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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
Comment by martin81on Feb 11, 2014 11:08am
162 Views
Post# 22195271

RE:What Goldcorp should do.

RE:What Goldcorp should do.It would seem that Goldcorp would have to turn all drill core and data over to Oroco as Oroco are now confirmed to have legal rights to the property.

Questions.....what if G are not willing to do so? What would be the course of action for OCO in Mexico? There shouldn't be much of a legal dispute after Friday, but you never know what can happen with the arrogance of a giant producer like Goldcorp involved.    

It appears Oroco had a 20+ drill hole program completed for them at no cost, with assay results pending.  This would be fantastic, but they need G to turn it all over to them.  

One last question.  Does anyone know if the core shack was constructed by G before or after the completion of their drill program?  Thanks 
Bullboard Posts