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 > OROCO COMPLETES AIRBORNE MANETICS SURVEY AND UPDATES 3D IP

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Comment by ChrisMarton Mar 05, 2021 3:27am

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Post# 32725585

RE:RE:RE:RE:OROCO COMPLETES AIRBORNE MANETICS SURVEY AND UPDATES 3D IP

FrozenInOntario wrote:
Just looking at the map with the overlays, seems that these guys are looking to see if they should expand their 3DIP up to the north and South-East. Afterall, drilling is expensive, but so is 3DIP and would seem like a pretty good idea to do the heli-mag first.

I have the same feeling that this is the real reason.

Do heli-mag survey of the north and South-East.
The survey reveals nothing => no more investment in the north and South-East.
The survey reveals something => Do 3DIP

Price Heli-mag survey < 3DIP < Drilling

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