Oroco Engages Whittle Consulting Ltd.

Core Insights - Oroco Resource Corp. has engaged Whittle Consulting Ltd. to conduct a Strategic Option Study for its Santo Tomás porphyry copper project in northwestern Mexico [1][2] Strategic Option Study Overview - The study aims to evaluate innovative operating strategies and technologies to enhance the project's value, utilizing Whittle's "Integrated Strategic Planning" methodology [2] - Key focus areas include refining pit size, stripping ratios, and cut-off grades to provide guidance for the upcoming Pre-Feasibility Study (PFS) [3] Data and Expertise - The study will utilize the existing Mineral Resource Estimate from Oroco's Q3 2024 Preliminary Economic Assessment (PEA) without requiring additional data collection [4] - Whittle's expertise includes over 120 Enterprise Optimization studies, leveraging its proprietary "Prober-F" software for project economics improvement [4][5] Payment Structure - Whittle will receive 60% of its consulting fee in Oroco common shares, to be issued during the company's next equity financing expected in 2025, subject to TSX Venture Exchange approval [6] About Oroco - Oroco holds an 85.5% interest in the Core Concessions of the Santo Tomás Project, covering 1,173 hectares, and an 80% interest in an additional 7,861 hectares, totaling 9,034 hectares [7] - The project is located within 170 km of the Pacific deep-water port at Topolobampo, with access via highway and rail [9][10]