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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 mrobporon Apr 19, 2022 10:32am
451 Views
Post# 34613004

Pins and needles

Pins and needlesGotta be a news release tomorrow or Thursday, right? Right?? :) Other welcome information would be some sort of statement from the new CEO. Would really like to know his Oroco-specific perspective, strategy, and decision-making process. E.g, when do they stop drilling? That balance of high expasion probability vs. progress sufficient for a sale. Adam referenced this vaguely in the last THC presentation. I've asked the question directly, but gotten no response. 

Finally, it would be most welcome to see the promise of more regular news releases come to fruition. After all, the company has increased the talk that the buyout target is in next 12-18 months. So not just assays - they are ready when they are ready - but to use Canadian parlance, they really must be able to get "crunchier" on lots of topics - new drill schedule, land acquisition, exploration plans thereof, government relations in light of recent talk by AMLO, etc. 
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