Oroco Obtains Approval For Sale Of Cerro Prieto To Goldgroup

June 24, 2013

Vancouver, British Columbia (June 24, 2013) – Oroco Resource Corp. (“Oroco”) (TSXV: OCO,  Frankfurt: OR6) is pleased to announce that the resolution to approve the indirect sale of the Cerro Prieto Project (the “Transaction”) by the Company to Goldgroup Mining Inc. (“Goldgroup”) was passed by its shareholders at the Special General Meeting of Shareholders held on June 21, 2013, with over 99% of votes cast being in favour.  Details of the transaction were announced in the Company’s news release of April 10, 2013.


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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