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 Aug 19, 2020 7:37pm

173 Views

Post# 31431233

RE:RE:RE:RE:RE:RE:RE:Bought some more..

Bull, I agree, our days as a penny stock are numbered. i dont know if we can drill while doing 3DIP. This you should ask Adam or someone in the company. Ill try to get the answer. One thing is for sure, its a bit of a no brsainer to buy at these levels, wait 6 months and get a 50% increase in share price.

BullStockington wrote: Also Auricgold, are you sure about drilling not starting till the new year?

My understanding from the tech report was that drilling can be done concurrently with the IP.

I could be wrong but seems like there’s still lots of time to complete the necessary permitting and mobilize a rig or two to do a couple holes this fall before Mexico shuts down for its long Xmas siesta.

Regardless, timing couldn’t be better to be starting exploration right as copper hits 3 bucks again. Our days as a penny stock are numbered IMO