SANTO TOMAS PROJECT PRESENTATION

Rhea-AI Summary

Oroco Resource Corp. (TSX-V: OCO, OTC: ORRCF) presented at the Mexican Discoveries 2025 Conference to discuss progress on the Santo Tomas Project. The company announced the planned initiation of environmental baseline studies and community consultation process following positive meetings with Mexican federal and state officials.

The company will participate in a Red Cloud Securities Inc. Webinar titled 'Oroco Resource Corp.: Why Santo Tomas is the most buildable Copper Asset in the Americas' on April 16th at 2:00pm EDT. According to Executive Chairman Craig Dalziel, the Mexican government's clear support for the Santo Tomas Project enables the resumption of development activities, starting with environmental and social programs important for the permitting process.

Positive

• Received government support for Santo Tomas Project development
• Advancing to environmental and permitting phase
• Clear pathway to resume development activities

Negative

• None.

VANCOUVER, Canada, April 15, 2025 (GLOBE NEWSWIRE) -- Oroco Resource Corp. (TSX-V: OCO, OTC: ORRCF) (“Oroco” or the “Company”).   Last week Oroco presented at the Mexican Discoveries 2025 Conference to update the Mexico resource sector on our corporate progress and the planned commencement of environmental baseline studies and the community consultation process relating to the Santo Tomas Project.

As a part of a general corporate update, Oroco is participating in a Webinar hosted by Red Cloud Securities Inc. tomorrow, April 16^th at 2:00pm EDT.   Interested participants may register for the Webinar titled “Oroco Resource Corp.: Why Santo Tomas is the most buildable Copper Asset in the Americas” via https://redcloudfs.com/events/rcwebinar-oco/.   We look forward to updating present and prospective shareholders regarding Oroco’s near-term priorities and plans.

“The results of our recent meetings with Mexican federal and state officials have prompted the immediate commencement of our environment baseline studies and the community consultation process,” stated Craig Dalziel, Oroco’s Executive Chairman. “Now that the Mexican government support for the Santo Tomas Project has been made clear, we are confident that development activity can now resume, beginning with the environmental and social programs which are essential to the project’s permitting process.”

ABOUT OROCO

The Company holds a net 85.5% interest in those central concessions that comprise 1,173 hectares “the Core Concessions” of The Santo Tomas Project, located in northwestern Mexico. The Company also holds an 80% interest in an additional 7,861 hectares of mineral concessions surrounding and adjacent to the Core Concessions (for a total Project area of 9,034 hectares, or 22,324 acres). The Project is situated within the Santo Tomas District, which extends up to the Jinchuan Group’s Bahuerachi Project, approximately 14 km to the northeast. The Project hosts significant copper porphyry mineralization initially defined by prior exploration spanning the period from 1968 to 1994. During that time, the Project area was tested by over 100 diamond and reverse circulation drill holes, totaling approximately 30,000 meters. Commencing in 2021, Oroco conducted a drill program (Phase 1) at Santo Tomas, with a resulting total of 48,481 meters drilled in 76 diamond drill holes.

The drilling and subsequent resource estimates and engineering studies led to a revised MRE and an updated PEA being published and filed in August of 2024, which studies are available at the Company’s website www.orocoresourcecorp.com and by reviewing the Company profile on SEDAR+ at www.sedarplus.ca.

The Santo Tomás Project is located within 170 km of the Pacific deep-water port at Topolobampo and is serviced via highway and proximal rail (and parallel corridors of trunk grid power lines and natural gas) through the city of Los Mochis to the northern city of Choix. The property is reached, in part, by a 32 km access road originally built to service Goldcorp’s El Sauzal Mine in Chihuahua State.

Additional information about Oroco can be found on its website and by reviewing its profile on SEDAR+ at www.sedarplus.ca.

For more information, please contact:

Craig Dalziel, Chairman
Oroco Resource Corp. 
Tel: 604-688-6200 
Email: info@orocoresourcecorp.com 
www.orocoresourcecorp.com

Neither TSXV nor its Regulation Services Provider (as that term is defined in policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Information

This news release includes certain “forward-looking information” and “forward-looking statements” (collectively “forward-looking statements”) within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact included herein, including, without limitation, statements relating to future events or achievements of the Company, and the use of funds from the Offering, are forward-looking statements. There is no assurance that the proceeds of the Offering will be expended as contemplated. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these matters. Oroco does not assume any obligation to update the forward-looking statements should they change, except as required by law.

Christy Fabros
Oroco Resource Corp. 
(604) 688-6200
info@orocoresourcecorp.com

FAQ

What environmental studies is ORRCF starting at Santo Tomas Project?

Oroco is initiating environmental baseline studies and community consultation process as essential steps for the project's permitting process.

When is ORRCF's Red Cloud Securities webinar scheduled for?

The webinar is scheduled for April 16th at 2:00pm EDT, titled 'Why Santo Tomas is the most buildable Copper Asset in the Americas.'

What support has ORRCF received for the Santo Tomas Project?

The company has received clear support from Mexican federal and state officials, enabling the resumption of development activities.

What are the next steps for ORRCF's Santo Tomas Project development?

The immediate focus is on environmental and social programs, which are essential for the project's permitting process.