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Oroco Resource Corp V.OCO

Alternate Symbol(s):  ORRCF

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.


TSXV:OCO - Post by User

Comment by rbarbarickon Dec 05, 2020 10:28pm
248 Views
Post# 32045286

RE:RE:Brent Cook & Jonathan Tourzan

RE:RE:Brent Cook & Jonathan Tourzan
Brent Cook is among the best economic geologists available to retail investors.  I discussed Oroco with him about 2 years ago and he said that he didn't know the deposit.  Mariusz beat the market to 1st base on Santo Tomas; based on this week's rise in volume, one or more power hitters have come up to bat.  Mr. Cook's Tweet just points out the potential issues with the river without expressing any insights on the circumstances. He is bullish on copper and other copper explorers. All of Oroco'sactivities in Mexico have taken longer than some people anticipated (for lots of reasons).  The river is an issue for the acquirer to deal with and will be covered in the PEA/mine plan, no?  This is my firrst post on Stockhouse fwiw.
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