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 dieter216on Sep 18, 2012 3:19pm

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Post# 20381310

RE: RE: RE: RE: Xochipala Drilling...

I accept your points are valid, 'this is a mine in the making"...I agree these things don't happen over night...

and perhaps I'm a little over confident on this one but...

I do prefer to invest in mining jurisdictions wher permitting, environmental assessments etc get done at a reasonable timeline. I've invested in and continue to hold Timmins and Silvercrest, both in Mexico and both built quickly from a mining time frame.

Also if you look at Goldcorps Los Filos mine which is next door to Oroco's Xochipala, their cash cost is approx $550 oz and the geology in the area is consistent (see Torex, Newstrike) .

Not so sure Keegan is a good comparison as they're in Ghana, Africa, low grade find.

and yes you probably have been at this investing thing longet than I, I only started in 1986...

cheers - Dieter

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