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 Sep 29, 2020 11:00pm

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Post# 31640025

RE:RE:RE:Fully diluted.

So it's not only about the monies needed to pour into the property per se. They need cash to run the business, salaries for their staff, monies for expenses, monies for community relations etc etc. Hopefully, the next funding will be at higher $ levels, keeping the dilution down, but this might very well settle @ 210 out fd. So what!!! Means nothing in the big picture...the acquirer picks up that tab. We should pray for good deep rich results in the initial drills and all will be fine.

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