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 > Mining in Mexico

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Post by ChrisMarton Feb 24, 2021 3:12pm

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Post# 32649430

Mining in Mexico

Hello everyone,

As I am looking for information about Oroco, I stumbled on this messageboard.

Did anyone already discuss about the "nationalization" risk of mining in Mexico?

I was suprised to find a reference on twitter that Mexico is maybe not the most friendly mining country. It looks like some steps were already taken for mining lithium:
https://www.mining.com/mexico-pushes-ahead-with-lithium-nationalization-plans/

It would be nice to have some views on this "nationalization" aspect.

Thanks in advance
Oroco shareholder

My concen was raised by https://twitter.com/D438558409/status/1364644478653394944

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