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Bullboard - Stock Discussion Forum 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 Discussion

Oroco Resource Corp > Brasiles hole at over 500 meters and counting?
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Post by Pepelepieux on Dec 11, 2021 9:55am

Brasiles hole at over 500 meters and counting?

Mariusz Skonieczny noted something very important but very subtle in the latest press release. Unfortunately he's on a long road trip currently and couldn't find the time for an addendum to this video. He noted that on the Dec 9 press release it says that the hole in Brasiles is in progress. The prior press release from November 17th announced the commencement of drilling in Brasiles. His opinion is that no matter how much you assume is drilled per day, the hole in Brasiles should be at least at 500 meters, and continuing. The fact that ANYTHING in Brasiles constitutes added copper resources, and that Oroco would be foolish to continue drilling unless they are continuing to see mineralization, and you get a significant piece of news. Of course, we won't know for sure until Oroco discloses the results of this hole's assay. Mariusz sure knows how to take different pieces of data and read between the lines!
Comment by mrobpor on Dec 11, 2021 1:13pm
Yes, but that doesn't say anything about the grade. They apparently continued to drill long holes in the NZ past the high-grade shell, but were only seeing low grades. I sure hope grades are high and long intersections at Brasiles, but I think this is quite a leap to make based on the 12/9 news release.
Comment by Pepelepieux on Dec 11, 2021 7:30pm
Of course it doesn't say anything about the grade. But what does the grade have to do with the assertion that OCO should be at over 500 meters for that hole? That's the only assertion being made here, so why is it a leap to make it based on the beginning of the drilling announced on 11/17 and the PR on 12/9 which says the drilling is yet to be completed for that hole? Since the only news ...more  
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