Oroco Resource Corp. announces that, with the TSX Venture Exchange acceptance for filing of its option agreement with Altamura Copper Corp. and the Altamura shareholders, the Company is moving to the next phase of its development plan for the Santo Tomas Project. The exercise of the option granted pursuant to the Option Agreement will give the Company a controlling interest in the Santo Tomas Project. This is the final [...]
Oroco Resource Corp. is very pleased to announce the registration, in the Mexican Public Registry of Mining, of the transfer of all seven core concessions of the Santo Tomás copper porphyry project to Xochipala Gold, S.A. de C.V. XG is now the registered holder of a 100% interest in each of the seven concessions. XG is a subsidiary of Altamura Copper Corp. whose shares are subject to an irrevocable share purchase [...]
Oroco Resource Corp. is pleased to announce the results of its Special General Meeting and its Annual General Meeting held on December 19, 2019, at which the shareholders approved all items on the agenda. In particular, 100% percent of the voting disinterested shareholders approved the Company's option to acquire Altamura Copper Corp. and advance working loans to Altamura as described in the Company's news release of [...]
Oroco Resource Corp. is pleased to announce that the warrant holders from a unit offering completed on April 26, 2018 have fully exercised all 4,500,000 share purchase warrants, providing proceeds to the Company of $720,000. This addition to the Company's working capital will be used to advance Oroco's current exploration program at the Santo Tomás Project in Northwest Mexico. ABOUT OROCO: The Company holds an [...]
Oroco Resource Corp. is pleased to announce that it will hold a Special General Meeting of its shareholders at 2:00 p.m. on Thursday, December 19, 2019, at 402 – 1166 Alberni Street, Vancouver, to consider and vote on a resolution to approve the Company's option to acquire Altamura Copper Corp. and advance loans to Altamura as described in the Company's news release of October 9, 2018. The Company will also hold its [...]
Oroco Resource Corp. is pleased to announce the commencement of technical fieldwork, initially environmental baseline studies and permitting, at its Santo Tomas Project in Northwestern Mexico, followed by start-up of 3D Induced Polarization geophysical surveys and the first phase of confirmation diamond drilling. The Company currently operates community-based social and environmental programs in the area of the Project [...]
Oroco Resource Corp. is pleased to announce that it has closed the second and final tranche of the previously announced non-brokered private placement, issuing 1,000,000 units at a price of $0.45 per unit, for gross proceeds of $450,000 . Gross proceeds from the two tranches was $1,350,000. Each unit consists of one common share and one-half of one common share purchase warrant. Each whole share purchase warrant will [...]
Oroco Resource Corp. is pleased to announce the filing on SEDAR of an Independent Geological Report on the Santo Tomás concessions in Northwestern Mexico. The Report, dated August 22, 2019, has been prepared by Dane A. Bridge Consulting Inc. of Calgary, Alberta, for filing by the Company with the TSX Venture Exchange in connection with the Company's option to acquire Altamura Copper Corp. . The Report documents the [...]
Oroco Resource Corp. is pleased to announce that it has closed the first tranche of the previously announced non-brokered private placement, issuing 2,000,000 units at a price of $0.45 per unit, for gross proceeds of $900,000. Each unit consists of one common share and one-half of one common share purchase warrant. Each whole share purchase warrant will be exercisable into one additional common share for a period of 24 [...]
Oroco Resource Corp. is pleased to announce a non-brokered private placement of 3,000,000 units at a price of $0.45 per unit. Each unit will consist of one common share of the Company and one-half of one common share purchase warrant. Each whole share purchase warrant will be exercisable into one additional common share for a period of 24 months at a price of $0.70 per share. The Private Placement has been fully [...]
Oroco Resource Corp. is pleased to announce that it has entered into a Letter Agreement for the acquisition, through its wholly-owned Mexican subsidiary, Minera Xochipala, S.A. de C.V., of an 80% interest in the 766.7 ha Rossy mineral concession situated within the NE limits of Oroco's existing land assembly at Santo Tomas. The westernmost boundary of the Rossy concession lies 750 meters from the eastern boundary of the [...]
Oroco Resource Corp. is pleased to announce that it has engaged Mr. Mark Stevens, C.P.G., of Denver Colorado as a technical consultant to the Oroco team. Mr. Stevens is initially leading an independent geological review of the historical resource files pertaining to the Santo Tomas Cu- Porphyry Deposit in Sinaloa State, Mexico. Mr. Stevens will thereafter be a central participant in the planning for an updated resource [...]
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