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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 EStreeton Mar 09, 2021 2:54pm
257 Views
Post# 32754540

RE:RE:RE:RE:Adam Smith buys on the market ... Sign .. ? :-)

RE:RE:RE:RE:Adam Smith buys on the market ... Sign .. ? :-)
Overertune wrote: Have they applied for the permit yet?


They have applied for drill permits and expect to hear something in the next 30 to 45 days,,. They expect the full drill program to commence in Q3, Q4 of this year and Ian Graham is planning on moving there to start and over see the program in two months,,. They regard the Mexico permit process to be a strait forward procedure that works well,,. They program is planned to both confirm the historical reserve as well as to expand it and will have drill data released in throughout H2/21,,.
 
Also expect a 3DIP update at some point and then a final report in the next 2 to 3 months which I assume will have some analytical conclusions beyond what we have heard so far,,. 
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