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 MariuszSkoniecznyon Jul 27, 2018 12:13pm

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Post# 28377589

Copper is Hot Right Now

Copper is on the verge of a major breakout, said Nick Mather, CEO & managing director of DGR Global.
“If you look at the price graph, and if you look at where copper demand is going, it’s going to break out,” Mather told Kitco News on the sidelines of the Noosa Mining & Investment Conference.
Mather cited labor problems in Chile, resource grades coming down, and increasing mining costs as tailwinds for copper price.
“We really like copper, that’s why went to the Andean copper belt,” he said.

https://www.kitco.com/news/video/show/Noosa-Mining-Investor-Conference/2046/2018-07-27/Copper-Is-Hot-Right-Now--CEO-Part-1#_48_INSTANCE_puYLh9Vd66QY_=http%3A%2F%2Fwww.kitco.com%2Fnews%2Fvideo%2Flatest%3Fshow%3DNoosa-Mining-Investor-Conference

While copper is hot, Oroco is not so hot at this moment. When the legals are resolved, this thing is going to explode to levels that will surprise many.

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