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 jmsims2on Nov 25, 2019 11:26am

82 Views

Post# 30389435

RE:RE:RE:RE:RE:RE:New drill results will make a difference

Hopefully they find a strategic partner to help fund drilling. I'm afraid in a worst case scenario where copper continues to be depressed and the share price is depressed, it may be difficult to raise funds to drill without a lot of dilution of current shareholders.

My personal opinion is that worst case doesn't happen. I think Mariusz is right, the anticipation of a slow down will be worse than any actual slowdown, if it comes at all.

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