Oroco Resource Corp V.OCO

Alternate Symbol(s): ORRCF

Metals & Mining Gold

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.

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Oroco Resource Corp

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Comment by Chobitson Sep 14, 2012 5:41am

247 Views

Post# 20361748

RE: RE: RE: details on Cerro Prieto

Check the p.176 where you have the cash flow model before tax (the cash flow model is based on 1000 usd gold price).

Year 1
Ounce Au produced: 35k
Cash cost: 234 usd/oz Au eq (silver included)

Year 2
Ounce Au produced: 36k
Cash cost: 301 usd/oz Au eq

Year 3
Ounce Au produced: 22k
Cash cost: 699 usd/oz Au eq

Year 4
Ounce Au produced: 16k
Cash cost: 522/oz Au eq

Dont forget about the gold loan. Since the changed financiers I'm not really sure if the gold loan is the same as the old one. But the old gold loan was 21k over 3 years and also a option to buy 9k oz au for $1550 oz Au.

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