Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Kamoozon Feb 08, 2020 6:19pm
158 Views
Post# 30663125

RE:RE:RE:RE:RE:RE:RE:option done!

RE:RE:RE:RE:RE:RE:RE:option done!Thanks guys fot your input, I also "just" received an official answer from the company for the same question: There is no question that the river will have to be diverted in order to maximize the mine plan for Santo Tomas.  Once we have more drilling data from the North Zone, we will identify the best diversion strategy for the river.  The choices are likely to be (a) a controlled spillway through an adit driven east to west underneath that area of the deposit that lies in between the North and South Zones, or (b) a cut in the shape of an arc through the Brasiles Zone which lies to the northeast of the North Zone on the north side of the river.  From an engineering perspective, either solution is relatively straight forward.  Other than the capital cost, which is yet to be calculated, the main issue will be environmental compliance.  The river is currently controlled by the Huites Dam, which is about 20km downstream, for agricultural and power generation purposes.  We anticipate that the potential magnitude of the Santo Tomas project and the positive consequences that will be derived for the local communities will assist us in developing a diversion plan that will not create any long term adverse conditions for the waterway.  However, it is an important aspect of the project development plan that will have a significant impact on the scope of the project.
 
I hope that this reasonably summarizes the situation.
 
Regards,
 
Craig Dalziel
Bullboard Posts