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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 ukermannon Mar 23, 2020 8:40pm
128 Views
Post# 30839988

RE:RE:RE:RE:RE:RE:RE:RE:3d IP results

RE:RE:RE:RE:RE:RE:RE:RE:3d IP resultsMariusz, agreed on how an inflationary environment benefits the value of all commodities of which we have many...Gold Silver....Moly.....and of course Copper. But your point about as their respective value uptrends, the grade that becomes economic gets lower against the fixed cost of the mine. Thus, more tonnage will be included in the value estimate of the property. Adds to the buyout price. Good point !!!
Bullboard Posts