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Oroco Resource Corp V.OCO

Alternate Symbol(s):  ORRCF

Oroco Resource Corp. is a Canadian mineral exploration company. The Company is engaged in the acquisition and exploration of mineral properties in Mexico. It holds a net 85.5% interest in those central concessions that comprise 1,173 hectares (ha) (the Core Concessions) of The Santo Tomas Project, located in northwestern Mexico. It also holds an 80% interest in an additional 7,861 ha of mineral concessions surrounding and adjacent to the Core Concessions (for a total Project area of 9,034 hectares, or 22,324 acres). The Project hosts a large, outcropping porphyry copper deposit comprised of fracture-hosted and disseminated copper and molybdenum sulphides with significant gold and silver credits. Its Xochipala Property is comprised of the Celia Gene (100 ha) and the contiguous Celia Generosa (93 ha) concessions. Its Salvador Property is a 100-hectare mining concession, which lies around 25 kilometers (kms) to the west of the Xochipala Property and 30 kms west of Chilpancingo, Guerrero.


TSXV:OCO - Post by User

Bullboard Posts
Post by dieter216on Jan 12, 2011 5:27pm
589 Views
Post# 17962421

OCO in 2011....

OCO in 2011....
How I see the first 6 months of 2011 playing out....

- an announcement on their proposed financing to raise the $20mill to bring the mine into production.
-addition of key mining exec to assist in brining them into production
-positive environmental assessment review
-awarding of contract to Sonoran Resources (who brought Silvercrest into production in 12 - 14 months)

All of this should bring OCO share price to over $1.00 by end June.

Sonoran should be able to bring Cerro Prieto into production even sooner than 12 months after getting the go ahead, having built the Silvercrest mine and working with the local contractors etc.


Fully Diluted:      OCO   55 million shares
                              SVL    77     "          "
                              TMM 145     "         " 
Bullboard Posts