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OROCO RESOURCE CORP ORD - ORRCF STOCK NEWS

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OROCO Resource Corp ORD (ORRCF) is a mineral exploration company focused on the acquisition and development of mineral resource properties in Mexico. The company's primary focus is the Santo Tomas porphyry copper-gold project, which has significant exploration potential and is located in a prolific mining district. OROCO is committed to responsible mining practices and community engagement, working towards sustainable development in the region. With a strong management team and strategic partnerships in place, OROCO is well-positioned for future growth and success in the mining industry.

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Oroco Resource Corp. (TSXV: OCO; OTCQB: ORRCF, BF: OR6) has announced the filing of a Preliminary Economic Assessment (PEA) technical report for its Santo Tomas Project in Sinaloa, Mexico, prepared in accordance with National Instrument 43-101. The Report is available on the Company’s website and on SEDAR.
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Oroco Resource Corp. (TSX-V: OCO, OTC: ORRCF) has closed a non-brokered private placement, raising $2,691,940 through the sale of 6,729,850 units at $0.40 per unit. The financing will be used for working capital, corporate overhead, and exploration and development activities.
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Oroco Resource Corporation (TSXV: OCO; OTCQB: ORRCF, BF: OR6) announces a non-brokered private placement to raise up to $2,500,000 through the issuance of 6,250,000 units at $0.40 per unit. The net proceeds will be used for working capital to advance the Santo Tomas project and for general corporate purposes.
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Oroco Resource Corp. has closed a fully subscribed non-brokered private placement, raising $1,750,000 through the sale of 2,692,308 units at a price of $0.65 per unit. Each unit consists of one share and one share purchase warrant. The financing will be used for exploration and development activities, working capital, and corporate overhead.
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Oroco Resource Corp. announces a mineral resource estimate for its Santo Tomas Porphyry Copper Project in Mexico. The estimate confirms a substantial resource with potential for expansion and low-cost mining operation. Highlights include 487.3 million tonnes of indicated sulphide resources with 0.36% equivalent copper, and 599.9 million tonnes of inferred sulphide resources with 0.36% equivalent copper. The resource contains significant amounts of copper, molybdenum, gold, and silver. Further exploration and drilling will be needed to define additional mineral resources.
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Oroco Resource Corp. (OTC: ORRCF) announced a correction to the assay results from drill hole N044 at its Santo Tomas property, caused by a data transfer error from a third-party firm. The corrected results indicate a decrease in the copper equivalent (CuEq) from 0.93% to 0.46%. Despite this correction, CEO Richard Lock reaffirmed that drill hole N044 remains the best of the 2021-2023 Santo Tomas drill program and does not diminish the overall enthusiasm for recent drilling results. The company's total drilling program has covered 48,481 meters across 76 holes. The Santo Tomas Project is located in Mexico and covers approximately 23,048 acres.

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Oroco Resource Corp. (OTC: ORRCF) has issued a correction regarding drill hole N044 results from its Santo Tomas project, following a data transfer error. The corrected copper equivalent percentage (CuEq) from N044 is now 0.46%, down from the previously reported 0.93%. The drill program spanned 2021-2023, totaling 48,481 meters over 76 holes. Despite the correction, CEO Richard Lock emphasized that N044 remains the best drill hole in the program, aligning with prior results. The company holds substantial mineral rights in the Santo Tomas area, which is known for its copper porphyry deposits. This news does not affect previous announcements regarding the project.

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Oroco Resource Corp. (OTC: ORRCF) announced significant assay results from drill holes N044 and N045, totaling 1,553 m of drilling at its Santo Tomas property in Mexico. Notably, N044 returned 352.5 m of 0.93% copper equivalent (CuEq), marking it as the best hole drilled to date. N045 yielded 329.8 m of 0.50% CuEq, demonstrating continuity of mineralization depth. The North Zone drilling program now has 47 diamond drill holes completed. The company plans a Preliminary Economic Assessment (PEA). The drilling results indicate strong potential for resource expansion, particularly in the southern segment of the North Zone. Historical exploration has already established significant mineral resources at the site.

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FAQ

What is the current stock price of OROCO RESOURCE ORD (ORRCF)?

The current stock price of OROCO RESOURCE ORD (ORRCF) is $0.26 as of January 10, 2025.

What is the market cap of OROCO RESOURCE ORD (ORRCF)?

The market cap of OROCO RESOURCE ORD (ORRCF) is approximately 50.6M.

What is OROCO Resource Corp ORD (ORRCF) focused on?

OROCO is a mineral exploration company focused on acquiring and developing mineral resource properties in Mexico.

What is the primary project of OROCO Resource Corp ORD (ORRCF)?

The company's primary focus is the Santo Tomas porphyry copper-gold project, located in a prolific mining district in Mexico.

What are OROCO Resource Corp ORD (ORRCF)'s goals regarding sustainable development?

OROCO is committed to responsible mining practices and community engagement, working towards sustainable development in the region.

Does OROCO Resource Corp ORD (ORRCF) have a strong management team?

Yes, OROCO has a strong management team in place to drive the company's growth and success in the mining industry.

What strategic partnerships does OROCO Resource Corp ORD (ORRCF) have?

OROCO has strategic partnerships in place to support its exploration and development efforts, enhancing its market position.

What sets OROCO Resource Corp ORD (ORRCF) apart in the mining industry?

OROCO's focus on responsible mining practices, community engagement, and sustainable development sets it apart in the mining industry.

What is the exploration potential of OROCO Resource Corp ORD (ORRCF)'s Santo Tomas project?

The Santo Tomas project has significant exploration potential, offering opportunities for further resource discovery and development.

How does OROCO Resource Corp ORD (ORRCF) contribute to the local community?

OROCO engages with the local community to ensure positive social and economic impacts from its mining operations.

What is the outlook for OROCO Resource Corp ORD (ORRCF) in the future?

With its strong project portfolio, management team, and strategic partnerships, OROCO is well-positioned for future growth and success in the mining industry.

How can investors stay informed about OROCO Resource Corp ORD (ORRCF)'s latest updates?

Investors can stay informed about OROCO's latest news and developments by following the company's announcements and reports.
OROCO RESOURCE CORP ORD

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50.62M
223.64M
8.07%
0.01%
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