Orex Minerals
Orex Minerals is a Canadian junior mineral exploration company advancing gold and silver projects in Mexico and Canada. It operates through joint venture partnerships with major producers (Pan American Silver) and 100%-owned assets, funded by equity private placements.
- Company typePublic
- Founded2010
- HeadquartersVancouver, Canada
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Orex Minerals does
Orex Minerals Inc. is a Canadian junior mineral exploration company headquartered in Vancouver, British Columbia, focused on identifying and advancing precious and base metals resources in Mexico and Canada. The company's exploration portfolio comprises the Sandra Silver-Gold Project in Durango, Mexico (a 60/40 joint venture with Pan American Silver Corp., where Orex is the operator), the Jumping Josephine Gold Project in southern British Columbia (100% owned, hosting the JJ Main Gold Deposit with a NI 43-101 resource), the Valenciana Gold-Silver Project in Zacatecas, Mexico (100% optioned), and the San Luis del Cordero Silver-Copper-Zinc Project in northcentral Mexico. In May 2026, Orex divested its 38.79% interest in the Coneto Silver-Gold Project (also in Durango) to Silver Viper Minerals Corp. for US$15 million in an all-share transaction, receiving 9.9 million Silver Viper shares. The portfolio is advanced using standard exploration methodologies — diamond drilling, airborne and ground geophysics (including VTEM Plus), hyperspectral alteration studies (Corescan SWIR/VNIR), and NI 43-101 resource estimation.
Orex Minerals firmographics
Firmographics- Name
- Orex Minerals
- Legal name
- Orex Minerals Inc.
- Website
- https://orexminerals.com
- Company type
- Public
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Orex Minerals is a Canadian junior mineral exploration company advancing gold and silver projects in Mexico and Canada. It operates through joint venture partnerships with major producers (Pan American Silver) and 100%-owned assets, funded by equity private placements.
- Ownership category
- akta.pro rank
Orex Minerals industry classification
Industry- Product category
- Mineral Exploration
- NAICS
- Gold Ore and Silver Ore Mining (21222)
- SIC
- Gold And Silver Ores (1040), Metal Mining (1000)
- akta.pro primary industry
- Precious Metals Exploration & Project Development (IMAKAEAI)
- akta.pro secondary industries
- Silver Mining (IMAKAEAB), Gold Mining (IMAKAEAA)
Keywords
Where Orex Minerals is headquartered
LocationHeadquarters
- HQ city
- Vancouver
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
Orex Minerals business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Technology or R&D, Marketing or Sales
Revenue model
- Pre-Revenue Exploration Stage: Orex Minerals is a pre-revenue junior exploration company. The company generates no operating revenue and funds exploration activities through equity financings, private placements, and joint venture cost-sharing arrangements with partners. Future revenue potential would come from project advancement to production through partners or sale of project interests.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
Orex Minerals product offering
Product offeringCore offering
Orex Minerals is a Canadian junior mineral exploration company that acquires, explores, and advances precious and base metals (gold, silver, copper, zinc) exploration projects in Mexico and Canada. The company operates a portfolio of mineral properties including the Sandra Silver-Gold joint venture (40%) with Pan American Silver, the 100%-owned Jumping Josephine Gold Project in British Columbia, the Valenciana Gold-Silver Project in Zacatecas, Mexico, and the San Luis del Cordero Silver-Copper-Zinc Project. Orex funds exploration through equity financings and joint venture cost-sharing arrangements with major mining producers, with the goal of advancing projects toward resource definition and eventual production or sale.
Product overview
Orex Minerals Inc. is a Canadian-based junior mineral exploration company operating a portfolio of precious and base metals exploration projects. The company operates as a single business unit focused on mineral exploration rather than a software product platform. Its core assets include the Sandra Silver-Gold Project (joint venture with Pan American Silver, 40% ownership), the Jumping Josephine Gold Project (100% owned, Canada), the Valenciana Gold-Silver Project (100% ownership option, Mexico), and the San Luis del Cordero Silver-Copper-Zinc Project (Mexico). The company previously held the Coneto Silver-Gold Project which was sold to Silver Viper Minerals in 2026. Projects are advanced through joint venture partnerships with major mining producers and through direct exploration programs including drilling, geophysics, and resource estimation.
Differentiator
Problem solved
Functional benefit
Products and services
- Sandra Silver-Gold Project A silver-gold exploration project located in Durango State, Mexico, within the Mexican Silver Trend, operated as a joint venture between Pan American Silver Corp. (60%) and Orex Minerals (40%). The project covers multiple mineralized epithermal quartz veins, disseminated horizons, and breccia structures over 6,970+ hectares of mineral concessions, and includes the Boleras Silver Deposit with 33.3 million ounces silver inferred resource.
- Jumping Josephine Gold Project
Quantifiable outcome
- 538,000 ounces gold-equivalent inferred resource at Coneto Project
- +1 more outcomes
Companies that use Orex Minerals
Customer profileSegments2 records
Ideal customer profiles2 records
Orex Minerals technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Orex Minerals partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core.
- Silver Viper Minerals Corp.coreSilver Viper Minerals acquired 100% of the Coneto Silver-Gold Project from Fresnillo (61.21%) and Orex Minerals (38.79%) through an all-share transaction valued at US$15 million. Upon closing, Orex received 9,908,438 Silver Viper common shares, providing ongoing equity exposure to Silver Viper's Mexican asset portfolio including La Virginia Gold-Silver Project. Transaction completed May 4, 2026.
- Fresnillo plccoreFresnillo plc holds 61.21% interest in the Coneto Silver-Gold Project joint venture with Orex Minerals (38.79%). Fresnillo acts as project operator. The joint venture covered approximately 4,995-4,997 hectares of mineral concessions with over 40 known epithermal quartz veins. Project was sold to Silver Viper Minerals in 2026.
- Pan American Silver Corp.corePan American Silver Corp. holds 60% interest in the Sandra Silver-Gold Project joint venture with Orex Minerals (40%). Orex acts as project operator. The Sandra Project covers 6,970+ hectares of mineral concessions in the Mexican Silver Trend, Durango. Includes the Boleras Silver Deposit with 33.3 million ounces silver inferred resource.
- Belcarra Group Management Ltd.coreBelcarra Group Management Ltd. provides experienced management services to Orex Minerals, including corporate administration, investor relations, exploration management, and financial professional services. The group is comprised of highly qualified mining and financial professionals who manage all aspects of the company's operations.
Scale indicators4 records
Recent moves8 records
Expansion highlights5 records
Orex Minerals competitors and assessment
Company assessmentMarket position
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Orex Minerals social profiles
Digital presenceOrex Minerals financial estimates
Financial estimateRevenue estimate
Valuation estimate
Orex Minerals leadership team
Management profileNumber of profiles
Profiles6 records
Orex Minerals subsidiaries and ownership
Company hierarchySubsidiaries3 records
Orex Minerals funding detail
Funding detailFunding overview
Funding rounds2 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Orex Minerals M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Orex Minerals
What does Orex Minerals do?
Orex Minerals is a Canadian junior mineral exploration company that acquires, explores, and advances precious and base metals (gold, silver, copper, zinc) exploration projects in Mexico and Canada. The company operates a portfolio of mineral properties including the Sandra Silver-Gold joint venture (40%) with Pan American Silver, the 100%-owned Jumping Josephine Gold Project in British Columbia, the Valenciana Gold-Silver Project in Zacatecas, Mexico, and the San Luis del Cordero Silver-Copper-Zinc Project. Orex funds exploration through equity financings and joint venture cost-sharing arrangements with major mining producers, with the goal of advancing projects toward resource definition and eventual production or sale.
Is Orex Minerals a public or private company?
Orex Minerals is a public company. It is classified as public and is currently operating.
When was Orex Minerals founded?
Orex Minerals was founded in 2010. It employs 11 to 50 people.
Where is Orex Minerals based?
Orex Minerals is headquartered in Vancouver, Canada, in the North America region.
How does Orex Minerals make money?
One revenue line is on record: pre-Revenue Exploration Stage.
Does Orex Minerals have an API?
No public API is recorded for Orex Minerals.
What industry is Orex Minerals in?
Orex Minerals's product category is Mineral Exploration. Its primary akta.pro industry code is IMAKAEAI, Precious Metals Exploration & Project Development, with a secondary code of IMAKAEAB, Silver Mining. Its NAICS code is 21222 and its SIC code is 1040.