Oroco Resource Corp V.OCO

Alternate Symbol(s): ORRCF

Metals & Mining Industrial Metals & Minerals

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 whinnyon Sep 18, 2015 8:44am

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Post# 24115099

RE:Finally more money in from GGA

Oroco's press releases dated Aug 28, and Sept 15 declared they received 16.5M shares of Goldgroup Mining. The press release dated Sept 16 said they did not receive any money or shares (contract stated Goldgroup could pay shares instead of money).

So, on one hand Oroco said they received shares and the next PR stated they didn't receive shares. Which is it? I don't understand what is going on here. How can you issue a PR stating you received shares when you really didn't. They also said they can't proceed with drilling until they receive the money from Goldgroup. I think they need to get a good lawyer to expedite this.

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