Oroco Announces Appointment Of Ken Thorsen As Senior Technical Advisor

October 17, 2017

Vancouver, British Columbia – (October 17, 2017) Oroco Resource Corp. (TSXV: OCO) (“Oroco” or “the Company”) is pleased to announce the appointment of Kenneth R. Thorsen as Senior Technical Advisor to the Company.

Mr. Thorsen has almost five decades experience in the mining industry, including 20 years with Teck Resources Ltd. At the time of his retirement from Teck in 2000, Mr. Thorsen, as President of Teck Exploration Ltd., was in charge of exploration and administration in 17 countries.

Mr. Thorsen has served as a Director of a number of junior mining companies, notably Capstone Mining Corp. and Newstrike Capital Inc. Holding a BSc in Geological Engineering and previously a P. Eng designation in Ontario and British Columbia, Mr. Thorsen was formerly Oroco’s President and Chairman.

Of the appointment of Mr. Thorsen, Oroco’s CEO Craig Dalziel said, “We are delighted to once again be able to benefit from the knowledge and experience of Ken Thorsen. Given our continued focus on exploration and development properties in Mexico, and Ken’s extensive experience and successes in Mexico with Teck in the 1990s and Capstone and Newstrike more recently, we expect that he will be a very important contributor to Oroco’s acquisition and development plans.”

For further information, please contact:

Mr. Craig Dalziel, President and CEO
Oroco Resource Corp.
Tel: 604-688-6200

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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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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