VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 04/10/12 -- Orko Silver Corp. (TSX VENTURE: OK) Orko Silver Corp. ("Orko") announces that it will hold a conference call tomorrow, April 11th, at 9 a.m. Pacific Time to answer shareholder questions and provide a Management update on the Company and the La Preciosa project. To participate in the call, please dial in fifteen minutes before 9 a.m. using one of the following numbers:
1-855-353-9183 Toll-free from Canada and the USA
00-800-9358-7111 International toll-free number
001-800-514-5619 Toll-free from Mexico
Use participant pass code 79964#
A select number of countries cannot access the international toll-free number. If you are unable to use the toll-free number, please call +1-604-681-8564 (long distance charges will apply).
As announced in Orko's press release of April 5, 2012, Pan American has advised that it cannot meet the April 13th deadline to deliver the feasibility study according to the terms of the original joint venture agreement with Orko, and that its interest in the La Preciosa project will be returned to Orko.
Management is confident that the fundamental value of the La Preciosa project remains unchanged from the positive preliminary economic assessment released August 11, 2011, and is happy to have Pan American's interest in the project returned to Orko.
Orko enthusiastically awaits results from both the new resource estimate expected within the month as well as the AMEC Americas Limited updated preliminary economic assessment on the project, which is expected in late July.
Management would like to emphasize that the project remains an outstanding pure silver opportunity, located in an excellent low-risk location, and that has a significant open pit component for low cost mining.
About Orko Silver Corp.
Orko Silver Corp. is developing one of the world's largest primary silver deposits, La Preciosa, located near the city of Durango, in the State of Durango, Mexico.
ON BEHALF OF THE BOARD OF DIRECTORS
Gary Cope, President
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, construction, delivery of results, 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 and Orko undertakes no obligation to update such statements, except as required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Orko Silver Corp.
Gary Cope
President
(604) 687-6310
www.orkosilver.com
