Orko Silver Corp. (TSX VENTURE:OK) - The Company wishes to provide a year end
summary and update of activities planned for 2009.


Calendar Year 2008 represented a significant expansion of the Martha Vein with
four diamond drills turning until October when the Company cut back to two
drills in order to preserve working capital. All drills were idled in early
December, with present plans to resume drilling early in 2009, subsequent to the
issuance of the Company's upcoming sixth resource estimate being conducted by
Mine Development Associates of Reno, Nevada (MDA), and incorporating their
recommendations for ongoing drill testing.


During 2008, Orko Silver drilled over 70,700 metres at La Preciosa bringing the
total drilled to date to over 146,000 metres in 366 holes. All drilling was
conducted by Major Drilling International under the direction of Orko Silver.


Orko released its fifth NI 43-101 compliant resource estimate during 2008, which
demonstrated an increase in the resource at La Preciosa by approximately 30% to
103.2 million Silver-equivalent ounces. The independently verified estimate,
announced on March 31st, 2008, concluded that work to date on the property had
outlined an estimated Inferred Resource of 15.35 million tonnes grading 0.321
g/t Au and 190 g/t Ag at a cut-off grade of 100 g/t for a Silver-equivalent
grade of 209.2 g/t, and equaling 3,211 million grams Ag-Eq or 103.2 million oz
Ag-Eq(i).


The mineral resource estimate was based on assay results from diamond drill
holes BP05-01 to BP07-149 plus seven extensions of holes previously drilled on
La Preciosa Ridge. Average drill-hole spacing approximates 100 metres. Not all
of the holes were used in the resource estimation as a number of holes tested
targets outside the defined resource block. Orko is pleased to have added over
30 million ounces to the resource estimate which included assay data from an
additional 36 holes of drilling since the previous estimate in October 2007. The
Martha Vein accounted for all of the additional ounces added and now represents
56% of the total resource at La Preciosa. The Martha Vein has an average true
thickness of 9.92 metres.


During 2008, Orko Silver also retained Mine Development Associates of Reno,
Nevada to complete an independent resource estimate. This sixth resource
estimate, initially scheduled for completion in the 4th quarter 2008, has been
delayed until early 2009, so that additional metallurgical testing of the Martha
Vein can be completed and missing information can be gathered, all with the
expectation of upgrading the resource classification.


The final product will be a 3D block model including detailed recommendations
for the next stage of drilling. Subsequent to the issuance of the MDA results, a
Preliminary Economic Assessment analysis will be completed.


The Martha Vein oriented drilling program has extended the mineralization in a
SSE direction, toward the La Preciosa/Santa Monica Property boundary. The
Company's geologists have noted a drop in the silver values to the southeast,
where drilling has taken place on the periphery of a small Quaternary basaltic
volcano. Here Martha vein thickness remains strong.


A similar depletion in grade is also noted along the southern boundary of a
second basaltic volcano along the northern boundary of Martha drilling. Our
technical team now believes that heat from the emplacement of the northern
volcano may have remobilized and caused the pooling of silver-bearing fluids
into large mineralized zones, as seen in the vicinity of hole BP07-71ext (20m of
460 g/t Ag-Eq) and hole BP07-75ext (40m of 260 g/t Ag-Eq) as well as a number of
other thick intercepts where our best portion of the current resource estimate
lies. A similar scenario may be in place in the southeast in the vicinity of the
second volcano. Orko geologists plan to test this theory in 2009 by drilling
wider spaced holes south and southeast of the southern volcano, toward
definition of richer areas of silver concentration.


The Company remains extremely optimistic about its future prospects at La
Preciosa. For 2009, Orko Silver plans to carryout in-fill drilling that will
allow the Company to increase the resource confidence of the Martha vein, as
well as drill testing along the extensions of the other known vein trends,
within the overall property package.


A printer friendly PDF format of this news release is available at the link below:

http://www.investorhub.ca/orkonews01072009.pdf

George Cavey, P.Geo., is the Qualified Person and takes responsibility for the
technical disclosure in this news release. Full details of the Company's
sampling protocols and QA/QC program can be located at our website at the link
below:


http://www.orkosilver.com/s/QAQC.asp

(i) Silver-equivalent, for the purposes of this resource estimate, was defined
as the silver grade plus 60 times the gold grade. The reported numbers are for
in situ metal content without consideration of metallurgical recoveries and net
smelter returns.


About Orko Silver Corp.

Orko Silver Corp. is a professional 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. Two additional
projects include the Santa Monica east of La Preciosa and the San Juan west of
La Preciosa.


ON BEHALF OF THE BOARD OF DIRECTORS

George Cavey, Vice-President Exploration

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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