit above 7g/t !!!

so in summary,
a. OX already had around 2 million ounces at 0.5g/t right now just for eastern part
b. OX will had around 3 million ounces at 0.5g/t when the whole drilling campaign is over
c. OX will had MORE than 3 million ounces at 0.5g/t when the BULK Sampling is over

[Zitronenhaendler]

Was denn hier los ? So prickelnd war der Beitrag nun auch wieder nich - also zumindest haben sie offen und ehrlich gesagt, das bis zur vollständigen Einschätzung aller Bohrungen noch etwas Zeit ins Land geht. Sicher werden dann die Ergebnisse um so besser ausfallen, was aber nur für "Long"Kandidaten interessant sein dürfte. Alle die hier mit einem kurzen Zock rechnen sind fehl am Platze !!!!!! Für die Insider : Die Orex Bewertung im Vergleich zu uwf ???????????????????????????????????????????????????????? Das wäre doch mal was - so 10 cent ?!?!?! Ich möchte, das meine Wünsche Wirklichkeit werden ........

[IIBI]

hmmm Freitag schön hoch mit gutem Volumen und heute Trading Halt!

pending news....was wird wohl kommen?

einer ne Idee?

[IIBI]

Antwort auf Beitrag Nr.: 38.071.437 von IIBI am 28.09.09 18:35:47

ich geb mal nen Tipp ab ins Blaue: Irgendein größerer kauft einen Teil von Orex!

mal sehen!

[richardkarlsen]

denke da kommt was grosses.

vielleicht wird orex ja komplett uebernommen!!!!

[IIBI]

Antwort auf Beitrag Nr.: 38.072.752 von richardkarlsen am 28.09.09 21:40:59

hmmm....schön wärs ja oder?

heute immer noch ausgesetzt!

[IIBI]

ob die heute nochmal kommen...nur noch 2,5 stunden Handel drüben...vielleicht doch erst morgen?


neue HP ist nicht schlecht:

http://www.orexexploration.ca/en/home

naja mal abwarten!

[richardkarlsen]

Orex and Osisko to Partner in Development of Goldboro PropertyOREX EXPLORATION INC OX 9/29/2009 4:02:43 PMMONTREAL, QUEBEC, Sep 29, 2009 (Marketwire via COMTEX News Network) --
OREX EXPLORATION INC. (TSX VENTURE:OX) (FRANKFURT:O5D) wishes to inform its shareholders that it has entered into a binding Letter of Intent, whereby Osisko Mining Corporation (TSX:OSK) will have a working right and an exclusive option to acquire up to a 60% undivided interest in Orex's Goldboro property and surrounding claims in Nova Scotia (collectively, the Property), by incurring exploration and development work expenditures and by making a private placement in the Company.

This Letter of Intent serves the basis for a more Formal Agreement to be signed no later than 20 days after the signing of the Letter of Intent. The signing of the Formal Agreement is contingent upon completion of due diligence by Osisko. The terms of the Letter of Intent are inter alia:

- Upon signing of the Formal Agreement, Osisko shall make a private placement in the capital stock of Orex of 13,000,000 Units at a price of $0.10 per Unit, for gross proceeds of $1,300,000. Each Unit shall consist of one common share and one transferable common share purchase warrant. Each transferable common share purchase warrant entitles its holder to acquire one common share for $0.125 for a period of three years.- In order to acquire a 50% undivided interest in the Property on or before September 25, 2013, Osisko shall incur exploration and development expenditures: - In the amount of at least $1,500,000 on or before September 25, 2010; - In the aggregate amount of at least $3,500,000 on or before September 25, 2011; and - In the aggregate amount of at least $8,000,000 over the following two years, that is, on or before September 25, 2013.- Osisko shall solely fund a prefeasibility study to earn an aggregate 60% interest (that is, an additional 10% interest) in the Property on or before September 25, 2015.Between now and up to September 25, 2015 (the Option Period), Osisko will be the operator of the project. A Management Committee will be formed during the Option Period with two representatives from each party. This Management Committee will be responsible for revising programs submitted by Osisko and for approving and evaluating the results of all programs. In the event of a tie, Osisko shall have the casting vote during the Option Period.

Upon acquiring a 50% or a 60% interest in the Property, a joint venture would be formed between Osisko and Orex.

Mark Billings, President and CEO of Orex, commented, "I am delighted with the interest that Osisko Mining Corporation has shown in our Goldboro Project. The Orex team has worked diligently over the past two years to update the Mineral Resource Estimates for Goldboro and to get a more detailed understanding of the geology of the Property. We at Orex are confident in the potential of Goldboro and look forward to working with a successful company such as Osisko in order to advance the exploration and development work. I see this as a very positive development for Orex, for Goldboro and for the Nova Scotia mining community. This strategic investment of time and resources on the part of Osisko will enable Orex to look for additional opportunities in Nova Scotia, as well as advancing more quickly the development of our Goldboro property."

Orex may pay finder's fees in connection with this transaction with Osisko to qualified parties in accordance with the rules of the TSX Venture Exchange and other regulatory authorities.

Private Placement

Orex plans to proceed with a financing of up to $1,500,000, consisting of 15,000,000 Units. Each Unit is comprised of one Common Share at a price of $0.10 per share and one Warrant, giving its holder the right to buy one Common Share at a price of $0.125 per share for a period of 36 months from closing.

In addition, Orex plans to proceed with a financing of up to $1,750,000, consisting of 14,000,000 Flow-Through Units. Each Flow-Through Unit includes one Flow-Through Share, priced at $0.125 per share, and one-half of one Flow-Through Warrant. Each Flow-Through Warrant will entitle its holder to subscribe for one Common Share at a price of $0.20 for a period of 24 months from closing.

The common shares and the common shares underlying the warrants in both financings mentioned above will be subject to a hold period of four months. This financing is subject to final Orex Board and regulatory approvals.

About Orex Exploration Inc.

Orex Exploration Inc. is a Canadian-based junior resource and exploration company trading under the symbol OX on the TSX Venture Exchange and O5D on the Frankfurt Stock Exchange. The Company holds a 100% interest in the Goldboro Gold Project in Nova Scotia.

Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. This news release may contain forward-looking statements reflecting the Company's objectives, estimates, expectations and the impact of acquisitions on the Company's financial performance. By their very nature, these types of statements involve risks and uncertainty. Consequently, reality may differ materially from the Company's projections or expectations.

[ernie021]

Orex Closes Hard Cash Private Placement
Orex Closes Hard Cash Private Placement
MONTREAL, QUEBEC, Oct. 23, 2009 (Marketwire) --

MONTREAL, QUEBEC -- (Marketwire) -- 10/23/09 -- OREX EXPLORATION INC. (TSX VENTURE: OX) (FRANKFURT: O5D) is pleased to announce the final closing of a non-brokered private placement of $2,110,000, consisting of 21,100,000 units. Each unit, at a price of $0.10 per unit, consists of one common share and one warrant giving the right to buy one common share at a price of $0.125 per share for a period of three years after closing. The common shares issued in this private placement and the shares underlying the warrants and finder's warrants (as defined below) are subject to a hold period of four months.

Orex will pay cash commissions and finder's fees of $148,400 and will issue 1,080,000 finder's warrants to Euroglobal Capital Partners (625,000), Canaccord Capital Corporation (430,000) and Haywood Securities Inc. (25,000); each finder's warrant entitles its holder to purchase one common share of Orex at a price of $0.125 per share for a period of three years after closing.

The net proceeds from this issue will be used for general working capital purposes, acquisitions and exploration and development work.

After taking into account the shares included in the units issued in this private placement, Orex now has 141,918,062 common shares issued and outstanding.

Corporate Update

As outlined in the Company's news release of September 29, 2009, Orex and Osisko Mining Corporation intend to sign an Option and Joint Venture Agreement in regard to the Goldboro Gold Project, subject to due diligence by Osisko. Since representatives of both Orex and Osisko were in Nova Scotia this week in this regard, both parties have mutually agreed to extend the 20-day limit for signing of the Option and Joint Venture Agreement.

About Orex Exploration Inc.

Orex Exploration Inc. is a Canadian based junior resource and exploration company trading under the symbol OX on the TSX Venture Exchange and O5D on the Frankfurt Stock Exchange. The Company holds a 100% interest in the Goldboro Gold Project in Nova Scotia. You are invited to browse the Company's website at www.orexexploration.ca.



Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Contacts:
Mark Billings
President and CEO
514-296-1641
[e-mail]

Paradox Public Relations
1-866-460-0408
[e-mail]






Source: Marketwire (October 23, 2009 - 4:05 PM EDT)

News by QuoteMedia
www.quotemedia.com

[richardkarlsen]

Orex and Osisko Sign Option and Joint Venture Agreement
Nov 12, 2009 9:04:00 AM

View Additional ProfilesMONTREAL, QUEBEC--(Marketwire - Nov. 12, 2009) - OREX EXPLORATION INC. (TSX VENTURE:OX) (FRANKFURT:O5D) is pleased to inform its shareholders that it has signed an Option and Joint Venture Agreement (the Agreement) with Osisko Mining Corporation (TSX:OSK). As outlined in the Company's news release of September 29, 2009, Osisko now has a working right and an exclusive option to acquire up to a 60% undivided interest in Orex's Goldboro property and surrounding claims in Nova Scotia (collectively, the Property), by incurring exploration and development work expenditures and by making a private placement in the Company. Other terms of the Agreement include the following:


- Upon signing of the Agreement, Osisko will close a subscription in
the capital stock of Orex of 13,000,000 Units at a price of $0.10
per Unit, for gross proceeds of $1,300,000. Each Unit consists of
one common share and one transferable common share purchase
warrant. Each transferable common share purchase warrant entitles
its holder to acquire one common share for $0.125 for a period of
three years. The common shares and underlying securities comprising
the Units are subject to a four-month hold period.

- In order to acquire a 50% undivided interest in the Property on or
before September 29, 2013 (the Initial Option), Osisko shall incur
exploration and development expenditures:

- In the amount of at least $1,500,000 on or before September
29, 2010;

- In the aggregate amount of at least $3,500,000 on or before
September 29, 2011; and

- In the aggregate amount of at least $8,000,000 over the
following two years, that is, on or before September 29,
2013.

- Osisko may, at its sole discretion, accelerate and apply
exploration and development expenditures to future years'
expenditures and, accordingly, the Initial Option may be
exercised sooner.

- Osisko shall solely fund a prefeasibility study to earn an
aggregate 60% interest (that is, an additional 10% interest) in the
Property on or before September 29, 2015 (the Additional Option).

Between now and up to September 29, 2015 (the Option Period), Osisko will be the manager of the project. A Management Committee will be formed during the Option Period with two representatives from each party. This Management Committee will be responsible for revising programs submitted by Osisko and for approving and evaluating the results of all programs. In the event of a tie, Osisko shall have the casting vote during the Option Period.

Upon acquiring a 50% or a 60% interest in the Property, a joint venture would be formed between Osisko and Orex.

Mark Billings, President and CEO of Orex, commented, "The signing of this Option and Joint Venture Agreement with Osisko is a very significant milestone for Orex. By having Osisko now as our partner, this will help us advance more quickly the development of the Goldboro Property, with the aim of eventually having an operating gold mine."

Subject to approval by the TSX Venture Exchange and other regulatory authorities, Orex may pay a finder's fee in connection with this transaction to Canaccord Adams in the amount of $65,000 in cash and 650,000 Units, which are to be issued on the same terms and conditions as the Units issued to Osisko and as described above.

[IIBI]

Antwort auf Beitrag Nr.: 38.374.287 von richardkarlsen am 12.11.09 15:12:44

YEEEAHHHH definitiv jetzt!

[Rohstoffinvestor]

Keiner mehr da ?
Ja ist still geworden um Orex. Ich finde das absolut gut.
Hier kann man geuldig warten und mit dem Partner Osisko hat man nichts zu befürchten.
Ich denke auf diesen Niveau wäre ein Einstieg langfristig interessant.
Jetzt warten mir mal auf die nächsten Bohrergebnisse.

[Rohstoffinvestor]

Noch stiller geworden. Keiner da ? Wuh....
Langsam kommen schöne Umsätze rein. Kurs steigt - aber niemanden interessierts.
Bin schon gespannt was kommt.....

[IIBI]

Antwort auf Beitrag Nr.: 38.710.833 von Rohstoffinvestor am 11.01.10 18:27:27

bin und bleibe dabei! Bohrungen starten im Januar unter den Leitung von Osisko...da dürfte was gehen!

[Rohstoffinvestor]

Antwort auf Beitrag Nr.: 38.716.266 von IIBI am 12.01.10 12:18:12

Toll - dachte ich wäre alleine.
Ja dann schauen wir mal was noch so kommt in diesem Jahr an Ergebnissen.
Ich denke mit Osisko an der Seite sollte es klappen......

[IIBI]

Antwort auf Beitrag Nr.: 38.721.899 von Rohstoffinvestor am 12.01.10 21:34:39

mal sehen wann die ersten Ergebnisse reinkommen....hast du eine Ahnung?

[Rohstoffinvestor]

Antwort auf Beitrag Nr.: 38.855.698 von IIBI am 01.02.10 15:53:54

Ich denke hier werden wir uns gedulden müssen.
Auf der Homepage ist nichts genaues zu lesen - nur das gebohrt wird.
Aber gut Ding braucht Weile....

[IIBI]

Antwort auf Beitrag Nr.: 38.867.925 von Rohstoffinvestor am 02.02.10 22:37:22

naja ich rechne so: Bohrungen im Januar begonnen, erste Proben ins Labor nach zwei Wochen, dann zwei Wochen Auswertungszeit...also Ende Feb, Anfang März könnte es losgehen! mit Ergebnissen

[IIBI]

sie zuckt wieder nach oben....bald sollten die Ergebnisse da sein!

Ich bin mal frech und sage, Osikso wird Orex übernehmen für mindestends 0,50 CAD je Aktie!

[IIBI]

Umsatz stark...sehr komisch

[IIBI]

hat wer ne Ahnung, wann ergebnisse von Osisko/Orex kommen?

[richardkarlsen]

wenn ich mir das Volumen anschauen, dann sollten die Ergebnisse sehr bald kommen. Aktuell ist OX saubillig! Wir haben hier ein Potential zwischen 3 und 6 Mio. Unzen!!!

[Rohstoffinvestor]

Antwort auf Beitrag Nr.: 39.269.521 von richardkarlsen am 02.04.10 18:51:28

Wäre schön wenn es soviele würden. Dann würde 1 CAD nicht reichen im Kurs.....
Wird spannend dieses Jahr....

[richardkarlsen]

Antwort auf Beitrag Nr.: 39.269.781 von Rohstoffinvestor am 02.04.10 20:18:58

ich wäre schon mit 50 cent mehr als happy!

schwer zu sagen wohin es gehen kann, es wird auf jeden fall verdammt spannend, was auch immer passieren wird.

[richardkarlsen]

Billings in den news

http://www.scribd.com/doc/29324265/Antigonish-Casket-Aritcle…

[IIBI]

Antwort auf Beitrag Nr.: 39.303.846 von richardkarlsen am 09.04.10 16:24:29

cool, woher hast du das?

[richardkarlsen]

war in meiner wochenzeitung!

[richardkarlsen]

denke Orex wird bald ausbrechen!

[IIBI]

überlege, nochmal paar zu kaufen...gibts ne ehrliche Einschätzung?

[richardkarlsen]

ich will jetzt mal endlich die ergebnisse sehen, ist verdammt spannend und Osisko lässt sich zeit mit der veröffentlichung.

[Tealc33]

Press Release Source: Orex Exploration Inc. On Thursday April 29, 2010, 3:08 pm EDT
MONTREAL, QUEBEC--(Marketwire - 04/29/10) - OREX EXPLORATION INC. (TSX-V:OX - News)(Frankfurt:O5D - News) is pleased to provide shareholders with initial results from the Phase 2F drilling campaign at the Company's wholly-owned Goldboro Gold Property. As previously announced on January 27, 2010, Osisko Mining Corporation budgeted $2.8 million for the Phases 2D, 2E and 2F drilling campaigns and for a regional compilation and Goldboro reconnaissance program.

Osisko began with the 4,728 m / 18 holes Phase 2F drilling campaign, which is set to replace some incomplete and/or non-compliant historic drill results with compliant data primarily in the deeper portions of the Ramp Area Mineral Resources and extending westward towards West Goldbrook. Following Phase 2F, Osisko continued with the Phases 2D (5,492 m / 28 holes) and 2E (2,769 m / 13 holes) drilling campaigns, which continued westward along the remaining 1.7 km segment of the Boston Richardson Deformation Zone from the Ramp through West Goldbrook to Dolliver Mountain.

Orex is pleased to inform shareholders that all 59 holes for the Phases 2D, 2E and 2F drilling campaign, representing 12,989 metres, have been completed. All holes have been logged and sampled, and all samples have been shipped to the ALS Laboratory facilities in Sudbury, Ontario for preparation and analysis in Vancouver, British Columbia. Highlights from the first 6 holes (one of which assays are still pending) of the Phase 2F drilling campaign are presented below:


-------CORE GOLDHOLE # FROM (m) TO (m) LENGTH(m) GRADE(g/t)
OSK-10-01 190.55 206.55 16.00 0.87268.25 275.10 6.85 1.42
OSK-10-02 Assays pending
OSK-10-03 47.85 48.35 0.50 16.95(i)78.00 88.00 10.00 0.62117.50 125.00 7.50 2.91including 117.50 119.00 1.50 13.85137.00 149.00 12.00 1.19161.50 202.50 41.00 0.55230.85 264.45 33.60 0.67including 245.08 245.50 0.42 12.50including 245.50 246.00 0.50 10.35(i)

OSK-10-05 61.50 63.00 1.50 5.88126.50 165.85 39.35 0.61including 137.50 138.50 1.00 5.99including 146.70 147.35 0.65 5.01205.95 220.50 14.55 1.57including 209.00 209.50 0.50 12.90(i)including 209.50 210.00 0.50 12.45

OSK-10-07 163.00 260.00 97.00 0.70including 167.75 168.25 0.50 10.75(i)including 247.80 248.80 1.00 18.30---------------------------------------------------------------------

OSK-10-08 114.00 177.50 63.50 0.53including 155.35 155.85 0.50 25.70(i)204.40 228.30 23.90 1.01including 213.52 214.02 0.50 7.04(i)including 215.35 215.85 0.50 20.80(i)---------------------------------------------------------------------(i) Metallic Screen Assay
Mark Billings, President and CEO of Orex, commented, "These initial results from Phase 2F are very encouraging, as they will help us validate our theory that the mineralized zones at Goldboro can be interpreted as larger structural domains rather than just in narrow, high-grade belts. As we know, within the defined larger structural domains model, the main constraints to the distribution of grade were the un-sampled intervals assigned 0 g/t gold values in the historic drilling. Some 97 holes from the 254 drill hole historic database (pre-1996) were selectively assayed and contain un-sampled intervals. All 59 current diamond drill holes, as well as the 67 holes drilled between 2004 and 2009, were sampled continuously through the larger mineralized sections. As we expected, with this current infill drilling, we are seeing significant lower-grade gold mineralization, in areas where we previously assumed there was 0 g/t gold."

QA/QC Sampling and Analytical Protocols

Sample preparation and assaying are being performed by the ALS Laboratories Group using conventional Fire-Assaying with an Atomic Absorption Spectrometry finish. The NQ-sized drill core is being logged, sampled, bagged, tagged and sealed at the Goldboro site by qualified personnel. Samples were inserted in numbered pails, sealed and shipped in batches to the sample preparation laboratory in Sudbury, Ontario by commercial trucking. Sample pails were opened at the laboratory; sample bags were checked, contents dried and weighed; crushed to -10 mesh (2mm), followed by pulverizing a 250 gram sample fraction to -150 mesh size (0.125mm), from which a 50 gram sample of the pulp was fire assayed. Pulp duplicate check assays are completed in each batch of samples assayed and Total Metallic Screen assays for samples containing visible gold are included in the initial assay protocols. Field blank and certified reference standards are also routinely included to monitor the laboratories' performance.

After review of initial assay results and reconciliation with the logged zones of mineralization, specific samples will be identified for re-assaying by the MS method while other samples will have a second pulp prepared from the coarse reject and re-assayed by the AAS Method. Multiple assay determinations provide a more accurate determination of gold content in the samples.

[IIBI]

Antwort auf Beitrag Nr.: 39.432.550 von Tealc33 am 30.04.10 12:33:30

hi schon gesehen, was meinst du dazu...ich denke auf den ersten Blick normal...denke aber, da kommt noch viel Besseres nach

[Tealc33]

ICh kann nur soviel sagen, das Sean nicht um sonst 2,8 Millionen ausgibt um ürgend wo zu Bohren..........wir erden noch schöne ergnisse sehen und dann würd sich auch der ärgern der heute Verkauft hat.

[IIBI]

Antwort auf Beitrag Nr.: 39.432.984 von Tealc33 am 30.04.10 13:20:06

okay, dann sind wir beide auf einer Linie. OSK weiß was zu tun ist und die 2,8 Mios sind ja nur der Anfang.....

evtl. soll die Aktie nochmal zurück kommen, dass OSK gleich am Markt mehr kaufen kann? halten ja schon 10% an Orex

[richardkarlsen]

interessante situation, denke wir können nur abwarten, denke aber OX sollte ok sein.

[IIBI]

Antwort auf Beitrag Nr.: 39.433.163 von richardkarlsen am 30.04.10 13:37:50

Gegenbewegung am Freitag mit über 7% Plus! Scheint also ob wir richtig liegen, Käufe kommen schon wieder rein!

[IIBI]

ACHTUNG! geile News heute:

Orex drills 35.5 m of 4.07 g/t Au at Goldboro

2010-05-11 11:16 ET - News Release

Mr. Mark Billings reports

OREX EXPLORATION ANNOUNCES ADDITIONAL DRILLING RESULTS INCLUDING 4.07 G/T AU OVER 35.5 METERS

Orex Exploration Inc. is providing shareholders with additional results from 11 holes of the 4,728-metre/18-hole phase 2F diamond drilling campaign at the company's wholly owned Goldboro gold property in Nova Scotia. The current drill holes will replace a number of incomplete and/or non-compliant historic drill results with compliant assay data primarily in the deeper portions of the Ramp Area and extending westward towards West Goldbrook.

In the last Mineral Resource Estimates (MRE) compliant with the NI-43-101 Technical Report dated August 4, 2009, the results of some historic drill holes were assumed at 0 g/t Gold; the 18 holes of the Phase 2F were drilled in order to replace some of those historic drill results by assay results which are in conformity with the QAQC Sampling and Analytical Protocols actually in application - Refer to the section "the Goldboro Gold Property" hereunder and to the NI 43-101 Technical Report posted on Sedar.

Highlights from these 11 additional drill holes(i) of the Campaign are presented in the accompanying table.

HOLE # FROM (m) TO (m) CORE GOLD
LENGTH(m) GRADE(g/t)

OSK-10-02 233.70 300.00 66.30 1.17
including 234.50 235.00 0.50 35.60(ii)
including 267.50 268.00 0.50 46.40(ii)
------------------------------------------------------------
OSK-10-10 162.00 205.00 43.00 0.51
245.50 248.00 2.50 3.90
------------------------------------------------------------
OSK-10-12 130.00 153.90 23.90 0.43
229.00 240.55 11.55 0.92
------------------------------------------------------------
OSK-10-13 202.00 220.50 18.50 0.86
including 202.00 202.50 0.50 16.10(ii)
248.50 267.00 18.50 0.45
including 259.50 260.00 0.50 6.19(ii)
------------------------------------------------------------
OSK-10-14 146.00 160.00 14.00 1.86
including 148.00 152.00 4.00 10.75
------------------------------------------------------------
OSK-10-16 136.50 172.00 35.50 4.07
including 144.50 155.00 10.50 12.97
including 146.00 146.50 0.50 237.00(ii)
229.00 242.50 13.50 0.90
------------------------------------------------------------
OSK-10-19 173.00 215.20 42.20 1.97
including 198.10 198.60 0.50 27.90(ii)
229.50 252.50 23.00 0.65
including 246.00 247.00 1.00 6.70
------------------------------------------------------------
OSK-10-21 57.00 70.50 13.50 4.76
including 70.00 70.50 0.50 117.50(ii)
152.00 165.00 13.00 0.45
178.50 236.00 57.50 0.63
including 209.00 210.00 1.00 15.75
------------------------------------------------------------
OSK-10-23 140.00 159.00 19.00 0.53
207.00 213.70 6.70 13.40
including 207.00 208.50 1.50 55.70
------------------------------------------------------------
OSK-10-24 90.00 150.00 60.00 0.48
including 115.30 116.00 0.70 19.10
------------------------------------------------------------
OSK-10-25 36.00 83.00 47.00 0.42
235.00 238.00 3.00 6.68
including 235.00 236.00 1.00 19.10

Notes: (i) Assay results from drill holes OSK-10-01, 03, 05, 07 and 08 were previously issued on April 29, 2010; (ii) Metallic Screen Assay / Visible Gold

The reported intersections in the table above represent weighted average intervals of no less than 10 meters (for bulk mining scenarios) of individual assays grading above a 0.35 g/t cut-off. In some instances weighted intervals of less than 10 meters are reported to highlight significantly higher grade intersections (i.e. 6.7 meters of 13.40 g/t - OSK-10-23).

Mark Billings, President and CEO of Orex, commented, "As anticipated, these additional results from the infill drilling continue to show significant zones of low-grade gold in areas which were previously assumed to be barren. Management of Orex believes that these results will help us to improve the gold resources at Goldboro when we update our Mineral Resource Estimates with this new information."

The drill holes were angled from each side (ie., north and south) of the approximately 100 metre wide deformation zone centred on the hinge of the Boston-Richardson Anticline Structure (the "BRAS"). Each drill hole was terminated near the BRAS hinge to prevent down-dip drilling on the opposing limb, thus each hole penetrated only 50% of the total width of the deformation zone (ie., one limb of the BRAS).

Gold in the Ramp Area is linked to shears (such as the "123", "456" and "78" Zones) combining quartz veins, veinlets and stockworks, and highly altered host rocks. These high grade zones host millimetre to centimetre sized gold nuggets in both the quartz veins and host rocks. Assays vary from higher gold grades (in excess of 10 g/t, commonly in the hundreds of g/t) when nuggets are encountered to lower grades (under 2 g/t) when host rocks are altered with silica, chlorite and sulphides. Correlation of the higher grade individual mineralized shear zones is still pending.

QA/QC Sampling and Analytical Protocols

Please refer to the Company's news release dated April 29, 2010 detailing QA/QC sampling and analytical protocols.

After review of initial assay results and reconciliation with the logged zones of mineralization, specific samples will be identified for re-assaying by the Total Metallic Screen method while other samples will have a second pulp prepared from the coarse reject and re-assayed by the AAS Method. Multiple assay determinations provide a more accurate determination of gold content in the samples.

The Goldboro Gold Property

The current Mineral Resource Estimates ("MRE") for Goldboro at a cut-off gold grade of 1.5 g/t are 2.711 million tonnes grading 4.56 g/t gold, totalling 397,200 gold ounces in the Measured+Indicated Resources categories, with an additional 3.438 million tonnes grading 3.67 g/t gold totalling 405,926 gold ounces in the Inferred Resource category. Assuming a lower 0.5 g/t cut-off, the Measured+Indicated Resources are 7.933 million tonnes grading 2.13 g/t gold totalling 542,000 gold ounces, with additional Inferred Resources of 10.389 million tonnes grading 1.78 g/t gold totalling 594,121 gold ounces (refer to Orex's news release dated August 4, 2009, and the NI 43-101 Technical Report posted on SEDAR at www.sedar.com).

Option on Goldboro Gold Property Granted to Osisko Mining Corporation

In order to acquire a 50% undivided interest in the Goldboro Gold Property on or before September 29, 2013 (the Initial Option), Osisko shall incur exploration and development expenditures in the amount of at least $1,500,000 on or before September 29, 2010; in the aggregate amount of at least $3,500,000 on or before September 29, 2011; and in the aggregate amount of at least $8,000,000 over the following two years, that is, on or before September 29, 2013. Osisko may, at its sole discretion, accelerate and apply exploration and development expenditures to future years' expenditures and, accordingly, the Initial Option may be exercised sooner. Osisko shall solely fund a prefeasibility study to earn an aggregate 60% interest (that is, an additional 10% interest) in the Property on or before September 29, 2015 (the Additional Option).

We seek Safe Harbor.

[Rohstoffinvestor]

News - aber was macht der Kurs ? Gar nichts ?
Ist schon komisch. Aber momentan ist die Kursentwicklung der Explorer wirklich enttäuschend. Der Markt ist sehr vorsichtig derzeit.

[IIBI]

Antwort auf Beitrag Nr.: 39.502.907 von Rohstoffinvestor am 11.05.10 20:44:32

das ist enttäuschend...verstehe ich nicht

[MrRipley]

Bin heute wieder eingestiegen.
Ist ja selten, an solchen Tagen gute Werte günstig zu bekommen.

[IIBI]

Antwort auf Beitrag Nr.: 39.503.632 von MrRipley am 11.05.10 22:22:01

das stimmt!

[denbert]

jungs lest euch mal das hier durch:
http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&…
echt krasser Typ dieser Scuderia. Seine Analysen bewegen mich seit 1 Woche, OX zunehmend zu kaufen. Kaufe seit 0,135, 0,13 & 0,125.
warum sich der Kurs nicht bewegt trotz guter News? tja, weil die big Boys hier gerade am mitmischen sind:
http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&…
diese Analyse von Scuderia ist auch nicht übel:
http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&…

echt krass was hier abgehen muss im Hintergrund.

[IIBI]

Antwort auf Beitrag Nr.: 39.530.698 von denbert am 17.05.10 11:10:11

was der schreibt, klingt für mich mehr als logisch! irgendwann (und ich warte schon eine Weile) wird OX explodieren und wenn es durch die Übernahme von Osisko ist!

[Rohstoffinvestor]

Antwort auf Beitrag Nr.: 39.533.178 von IIBI am 17.05.10 16:54:02

Dann sollte man jetzt nachkaufen. Panik am Explorermarkt.
Mit wenig Umsatz werden einige rausgespült.
So macht Börse Spaß. Wer Cash hat freut sich jetzt auf günstige Einstiegskurse....

[Rohstoffinvestor]

Interessiert niemanden ?

Orex Exploration Inc. veröffentlicht vielversprechende Bohrergebnisse von Goldboro
Das Unternehmen hat weitere Ergebnisse der Phase 2F und neue Ergebnisse der Phasen 2D und 2E des Diamant-Bohrprogramms auf der Goldboro-Liegenschaft in Nova Scotia veröffentlicht. Das Programm beinhaltet 59 Bohrlöcher über 12.995,5 Meter. Orex Exploration entwickelt das Projekt mit Osisko Mining Corp.

Ich denke die Kurse um 11 Cent sollten tief genug sein zum einsammeln....

[IIBI]

Antwort auf Beitrag Nr.: 39.674.958 von Rohstoffinvestor am 13.06.10 14:36:58

super Ergebnisse wieder! wenn der Kurs nicht bald mal richtig hochgeht, wird es für OSK ein Leichtes, Orex aufzukaufen!

[IIBI]

Antwort auf Beitrag Nr.: 39.676.852 von IIBI am 14.06.10 11:15:06

heute neue Ergebnisse: 21 Meter mit über 9 Gramm Gold.....

[Rohstoffinvestor]

Antwort auf Beitrag Nr.: 39.757.935 von IIBI am 30.06.10 15:30:09

Ja tolle Ergebnisse - aber wenn interessierts es :niemanden.
Umsätze steigen, der Kurs aber nicht.
Hier dreht irgendwer an der falschen Schraube.
Momentan werden die Explorer abgestraft - egal was kommt.
Überall geht es steil bergab. Erinnert mich schon fast an 2008.
Da gab es Osisko Aktien um 1 euro......
Aber da muß man durch. Geduld ist gefragt....

[grasgruener]

+ ein klares Bekenntnis von Osisko zu Orex und Einhaltung aller Zusagen!

Orex Exploration reviews Goldboro screen results
2010-11-01 11:27 ET - News Release

Mr. Mark Billings reports

OREX EXPLORATION INC.: UPDATE ON THE GOLDBORO EXPLORATION PROGRAM

Orex Exploration Inc. has provided shareholders with the following update on the 2010 drilling campaign on the company's wholly owned Goldboro gold property. As previously announced, the project operator Osisko Mining Corporation has completed a total of 59 drill holes (12,995.5 metres) during the 2010 program in three campaigns (phases 2D, 2E and 2F) covering the Ramp Area, West Goldbrook and Dolliver Mountain segments of the gold mineralized Boston-Richardson anticlinal structure.

A reverse circulation drilling campaign was also conducted on the Goldboro gold property. Reverse circulation drilling is a method for obtaining chip samples of mineral occurrences at or near surface.

The management teams of Orex and Osisko and the geological consultants to Osisko recently met to review the last total metallic screen results and the results from the reverse circulation drilling campaign. Orex has not yet received all of the data and results from the geological team. As soon as the company receives all of this information, it will be communicated to shareholders by means of press release.

In order to acquire a 50-per-cent undivided interest in the Goldboro gold property on or before Sept. 29, 2013, Osisko shall incur exploration and development expenditures in the amount of at least $1.5-million on or before Sept. 29, 2010; in the total amount of at least $3.5-million on or before Sept. 29, 2011; and in the total amount of at least $8-million over the following two years, that is, on or before Sept. 29, 2013. Osisko may, at its sole discretion, accelerate and apply exploration and development expenditures to future years' expenditures and, accordingly, the initial option may be exercised sooner. Osisko shall solely finance a prefeasibility study to earn an aggregate 60-per-cent interest (that is, an additional 10-per-cent interest) in the property on or before Sept. 29, 2015.

Orex is pleased to report that Osisko has incurred exploration and development expenditures in excess of the $1.5-million minimum required by Sept. 29, 2010.

Osisko has confirmed it will continue to incur expenditures under the option and joint venture agreement. Furthermore, Osisko has requested the geological consultants to prepare a drilling plan and budget for the next phase of the drilling campaign on the Goldboro gold property. As this is presently a work in progress, once decisions have been made by Osisko, this information will be communicated to shareholders.

We seek Safe Harbor.

[grasgruener]

ich denke wir werden bis Jahresende noch einiges sehen
Orex wird das jetzige Kursniveau verlassen

"..............
Osisko legt ja einiges auf den Tisch.

1,3 Millionen für die Aktien und dann evtl. nochmal 1,625 Millionen wenn sie die options ausüben, also hier alleine rund 3 Millionen.


und dann noch 13 Millionen an Explorationsarbeiten.

insgesamt lassen sie sich es also 16 Millionen kosten und die ganze firma kostet bei 14 cent ja nur 18 Millionen....


also sehe ich hier schon noch deutliches Potenzial!..........."

[grasgruener]

bin seit gestern mit einer Posi zu 0,10 CAD dabei - Orex iss eine glasklare Nachzüglerchance!

http://bigcharts.marketwatch.com/charts/big.chart?symb=CA%3A…

[grasgruener]

"...........
yhzsailor4posted on 11/1/2010 8:01:05 PM | 49 reads | Post #109431 Rate thisclarity
NoneOX

Hold Just capturing my latest musings on the latest disclosures from OX.

I spoke with Mark on Friday and I can tell you he certainly knows of the frustration of everyone here and expressed his own. Some of which Ithink is reflected in the PR. I don' think this is the complete release Mark wanted to put out, but since he's been left swinging in the wind with little option he had to say something.

I appreciate that OX have clearly pointed the finger at the geologists, employed by OSK. Certainly this won't Mark many favours...sort of the "I really want to do this but the lawyers won't let me" ploy. If its the truth though it should sting and maybe something will happen as a result. At least we can debate and argue the timing and the contents of the next press release for our endless amusement.

Really annoyed though that these PR never get simultaneously released by both OX and OSK and put on the web page all at once. Really seems disjointed in that that OX looks like it's speaking for OSK and in this PR they commit them to drilling. Presumably their board approved the drilling campaign but yet they feel no need to tell their own shareholders? Frankly it smells like they still want to keep some distance so they can cut us loose in the future. I said earlier I think a game of corporate poker is being played. Right now my gut tells me OSK is trying to shake the tree on management and shareholders with the AGM coming up.

No one has been told where the RC drill holes are located. They had one monster truck up there, so where the heck did it go and drill these holes?

Did anyone notice that Paradox is now dropped as an IR firm from the press releases? On the last one both firms were listed.

From the MD&A here are a few things I noticed:

On the bottom of page 3 related to the drilling "In the last Mineral Resource Estimates (MRE) compliant with the NI-43-101 Technical Report dated August 4, 2009, the results of some historic drill holes wereassumed at 0 g/t Gold; the 18 holes of the Phase 2F were drilled inorder to replace some of those historic drill results by assay results which are in conformity with the QAQC Sampling and Analytical Protocols actually in application; those changes will increase the ounces of gold in this portion of the Goldboro Property in the next MRE."However its a bit confusing, because later on they mention 2D & 2E drilling to replace non compliant resources but don't actually mention whether this will increase the resource count.

I also find it interesting that for the Dolliver mounting drilling theyimposed a cut-off of 60g/ton but not on any of the other results?!? Certainly the Dolliver Mountain stuff will definitely increase the inferred resource count. They did come up empty on a few more holes than I thought.

1.4 Million Warrants have been exercised since January of this year.7.4 Million warrants expire on December 30th of this year. It will be interesting to see what happens with those.

Company reports $613,514 in Cash and Equivalents but avoids really discussing that there are $2,509,268 in term deposits (mentioned only once). So really the company at the end of June had $3,122,000 in cash to spend. The presentation of the company's balance sheet is messy -you have to dig to figure out just how much liquidity and current assets they have. Regardless with respect to the cash and term deposits - none of that is reserved for future exploration - this means all the money raised through Flow Through shares is spent... and management can spend that 3.1MM on whatever is required (mill, facilities, staff etc.) So the company is in fairly good financial shape.

Also no forward looking statements with regards to claim renewals. We have 900+ square kilometers of claims that come up for renewal on November 26th. We have not indiciation on what will be kept and what will be let expire. Presumably they've had 6 months to pick out the claims that they want to keep. They cannot possibly have done enough field work on everyone of the claims to keep them current without spending renewal money.

The net for me is we see the source of the delays, perhaps an effort to pressure the big guy in the marriage (J/V) with what little leverage wehave (calling them slow-pokes) while we hold onto their cash.

Interesting but not earth shattering. Lets see the RC and Metallic Assay results....."

[grasgruener]

Current Resource Estimates
In September 2009, Orex published a Mineral Resource Estimatecompliant with National Instrument 43-101 standards. They presented theresource estimate with a variety of cut off grades, the two most notableare represented below:[6]


With a cut-off grade of 0.5 g/t Au, the Mineral Resource was as follows:

519,000 tonnes grading 3.08 g/t AU (51,400 ounces) within the Measured category
7,414,000 at 2.06 g/t Au (491,400 ounces) within the Indicated category; and
7,933,000 grading 2.13 g/t Au (542,800 ounces) within the Inferred category.
The Measured and Indicated Resource represents a total of 15,866,000 tonnes grading 2.21 g/t Au (1,085,600 ounces).

The Results of the 2009 Mineral Resource Estimate with a cut-off grade of 1.50 g/t Au are as follows:

270,000 tonnes grading 4.99 g/t Au (43,300 ounces) within the Measured category
2,441,000 tonnes at 5.99 g/t Au (353,900 ounces) within the Indicated category; and
3,438,000 tonnes grading 3.67 g/t Au (405,900 ounces) within the Inferred category.
The Measured and Indicated Resource represents a total of 2,711,000 tonnes grading 4.56 g/t Au (397,200 ounces).

A major issue with this estimate was that 96 DD samples used inprevious reserve estimates were dropped from the model due to less thancomplete historic sampling required for the new geological model beingused. This resulted in a significantly lower than expected resource.Orex is currently resampling the areas that these holes covered as wellas new areas.

[grasgruener]

die 0,10 CAD ist die Barriere im Moment - allerdings sollte man mit Limit günstig weitersammeln
abgerechnet wird am Jahresende und bei OX rechne ich durchaus in absehbarer Zeit mit handefesten News!

[grasgruener]

spätesten bei 0,085 und 0,09 CAD sollte man sammeln - ich bin überzeugt da Orex Exploration mit dem Trackcode ein der Nachzüglerchancen überhaupt ist!

solche Storys mag der Markt - müssen nur entsprechend "zu Tage" gefördert werden / entdeckt werden.........

Osisko ist Operator, keine Cashprobleme und sehr gute Ergebnisse aus der diejährigen Kampagne.........was soll da bei gleichbleibenden Rahmenbedingungen scheif gehen?
höchsten das Osisko den Laden für 0,20 CAD pro Aktie übernimmt

OX hat im Moment knapp 1 Mio Unzen Gold - bei 0,20 CAD wäre das eine Bewertung von ca. 40 US$ pro Unze

[Rohstoffinvestor]

Hallo Grasgrüner.
Danke für die Infos. Ich denke irgendwann hebt es den Deckel von Orex.
So wird es nicht weitergehen. Für mich ein klarer Kauf !!!!

[IIBI]

ich schnall es einfach nicht. Osisko ist zufrieden und will nochmal paar millionen reinstecken. d.h. das PRojekt ist super und Orex wird minimum 40% am Projekt behalten....normal müsste die Aktie bei 0,20 - 0,30 CAD stehen aber nicht bei 10 cents

[Rohstoffinvestor]

Antwort auf Beitrag Nr.: 40.445.330 von IIBI am 03.11.10 14:57:25

Nur Geduld - jetzt noch nachkaufen - aber nicht zu laut weitersagen..

[grasgruener]

Antwort auf Beitrag Nr.: 40.445.345 von Rohstoffinvestor am 03.11.10 14:58:51

jepp - alles zu seiner Zeit.........und Orex´s Zeit kommt!

[grasgruener]

Antwort auf Beitrag Nr.: 40.445.520 von grasgruener am 03.11.10 15:16:58

die 0,09 CAD iss im Moment der Boden, sehr fettes BID

[grasgruener]

jeder Tag bringt uns dieses Jahr dem Ausbruch näher.......

durch die FED-Veröffentlichung steht nun einer weiteren Hausse bei Gold nichts im Wege

steigendes Defitiz in USA
steigende Staatsverschuldung
sinkender US$

und OX ? - wird auch noch entdeckt werden!

[grasgruener]

bei 0,10 CAD alles aus dem ASK gekauft, nun iss die 0,105 dranne.........

[grasgruener]

[grasgruener]

SK 0,11 CAD - sehr schön.....

[Montekaolino]

Hallo wen Intersesse bitte mal auf Wikipedia schauen.


http://en.wikipedia.org/wiki/Orex_Exploration


Montekaolino

[grasgruener]

http://www.marketwire.com/press-release/Orex-Osisko-Reverse-…

Zitat von [url=http://peketec.de/trading/viewtopic.php?p=968544#968544]NewAccount schrieb am 18.11.2010, 20:44 Uhr[/url]: Nov 18, 2010 14:28 ET
Orex & Osisko: Reverse Circulation Drilling Results on Goldboro Gold Property

MONTREAL, QUEBEC--(Marketwire - Nov. 18, 2010) - OSISKO MINING CORPORATION (TSX:OSK)(FRANKFURT:EWX)and OREX EXPLORATION INC.(TSX VENTURE:OX)(FRANKFURT:O5D) would like to provide shareholders with the results from the Reverse Circulation (RC) drilling program on the Goldboro Gold Property in Nova Scotia. RC drilling is a method for obtaining chip samples of mineral occurrences at or near surface, in both overburden and bedrock. A total of 64 RC holes (holes OSK10RC-130 to OSK10RC-194), representing 505 metres, were drilled on the Goldboro Gold Property. .............................

"The RC drilling results have successfully identified bedrock gold mineralization on the East Goldbrook portion of the Goldboro Gold Property, where there has not been a lot of historic drilling, as well as at West Goldbrook" said Mark Billings, President and CEO of Orex Exploration. "We know that most of the gold-bearing structures at Goldboro come to surface. These RC drilling results particularly at East Goldbrook, which include 10.85 g/t Au and 25.65 g/t Au in two bedrock samples, provide us with some encouragement about the gold potential in these areas."

Although some of the RC drilling results could be used in a future resource estimate, this program was not intended to expand the NI 43-101 resource estimate; rather it was designed to explore new areas on the Goldboro Gold Property. RC drilling is a cost effective way of testing potential near-surface gold mineralized structures identified by the ongoing exploration on the Property. The program has been successful in the identification of future diamond drilling target areas.

The Reverse Circulation drilling was conducted by Archibald Drilling and Blasting of Truro, Nova Scotia. Sampling was done along roadside at approximately 20-metre spacing (no grid pattern). Overburden samples were collected over a 1-metre downhole length above the bedrock overburden interface. Bedrock chip samples were collected at 1-metre downhole length from the top of bedrock, generally to depths of 1-3 metres, but up to 12 metres in selected holes. All samples collected during the program were delivered by Mercator Geological Services or Armour Transport to the Minerals Engineering Centre (MEC) at Dalhousie University in Halifax, Nova Scotia, where analysis was carried out.

Each sample submitted to MEC was subjected to multiple stages of jaw crushing until grains were less than 4.0 mm. Analytical splits of 200 grams were obtained by riffle splitting and then pulverized with a ring and puck pulverizer to a grain size of less than 0.15 mm. A 30-gram split of this fraction was collected and analyzed by Fire Assay, lead collection and Atomic Adsorption Spectrometry (AAS) finish.

Option on Goldboro Gold Property Granted to Osisko Mining Corporation

In order to acquire a 50% undivided interest in the Goldboro Gold Property on or before September 29, 2013 (the Initial Option), Osisko Mining Corporation shall incur exploration and development expenditures in the amount of at least $1,500,000 on or before September 29, 2010; in the aggregate amount of at least $3,500,000 on or before September 29, 2011; and in the aggregate amount of at least $8,000,000 over the following two years, that is, on or before September 29, 2013. Osisko Mining Corporation may, at its sole discretion, accelerate and apply exploration and development expenditures to future years' expenditures and, accordingly, the Initial Option may be exercised sooner. Osisko Mining Corporation shall solely fund a prefeasibility study to earn an aggregate 60% interest (that is, an additional 10% interest) in the Property on or before September 29, 2015 (the Additional Option).

Osisko Mining Corporation and Orex Exploration are pleased to report that Osisko Mining Corporation has spent more than the $1,500,000 required in exploration and development expenditures in the first year of the Initial Option

[colans]

Bin seit wochen hier am einsammeln..
ein sehr ruhiger wert der ziemlich niedergrprügelt wurde, dennoch steckt hier meine meinung nach viel potenzial.
es sieht alles danach aus das osisko den laden (oder die liegenschaft) in zukunft übernehmen wird...frag sich nur zu welchem preis..
ich werde auf diesem niveau weiter sammeln und liegen lassen.
geduld ist der schlüssel zum erfolg bei einem explorer.

[Chrischy]

@colan,

dein Wort in Gottes Ohr.

Es ist hier ruhig geworden. Und der Wert zu weit unten! Ich hoffe hier kommt noch was.

Weiß bloß net mehr woher ich die Empfehlung her habe? Hats der GR noch auf der Liste?

Danke

VG Chris

[Rohstoffinvestor]

Antwort auf Beitrag Nr.: 40.810.934 von colans am 06.01.11 14:16:42

Ich hoffe deine Strategie geht auf bei Orex. Ich kaufe ebenfalls noch zu.
Ich denke Orex könnte in 2011 mal etwas zulegen.Die Aktie ist noch ein Schnäppchen...

[colans]

@chryschy
ein ruhiger wert, der potenzial in sich birgt, meine meinung nach sehr optimal. ist für mich immer ein perfekter zeitpunkt zum einsteigen.


@rohstoffinvestor
ich hoffe auch dass jedes mal meine strategie aufgeht.
immerhin sind wir bei einem explorer hier kann immer noch alles passieren egal wie die aussichten sind.
man kann leider nicht hinter die kulissen schauen.
im moment gefallen mir 2 sachen bei orex nicht.
zum einen besitzt sie nur ein projekt
zum anderen befüchrte ich dass osisko den laden für ein schnäppchen übernehmen wird..hier muss man schauen wie kompetent das orex managment ist.
aber das sind meine meinung nach überschaubare risiken.
den gold haben sie ja gefunden und es kommen noch mehr hinzu. allerdings ist mir noch nicht klar wieso einer bei stockhouse auf eine auftockung von 5mio unzen gekommen ist..übertreibt er? was üblich wäre) oder ist da doch was dran? kann vllt einer der alten hierzu kurze info geben?
tatsache ist, osisko hat grosses interesse an diese liegenschaft
und das kann/darf man als investor m.M.n auf keinen fall ignorieren.

[Rohstoffinvestor]

Antwort auf Beitrag Nr.: 40.816.063 von colans am 07.01.11 02:08:58

Ja deine Bedenken sind zu recht. Aber bei diesem Kurs geht man kein allzu großes Risiko ein - und das ist bei einem Explorer sonst nicht möglich.
Kann sein das wir billig übernommen werden - aber mit diesem Risiko muß man leben.

[OdeBero]

Antwort auf Beitrag Nr.: 40.816.063 von colans am 07.01.11 02:08:58

5 Mio unzen gold will man auf der Liegenschaft nachweisen...könnte gelingen...einen sofortigen anstieg der Resource auf 5 Mio halte ich für unwahrscheinlich.

[colans]

Antwort auf Beitrag Nr.: 40.817.043 von OdeBero am 07.01.11 10:07:35

@odebero
danke für die info

ich lese zur zeit immer noch die berichte von orex durch
bin auf das hier gestoßen..vllt kann mir irgendjemand weiterhelfen

Montreal, Canada, November 30, 2010: OREX EXPLORATION INC. (TSX-V: OX; Frankfurt:
O5D) would like to provide shareholders with some results from a field exploration program that was
recently conducted on the Company’s wholly-owned western portions of the Stillwater and Goldenville
trends located approximately 10 to 20 km west of the Goldboro Gold Property. The Stillwater and
Goldenville Anticlines both contain Goldboro-type gold targets, as identified in the regional
compilation-synthesis as previously reported (see the June 10, 2010 news release).


soll das heissen dass orex doch noch andere projekte besitzen?
wenn ja wieso werden die nicht auf der HP bekannt gegeben?
stillwater und goldenville scheinen sehr aussichtsreich zu sein