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Oroco Resource Corp (ORRCF) provides investors and industry observers with essential updates through this centralized news hub. Track official announcements regarding mineral resource estimates, Preliminary Economic Assessments (PEAs), and operational developments at key projects like Santo Tomas.
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Oroco Resource Corp. (OTC: ORRCF) announced a correction to the assay results from drill hole N044 at its Santo Tomas property, caused by a data transfer error from a third-party firm. The corrected results indicate a decrease in the copper equivalent (CuEq) from 0.93% to 0.46%. Despite this correction, CEO Richard Lock reaffirmed that drill hole N044 remains the best of the 2021-2023 Santo Tomas drill program and does not diminish the overall enthusiasm for recent drilling results. The company's total drilling program has covered 48,481 meters across 76 holes. The Santo Tomas Project is located in Mexico and covers approximately 23,048 acres.
Oroco Resource Corp. (OTC: ORRCF) has issued a correction regarding drill hole N044 results from its Santo Tomas project, following a data transfer error. The corrected copper equivalent percentage (CuEq) from N044 is now 0.46%, down from the previously reported 0.93%. The drill program spanned 2021-2023, totaling 48,481 meters over 76 holes. Despite the correction, CEO Richard Lock emphasized that N044 remains the best drill hole in the program, aligning with prior results. The company holds substantial mineral rights in the Santo Tomas area, which is known for its copper porphyry deposits. This news does not affect previous announcements regarding the project.
Oroco Resource Corp. (OTC: ORRCF) announced significant assay results from drill holes N044 and N045, totaling 1,553 m of drilling at its Santo Tomas property in Mexico. Notably, N044 returned 352.5 m of 0.93% copper equivalent (CuEq), marking it as the best hole drilled to date. N045 yielded 329.8 m of 0.50% CuEq, demonstrating continuity of mineralization depth. The North Zone drilling program now has 47 diamond drill holes completed. The company plans a Preliminary Economic Assessment (PEA). The drilling results indicate strong potential for resource expansion, particularly in the southern segment of the North Zone. Historical exploration has already established significant mineral resources at the site.