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

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Comment by auricgoldon Apr 11, 2021 1:58pm

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Post# 32974562

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

Agreed EStreet. I assume permits by end of May, drilling for 8 weeks, and results 8 weeks after. So first drill results by end of September, around October. However, the drillings will continue and increase, so I am anticipating continuous results till December when Mexico shuts down, and back again starting mid Jan 2022. The really good news in Mexico is that you drill all year, no freezing there. So once we get real results after 12 months of drilling, I am anticipating the buyout to come close. So first sign of buyout September 2022.

EStreet wrote: I'm paraphrasing,,,,,,,.

Talk of "five, six and even seven drills" proving up historic results as well as a posible resource "two to three" times larger than existing,,,,,also,,,, there will be "periodic updates as drill program progresses,,.

In other words we will not be waiting a year for a final report to know some of the drill target results,,. Further expect a Brasiles update prior to the final 3D-IP report, that this should be any day now, and no small matter,,.