Welcome to our dedicated page for Oroco Resource news (Ticker: ORRCF), a resource for investors and traders seeking the latest updates and insights on Oroco Resource stock.
Oroco Resource Corp. reports developments tied to advancing the Santo Tomás porphyry copper project in northwestern Mexico. Company news commonly covers diamond drilling, mineral-resource classification work, Pre-Feasibility Study programs, baseline environmental and permitting work, and project infrastructure context, including access to port, highway, rail, power and natural gas corridors.
Oroco updates also include capital-structure actions, financing proceeds directed toward project work and general working capital, shareholder and securities matters, and governance changes affecting senior leadership and board oversight.
Oroco Resource (OTCQB: ORRCF) appointed Charles Cryer as Chief Executive Officer and Director, effective June 16, 2026. He brings over 30 years of global capital markets and natural resources experience plus an engineering background to lead the Santo Tomás copper project.
According to Oroco, Cryer received a three-year option on up to 900,000 shares at $0.65, vesting in five equal quarterly instalments starting June 16, 2026, subject to TSX Venture Exchange acceptance.
Oroco Resource (OTCQB: ORRCF) has mobilized a second diamond drill rig to the Santo Tomás South Zone on April 22, 2026 to accelerate its Phase 2 drilling program. Six holes are complete, two more are in progress, and core from holes STPH2-22 and STPH2-23 has been submitted for assay.
The Phase 2 program targets infill and confirmation drilling to support an updated Mineral Resource Estimate (MRE) and a Pre-Feasibility Study (PFS), alongside hydrogeological, geotechnical, and metallurgical workstreams needed for study inputs.
Oroco Resource Corp (OTC: ORRCF) announced that Chief Executive Officer and director Richard Lock will resign for personal reasons, effective April 30, 2026. The Board thanked Mr. Lock for his service and formed a committee to search for a new CEO.
The company said it will continue work to complete its Pre-Feasibility Study under Board and senior management with on-site technical teams and industry consultants, and will provide updates on the CEO search in due course.
Oroco Resource Corp (OTCQB: ORRCF) mobilized a diamond drill rig to the Santo Tomás South Zone and commenced Phase 2 drilling on Feb 24, 2026 to support resource-classification upgrades.
Initial work prioritizes infill and confirmation drilling to refine the geological and grade model. In parallel, Oroco will advance Pre-Feasibility Study programs covering hydrogeological, geotechnical and metallurgical testing to reduce technical risk and support future mine planning.
Oroco Resource Corp (OTC: ORRCF) granted 7,050,000 incentive stock options to 25 recipients at an exercise price of $0.85 and a 3‑year term, pending TSX Venture Exchange approval. 3,425,000 options went to officers/directors/senior management. All options vest in four installments; 14,185,000 options are now outstanding (4.4% of shares).
Chairman Craig Dalziel tied the grant to a recent financing and the start of a Phase 2 Santo Tomas drill program and ongoing work toward a Pre‑Feasibility Study.
Oroco Resource (OTCQB: ORRCF, TSXV: OCO) invites investors to meet at Booth #927 at the Vancouver Resource Investment Conference (VRIC) on January 25–26, 2026 at Vancouver Convention Centre West.
The company will discuss progress on the Santo Tomas porphyry copper project in Northwest Mexico. VRIC features over 120 speakers, a marketplace of more than 300 investment opportunities, and attendance of over 5,000 industry professionals, offering networking and sector insights. Contact investor relations for meeting requests.
Oroco Resource (OTCQB: ORRCF) closed an upsized bought deal financing of 60,526,340 units at C$0.38 per unit for aggregate gross proceeds of approximately C$23 million, including full exercise of the over-allotment option, led by Canaccord Genuity and Red Cloud.
Each unit includes one common share and one-half warrant; each whole warrant is exercisable at C$0.53 until Jan 15, 2029. Net proceeds are to fund pre-feasibility drilling at Santo Tomás, baseline environmental and permitting work, and working capital. Warrants are expected to begin trading as OCO.WT on the TSXV on Jan 15, 2026, subject to TSXV approval.
Oroco Resource Corp (OTCQB: ORRCF) filed a prospectus supplement dated January 9, 2026 to qualify a bought-deal public offering of 52,631,600 Units at C$0.38 per Unit for approximate gross proceeds of C$20.0 million. Each Unit includes one common share and one-half warrant; each whole warrant is exercisable to acquire one common share at C$0.53 for 36 months from closing.
The offering is led by a syndicate of underwriters headed by Canaccord Genuity and includes an option to purchase up to an additional 7,894,740 Units exercisable up to 30 days after closing. Closing is expected on or about January 14, 2026 and is subject to regulatory approval, including TSX Venture Exchange. The Prospectus is available on SEDAR+.
Oroco Resource Corp (OTC: ORRCF) closed the second tranche of a non-brokered private placement on Nov 14, 2025, issuing 2,500,000 units at US$0.20 for gross proceeds of US$500,000. Each unit includes one common share and one-half warrant; whole warrants exercise at US$0.30 for 24 months.
Together with the first tranche, the company issued an aggregate of 10,154,995 units for total gross proceeds of US$2,030,999. Proceeds will fund the planned Phase 2 drill program at Santo Tomas toward a Pre-Feasibility Study and for general corporate purposes. Offerings are subject to TSX Venture Exchange final acceptance and a hold period expiring March 14, 2026.
Oroco Resource Corp. (OTCQB: ORRCF) has appointed Faysal Rodriguez to its Board of Directors. Rodriguez, currently Senior Vice President, Mexico at Torex Gold Resources, brings over 25 years of mining industry experience to Oroco.
Rodriguez's expertise includes successful leadership at the El Limón-Guajes and Media Luna gold mines, where he achieved record safety and production results. His background spans operations across Mexico, Honduras, Peru, and Chile with major mining companies including Goldcorp, Glamis Gold, and Agnico Eagle.
Notably, Rodriguez's connection to the region as a native of Choix, Sinaloa, combined with his experience in mine development, operations, and community relations, positions him strategically to support Oroco's advancement of the Santo Tomás copper project.