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.

TSXV:OCO - Post by User

Oroco Resource Corp

Bullboard Posts

Comment by FANTOMASon Mar 07, 2014 12:35pm

131 Views

Post# 22295110

RE:RE:RE:RE:RE:Adding

HeyIrish wrote:

RocketRed wrote: there are no cores in reverse circulation drilling they are in form of chips

goldcorp has assays thats it

Goldcorp stated that they did both core and reverse circulation on OCO's land. Why all of a sudden is it only reverse criculation? What I'm curious about is did they do r/c the first time and core on the second time they went back and drilled the property?

They will get the cores back no doubt. It doesn't matter that both companies are in Mexico. It does matter that both are Canadian.

As far as I'm aware, there were NO RC HOLES drilled by Goldcorp @ Xochipala !
Where does this information of RC drill holes come from ?

According to Goldcorp's Los Filos NI 43-101 (page 10-8):
"In the drill table total, 28 drill holes were completed at the Xochipala prospect during a two-year option agreement held with the prospect owners. Sixteen of these holes (3,541.2 m) were drilled in 2011, and an additional 12 holes (3,318.75 m) in 2012."

Looking at the quoted table, Goldcorp drilled NO RC drill holes whatsoever, neither in 2011 nor in 2012 !
That would mean all Xochipala holes would have been diamond drill holes !

If you know otherwise, please show your references.
FANTOMAS

Bullboard Posts

Visionstate set to leverage success in the U.S. market