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Bullboard - Stock Discussion Forum 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... see more

TSXV:OCO - Post Discussion

Oroco Resource Corp > AERO-MAG survey coverage over larger license area portion
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Post by NeftyIvan on May 04, 2021 8:14pm

AERO-MAG survey coverage over larger license area portion

Can anyone share insights on the ST region aero-mag survey, recorded by ORO this Q1 past?

I assume the purpose of this survey --- different from the IP --- is to uncover any ADDITIONAL ST-type mineralization anomalies that may lie within the larger ORO license area.

With such a large license area, the operator, BEFORE ANY SALE, would only be prudent to record such geophysical data ... in order to do some sort of recon investigation for the possibility of additional potential in the remainder of their area.

The current ST grade shell covers ONLY a very small portion of the overall ORO license area; where, geologically, it would not be at all unreasonable in any typical Cu-porphyry play to have one or more near by additional substantial anomalies; where, of course, the results at this moment, as far as I know, are all speculation, but, again, geologically, it is possible and would be very reasonable.

PS: I can understand why ORO may not want to talk much publicly about this survey, and its associated potential; because, should the survey, for any number of reasons, NOT be successful --- by which no additional anomalies are uncovered --- they would not want to bring on a large psychological let down, that would negatively impact the share price, if any company-speculated notions did not materialize. I would imagine that, until the proper time in the future, they may want to "hold these cards close to their vest".
Comment by caliche on May 05, 2021 12:33am
The IP was very successful and was one of the largest ive ever seen based on area! aero gives a much larger picture and being more cost effective both in time and dollars it would be preferred to scope out additional targets for another ip or for exploration drilling..i think it also can see much deeper they have their hands full with a bounty of drilling to be done but as you say in terms of ...more  
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