Pre-Tax NPV of US$2.3 Billion, After-Tax NPV of US$1.2 Billion Pre-Tax IRR of 23.0% After-Tax IRR of 17.3% Average annual copper production of 292 M lb per year over first 5 years of full production VANCOUVER, British Columbia, Oct. 17, 2023 -- Oroco Resource Corp.. is pleased to announce a Preliminary Economic Assessment and updated Mineral [...]
In this segment of The Ellis Martin Report we catch up with co-founder Adam Smith of Oroco Resource Corp. as he travels the through Europe meeting with investors and those interested in the company's over 8 billion pound Santo Tomas Copper Project in Mexico. The case for copper continues to build on the ground and in the press as the global rush to [...]
In this segment of The Ellis Martin Report, Adam Smith of Oroco Resource Corp. reviews the broad forecast for the coming copper crunch as copper remains and will always be the means of electricity transmission in a world refocusing on clean energy and retrofitting the grid. Along with mandates for conversion to EVs from ICE automobiles etc. Mr [...]
Oroco Resource Corp. is pleased to announce that it has closed a fully subscribed non-brokered private placement raising gross proceeds of $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. Each share purchase warrant entitles the holder to purchase one share [...]
Oroco Resource Corp. is pleased to announce that it has filed a report titled Santo Tomas Project NI 43-101 Technical Report Mineral Resource Estimate" prepared in accordance with National Instrument 43-101 - Standards of Disclosure of Mineral Projects . The Report is in support of the mineral resource estimate for Oroco's Santo Tomas Project in [...]
Oroco Resource Corp. announces the assay results from drill holes N046 and N047 of its North Zone drilling program at its Santo Tomas property located in northwestern Mexico . These holes constitute the final drill holes of Oroco's 2021-2023 program. To view an interactive 3D model that includes today's results, please use the following link [...]
Oroco Resource Corp. is pleased to announce a mineral resource estimate for its Santo Tomas Porphyry Copper Project in Sinaloa State, Mexico prepared by SRK Consulting , Inc. of Denver, Colorado. Commenting on the MRE, CEO Richard Lock stated: "This mineral resource estimate represents a key milestone for the Company and the culmination of [...]
Oroco Resource Corp. announces a correction to the assay results from drill hole N044 of its North Zone drilling program at its Santo Tomas property announced on April 20, 2023. A data transfer error occurred in the transfer from one system to another in the calculations conducted by a third-party consulting firm . CORRECTED HOLE N044 DRILL RESULT [...]
Oroco Resource Corp. announces a correction to the assay results from drill hole N044 of its North Zone drilling program at its Santo Tomas property announced on April 20, 2023. A data transfer error occurred in the transfer from one system to another in the calculations conducted by a third-party consulting firm . CORRECTED HOLE N044 DRILL RESULT [...]
Oroco Resource Corp. announces the assay results from drill holes N044 and N045 of its North Zone drilling program at its Santo Tomas property located in northwestern Mexico and the North Zone cross-sections, attached). To view an interactive 3D model that includes the results announced today, please use the following link: https://vrify.com or [...]
Oroco Resource Corp. is pleased to announce the grant of 450,000 incentive stock options to Richard Lock, CEO and Director of the. Company The Options are exercisable at the price of $1.10 per share for a term of 3 years, expiring on April 3, 2026, with 150,000 Options vesting immediately and a further 150,000 Options vesting on each of July 3 [...]
Oroco Resource Corp. announces the assay results from drill holes S019 through S021 of its South Zone drilling program at its Santo Tomas property located in northwestern Mexico and the South Zone cross-sections, attached). To view an interactive 3D model that includes the South Zone results announced today, please use the following link [...]