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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 GoldenRoad21on Jun 02, 2022 2:46pm
249 Views
Post# 34727345

RE:RE:5.5 more years at this rate...

RE:RE:5.5 more years at this rate...If you try and refute my complaint (which was more of an observation anyhow) at least make sure you at least somewhat understand what I said.

My "back of the envelope" math was refering to how many does, on average, it has taken to provide ASSAY RESULTS on a per hole basis. I obviously understand that drilling is a major factor in that equation but there are clearly additional factors at play that are slowing things down that when taken into account make your calculations seem overly optimistic. I also undertand from recent weekly drill updates that the company is in the process of scaling up resources to try and process more core in a more efficient manner but there is also the "lab factor" which is generally out of the companies control (unless they use another/additoinal labs). 


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