Mr. Gary Cope of Orex reports

OREX HITS 61 METRES GRADING 359 G/T SILVER FROM SURFACE AT THE SANDRA ESCOBAR PROJECT IN DURANGO, MEXICO

Assay results for the first hole of the 2015/2016 diamond drilling program on Orex Minerals Inc.'s and Canasil Resources Inc.'s Sandra Escobar project have been received. The Sandra Escobar project is being advanced by Orex under an option agreement with Canasil Resources Inc.

Hole SA-15-001 has yielded a 61-metre core length (43.1 m true thickness) intercept grading 359 grams per tonne silver, starting from surface. Within this is a subinterval of 18 metres (12.7 m true thickness) grading 748 g/t silver.

Orex president Gary Cope said: "This excellent high-grade and thick drilling result is the first hole in the southeastern region of the Sandra Escobar project. Silver mineralization starts from surface in this hole. While it is still early in the program, silver has been detected in outcrops over a strike length of 700 metres."

     SANDRA ESCOBAR PROJECT SA-15-001 DRILL HOLE INTERCEPTS -- 2015/2016 PROGRAM

Hole           From (m)      To (m)  Core length (m)  True thickness (m)     Ag (g/t)

SA-15-001          1.00       62.00            61.00               43.13          359
Includes           6.00       24.00            18.00               12.73          748
Includes          14.00       23.00             9.00                6.36        1,204
Includes          20.00       23.00             3.00                2.12        2,271

Silver mineralization is hosted on the north side of a rhyolite volcanic dome. An altered and highly permeable volcaniclastic unit contains disseminations of silver-bearing minerals and broadly spaced stockwork veinlets. The current working model has a porphyritic rhyolite unit as an impermeable cap, which may have focused mineralizing fluids into the host permeable volcaniclastic unit.

Orex maintains a quality assurance/quality control sampling protocol for the diamond drilling program, including the insertion of commercial analytical standards and blank samples. Of the 61 samples included in the above intercept, 60 of the samples exceeded 100 g/t silver, thus demonstrating a strong continuity of mineralization. As part of an early-stage exploration program, the above results do not contain any top-end truncation (capping). The diamond drilling was contracted by Kluane Drilling Ltd. and analytical testing was performed by SGS Mineral Services. Silver values were determined by fire assay with an atomic absorption finish. Multielement analyses were also determined using a four-acid digestion and ICP-MS (inductively coupled plasma mass spectrometry).

Sandra Escobar silver-gold project, Durango, Mexico

Sandra Escobar is situated north of the town of Tepehuanes, Durango, in the heart of the Mexican silver trend, midway between the mining districts of Tovar and Guanacevi and is 75 km west of Silver Standard's La Pitarrilla. This prolific trend hosts some of the world's largest silver camps and deposits, including Fresnillo, Guanajuato, La Pitarrilla, La Preciosa, Real de Angeles and Zacatecas.

The project consists of 6,976 hectares of mineral concessions and covers multiple mineralized epithermal quartz veins and breccia structures. These veins form a high-level silver-gold-base metals system, hosted in andesitic and rhyolitic rocks, centered on a large rhyolite dome complex in the north and silver systems in smaller rhyolite dome complexes to the southeast. Intense alteration zones and fluid flooding in permeable formations may also indicate the presence of bulk-tonnage targets. Excellent infrastructure exists in the Sandra Escobar area, including paved road access, electrical power, water and manpower from nearby communities.

Dale Brittliffe, PGeo, and Ben Whiting, PGeo, are qualified persons, as defined in NI 43-101, and take responsibility for the technical disclosure contained within this news release.

         SANDRA-ESCOBAR PROJECT -- HOLE SA-15-001 -- SILVER GRADES

Sample No.     From    To   Silver g/t  Sample No.   From    To   Silver g/t

Casing            0     1          n/a      545138     35    36       300.48
545101            1     2       164.62      545139     36    37       329.27
545102            2     3       122.07      545141     37    38       240.10
545103            3     4       117.58      545142     38    39       254.03
545104            4     5       127.80      545143     39    40       315.37
545105            5     6       165.08      545144     40    41       255.43
545106            6     7       209.80      545145     41    42       197.04
545107            7     8       363.54      545146     42    43       170.71
545108            8     9       437.79      545147     43    44       158.04
545109            9    10       430.78      545148     44    45       141.85
545111           10    11       310.19      545149     45    46       150.94
545112           11    12       231.48      545199     46    47       155.04
545113           12    13       197.49      545151     47    48       129.17
545114           13    14       173.38      545152     48    49       175.16
545115           14    15       951.09      545153     49    50       196.52
545116           15    16       645.68      545154     50    51       274.73
545117           16    17       825.40      545155     51    52       239.50
545118           17    18       456.36      545156     52    53       253.38
545119           18    19       618.79      545157     53    54       265.06
545121           19    20       526.64      545158     54    55       250.88
545122           20    21     2,324.80      545159     55    56       252.05
545123           21    22     3,654.89      545161     56    57       246.93
545124           22    23       832.93      545162     57    58       205.35
545125           23    24       269.19      545163     58    59       203.59
545126           24    25       156.36      545164     59    60       147.13
545127           25    26       190.49      545165     60    61       107.51
545128           26    27       121.91      545166     61    62       117.18
545129           27    28        97.02      545167     62    63        79.35
545131           28    29       160.67      545168     63    64        43.95
545132           29    30       318.04      545169     64    65        51.04
545133           30    31       158.59      545171     65    66        94.58
545134           31    32       135.57      545172     66    67        46.50
545135           32    33       178.43      545173     67    68        31.28
545136           33    34       228.13      545174     68    69        20.88
545137           34    35       285.18      545175     69    70        21.49

We seek Safe Harbor.