Rorex Exploration Inc -
Ocampo assay results; PR firm hired
Rorex Exploration Inc RRXShares issued 29000011998-04-29 close $0.56Thursday Apr 30 1998See Vetta Ventures Corp (VET) News Release Mr. Stuart Mcpherson reports Vetta Ventures and Rorex Exploration have received results of sampling completed by Baltazar Solano of Behre Dolbear & Co., and Peter Lewis of Lewis Geoscience Services during a recent visit to the Ocampo project in western Chihuahua, Mexico. Mr. Solano accompanied George Norman of Churchill Resource Group, project manager of the Ocampo project, to review the geology of the property and to discuss the proposed upcoming exploration program. Mr. Lewis was commissioned to complete a structural study of the project and to develop geological controls on mineralization within the epithermal vein system which will assist in the planning of the drilling phase of the exploration program. A sample taken at the current working face of the Brenda mine (Jesus Maria vein) by Behre dolbear returned 12.38 g/t Au (0.36 oz/t Au) and 907 g/t Ag (26.5 oz/t Ag) over a width of 2.8m. The sample was analyzed by Chemex Labs, Vancouver using 30 gram fire assay gravimetric techniques. Check assays were performed by Bondar Clegg who confirmed the data returning 12.62 g/t Au and 948.4 g/t Ag. Even at today's low gold prices the total dollar value per tonne of ore at approximately $275 (U.S.) makes this type of high grade underground mining venture an attractive situation. Preliminary reporting from Peter Lewis suggests that controls on gold-silver mineralization have both a lithologic and structural component with displacement transfer zones between through-going faults and competent porphyritic andesite being important factors for controlling the placement of precious metal ore shoots. The first batch of samples submitted for analysis to Chemex Labs by Peter Lewis has been received and the highlights are given in the attached table and in the following section. The Veta Tierra vein is within the Brenda mine area and is contained within a parallel structure to the above mentioned Jesus Maria vein. The two structures are approximately 23m apart. Sampling between the structures on level 1 has given an average grade of 1.47 g/t Au over 18.2m, with the Veta Tierra vein averaging 10.52 g/tAu and 243 g/t Ag over 2.8m. A grab sample of matrix breccia with clay altered clasts returned high grade results of 89.76 g/t Au and 1,795 g/t Ag. The above mentioned Jesus Maria vein sample from the working face is approximately 15m below level a and approximately 30m southeasterly from the Veta Tierra vein samples. The Las Animas structure was sampled at surface approximately 300m south of the current production face at the Brenda mine. The zone was sampled obliquely to the true width of the structure over 45m and averaged 2.81 g/t au and 87 g/t Ag over a true width of 22.5m. The zone remains open on the hanging wall side of the structure. These types of precious metal grades over substantial widths suggest that the bulk tonnage lower grade target is also worth pursuing at Ocampo. The Maria vein was sampled at surface over a 150m strike length with results up to 16.08 g/t Au and 255 g/t Ag over a true width of 1.2m. Underground sampling of the vein by Baltazar Solano reported 22.4 g/t Au over 1.8m reported within the Behre Dolbear qualifying report dated Nov., 1997. The Maria vein target area is ready for drilling with only minor road work to be accomplished to allow for drill access. An area that has generated much interest and which is an excellent drill target is the intersection zone between the Jesus Maria structure (currently being mined by Brenda Mines) and the Maria vein. Vetta Ventures has also optioned a 70 percent interest in additional property in the Ocampo area and more particularly, two claim groups to the west of the Ocampo town-site known as the La Cruz and Ampliacion (also known as the Cinco de Mayo area). The purchase price for the claims is $250,000 and 200,000 Vetta common shares of which $50,000 has been advanced as a refundable deposit pending a property inspection. The Cinco de Mayo vein was sampled on a brief visit by George Norman, Baltazar Solano and Peter Lewis to the Cinco de Mayo claim which is approximately 3.5km to the west and north of the Brenda Mine area. A pillar within old workings was sampled and contains abundant free gold up to 2mm in length within grey silica quartz silicification and minor quartz veins. The vein was mined down to a depth of approximately 50m in the mid-1950s and has seen no work since that time. A table of results of the sampling program described above follows:
OCAMPO PROJECT ANALYTICAL RESULTS
OCAMPO PROJECT ANALYTICAL RESULTS
Chemex
Labs
Area/ (Vancouver)
Field struc- Width True Au Ag
No. ture (m) width g/t g/t
---------- ------- ---- ----- ----- -----
98-oc-15a Las
Animas 1.4 1.2 3.33 258
98-oc-15b Las
Animas 2.4 2.1 4.83 325
98-oc-15c Las
Animas 1.7 1.7 7.37 187
98-oc-18 Cinco
de Mayo 0.5 0.5 91.95 15
09-oc-25a Tierra
X-Cut 2.0 2.0 4.05 47
98-oc-25b Tierra
X-Cut 2.0 2.0 1.20 31
98-oc-25c Tierra
X-Cut 2.0 2.0 1.75 16
98-oc-25
a, b, c
ave Tierra
X-Cut 6.0 6.0 2.33 21
98-oc-26a Veta
* Tierra 1.8 1.8 15.39 259
98-oc-26b Veta
* Tierra 1.0 1.0 1.78 150
98-oc-26
a, b, ave* Veta
Tierra 2.8 2.8 10.52 243
98-oc-26c Veta
* Tierra Grab - 89.76 1,795
98-oc-28c Tierra
* X-Cut 2.0 2.0 3.94 241
98-oc-29a Jesus
* Maria 1.2 1.2 1.27 45
98-oc-29b Jesus
* Maria 0.9 0.9 0.62 27
98-oc-29c Jesus
* Maria 0.8 0.8 3.94 166
98-oc-29
a, b, c
ave* Jesus
Maria 2.9 2.9 1.8 73
98-oc-38a Las
Animas 5.0 2.5 7.13 248
98-oc-38b Las
Animas 5.0 2.5 2.19 59
98-oc-38c Las
Animas 5.0 2.5 0.86 39
98-oc-38d Las
Animas 5.0 2.5 1.68 85
98-oc-38e Las
Animas 5.0 2.5 1.17 33
98-oc-38f Las
Animas 5.0 2.5 4.56 84
98-oc-38g Las
Animas 5.0 2.5 3.12 74
98-oc-38h Las
Animas 5.0 2.5 1.03 64
98-oc-38l Las
Animas 5.0 2.5 3.53 95
98-oc-38a
to i ave Las
Animas 45.0 22.5 2.81 87
98-oc-39a Jesus
Maria 1.0 1.0 5.42 200
98-oc-39b Jesus
Maria 1.2 1.2 8.9 142
98-oc-39c Jesus
Maria 4.7 4.7 0.82 33
98-oc-39
a, b, ave Jesus
Maria 2.2 2.2 7.32 168
98-oc-39
a, b, c
ave Jesus
Maria 6.9 6.9 2.89 76
98-oc-45 Maria 2.0 1.8 2.95 101
98-oc-46 Maria 2.0 1.2 16.08 255
98-oc-47 Maria
Splay 0.8 0.7 1.23 12
98-oc-48 Maria 1.8 1.8 2.85 76
98-oc-49 Maria
Splay 1.1 1.1 1.37 48
98-oc-51 Jesus
Maria 2.0 2.0 2.23 -3
98-oc-59 Jesus
Maria 1.6 1.6 4.39 28
Bondar
Clegg
Area/ Checks
Field struc- Width True Au Ag
No. ture (m) width g/t g/t
---------- ------- ---- ----- ----- -----
98-oc-15a Las
Animas 1.4 1.2
98-oc-15b Las
Animas 2.4 2.1
98-oc-15c Las
Animas 1.7 1.7
98-oc-18 Cinco
de Mayo 0.5 0.5 89.57 15.3
09-oc-25a Tierra
X-Cut 2.0 2.0
98-oc-25b Tierra
X-Cut 2.0 2.0
98-oc-25c Tierra
X-Cut 2.0 2.0
98-oc-25
a, b, c
ave Tierra
X-Cut 6.0 6.0
98-oc-26a Veta
* Tierra 1.8 1.8 15.98 305.4
98-oc-26b Veta
* Tierra 1.0 1.0
98-oc-26
a, b, ave Veta
* Tierra 2.8 2.8
98-oc-26c Veta
* Tierra Grab - 90.51
1,827.70
98-oc-28c Tierra
* X-Cut 2.0 2.0
98-oc-29a Jesus
* Maria 1.2 1.2
98-oc-29b Jesus
* Maria 0.9 0.9
98-oc-29c Jesus
* Maria 0.8 0.8 4.17 172.3
98-oc-29
a, b, c
ave* Jesus
Maria 2.9 2.9
98-oc-38a Las
Animas 5.0 2.5 6.96 264.7
98-oc-38b Las
Animas 5.0 2.5
98-oc-38c Las
Animas 5.0 2.5
98-oc-38d Las
Animas 5.0 2.5
98-oc-38e Las
Animas 5.0 2.5
98-oc-38f Las
Animas 5.0 2.5
98-oc-38g Las
Animas 5.0 2.5
98-oc-38h Las
Animas 5.0 2.5 1.19 64.9
98-oc-38l Las
Animas 5.0 2.5
98-oc-38a
to i ave Las
Animas 45.0 22.5
98-oc-39a Jesus
Maria 1.0 1.0
98-oc-39b Jesus
Maria 1.2 1.2 9.23 148
98-oc-39c Jesus
Maria 4.7 4.7
98-oc-39
a, b, ave Jesus
Maria 2.2 2.2
98-oc-39
a, b, c
ave Jesus
Maria 6.9 6.9
98-oc-45 Maria 2.0 1.8
98-oc-46 Maria 2.0 1.2 15.1 241.4
98-oc-47 Maria
Splay 0.8 0.7
98-oc-48 Maria 1.8 1.8
98-oc-49 Maria
Splay 1.1 1.1
98-oc-51 Jesus
Maria 2.0 2.0
98-oc-59 Jesus
Maria 1.6 1.6
* Indicates underground samples.
Preparations are under way to produce 1:5000 and 1:2000 scale topographic maps in order to complete the geological mapping program recommended to assist in planning the upcoming drill phase. Vetta and Rorex together have an agreement to purchase a 60 per cent interest in the Ocampo claims, which purchase has not yet closed. Due to the considerable number of requests for information about the company's work program on the Ocampo claims, the company has retained the services of Ion Media Group to assist the company with its corporate communications. The company has agreed to pay Ion Media Group the sum of $3,000 per month, on a month by month basis, as required. Ion will assist the company with the dissemination of news releases and responding to enquiries from the investing public. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com
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