Oroco Resource Corp. is pleased to announce the completed mobilization of geophysics and operations personnel to the Santo Tomas property and the commencement, on September 14th, 2020, of the full 3D resistivity and induced polarization survey. The survey is targeted to cover an area of approximately 10 km2 of the Property which will encompass the mineralized South Zone, North Zone and the Brasiles Zone at Santo Tomas [...]
Oroco Resource Corp. is pleased to announce the completed mobilization of geophysics and operations personnel to the Santo Tomas property and the commencement, on September 14th, 2020, of the full 3D resistivity and induced polarization survey. The survey is targeted to cover an area of approximately 10 km2 of the Property which will encompass the mineralized South Zone, North Zone and the Brasiles Zone at Santo Tomas [...]
Oroco Resource Corp. announces the appointment of Ian W. Rice of London, England to its Board of Directors. Mr. Rice joined the Company in March of this year as its Senior Business Advisor and is a well-known international entrepreneur with a career focus on the mining and renewable energy sectors. His considerable knowledge of the capital markets has directly contributed to the success of numerous early-stage public and [...]
Oroco Resource Corp. is pleased to announce that it has closed a non-brokered private placement, initiated on June 3, 2020, by issuing 5,500,000 units at a price of $0.30 per unit, for gross proceeds of $1,650,000. 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 months from [...]
Oroco Resource is pleased to announce that its shares have been approved to trade on the OTCQB Venture Market in the United States under the symbol "ORRCF," effective immediately. In addition, the Company's shares are now eligible for electronic clearing and settlement in the United States through the Depository Trust Company. "Now that Oroco is quoted on the OTCQB and is DTC eligible, it is significantly easier for [...]
Oroco Resource Corp. announces that it has filed on SEDAR a revised Technical Report on the core concessions of the Santo Tomas Project. The Revised Report, entitled "Geology, Mineralization, and Exploration of the Santo Tomás Cu- Porphyry Deposit,", authored by D.A. Bridge, P. Geol., has been filed in response to comments from the British Columbia Securities Commission. Key revisions focused on the format and cautionary [...]
Oroco Resource Corp. announces that it intends to apply to the TSX Venture for approval to amend the term of 1,805,000 outstanding share purchase warrants by extending the Exercise Period by three months from May 3, 2020 to August 3, 2020. The Company has not applied for any change to the exercise price of $0.32 per share. ABOUT OROCO: The Company holds a net 61.4% interest in the collective 1,172.9 ha core concessions of [...]
Oroco Resource Corp. announces that as a result of a disclosure review by the British Columbia Securities Commission, the Company wishes to clarify and amend its disclosures with respect to its Santo Tomas porphyry copper project in northwest Mexico, specifically as those disclosures relate to the treatment of an historical resource as reflected in a Technical Report filed in September, 2019 and technical information [...]
Oroco Resource Corp. is pleased to announce that it has closed the first tranche of a non-brokered private placement, issuing 2,500,000 units at a price of $0.30 per unit, for gross proceeds of $750,000. 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 months from closing at a [...]
Oroco Resource Corp. is very pleased to announce the closing of the Company's acquisition of the balance of the ownership of Altamura Copper Corp. , giving the Company 100 percent ownership of Altamura and outright control of the Santo Tomás porphyry copper project in northwestern Mexico. "The Altamura acquisition completes a highly accretive process for Oroco and its shareholders," commented Craig Dalziel, the [...]
Oroco Resource Corp. is pleased to announce that, further to its February 13, 2020 news release, the board of directors of the Company has approved the exercise of the Company's option to acquire 100% ownership of Altamura Copper Corp. . The closing of the transaction will occur on March 2, 2020. In consideration for the acquisition of Altamura, the Company will issue 39,800,000 shares of the Company to Altamura [...]
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 [...]