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ADVANCING THE SANTO TOMÁS PROJECT

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Oroco Resource Corp (TSX-V: OCO, OTC: ORRCF) has made significant progress in advancing its Santo Tomás Copper Project in Choix, Sinaloa, Mexico. Chairman Craig Dalziel and senior management recently met with Dr. Luis Rosendo Gutiérrez Romano, Undersecretary of the Mexican Economy, along with other federal and state officials in Mexico City.

The meetings, initiated by Congressional Deputy Mario Zamora, established clear dialogue with Mexico's senior economic and mine development decision makers. Government officials acknowledged the project's potential for responsible development, investment, and long-term economic growth, particularly highlighting its contribution to the regional economy.

Oroco Resource Corp (TSX-V: OCO, OTC: ORRCF) ha fatto significativi progressi nel portare avanti il suo Progetto Copper Santo Tomás a Choix, Sinaloa, Messico. Il presidente Craig Dalziel e la direzione senior hanno recentemente incontrato il Dr. Luis Rosendo Gutiérrez Romano, Sottosegretario dell'Economia messicana, insieme ad altri funzionari federali e statali a Città del Messico.

Gli incontri, avviati dal Deputato congressuale Mario Zamora, hanno stabilito un chiaro dialogo con i principali decisori economici e di sviluppo minerario del Messico. I funzionari governativi hanno riconosciuto il potenziale del progetto per uno sviluppo responsabile, investimenti e crescita economica a lungo termine, evidenziando in particolare il suo contributo all'economia regionale.

Oroco Resource Corp (TSX-V: OCO, OTC: ORRCF) ha realizado avances significativos en su Proyecto de Cobre Santo Tomás en Choix, Sinaloa, México. El presidente Craig Dalziel y la alta dirección se reunieron recientemente con el Dr. Luis Rosendo Gutiérrez Romano, Subsecretario de Economía de México, junto con otros funcionarios federales y estatales en la Ciudad de México.

Las reuniones, iniciadas por el Diputado Mario Zamora, establecieron un diálogo claro con los principales tomadores de decisiones económicas y de desarrollo minero de México. Los funcionarios gubernamentales reconocieron el potencial del proyecto para un desarrollo responsable, inversión y crecimiento económico a largo plazo, destacando especialmente su contribución a la economía regional.

Oroco Resource Corp (TSX-V: OCO, OTC: ORRCF)는 멕시코 시날로아 주 초익에 있는 산토 토마스 구리 프로젝트를 추진하는 데 있어 중요한 진전을 이루었습니다. 회장 크레이그 달지엘과 고위 경영진은 최근 멕시코 시티에서 루이스 로센도 구티에레즈 로마노 박사, 멕시코 경제부 차관, 및 기타 연방 및 주 정부 관계자들과 만났습니다.

이 회의는 마리오 사모라 국회의원이 주도하여 멕시코의 주요 경제 및 광업 개발 결정권자들과 명확한 대화를 설정했습니다. 정부 관계자들은 이 프로젝트가 책임 있는 개발, 투자 및 장기 경제 성장에 대한 잠재력을 인정하며, 특히 지역 경제에 대한 기여를 강조했습니다.

Oroco Resource Corp (TSX-V: OCO, OTC: ORRCF) a réalisé des progrès significatifs dans l'avancement de son projet de cuivre Santo Tomás à Choix, Sinaloa, au Mexique. Le président Craig Dalziel et la direction senior ont récemment rencontré le Dr. Luis Rosendo Gutiérrez Romano, sous-secrétaire à l'Économie mexicaine, ainsi que d'autres responsables fédéraux et étatiques à Mexico.

Les réunions, initiées par le député Mario Zamora, ont établi un dialogue clair avec les principaux décideurs économiques et de développement minier du Mexique. Les responsables gouvernementaux ont reconnu le potentiel du projet pour un développement responsable, des investissements et une croissance économique à long terme, soulignant en particulier sa contribution à l'économie régionale.

Oroco Resource Corp (TSX-V: OCO, OTC: ORRCF) hat bedeutende Fortschritte bei der Weiterentwicklung seines Santo Tomás Kupferprojekts in Choix, Sinaloa, Mexiko, gemacht. Vorsitzender Craig Dalziel und das obere Management haben sich kürzlich mit Dr. Luis Rosendo Gutiérrez Romano, dem Unterstaatssekretär der mexikanischen Wirtschaft, sowie anderen Bundes- und Landesbeamten in Mexiko-Stadt getroffen.

Die von dem Kongressabgeordneten Mario Zamora initiierten Treffen haben einen klaren Dialog mit den wichtigsten Entscheidungsträgern in der mexikanischen Wirtschaft und im Bergbau entwickelt. Regierungsbeamte haben das Potenzial des Projekts für verantwortungsvolle Entwicklung, Investitionen und langfristiges Wirtschaftswachstum anerkannt und insbesondere seinen Beitrag zur regionalen Wirtschaft hervorgehoben.

Positive
  • Secured high-level government support for project advancement
  • Established direct communication channel with key Mexican economic and mining officials
  • Recognition of project's economic potential by federal authorities
Negative
  • None.

VANCOUVER, Canada, March 26, 2025 (GLOBE NEWSWIRE) -- Oroco Resource Corp. (TSX-V: OCO, OTC: ORRCF) (“Oroco” or the “Company”). This week in Mexico City, Craig Dalziel, OCO's Chairman, and other members of Oroco’s Senior Management Team met with Dr. Luis Rosendo Gutiérrez Romano, Undersecretary of the Mexican Economy, and other senior federal and state government officials to discuss the continued advancement of the Santo Tomás Copper Project in Choix, Sinaloa.

The Mexican government officials recognized the project's potential for responsible development, investment, and long-term economic growth and confirmed the potential contribution of the Santo Tomás Project to the future of its regional economy.

“These meetings, of both an executive and technical nature, have exceeded all our expectations regarding the support of the Mexican Federal Government for the advancement of the Santo Tomás Project.  Initiated by Congressional Deputy, Mario Zamora, these meetings have led to the establishment of a clear dialogue with Mexico’s senior economic and mine development decision makers. We could not be more pleased with the result of these meetings,” stated Mr. Dalziel.

Read the official statement recorded in the state gazette from the Office of Mario Zamora here: Government of the State of Sinaloa and can be viewed as translated on the Oroco blog here: www.orocoresourcecorp.com

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 progress has Oroco Resource Corp (ORRCF) made with the Santo Tomás Copper Project in Mexico?

Oroco's management met with Mexican government officials, including the Undersecretary of Economy, securing support for the project's advancement in Choix, Sinaloa.

Who initiated the government meetings for Oroco's (ORRCF) Santo Tomás Project?

Congressional Deputy Mario Zamora initiated the meetings between Oroco management and Mexican federal and state officials.

What did Mexican officials say about Oroco's (ORRCF) Santo Tomás Project?

Officials recognized the project's potential for responsible development, investment, and long-term economic growth, particularly for the regional economy.

What was the outcome of Oroco's (ORRCF) meetings with Mexican government officials?

The meetings established clear dialogue with Mexico's senior economic and mine development decision makers, exceeding company expectations for government support.
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