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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Comment by ukermannon Mar 08, 2020 8:24pm

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Post# 30781458

RE:Does Oroco has gold?

Gold tends to be found with copper in some of the biggest mines in the world. Freeports Grasberg project is a perfect example. Here, @ST, we know that there is plenty, but what's unknown is how much!! In the old Bateman study done in the 90's, gold had no respect, so as a sidecar the estimate was about 1.5 million ounces scattered about. Today, with the property expanded by many multiples, who knows what will be found. That by itself could change the value of this whole project. For sure, the big boys, Barrick, Newmont, would get VERY interested. Those guys are already talking up their need to be in copper, so if gold is the sweetener, all the better.

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