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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Post by ukermannon May 16, 2016 9:46pm

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Post# 24879422

April 29th MD&A

Posted on Sedar, the highlights are:
Working capital approx 1.2 million.....owed to us by Goldgroup and past due, approx 1 million..... Holding 11 million shares GGA, current value 2.2 million. So total cash and securities holding approx $4.5 million or about $.06 per share. No value is assigned to the property. If Goldcorp bought the property just on the knowledge that they gained when they "accidentally" trespassed with their drills, say for 25 million, we would be worth over $.35 share.

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