Orko Silver Corp. ("Orko") (TSX VENTURE:OK) announces that it has signed an
agreement with Silver Standard Resources Inc. to acquire a 100% interest in the
San Juan Property located immediately west of Orko Silver's La Preciosa project.


The terms of the agreement provides for the transfer of the remaining 25%
interest not currently controlled by Orko Silver for the lump sum purchase price
of US $250,000, such sum to be paid by the issuance of Orko Silver capital
stock, each share having an attributed value of CA $1.03. The agreement is
subject to approval by the TSX Venture Exchange, and the issued shares will be
subject to a four month plus one day resale restriction under applicable
securities laws in Canada and any other resale restrictions that may be imposed
by the TSX Venture Exchange.


Gary Cope, President of Orko, states that, "We are extremely pleased to have
reached this agreement with Silver Standard to enhance and consolidate our
property holding immediately west of La Preciosa. We believe that this
acquisition will be of great benefit to Orko Silver shareholders."


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, 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, 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.


OK2 Minerals Ltd (TSXV:OK)
Historical Stock Chart
From May 2024 to Jun 2024 Click Here for more OK2 Minerals Ltd Charts.
OK2 Minerals Ltd (TSXV:OK)
Historical Stock Chart
From Jun 2023 to Jun 2024 Click Here for more OK2 Minerals Ltd Charts.