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

Comment by coppermonsteron Oct 14, 2021 12:54am
316 Views
Post# 34003946

RE:RE:RE:RE:Copper Futures 4.5155 +0.1900 (+4.39%)

RE:RE:RE:RE:Copper Futures 4.5155 +0.1900 (+4.39%)on Sep 2nd after 4 weeks of drilling Adam said that 2 hole were done and 3 and 4 were in progress. I further confirmed in phone calls and in posts by members on MCE that 6 are done and 7-8 should be pretty much done.
You may want to follow this guy Malte on twitter who uses satellite images to track the drill locations. he has very accurate images and timelines. Mariusz mentioned him today in his video I think.
So yes, 7-8 holes are done.

Re permits. 46 holes in Brasiles are permited.
In NZ Oroco is drilling with Avisos, not permits. The initial Aviso allows for 9 pads, each pad can accomodate multiple holes. Solaris drilled 22 holes from 7 pads, so the 9 pads currently allowed under the first aviso will keep Oroco busy at least another month or two. A new aviso has been filed. This has to do with private vs federal surface right situation. 
In Brasiles it is all private land and Oroco has an agreement with the landowner and was just able to file for a full permit for 46 holes including roads etc.
NZ is on federally owned land so Oroco had to form a another company to acquire the land rights to start working on the integrated permit. Until that is done they can drill under avisos which are simple notices, informing the federal land owner that they are drilling. The limitation is no new roads etc.
<< Previous
Bullboard Posts
Next >>