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. (OTCQB: ORRCF; TSX-V: OCO) generates news primarily through its work on the Santo Tomás copper project in northwestern Mexico and related corporate and financing activities. This news page aggregates company announcements so readers can follow how Oroco advances its mineral projects and manages its capital structure over time.
Company releases describe ongoing technical work at Santo Tomás, including historical and recent drilling, resource estimates, and engineering studies that led to a revised Mineral Resource Estimate and an updated Preliminary Economic Assessment filed in August 2024. Oroco also reports on strategic studies, such as its engagement of Whittle Consulting Ltd. to conduct a Strategic Option Study intended to guide mine planning and pre-feasibility work.
In addition to project updates, Oroco’s news flow includes information on financings, such as non-brokered private placements and a bought deal public offering of units composed of common shares and common share purchase warrants. These announcements outline the structure of the offerings, use of proceeds for drilling and study work at Santo Tomás, and regulatory steps like filing a base shelf prospectus and prospectus supplements.
Readers will also find corporate and governance developments, including board appointments that bring additional mining and regional experience to the company, as well as shareholder engagement events such as virtual town halls providing updates on management, permitting, community engagement, and project advancement.
By reviewing this news feed, investors and stakeholders can see how Oroco communicates progress on its copper-focused projects, responds to regulatory milestones such as environmental resolutions from SEMARNAT, and pursues district-scale exploration opportunities like the Vainilla Mineral Concession option.
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.
Oroco Resource Corp. (OTC: ORRCF) has announced a live virtual Town Hall meeting scheduled for September 24, 2025, featuring Executive Chairman Craig Dalziel and President Ian Graham. The interactive session, running from 8:00 AM to 10:00 AM PDT, will focus on updates regarding the Santo Tomás Copper Project.
The Town Hall will cover key aspects including management updates, permitting progress, community engagement initiatives, and future project development plans. Shareholders and investors will have the opportunity to participate in a live Q&A session with the company's senior leadership team.
Oroco Resource Corp. (OTCQB: ORRCF) congratulates Hudbay Minerals on securing a strategic partnership with Mitsubishi Corporation for the Copper World project. Mitsubishi will acquire a 30% stake for US$600 million, comprising US$420 million at closing and US$180 million in matching contributions within 18 months.
The transaction values the Copper World project at US$1.4 billion and validates the importance of advancing copper projects through Pre-Feasibility Study (PFS) stage. Oroco is currently progressing its Santo Tomás copper project toward PFS completion, following its August 2024 Preliminary Economic Assessment, positioning it as a significant development opportunity in the copper sector.