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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

Post by Ponch73on Jan 25, 2021 2:02pm
402 Views
Post# 32377131

Odds That 3DIP Results Delay Is Bad News?

Odds That 3DIP Results Delay Is Bad News?For those of you who know Oroco management relatively well, how would you assess the odds that Oroco is slow-rollling the release of 3DIP results from the North Zone because they contain bad news -- like, for example, less mineralization than expected, mineralization inconsistent with drill holes, or greater difficulty extracting the resource due to location or depth, etc.?

I know OCO management is generally regarded to be forthright, and Adam already seemingly implied that the North Zone 3DIP findings would be similar to those of the South Zone, but I'm trying to consider all of the possible explanations for the delay.

Disclosure: Long ORRCF (I'm not an opportunistic short seller or financially aligned with one)
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