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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Post by thereaderon Sep 06, 2018 4:33pm

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Post# 28575072

TO banker gives in situ copper value at $0.026 per pound

In a research note about Solgold titled "The Sharks are Circling, is a Bidding War About to Begin? , Red Cloud Klondike Strike - odd name for a firm for sure - says in-situ copper in a trading company gets a valuation of $.026 per pound of copper and equivalent and $0.07 when bought out.

Interesting for Santo Tomas, with a historical resource of almost 10 billion pounds.

The Sharks are Circling...

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