Orko Silver Corp. ("Orko") (TSX VENTURE:OK) wishes to clarify the confusion
surrounding the terms of the Joint Venture agreement announced in a joint press
release with Pan American Silver Corp. dated April 14, 2009.


Pan American Silver Corp. and Orko Silver Corp. have reached an agreement for
the joint development of Orko Silver's La Preciosa silver project.


Under the terms of the Joint Venture agreement:

Pan American Silver will contribute 100% of the necessary funds to develop La
Preciosa to production to acquire 55% interest in the project. Orko Silver
retains a 45% interest carried to production.


In addition, Pan American Silver is undertaking a private placement of 4,000,000
common shares of Orko at a purchase price of CDN $1.25 per share, with certain
anti-dilution and pre-emptive rights to participate in future financings of
Orko.


About Orko Silver

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.
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