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Oroco Resource Corp.

TSXV:OCOLive AI agent

Oroco Resource Corp., founded in 2006, is a Canadian mineral exploration company with a history of and expertise in developing resource projects in Mexico.

Investor website: https://orocoresourcecorp.com/

About

Oroco Resource Corp., founded in 2006, is a Canadian mineral exploration company with a history of and expertise in developing resource projects in Mexico. The company focuses on the development of the Santo Tomás Project in northwest Mexico, which is located within the Laramide Copper Belt. Santo Tomás is characterized by its scale, infrastructure, and a defined development pathway, supported by a Preliminary Economic Assessment (PEA) and an active Phase 2 drill program aimed at advancing the project toward a Pre-Feasibility Study (PFS).

Verified company data

Shares outstanding
325,954,143
Fully diluted shares
382,624,000
Mineral resource
Oroco announced a revised Preliminary Economic Assessment ("PEA") and updated Mineral Resource Estimate ("MRE") for the North Zone and South Zone of its Santo Tomas Porphyry Copper Project in Sinaloa State, Mexico. The updated PEA outlines a staged open pit operation starting at 60,000 tonnes per day ("t/d") in Year 1, year 8 over a 22.6-year Life of Mine ("LOM"). The PEA has been prepared by Ausenco Engineering USA South Inc. The updated MRE and geologic model were prepared by SRK Consulting (U.S.), Inc. of Denver, Colorado and SRK Consulting (Canada) Inc., Vancouver, BC. Highlights of the revised PEA include: NPV (8%) of US$2.64 billion pre-tax and US$1.48 billion post-tax; IRR of 30.3% pre-tax and 22.2% post-tax; Total LOM payable copper production of 4,774 M lb; Pre-tax payback of 2.9 years; Initial capital costs estimated at US$1,103.5 million; Annual LOM C1 Cash Cost of US$1.54/lb Cu on by-product basis; Average CuEq grade of 0.51% over the first 7 years of production; Total mineralized material mined of 825.5 Mt.
Projects
["Santo Tomás Project Overview: Santo Tomás hosts a large, outcropping porphyry copper deposit comprised of fracture-hosted and disseminated Cu and Mo sulphides with significant Au and Ag credits. The Project lies within the Laramide Belt, a NW-SE trending copper belt extending from southwestern USA into southern Mexico that includes numerous world-class copper deposits, including the Cananea district, which hosts one of the largest copper deposits in the world. Oroco is currently advancing Santo Tomás through Phase 2 drilling, with a program focused on resource conversion, de-risking the project, and advancing toward Pre-Feasibility Study (PFS)-level work. The project is located at low elevation in the municipality of Choix adjacent to the Fuerte River, in the western Sierra Madre mountain range. The project straddles the border between the Mexican States of Sinaloa and Chihuahua. Proximal infrastructure includes the deep-water port of Topolobampo, located 160km to the south-west, connected by sealed roads, a rail line, high voltage power supply, and a high-pressure gas pipeline, all within 20km or less of Santo Tomás. The region is home to numerous mining operations and has a strong regional mining culture and highly supportive local community.","Xochipala Project: Oroco holds a 100% interest in two contiguous mineral concessions in Guerrero, Mexico; Celia Generosa and Celia Gene, totaling 193 hectares and together called the Xochipala Project. This interest was acquired in 2007 and was registered with the Mexican Public Registry of Mining in August of 2012. The Xochipala claims cover ground in the Guerrero Gold Belt sufficient to potentially generate reserves greater than 1 million ounces gold in ore bodies similar to the productive high-grade ore bodies that have been discovered in the past within the region. Oroco’s Xochipala Project is located in the southeast extreme of the original Morelos National Mining Reserve, a 47,600 ha federal mineral reserve which includes the most promising and expanding gold reserves in Mexico. The project area is well served by a network of local roads and the principal centers of population are Xochipala just one kilometre from the property boundary, and the State capital of Chilpancingo approximately 30 kilometres away by good paved road."]
Leadership
Craig J. Dalziel (Executive Chairman, 35 years of financial, investment and corporate governance experience. Previously President and Director of ATM Mining Corp.), Charlie Cryer (CEO, Effective June 16, 2026, over 30 years of global capital markets experience in natural resources and investment banking.), Ian Graham (President, over 20 years of experience in mineral deposit development and exploration with major mining companies.), Steven E. Vanry (CFO, over 25 years in public and private natural resource companies focusing on fundraising and regulatory compliance.), Stephen M. Leahy (Director, former Chairman and CEO of American Tungsten Ltd., with extensive business background.), Faysal A. Rodriguez (Director, over 25 years of mining leadership, currently Senior Vice President, Mexico at Torex Gold Resources Inc.), Robert G. Friesen (Director, extensive experience in mining operations and project development.), Ian W. Rice (Director, international entrepreneur with a focus on mining and renewable energy sectors.), David W. Rose (Corporate Secretary, practicing lawyer since 1990 with expertise in resource law and venture finance.)

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