Oro Silver Resources Ltd.

Oro Silver Resources Ltd.

December 04, 2007 09:00 ET

Oro Silver Initiates Drilling at El Compas Mine

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 4, 2007) - Oro Silver Resources Ltd. ("Oro Silver") (TSX VENTURE:OSR) has commenced a 5,000-meter diamond drilling program at the company's El Compas property, located in Zacatecas, Mexico. The drilling program follows extensive sampling recently completed by Oro Silver, as well as compilation and re-interpretation of historic drilling information.

Oro Silver's program has three goals:

1. To evaluate the depth and lateral extension of the mineralized "El Compas Adit" vein zones along 600 meters of strike to a vertical depth of 175 meters

2. To test the depth extension of the sub-parallel "El Compas Shaft" veins, located 500 meters south and 100 meters east of the El Compas Adit structure, starting from a vertical depth of 150 meters below the historic underground workings

3. To test surface anomalies identified during the mapping and sampling program along the +2-kilometer extension of the El Compas veins controlled by Oro Silver

"For the last five years, mining of the El Compas Adit zone has been conducted without the benefit of a NI 43-101 compliant resource. This drilling program, as well as exploring for undiscovered mineralized zones along strike and at depth, will provide additional information to aid in the completion of a resource estimate during 2008," stated Greg Cox, President and CEO of Oro Silver.

The drilling program is being supervised by Mr. Herve Thiboutot, P. Eng. and Vice-President of Exploration and Development for Oro Silver, who is the qualified person as defined by National Instrument 43-101. Mr. Thiboutot has reviewed the content of this press release.

On behalf of the board of directors,

Gregory M. Cox, President and CEO

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
    President and CEO
    (604) 646-1580
    (604) 642-2411 (FAX)