VANCOUVER, British Columbia – (April 26, 2010) Oroco Resource Corp. (TSX-V: OCO) (“Oroco” or “the Company”) is pleased to report that it has retained the services of Mr. David Drake as the Company’s chief consulting engineer. Mr. Drake will be responsible for supervising the various consulting firms engaged by the Company to advance its Cerro Prieto oxide gold Project in Sonora, Mexico towards a production decision. This includes consultants currently working on the metallurgical, engineering and environmental components of the project.
Mr. Drake, a member of the Association of Professional Engineers of the Province of British Columbia, has more than thirty years experience in the mining industry, during which time he has gained substantial and varied mining engineering experience, including as an Evaluations Engineer and then a Senior Evaluations Engineer for Teck Resources Limited (1996 to 2008), where he was involved in mine and company asset evaluations; as an independent mining consultant, where he was involved in projects for Ashanti Goldfields and TVX Hellas; as Chief Engineer for Placer Dome Inc. at its Dona Lake mine (1989 to 1993), where he was responsible for all engineering/geological functions and relief managerial functions; and for Equity Silver Mines Limited (1981 to 1989), where he was responsible for tailings dam construction, open pit supervision, and the preliminary underground feasibility with respect to the underground operations of a gold/silver/copper mine.
Craig Dalziel, Oroco’s President, states: “we are very pleased to have David Drake join the Company at this important time in its development. His many years of practical engineering and operating experience will definitely benefit Oroco as we fast track the Cerro Prieto project in Sonora, Mexico to a production decision.”
Oroco is a Canadian-based mineral exploration company with its primary focus on the accelerated development of the gold-bearing oxide zones of its Cerro Prieto project in northern Sonora State, Mexico.
The Cerro Prieto Project consists of the 100% owned, 2,723 ha, San Felix, San Francisco and Cerro Prieto concessions and 4,120 ha of the connecting Argonauta 5 Fraccion 1 concession to which the Company holds an option to purchase (see May 14, 2009 news release). During the first field season in 2008, the Company drilled 5,975 meters of core and tabled a NI 43-101 compliant resource estimate together with the results of a preliminary metallurgical study (See May 11, 2009 news release).
For further information, please contact:
Mr. Craig Dalziel, President and CEO
Oroco Resource Corp.
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