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Oroco Resource Corp. Announces Live Shareholder Town Hall
Globenewswire· 2025-09-23 11:00
Core Insights - Oroco Resource Corp. is hosting a live virtual Town Hall to update stakeholders on the Santo Tomás Copper Project, focusing on management, permitting progress, community engagement, and next steps [1][2] Project Overview - The company 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 4,948 hectares, totaling 6,121 hectares [3] - The project is located in northwestern Mexico, near the Jinchuan Group's Bahuerachi Project, approximately 14 km away, and has significant copper porphyry mineralization identified through prior exploration from 1968 to 1994 [3] - Oroco's Phase 1 drill program commenced in 2021, resulting in 48,481 meters drilled across 76 diamond drill holes [3] Recent Developments - A revised Mineral Resource Estimate (MRE) and updated Preliminary Economic Assessment (PEA) were published in August 2024, available on the company's website and SEDAR+ [4] - The project is strategically located 170 km from the Pacific deep-water port at Topolobampo, with access via highway and rail, and a 32 km access road originally built for Goldcorp's El Sauzal Mine [5]