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Oroco Resource Corp V.OCO

Alternate Symbol(s):  ORRCF

Oroco Resource Corp. is a Canadian mineral exploration company focused on the assembly of mineral concessions which make up the Santo Tomas porphyry copper project in Sinaloa State, Mexico. The Santo Tomas project is a copper porphyry deposit defined by 106 diamond drill and reverse circulation drill holes totaling approximately 30,000 m.


TSXV:OCO - Post by User

Bullboard Posts
Comment by HeyIrishon Feb 15, 2014 2:35pm
177 Views
Post# 22214233

RE:Goldcorp drilling

RE:Goldcorp drillingFantomas, It looks like you and I have been reading the same mateial today.

What I can seem to find and where is who they name as the "prospect owners".:

Goldcorp: Los Filos Gold Operation
                                Guerrero State, Mexico
                                Ni 43-101 Technical Report
 
Prepared by: Maryse Belanger, P.Geo
 
Effective date: 31 December 2012
 
“In the drill table total, 28 drill holes were completed at the Xochipala prospect during a two-year option agreement held with the prospect owners. Sixteen of these holes (3,541.2 m) were drilled in 2011, and an additional 12 holes (3,318.75 m) in 2012. Goldcorp has, since 31 December 2012, decided not to proceed with the option.”
Page 10-8
 
Question: What was the name of the prospect owners that Goldcorp made the deal with?
Was it “Desarollos Mineros San Luis, SA de CV”?
 
“Note: Figure prepared by Goldcorp, 2013. Drill collars shown on plan include RC and core drilling. A total of 28 drill holes were completed at the Xochipala prospect during a two-year option agreement held with the prospect owners; Goldcorp has since decided not to proceed with the option.”
Page 10-9
 
Question: Of the 28 holes drilled how many of them were cores? 6,859.95 Meters drilled.
Question: Did Goldcorp decide “not to proceed with the option” or were they told they by OCO to get off their land?
Bullboard Posts