Core Insights - Oroco Resource Corp. received a positive resolution from SEMARNAT for exploration activities on the Santo Tomas Project, allowing drilling without requiring Environmental Impact Authorization [1][2] - The project is supported by the Mexican government and is included in Plan Sinaloa, a regional development initiative [2] - Oroco holds an 85.5% interest in the Core Concessions of the Santo Tomas Project, covering 1,173 hectares, and an 80% interest in an additional 4,948 hectares, totaling 6,121 hectares [2] - The Santo Tomas Project has significant copper porphyry mineralization, with over 30,000 meters drilled from 1968 to 1994 and 48,481 meters drilled in a recent program [2][3] - The project is strategically located 170 km from the Pacific deep-water port at Topolobampo, with access via highway and rail [4]
Oroco Receives Positive Resolution from Mexico’s Environment Ministry
Globenewswire·2025-08-13 11:00