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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.


TSXV:OCO - Post by User

Oroco Resource Corp > Malte on Oroco South Zone Drill Results (OCO, ORRCF)
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Comment by johngalt77on Nov 26, 2022 2:07am
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Post# 35129694

RE:RE:RE:RE:Malte on Oroco South Zone Drill Results (OCO, ORRCF)

RE:RE:RE:RE:Malte on Oroco South Zone Drill Results (OCO, ORRCF)It's taken them a while since 2020 but I couldn't be more pleased with the progress in the second half of this year - they have executed as per their original plan in the technical report. It looks like good days are here again with Mineral resource estimate in Q1 and PEA in Q2 2023.

Generally, the first mineral resource estimate and PEA are conservative and I assume that they will not veer very far from the Thornton's estimate of 6M pounds of Cu and 0.15% Cutoff apart from adding the inferred resources that were categorized as waste..

I would be interested in hearing more from the experts here on their thoughts regarding the initial resource estimate..

cheers,
Qleap


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