Oroco Resource Corp Stock Price, News & Analysis

Oroco Resource Corp. (OTC: ORRCF) reported assay results from 4,124 m of drilling in the North Zone and Brasiles Zone of its Santo Tomas property in Mexico. The drill program confirmed and expanded the Gradeshell model of Cu >0.30%. Notable results include drill hole N027 with 195.2 m of 0.45% CuEq and N030 with 211.6 m of 0.47% CuEq. The North Zone's mineralized zone is now confirmed to approximately 1,000 m in strike length. The Company aims to expedite completion of the ongoing drill program to support a Preliminary Economic Assessment.

Oroco Resource Corp. announced significant assay results from its drilling program at the North Zone of the Santo Tomas property in Mexico. A total of 35 holes have been drilled, confirming the historical 2009 Gradeshell model of Cu >0.30%. Key highlights include

• Drill holes N019, N021, and N024 showed significant results supporting prior assays.
• Drill holes N022, N023, N025, and N026 confirmed higher-grade mineralization.
• Drill hole N020 identified new mineralization areas.

The ongoing drill activities are expected to support a combined resource estimate for the North and South Zones.

Oroco Resource Corp. (OTC: ORRCF) has begun a Preliminary Economic Assessment (PEA) for the Santo Tomas Project in NE Sinaloa, Mexico. Ausenco Engineering USA has been appointed to lead the study, supported by SRK Consulting for an updated Mineral Resource Estimate (MRE) and Mining Plus for open pit design. The PEA completion is anticipated by Q2 2023. Additionally, the company is increasing its drilling capacity by mobilizing two more drill rigs, bringing the total to six for the North and South Zones. The project holds a significant copper deposit, with historical exploration dating back to 1968.

Oroco Resource Corp. (OTC: ORRCF) reports successful drilling results from the North Zone of its Santo Tomas property in Mexico, completing 18,136 m across 26 holes. The latest results show significant copper grades, with Hole N015 returning 292 m of 0.36% CuEq. Overall, the drilling confirms and expands on the historical Gradeshell model, indicating a broader deposit than previously estimated. The company plans further drilling to support a mineral resource estimate and aims to complete a Preliminary Economic Assessment in Q1 2023.

Oroco Resource Corp. (OTC: ORRCF) announced positive drill results from its Santo Tomas property in Mexico. Assays from holes N013 and N014 confirm geological models with significant copper grades. Hole N013 revealed a 450 m interval with 0.32% Copper Equivalent (CuEq), while N014 showed promising intersections as well. The company's ongoing drilling campaign has confirmed mineralization at expected depths, indicating broader responses in targeted areas.

Oroco Resource Corp. (OTC: ORRCF) has resumed drilling operations at the Santo Tomas project following the end of federal military activity in the area. Drilling commenced on Hole B007 at Brasiles and Hole N020 in the North Zone. Core logging and assaying continued during the stoppage, enhancing processing efficiency. The company is collaborating with Ausenco to prepare a Preliminary Economic Assessment, with metallurgical testing underway and expected completion in Q1 2023. Oroco holds a 73.2% interest in the Santo Tomas Project, which contains a significant copper porphyry deposit.

Oroco Resource Corp. (OTC: ORRCF) announced results from the initial exploration drilling at its Santo Tomas property in Mexico's Brasiles Zone. Six diamond drill holes were completed, with five results returned. Although no significant base or precious metal mineralization was identified at the Brasiles Main Zone, initial findings from the Brasiles West Zone showed promising geological similarities to the North Zone. Plans for further drilling and geological mapping are ongoing, with assay results expected from one additional drill hole.

Oroco Resource Corp. (OTC: ORRCF) announces results from its first exploration drilling round at the Brasiles Zone, Santo Tomas property in Mexico. Six diamond drill holes were completed, with results for five reported. The drilling encountered altered and pyritic andesite volcanics and monzonite intrusion, but no significant mineralization was found. Notably, the Brasiles West Zone exhibits geological similarities to the North Zone, with the potential for continued exploration. Assay results for drill hole B006 are pending, and the drilling rig has moved to hole B007.

Oroco Resource Corp. (OTC: ORRCF) has temporarily suspended drilling operations at the Santo Tomas Project due to increased federal military activities in the area, stemming from disputes between criminal groups. The company's primary concern is the safety of its personnel. Despite the suspension, Oroco will maintain core processing operations at its Ranchito facility. The Santo Tomas Project contains a significant copper porphyry deposit with a historical Prefeasibility Study completed in 1994. The project is well-positioned geographically, benefiting from proximity to infrastructure such as highways and railroads.