Orex Minerals Inc.
TSX VENTURE : REX

Orex Minerals Inc.

May 04, 2010 06:00 ET

Orex Commences Drilling on the Coneto Gold-Silver Project

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 4, 2010) - Orex Minerals Inc. (TSX VENTURE:REX) is pleased to announce the commencement of a 5,000 metre diamond drill program within the Coneto Gold-Silver Project in Durango State, Mexico.

Major Drilling de Mexico S.A. de C.V., of Hermosillo, Sonora, has been contracted to provide drilling services for HQ size core, utilizing a UDR-200 rig.

Gary Cope, President of Orex, says, "Over 40 epithermal gold-silver vein structures have been identified at Coneto. We are very pleased to begin drill testing our selected targets and look forward to the results of our Phase-I drill program."

The first target areas to be tested in the 5,000 metre Phase-I diamond drilling program will be in the Loma Verde, Durazno, Los Sauces and Promontorio sectors. Surface exploration results were published in news releases dated 17 November 2009, 11 January and 17 March 2010.

Located in the Mesa Central on the eastern flank of the Sierra Madre Occidental Mountains, Coneto is centrally positioned in the "Mexican Silver Trend". This silver trend, stretching from Guanajuato in the southeast, through the states of Zacatecas and Durango, hosts some of the World's largest silver deposits, including the Real de Angeles, Zacatecas, Fresnillo, La Preciosa, and La Pitarrilla mining camps.

Maps of the geochemical program can be found on the Orex website at the following address: www.orexminerals.com.

About Orex Minerals Inc.

Orex Minerals Inc. is a junior mineral exploration company comprised of highly qualified mining professionals with a focus on the exploration of prospective gold and gold-silver properties in Mexico.

ON BEHALF OF THE BOARD OF DIRECTORS

Gary Cope, President

This News Release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Orex relies upon litigation protection for forward-looking statements.

Neither 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 release.

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