Core Insights - Oroco Resource Corp. has entered into an agreement to acquire a 100% interest in the Vainilla Mineral Concession in northern Sinaloa, Mexico, through its subsidiary Minera Xochipala [1][3] - The Vainilla Concession covers approximately 2,974 hectares and is located within a porphyry copper belt, offering immediate exploration opportunities for copper and associated metals [2][4] - The acquisition is seen as a strategic move to enhance Oroco's control over the Santo Tomás porphyry copper district, aligning with the company's operational objectives and supported by government initiatives [3][4] Geological Overview - The Vainilla Concession is strategically positioned along the southern extension of the Santo Tomás porphyry copper trend, which includes various mineralized zones indicative of a concealed porphyry system [4] - The geological setting features intense surface alteration, suggesting potential for significant mineralization related to porphyry systems [4] Exploration Plans - Oroco plans to initiate a staged exploration program that includes 2D IP survey lines, geological mapping, and short hole scout drilling targeting breccia, skarn, and porphyry targets [6] Financial Terms of the Agreement - The option agreement includes an initial payment of US$75,000 and 100,000 common shares, with semi-annual payments of US$25,000 and 100,000 shares [7] - The option will be exercised upon a payment of US$500,000 and the issuance of 2,000,000 shares, with a 1.5% Net Smelter Returns royalty granted to third parties [7] Company Background - Oroco holds an 85.5% interest in the Core Concessions of the Santo Tomás Project, which spans a total area of 6,121 hectares [8] - The project has significant copper porphyry mineralization, with extensive prior exploration and a recent drill program conducted by the company [8][9]

Core Viewpoint - Hercules Metals Corp. is making significant progress in its 2025 drilling campaign at the Hercules Property in Idaho, particularly at the Leviathan porphyry copper discovery, with ongoing validation of a new geological model and potential for substantial system expansion [2][5]. Group 1: Drilling Campaign Progress - The company has completed seven drill holes and has five more in progress, totaling over 5,500 meters drilled this season [2]. - The drilling campaign aims to validate a new 3D geological model, which has led to an increase in drilling rigs from three to five [2][5]. - The first completed drill hole of the season, HER-25-02, has shown potential for both main stage porphyry mineralization and hypogene enrichment extending northeast into the Grade Creek Zone [4][8]. Group 2: Geological Insights - The campaign is focused on defining grade and width along an initial 1.3-kilometer strike length, with systematic drill fences testing both main stage mineralization and higher-grade enrichment zones [4]. - Surface mapping and preliminary geophysics suggest that the Leviathan's potential strike length could extend upwards of 3.5 kilometers [4]. - Soil and rock chip sampling above the northeastern extension of the chargeability anomaly indicates elevated copper and molybdenum values, supporting the potential for a large northeast extension [4]. Group 3: Future Expectations - Core samples from several completed holes have been sent for assaying, with results expected in the next 6-8 weeks [5]. - The company is optimistic about the potential for significant expansion of the mineralization system in both directions while better defining the known strike [5]. - The new MT conductivity anomaly indicates potential for a major southern extension of the Leviathan Porphyry system, with drill hole HER-25-06 targeting the center of this anomaly [8][20].