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 > When buyout?

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Comment by ORCmmMon Feb 02, 2023 11:07am

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Post# 35262289

RE:RE:RE:RE:When buyout?

Someone said Q2 buy out. For me it sounds way too optimistic. More like Q2-24.

Don't we need at least PFS first before buy-out, maybe FS? And some more definition drilling at the South Zone? What about the possible continuation to the south-east area which was indicated by 3DIP? That area needs to be tested.

South Zone needs a lot of work still, and then there is Braziles. Is that done or is there plan to resume drilling in there?

There is much more tonnage to be found and added, which will add value.

Would be nice to know companys plan after PEA. I'm thinking that the buy out will easily slip into 2024.

Or is it really anyway likeable that we get buy out purely by PEA, and this soon?

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