Oro Silver Resources Ltd.

Oro Silver Resources Ltd.

April 02, 2007 09:00 ET

Oro Silver Appoints Herve Thiboutot as Vice President

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 2, 2007) - Oro Silver Resources Ltd. ("Oro Silver") (TSX VENTURE:OSR) is pleased to announce the appointment of Herve Thiboutot, P. Eng., as Vice President, Exploration and Development. Mr. Thiboutot will play a major role in building the Company into a silver producer through an aggressive acquisition and development plan focused on advanced-stage projects with known silver resources and the potential for both expansion and near-term production.

Mr. Thiboutot is a geological engineer who worked for 24-years with Placer Dome Inc. and more recently with Goldcorp as Project Manager on the on-going Eleonore feasibility study in Northern Quebec. In his last role with Placer Dome as Exploration Manager for Canada, he was instrumental in adding value through the evaluation and acquisition of significant early to advanced stage exploration properties. Mr. Thiboutot also worked in concert with Placer's Canadian mines (Campbell, Musselwhite and Dome Mines) to optimize exploration efforts in the identification and definition of new mineral resources and exploration targets.

Mr. Thiboutot also has significant international exploration experience, having worked in a number of leadership roles for Placer Dome on early to pre-feasibility stage projects in South America, Mexico, Africa, Canada, and the USA. In Venezuela he was Exploration Manager for the Las Cristinas project, where his efforts guided the project through feasibility to become a 10 million ounce plus gold deposit. Similarly in Mexico, as Project Manager at Mulatos, his leadership and expertise led to the expansion of the deposit from a 1 million to 5 million ounce gold resource and the discovery of the Escondida zone.

Mr. Thiboutot is fluent in English, French and Spanish, and brings a wealth of experience in all aspects of exploration from generating, negotiating and managing projects, to corporate, community and government relations, and liaising with project and mine development engineers.

About Oro Silver

Oro Silver's strategy is to explore and develop primary silver deposits located in the western hemisphere. Through its network of local contacts, the Company has access to many acquisition opportunities in historically significant silver districts located in Mexico. Oro Silver commenced trading on the TSX Venture Exchange on February 22nd, and has since announced the signing of a deal to acquire the rights to an exploration portfolio of 29 properties and a producing silver-gold mine located in Zacatecas, Mexico.


Gregory M. Cox

This news release may contain forward-looking statements based on assumptions and judgments of management regarding future events or results. Such statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements. Oro Silver disclaims any intention or obligation to revise or update such statements.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Oro Silver Resources Ltd.
    Gregory M. Cox
    (604) 646-1580
    (604) 642-2411 (FAX)