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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 auricgoldon Dec 07, 2020 11:03pm
190 Views
Post# 32055642

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Technically very sound,,!!

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Technically very sound,,!!Mik, yes that is true. I think drilling will be in April sometime or Q2 2021. Till then we have to get all the 3DIP, rigs in place etc. Remember, Mexico SHUTS DOWN from dec 10 to January 10th.

MikPrecious wrote: I recall asking Adam about the permit and he mentioned it's more an administrative thing and by the time they finish the full depth analysis of 3DIP it will be February and by then they will also have the rigs in place to drill apparently.  Perhaps early March at the latest I would imagine as they still need to do geophysics.  If you have been patient this long then it's worth the ride.  They want smoke every aspect of drilling to get as much ownership as possible which is going to happen in 2021. 


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