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 09, 2020 12:20pm

128 Views

Post# 31129138

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

Anchor, they have the funds for the 3doip already. C-19 messed up the schedule of anyone operating in Mexico. I have it good authority that the phase 2 cap raise is going well. There is also more interest as copper prices are almost at 2.60$ now and we could see 3$ by year end already if things move as they are moving now.

AnchorValue wrote: I'm happy to give them as much time as they need.

Cap Raising will get harder for them if this 2nd tranche doesn't see them thru the 3dip results.

People that participated in the 1st tranche were promised 3dip results, but have to make peace with the fact that COVID messed up all timelines.

Bullboard Posts

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