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Press Release - MINING.COM

Press Release - MINING.COM
mining.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mining.com Daily Mail and Mail on Sunday newspapers.

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OROCO ANNOUNCES THE START OF DRILLING AT SANTO TOMAS

OROCO ANNOUNCES THE START OF DRILLING AT SANTO TOMAS
apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.

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Oroco Resource Corp | Company Summary | CVE:OCO ISIN:CA6870331007 | Toronto Venture Exchange ABN Newswire

CVE:OCO ISIN:CA6870331007
Oroco Resource Corporation (CVE:OCO) (OTCMKTS:ORRCF) holds a net 73.2% interest in the collective 1,172.9 ha Core Concessions of the Santo Tomas Project in NW Mexico. The Company also holds a 77.5% interest in 7,807.9 ha of mineral concessions surrounding and adjacent to the Core Concessions (for a total project area of 22,192 acres). The Project is situated within the Santo Tomas District, which extends from Santo Tomas up to the Jinchuan Group s Bahuerachi project, approximately 14 km to the north-east. Santo Tomas hosts a significant copper porphyry deposit defined by prior exploration spanning the period from 1968 to 1994. During that time, the property was tested by over 100 diamond and reverse circulation drill holes, totalling approximately 30,000 meters. Based on data generated by these drill programs, a historical Prefeasibility Study was completed by Bateman Engineering Inc. in 1994. ....

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Ellis Martin Report: Oroco Resource Corp (CVE:OCO) Drill Programs Approved For Copper Projects in Sinaloa and Chihuahua, Mexico

Ellis Martin Report: Oroco Resource Corp (CVE:OCO) Drill Programs Approved For Copper Projects in Sinaloa and Chihuahua, Mexico

Sydney, July 26, 2021 AEST (ABN Newswire) - Join Ellis Martin for a conversation with Adam Smith, the Vice President of Business Development and Corporate Finance for Oroco Resource Corp (
Oroco, founded in 2006, is a Canadian mineral exploration company with a history of and expertise in the development of resource opportunities in Mexico. Oroco is led by a management team with significant experience in exploration, discovery, development and operations in the mineral sector. The company s focus is on the confirmation and expansion of the historical resource of the Santo Tomas porphyry copper project in Sinaloa State, Mexico. Oroco has a controlling interest in over 8,900 hectares of contiguous mineral concession that cover and surround the known core of the Santo Tomas mineralized structure as well as the potential exten ....

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OROCO INCREASES SANTO TOMAS INTEREST

TSX-V: OCO) (“
Oroco” or “
Rodriguez”) of Mexico City to acquire 25 shares of Xochipala Gold, S.A. de C.V. (“
Xochipala Gold”) for US$1.5 million. Xochipala Gold holds 100% of the registered title (85% of the beneficial ownership) to the seven core concessions (the “
Core Concessions”) of the Company’s Santo Tomas Project. The shares of Xochipala Gold being acquired currently represent 8.5% of the beneficial ownership of the Core Concessions.
Background: Prior to reaching the current agreements with Rodriguez, the Company’s held all 180 issued shares of Xochipala Gold (the “
Shares”). Mr. Rodriguez held a right to 50 of the Shares, as well as a 0.5% net smelter royalty in the Core Concessions. The Company held an option, through its wholly owned subsidiary Desarrollos Copper, S.A de C.V., to acquire all of Rodriguez’s rights and interest in the Shares for payments totaling US$16 million (the “ ....

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