- CEO
- John Eren
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Address
- 1055 West Hastings Street Vancouver BC Canada V6E 2E9
- IPO Date
- Feb 26, 2013
- Business
- Orex Minerals Inc. is a Canadian-based junior mineral exploration company focused on the acquisition, exploration, and development of precious and base metals projects primarily in Mexico and Canada. The company’s core portfolio includes gold, silver, and copper exploration projects such as the Sandra Silver-Gold Project in Durango State, Mexico, operated in partnership with Pan American Silver Corp.; the Jumping Josephine Gold Project in British Columbia, Canada; and until recently, the Coneto Silver-Gold Project in Durango, Mexico, developed jointly with Fresnillo plc. Orex Minerals engages in exploration activities targeting large mineralized epithermal quartz veins with significant precious metal potential, supported by geological studies and permitting activities. The company was founded in 1996 and is headquartered in Vancouver, Canada.
In its recent major development, Orex Minerals announced a binding term sheet agreement dated October 27, 2025, to sell its interest in the Coneto Silver-Gold Project to Silver Viper Minerals Corp. in an all-share transaction involving Fresnillo plc. This transaction, expected to close by January 2026 subject to regulatory approvals, signifies a strategic shift by Orex to monetize the Coneto asset while retaining shareholder exposure through its stake in Silver Viper Minerals. The transaction enables Orex to focus on advancing its remaining portfolio projects with partners such as Pan American Silver Corp., emphasizing value creation through strategic project advancement and partnership development.
Orex Minerals operates primarily in the exploration sector of the mining industry, focusing on early to mid-stage stage mineral exploration projects in established mining jurisdictions in Mexico and Canada. Its target markets include precious and base metals investors and mining companies seeking exposure to high-potential exploration projects with scalable mineralization. The company’s exploration efforts are bolstered by collaboration with major mining partners, strategic joint ventures, and cutting-edge geological and alteration studies, underpinning potential resource expansion and development.
Orex Minerals continues to pursue growth through new acquisitions and exploration option agreements, such as the acquisition agreement signed in early 2024 to acquire 100% of the Valenciana Gold-Silver Project in Zacatecas State, Mexico. The company is managed by an experienced team focused on advancing exploration projects toward development milestones and increasing shareholder value in a competitive junior mining sector.
Overall, Orex Minerals Inc. is positioned as a dynamic exploration company with a diversified portfolio of precious and base metals projects in two key mining regions, a strategic shift towards streamlining assets through notable divestitures, and ongoing collaboration with global mining industry leaders to leverage operational expertise and market opportunities.