Oroco Resource Corp V.OCO

Alternate Symbol(s): ORRCF

Metals & Mining Gold

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

Bullboard Posts

Comment by auricgoldon Jun 08, 2020 10:09pm

169 Views

Post# 31127089

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Market today

Hi Anchor, i spoke to Adam Smith today of the company and here is what I was able to deduct:

Full start of work and 2dip starting end of June by the time we start getting geared up.
2DIP ready at latest end of August, early September, which is a great time for markets to start noticing us.

I am personally OK waiting till then as long as we start in July. The company has no issue raising capital it seems and I am sure we will have concrete news once the company is ready to announce the closing of phase 2 of the financing. If this is the schedule, i see us at 60 cents by end of September with cash in hand and 3DIP completed. Then its up to drilling. I didnt ask about permits but i will.

Hope this helps.