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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
Post by calicheon Oct 05, 2018 10:20pm
113 Views
Post# 28756481

Some historical Santo Tomas numbers

Some historical Santo Tomas numbers

Total tonnes at greater than 0.15 CUEQ are 1,337,724,375 or rounded as
1.34 Billion metric tonnes.

The total amount of equivalent pounds of copper is 10,351,439,887 or 10,3
billion lbs equivalent. The break down is 1,438,000 ounces of gold, 69.6
million ounces of silver, and 171,214,530 pounds of molybdenum and 9
billion pound of total copper. On a gross basis, the two bodies contain 41
billion dollars value at the prices quoted in the Proven, Probable, and
Possible classes of the two pits driven by CUEQ.

There is one further mine design calculated, and summarized below. Taking
all classes of the CUEQ geological tonnes as reported in the first resource
CUEQ summary at 1.9 billion tonnes (0.355 CUEQ), an ultimate pit is
found containing 1.8 billion tonnes of an economic “reserve’ grading 0.358
CUEQ. This is 14 billion pounds of contained equivalent copper.

The first pass for an In Fill exploration program will focus on the North pit,
and additional 10 – 15 holes in the South, with targets selected that will
close to double the MI resources in the South. The North area drilling will
focus on where to place the drill hoies, which will increase the Measured
class preferentially, but dramatically, extend the Indicated both to the west
and to depth in the center of the high-grade ore zone.

 
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