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 FANTOMASon Feb 14, 2014 10:12am

103 Views

Post# 22209666

RE:RE:RE:Los Filos 43-101

mouserman wrote:
The other problem is that once you have the results in hand you are required by law to make those results public . They can t sit on the results.

That would be correct for explorers but IS NOT applying to big producers.
Because drill results need to be published only if they are MATERIAL changes for the corporation.
A few drill results are certainly NOT MATERIAL for a company like Goldcorp, hence you will hardly find any news releases with drill results from big producers although they would often spend tens if not hundreds of millions for drilling per year.
If you know otherwise, please show me a recent news release about drill results from a big producer.

FANTOMAS

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