- Oroco Resource (OCO) issues correction of drill results for drill hole N044
- The Santo Tomas Project is located within 160 km of the Pacific deep-water port at Topolobampo
- There was a data transfer error that occurred from one system to another
- The company holds a net 85.5 per cent interest in the collective 1,172.9 hectare core concessions of the Santo Tomas Project
- Oroco Resource (ORO) is down 10.75 per cent, trading at C$0.83 at 12:52 pm EST
Oroco Resource (OCO) has made a correction to its assay results from drill hole N044 of its North Zone drilling program at its Santo Tomas property.
The Santo Tomas Project is located within 160 km of the Pacific deep-water port at Topolobampo. The property is also reachable by road.
According to the company there was a data transfer error that occurred from one system to another.
This happened with calculations that were made by a third-party consulting firm.
Richard Lock, Oroco’s CEO speaks to the error. “Drill hole N044 remains the best drill hole of the 2021-2023 Santo Tomas drill program and is consistent with prior North Zone drill results.”
“This data correction in no way dampens our enthusiasm for the overall results we have received in our recently completed drill program,” added Lock.
To date, the company holds a net 85.5 per cent interest in the collective 1,172.9 hectare core concessions of the Santo Tomas Project in NW Mexico.
Oroco Resource (ORO) is down 10.75 per cent, trading at C$0.83 at 12:52 pm EST.