Oroco put out a press release discussing the terms of acquisition of Altamura (which owns rights to Santo Tomas). Oroco will end up with 81% ownership of ST after spending $30M of expenditures. ST has historical studies showing 7B pounds of copper. Recent research report has shown the valuation of copper assets are 7 cents/lbs […]
VANCOUVER, Oct. 9, 2018 /CNW/ – Oroco Resource Corp. (TSX-V: OCO) (“Oroco” or the “Company”) is pleased to announce that further to its news release dated February 23, 2018, Oroco has entered into a definitive option agreement (the “Option Agreement”) with Altamura Copper Corp. (“Altamura”) and its shareholders (the “Optionors”) whereby the Optionors have granted […]
Mariusz Skonieczny: How has a small company like Oroco been able to become involved in a world-class project like Santo Tomas? Craig Dalziel: The vendor of Oroco’s Cerro Prieto project in Sonora State approached Oroco in 2009 in an attempt to secure Oroco’s assistance in recovering his ownership of Santo Tomas, which interest had been […]
