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 > Does change in Governorship in Sinaloa affect Oroco permits?

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Comment by calicheon Jun 08, 2021 7:01pm

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Post# 33352551

RE:RE:Does change in Governorship in Sinaloa affect Oroco permits?

governors are innagurated dec 1st with permits expected any time now OCo will be well into drilling before anything changes and i dont expect anything will change with amlo losing power federally..overall a good outcome for mining in mexico

investment dollars will be leaving peru for a while so it looks like the universe of acquirers has become even larger since they wont be keen to put billions into peru for a while

peru's loss is mexicos and OCO's gain

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