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 Dec 20, 2019 9:10am

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Post# 30476076

Last Hurdle Before the Finish Line for Oroco Registration

I am so happy to see today’s press release from Oroco. The company said,

“The Company is pleased to also announce the 50 year extension of the term of the Bob and Roberto Verde concessions, which constitute 2 of the 7 core concessions of the Santo Tomas Project. The resolution of the extension application for these two concessions completes the final pre-requisite to the transfer of the 7 core Santo Tomas concessions to Altamura’s subsidiary, Xochipala Gold, S.A. de C.V.”

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