Workflow
Copper Porphyry
icon
Search documents
Sego Resources Discovers Copper Porphyry Within the South Gold Zone
TMX Newsfile· 2025-12-19 15:34
Vancouver, British Columbia--(Newsfile Corp. - December 19, 2025) - Sego Resources Inc. (TSXV: SGZ) ("Sego" or "the Company") is pleased to report a new discovery on the Miner Mountain Project.Sego Resources is pleased to report that a new copper porphyry within the existing South Gold Zone target has been discovered in recent drilling. Four drill holes were drilled in the South Gold Zone, DDH25-66, DDH25-67, DDH25-68, and DDH25-69, as shown in Figure 1. Three of the drill holes in the South Gold Zone had ...
OROCO CLOSES FINAL TRANCHE OF NON-BROKERED PRIVATE PLACEMENT
Globenewswire· 2025-11-14 19:45
Core Insights - Oroco Resource Corp. has successfully closed the second tranche of its non-brokered private placement, issuing 2,500,000 units at a price of US$0.20 per unit, resulting in gross proceeds of US$500,000 [1][2] - The total gross proceeds from both tranches amount to US$2,030,999, with a total of 10,154,995 units issued [1][2] - The funds raised will support the Phase 2 drill program at the Santo Tomas Project, aimed at advancing towards a Pre-Feasibility Study [2] Company Overview - 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 7,861 hectares, totaling 9,034 hectares [3] - The Santo Tomas Project is located in northwestern Mexico and is known for significant copper porphyry mineralization, with prior exploration conducted from 1968 to 1994 [3] - The company has conducted a Phase 1 drill program since 2021, totaling 48,481 meters drilled across 76 diamond drill holes [3][4] Project Details - The Santo Tomas Project is strategically located 170 km from the Pacific deep-water port at Topolobampo, with access via highway and rail [5] - The project area is serviced by infrastructure including power lines and natural gas, enhancing its logistical advantages [5]
Kodiak Copper expands MPD project in British Columbia
Yahoo Finance· 2025-10-21 11:13
Core Insights - Kodiak has agreed to acquire a 13.1km² claim package from Eagle Plains Resources, expanding its landholdings in the MPD project to 357km² [1] - The acquisition includes the Ketch claim block, which is strategically located next to the Ketchan deposit, indicating potential for further mineralization [1][2] - The company has initiated a 2,000-sample soil geochemical program targeting historical showings and new AI targets, with completion expected in November 2025 [1] Acquisition Details - The Ketch claim package will be acquired for 300,000 shares and a 2% net smelter return royalty, with an option to buy back 1% for $1.75 million (C$2.46 million) [4] - The agreement is subject to approval by the TSX-Venture Exchange [4] Project Potential - The Ketchan deposit, which has been drilled over an area of 1,800m x 500m, is a key component of the initial mineral resource estimate for MPD [2] - The newly acquired claims will allow Kodiak to expand operations in MPD Northwest, which features 24 known mineral occurrences, including six with significant porphyry-related copper-gold mineralization [5] - The initial resource estimate for the first four mineralized zones is expected in 2025, highlighting the project's potential [5][6] Strategic Vision - Kodiak's strategy to consolidate the MPD district over the past seven years has been crucial in generating the critical mass needed for the project [3] - The acquisition of the Ketch claim package is viewed as a logical next step to potentially extend the Ketchan deposit [4]
Oroco Receives Positive Resolution from Mexico’s Environment Ministry
Globenewswire· 2025-08-13 11:00
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 Deepens its ESG Commitments to the Santo Tomás Region
Globenewswire· 2025-07-31 11:00
Core Viewpoint - Oroco Resource Corp. has signed a cooperation agreement with Sembrando Vida, a Mexican government program, to enhance environmental conservation and community development in Choix, Sinaloa, where the Santo Tomás Project is located [1][2]. Group 1: Partnership Details - The collaboration aims to restore degraded land, promote sustainable agriculture, and contribute to regional ecological regeneration [2]. - Oroco will provide material, logistical, and advisory support for local initiatives, including native tree planting and training for program participants [4]. Group 2: About Sembrando Vida - Sembrando Vida is a federally funded program that supports smallholder farmers through agroforestry systems, reforestation, and rural development, helping thousands of communities across Mexico [3][5]. - The program has over 450,000 participants nationwide, focusing on ecological restoration and poverty reduction [5]. Group 3: Santo Tomás Project Overview - 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 [6]. - The project is located near significant copper porphyry mineralization, with extensive prior exploration conducted from 1968 to 1994 [6][7]. - A recent drilling program commenced in 2021, totaling 48,481 meters drilled in 76 diamond drill holes [6]. Group 4: Strategic Alignment - The partnership with Sembrando Vida reflects Oroco's commitment to sustainable development and aligns with its broader ESG strategy as it progresses with technical studies at Santo Tomás [4][5].
OROCO CANCELS PRIVATE PLACEMENT
Globenewswire· 2025-07-03 11:00
Group 1 - Oroco Resource Corp. has cancelled a previously announced non-brokered private placement of $1,500,000 [1] - The company 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 7,861 hectares, totaling 9,034 hectares [2] - The Santo Tomas Project is located near significant infrastructure, including a deep-water port and access roads, enhancing its logistical advantages [4] Group 2 - The Santo Tomas Project has a history of exploration from 1968 to 1994, with over 100 drill holes totaling approximately 30,000 meters [2] - A recent drill program conducted by Oroco in 2021 resulted in 48,481 meters drilled across 76 diamond drill holes [2] - An updated Mineral Resource Estimate (MRE) and Preliminary Economic Assessment (PEA) were published in August 2024, reflecting the latest findings from the project [3]
OROCO ANNOUNCES PRIVATE PLACEMENT
Globenewswire· 2025-06-17 11:00
Core Points - Oroco Resource Corp. announced a non-brokered private placement of up to 5,000,000 units at a price of C$0.30 per unit, aiming for gross proceeds of up to C$1,500,000 [1][2] - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of one common share at C$0.45 within 36 months [2] - Proceeds from the offering will be used for the advancement of the Santo Tomás Project in Mexico, as well as for working capital and general corporate purposes [3] Regulatory and Compliance - The closing of the offering is subject to necessary regulatory approvals, including from the TSX Venture Exchange [4] - Securities issued will be subject to a hold period of four months plus one day following the issue date [4] - The securities have not been registered under the U.S. Securities Act and cannot be offered or sold in the U.S. without compliance [5] Company Overview - 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 [6] - The project is located in northwestern Mexico and has significant copper porphyry mineralization, with over 100 drill holes tested between 1968 and 1994 [6] - A drill program initiated in 2021 resulted in 48,481 meters drilled across 76 diamond drill holes [6][7] Project Details - The Santo Tomás Project is situated 170 km from the Pacific deep-water port at Topolobampo and is accessible via highway and rail [8] - The property includes a 32 km access road originally built for Goldcorp's El Sauzal Mine [8]
OROCO FILES SHELF PROSPECTUS
Globenewswire· 2025-04-28 23:50
Core Points - Oroco Resource Corp. has filed and received a receipt for a final short form base shelf prospectus allowing the distribution of up to C$75,000,000 in various securities over a 25-month period [2][3] - The prospectus aims to provide the company with flexibility to capitalize on financing opportunities and favorable market conditions [3] - The company 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 7,861 hectares, totaling 9,034 hectares [6][7] - The Santo Tomas Project is located near infrastructure such as highways and rail, approximately 170 km from the Pacific deep-water port at Topolobampo [8]