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Oroco Resource Corp V.OCO

Alternate Symbol(s):  ORRCF

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

Bullboard Posts
Comment by ukermannon Feb 25, 2018 2:39pm
106 Views
Post# 27617535

RE:RE:RE:RE:RE:PPT of OCO structure...

RE:RE:RE:RE:RE:PPT of OCO structure... So I'm hoping to see the formal announcement that we converted our option on the 250k shares of Altamura bringing our ownership up to the full 20%. This, right before the start of the PDAC, will get some positive coverage from the press as well as the various Jr promoters who are always looking to get their following into some solid plays.

The Company also holds a 13.6% equity interest in Altamura Copper Corp. ("Altamura"), a British Columbia company, and an option to acquire an additional 6.4% equity interest in Altamura. Through its Mexican subsidiary, Xochipala Gold S.A de C.V. ("XG"), Altamura has purchased the Santa Tomas Concessions from the registered owner of the property. Oroco is currently negotiating to acquire the remaining common shares of Altamura that the Company does not own. 

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