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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

Comment by BullStockingtonon Jun 17, 2021 1:27pm
287 Views
Post# 33405052

RE:RE:RE:RE:Pretty good start

RE:RE:RE:RE:Pretty good start

Probably hard to give clear guidance with many factors both outside and within their control - ground condition/drilling speed, where they're shipping core to, lab speed (they tend to be backed up/slow with high commodity prices and lots of drilling going on), if they drill a very deep hole they could potentially release partial results while the rest of the hole is still being drilled/assayed or they may wait to have the complete hole, etc.

Deep diamond drilling takes time, and preparing + shipping and assaying core, and interpreting results, take time too. 

So I wouldn't expect drill results for probably up to ~3 months after drilling starts. Just a rough guess based on experience with other companies, could be off in either direction. After initial results I'd expect additional results to start rolling in at shorter intervals as more holes are completed. 

Along the way I'm sure we'll get progress updates, news of rigs being added, core photos, etc. 

With Oroco good things tend to take time: final legal resolution, title registration, IP results, none happened super quickly - all required a bit of patience but were more than worth the wait. I expect drill results will follow that pattern. 

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