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| March 05, 2007 Orko Silver Continues to Hit Silver and Gold at La Preciosa | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| VANCOUVER, British Columbia - Orko Silver Corp. (TSX.V - OK) is pleased to announce that it has received further assay results from the Phase-V diamond drilling in the "Mina La Preciosa" sector on La Preciosa Project in Durango, Mexico. Of particular note are substantial width intercepts of the Abundancia Vein intersected in holes BP06-75 and BP06-76. Hole BP06-75 yielded a true width of 5.23 metres grading gold 0.074 g/t and silver 197.8 g/t for a silver-equivalent of 202.3 g/t. Hole BP06-76 yielded a true width of 6.00 metres grading gold 0.455 g/t and silver 217.5 g/t for a silver-equivalent of 244.8 g/t. Hole BP06-63 hit the Abundancia Vein for 3.01 metres grading gold 0.289 g/t and silver 202.5 g/t for a silver-equivalent of 219.9 g/t. It also hit the Esperancita Vein for a true width of 2.85 metres grading gold 0.363 g/t and silver 146.4 g/t for a silver-equivalent of 168.2 g/t. Within this interval was a 0.24 m sample yielding 3.040 g/t Au and 880.0 g/t Ag for a silver-equivalent of 1,062.4 g/t. Luz Elena Vein showed interesting values in holes BP06-67, -68 and -70. These holes increase our understanding of the geometry and positions of ore-shoots within the individual veins. Gary Cope, President of Orko, adds, "La Preciosa continues to deliver good drilling results especially with respect to the widening of the Abundancia vein in Holes BP06-75 and BP06-76. These holes will positively impact our new Resource Estimate which we anticipate releasing in the near future. Given the success at La Preciosa along with the recently released results from the Santa Monica project, the future looks very promising for Orko Silver. Furthermore, preliminary rock and soil sampling on the San Juan project has begun." MINA LA PRECIOSA SECTOR BP06-63
Hole BP06-63 was drilled from the same pad as BP06-61 on La Preciosa Ridge, but at an azimuth of 020o and dip -45o in order to have a more perpendicular testing of the Esperancita Vein. The hole continued on to the Abundancia Vein, with a 45 degree oblique intercept. BP06-67
Hole BP06-67 is located on the east side of La Preciosa Ridge, azimuth 000o, dip -90o, on mine-section 14,800 N. BP06-70
Hole BP06-70 is located on the east side of La Preciosa Ridge, azimuth 000o, dip -90o, on mine-section 14,900 N. BP06-74
Hole BP06-74 is on the east side of La Preciosa Ridge, azimuth 000o, dip -90o, on mine-section 15,100 N. BP06-75
Hole BP06-75 is located near the north end of La Preciosa Ridge, azimuth 090o, dip -45o, on mine-section 15,400 N. BP06-76
Hole BP06-76 was drilled from the west side of La Preciosa Ridge, azimuth 090o, dip -45o, on mine-section 15,000 N. Results from Hole 76 are partial. A detailed drill plan map is available at the link below: http://www.orkosilver.com/i/pdf/drillplanmap.pdf A complete table of drill results is available at the link below: http://www.orkosilver.com/i/pdf/drillresults.pdf Ben Whiting, P.Geo., is the Qualified Person and takes responsibility for the technical disclosure in this news release. The samples are prepared in Durango, Mexico, by SGS Laboratories and shipped to the SGS laboratory in Toronto, Canada, for analyses. The Company maintains a diligent QA/QC program using prepared standards. Silver-equivalent for the purposes of this drilling program is defined as silver grade plus 60 times gold grade. Metallurgical recoveries and net smelter returns are assumed to be 100%. About Orko Silver Corp. Orko Silver Corp. is an aggressive exploration company with an increasing silver resource. Orko Silver's principal project, La Preciosa, located near the city of Durango, Mexico, is an advanced silver and gold project. The Company is currently drilling at La Preciosa using 2 rigs working 24 hours a day, 7 days a week. The deposit remains open in all directions and to depth. Two additional projects include the Santa Monica east of La Preciosa and the San Juan west of La Preciosa. All are undergoing exploration. ON BEHALF OF THE BOARD OF DIRECTORS Gary Cope President For further information, contact Orko Silver Corp. at (604) 684-4691 or via email at info@orkosilver.com or visit our website on line at www.orkosilver.com The TSX Venture Exchange has not reviewed and does not accept responsibility for this News Release. 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. Orko relies upon litigation protection for forward-looking statements. *Cautionary Note to U.S. Investors -- The United States Securities and Exchange Commission permits U.S. Mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms in this press release, such as "measured", "indicated", and "inferred" resources, which the SEC guidelines strictly prohibit U.S. registered companies from including in their filings with the SEC. U.S. Investors are urged to consider closely the disclosure in our Form 20-F, File No. 000-51923, which may be secured from us, or from the SEC's website at http://www.sec.gov/edgar.shtml . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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