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 thereaderon Feb 14, 2018 7:28pm

77 Views

Post# 27561799

RE:RE:what is a porphyry

Here's an example of a junior who owned a big copper deposit, a porphyry: https://www.northernminer.com/news/taca-taca-gets-bigger-and-better/1000765311/

Bought for $470 million, at a time when copper prices were falling, in a part of the world hostile to mining, at 10,000 feet up in the Andes in a very arid place. So ST looks pretty good and pretty valuable.

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