Orko Silver Corp | Company Profile

Company Profile

Orko Silver Corp. ( TSX Venture Exchange : OK ) focuses on resource exploration and development for Silver and Gold in Mexico. The company has a large landposition in Durango State, a historically prolific Silver mining region located along the Sierra Madre Occidental Mountains and is involved in three main projects, La Preciosa, Santa Monica and San Juan. The company owns a 100% interest in the La Preciosa Project and the adjacent Santa Monica Project. As well, the Company has a 75% interest in a Joint Venture on the adjacent San Juan property with Silver Standard Resources Inc. (NASDAQ: SSRI). Goldcorp, Inc. (NYSE: GG) is a significant shareholder of Orko Silver Corp.

The Company’s corporate strategy is to continue to build up its significant silver resource. As explorationists, our core competence is to find, explore and develop quality exploration projects in order to maximize shareholder value.

To that end, the Company has focused most of its attention at its La Preciosa project. On March 31st, 2008, based on the results of 149 holes drilled, the Company released its 5th NI 43-101 compliant Inferred Resource Estimate of 15.35 million tonnes grading 0.321 g/t Au and 190.0 g/t Ag for a Silver-Equivalent grade of 209.0 g/t. at a cut off grade of 100 g/t. The contained metal equals 93.7 million ounces of Silver and 158,000 ounces of Gold for a Silver Equivalent of 103.2 Million Ounces.* Less than 30% of the targets have been drilled. The deposit, consisting of multiple veins, remains open along strike and at depth. *Estimated at a 60 to 1 Silver/Gold ratio with metallurgical recoveries and net smelter returns assumed to be 100%.

Orko Silver Projects:
Located in the Heart of Mexico’s Prolific Silver Producing Trend

Past Success Bodes Well For The Future

Encouraged by its success at La Preciosa, the Company is drilling 24 hours a day, 7 days a week utilizing 2 diamond drill rigs. To date, over 120,000 meters of drilling has been completed at La Preciosa.

The Company's 5th Resource Estimate was based only on the results of 149 of over 340 holes drilled to date. The Company will be releasing a continuous flow of news from assay results of holes drilled to date as well from the ongoing drill program including the follow-up of the discovery of the Martha Vein which made a significant contribution to the current Resource Estimate.

A new Resource Estimate is anticipated during November 2008.

The Company is fully funded with $5.0 million in working capital and no debt.

Orko Silver Corp. will also conduct drill programs on its Santa Monica and San Juan projects this year. Both projects are located adjacent to La Preciosa and have compelling geological characteristics. Sampling and geophysics programs suggest both projects have excellent potential to host similar Epithermal Vein Systems such as found at La Preciosa.

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