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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Comment by rbarbarickon Mar 02, 2021 12:24am

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Post# 32692445

RE:RE:Mining in Mexico

Mines get built and produce in much higher risk places such as Mongolia.
Here is a checklist of things that you should also be losing sleep over if you do not know the answers for Santo Tomas.

https://explorationinsights.com/free-content/articles/fatal-flaws-in-the-junior-mining-sector/
One can always find reasons not to buy Oroco; there are plenty of both real and imagined risks.

Santo Tomas requires drilling permits across 3 Mexican states--drilling will begin later in some states than others.
If you don't own shares before the permits are approved and the drilling begins, it may never make sense to buy in later.

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