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 soladadeson Sep 14, 2012 12:05pm

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Post# 20363778

RE: RE: RE: Cerro Prieto's PEA

Cheers, appreciate the reassurance! I still hold 20,000 shares, so will see how it plays out. SVL has panned out incredibly well. I still think there will be revised cost estimates as the PEA was done 2 yrs ago. A lot of cost inflation has occured since then. Just have to look to BAJ TCM et al. Also, WTI is on the cusp of $100/bbl - so, if running diesel, holy smokes expensive OP costs. If can get linked into the electric grid, will help tremendously with costs. If C.P mine is going to take 2 yrs, would like to hear that a drill (or 2) is on site @ X.

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