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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 Nov 15, 2021 12:26pm
270 Views
Post# 34127659

RE:RE:Jurisdiction Issues

RE:RE:Jurisdiction Issues
kabba11 wrote: The "no new mining concessions" line from the President is over 3 years old. I strongly suspect the Presidents view on mining has been baked into the share price by now.


This reference and the thought process behind the comment will certainly be under considerable debate in the cash strapped post pandemic world, I suspect royalties and taxes to be more of an issue then the granting of concessions, although these agencies do seem to move at a snails pace in most parts of the world?
 
Most copper miners are fluctuating negative 30% since making new highs in this past spring,, OCO share price has followed a similar trend,,. 
 

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