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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
Comment by thereaderon Feb 26, 2020 12:55pm
106 Views
Post# 30736242

RE:RE:BArrick CEO - "Copper is a fantastic strategic asset"

RE:RE:BArrick CEO - "Copper is a fantastic strategic asset"I'd referenced the Caesars Report. Here it is for anyone who hasn't yet seen it.

https://caesarsreport.com/freereports/CaesarsReport_2019-09-18.pdf

Lots of good stuff in here. He covers lots of ground and answers a lot of questions one may have about ST.

He even writes about the river - Spoiler Alert, he concludes it's no biggie; a small cost to manage/divert it and it'll be out of cash flow, not up-front capital. (What he doesn't say is that once managed - a whole lot of potential resource opens up. Some of the best historic drill holes are on the north end of the North Zone, the holes drilled right up to the edge of the water, and the next holes, the fabled 3 in the Brassilies (spelling?) 1.25 km north on the other side of the river, are said to have yielded some of the best grades of the past drill programs. So, what Caesars report suggests is a low cost engineering effort, opens up a potential 1.25km or more of strike zone of structure that's bookended with very good drill holes!)

Bullboard Posts