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 Apr 07, 2020 9:05am

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Post# 30885961

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Copper UP 2.5%

I just thought I might have missed an update by the officials in Mexico. I suppose they will follow the lead set by the US, as our USMCA dealings draw us dependent on each other. Trump is anxious to get going again, as he should be, so if there's a light at the end of the tunnel, he's going to go for it. Obviously, mining is a major piece of the Mexican economy, and there is already a movement afoot to push for an exemption, so any progress shown in a return to normalcy I'm sure will be joined by many.

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