Advancing Santo Tomás
A Buildable Asset In Development
A Buildable Asset In Development
Oroco Resource Corp., founded in 2006, is a Canadian mineral exploration company with a history of and expertise in developing resource projects in Mexico. Oroco's focus is the development of the Santo Tomas Project in northwest Mexico, situated within the Laramide Copper Belt, one of the most prominent copper districts in the world. Santo Tomas combines scale, infrastructure, and a defined development pathway, supported by a Preliminary Economic Assessment (PEA) and an active Phase 2 drill program advancing the project toward a Pre-Feasibility Study (PFS).
Santo Tomas represents a rare development asset with the technical foundation and economic strength required to support a positive production decision.
Santo Tomas Project Highlights
These historical resource estimate models are based upon historical resource estimates prepared by John Thornton in 2011. While, in the opinion of Dane A. Bridge, author of the revised NI 43-101 standard technical report, Geology, Mineralization and Exploration of the Santo Tomas Cu-(Mo-Au-Ag) Porphyry Deposit, Sinaloa, Mexico dated April 21, 2020 (the “Report”), reliable estimation practices were used, in order to upgrade or verify the historical estimations, resampling and assay of historical drill samples, twinning of historical drill holes, and a new program of regularly spaced drilling is required. No qualified person has undertaken sufficient work to classify the current mineral resources or mineral reserves upon which these models are based and the Company is not treating the estimates as current estimates of the mineral resources. The Company gives no assurance that either these models or the historical resource estimates upon which they are based are accurate, and does not undertake any obligation to update the models or to release publicly any update or revisions of the resource estimates except as required by applicable securities law. The reader is cautioned not to rely upon these models or the historical resource estimates upon which they are based.
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