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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

Post by NeftyIvanon May 04, 2021 8:14pm
255 Views
Post# 33129402

AERO-MAG survey coverage over larger license area portion

AERO-MAG survey coverage over larger license area portionCan anyone share insights on the ST region aero-mag survey, recorded by ORO this Q1 past?

I assume the purpose of this survey --- different from the IP --- is to uncover any ADDITIONAL ST-type mineralization anomalies that may lie within the larger ORO license area.

With such a large license area, the operator, BEFORE ANY SALE, would only be prudent to record such geophysical data ... in order to do some sort of recon investigation for the possibility of additional potential in the remainder of their area.

The current ST grade shell covers ONLY a very small portion of the overall ORO license area; where, geologically, it would not be at all unreasonable in any typical Cu-porphyry play to have one or more near by additional substantial anomalies; where, of course, the results at this moment, as far as I know, are all speculation, but, again, geologically, it is possible and would be very reasonable.

PS: I can understand why ORO may not want to talk much publicly about this survey, and its associated potential; because, should the survey, for any number of reasons, NOT be successful --- by which no additional anomalies are uncovered --- they would not want to bring on a large psychological let down, that would negatively impact the share price, if any company-speculated notions did not materialize. I would imagine that, until the proper time in the future, they may want to "hold these cards close to their vest".
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