Dorex Minerals Inc.
TSX VENTURE : DOX

Dorex Minerals Inc.

June 16, 2008 18:03 ET

Dorex Intersects 18.9% Iron and 0.7% Copper Over 6.8 Metres on Its Carmelita IOCG Project, Chile

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 16, 2008) - Dorex Minerals Inc. (TSX VENTURE:DOX) -

The company is pleased to report that it has received the analytical results from the first two of seven widely spaced diamond drill core holes from its 100% owned Carmelita property. The property is located within the Chilean "Iron Belt" at the south end of the Atacama Desert, Chile. This belt is host to significant copper and iron mines over a 350 kilometers length. The Candelaria and Manto Verde copper mines with iron bi-products are located in the northern end of the belt. Farther to the south nearer Carmelita there are significant iron producers like El Tofo, El Pelito and El Romeral. These are all classified as Iron Oxide Copper Gold (IOCG) deposits.

Peter Walton President & CEO states, "The geology and analytical results are encouraging for a classic IOCG style mineralization. It is especially encouraging that the mineralization style has been intersected by all the holes within an 11 square kilometer area tested during this drilling. The remaining results will be announced when available."

Highlights from the two DDH holes are as follows.

CA-01: Intersected Propylitic altered volcanics (epidote and chlorite) from surface to end of hole (131.6 m) with disseminated magnetite from 10.1 to 129.0 meters. High grade magnetite between 91.8 and 98.6 meters returned weighted average of 18.9% iron, 0.68% copper and 0.12 g/t gold.

CA-05: The hole was drilled 3.2 km to the northeast and intersected Propylitic altered volcanics (epidote) from surface to end of hole (100.7 m) with a weighted average of 4% iron. Higher grade copper mineralization was intersected from 47 to 50 m with weighted average of 0.44% copper.

SAMPLE HANDLING AND PREPARATION

A summary of sample preparation and method of analysis is herewith presented. The core is marked in two meter lengths for sampling and cut longitudinally in half. One half is placed in individual heavy-duty plastic sample bags. The sample tag (a unique five-digit sample number) assigned to the sample and included in the bag and the bag is sealed. The other half of the core is returned to the core boxes for storage and a sample tag is stapled to the core box at the end of each sample.

The Company has designed a QA/QC program with four quarter core duplicates every 40 samples. For the quarter core, the half core is sawed longitudinally in half and assigned a separate five-digit sample number following original sample. Three certified standards are submitted every 90 with one of each low, medium and high copper grades. The standards were inserted every 10 samples.

All samples were submitted to ACT Labs S.A. in Coquimbo, Chile where they were initially crushed, split using a standard Jones riffle splitter to a nominal 250 grams sample and pulverized. From this material 30 grams is submitted for standard gold Fire Assays and copper, silver zinc, cobalt and iron analysis.

The information contained in this news release has been reviewed and approved by Tor Bruland, P. Geo., a qualified person under the definitions established by the National Instrument 43-101.

For further updates please send in your email address to info@dorex.com or call 604-633-9992. We will send out regular updates and news releases to everyone who requests them.

About Dorex Minerals Inc.:

Dorex Minerals Inc. is a base and precious metals exploration and development company focusing on its 100% interest Carmelita property located within the prolific mining region of Coastal Belt of the Andean Cordillera of Chile.

ON BEHALF OF THE BOARD OF DIRECTORS OF DOREX MINERALS INC.

Peter Walton, President / CEO

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this News Release. This release has been prepared by management and no regulatory authority has approved or disapproved the information contained herein.

Contact Information

  • Dorex Minerals Inc.
    Peter Walton
    President / CEO
    (604) 688-1160
    or
    Dorex Minerals Inc.
    David Joseph
    Consultant / Corporate Development
    (604) 633-9992
    Email: info@dorex.ca
    Website: www.dorex.ca