Things are happening at a pace not seen at Santo Tomas in decades. Oroco has assembled many well known and very successful people in their own fields to bring Santo Tomas into the public eye at the time it will be valued most.

The news today of Mr. Mark Stevens joining the technical team is just the latest example of a world class deposit attracting some of the best people able to contribute to its success.  For those familiar with the investment world this is NOT the same as a “so so” company putting Mr. Big on the board for a little traction selling whatever widget they may produce.  The names that ST has attracted have already shown great success, several coming out of a very comfortable retirement to lend their expertise to the project.

The people added in the last few months compliment a management team that has done an exemplary job of leading the company through a tangled legal battle that could not have been imagined by most that heard the story.

The latest additions lean heavily toward the technical side recognizing the work ahead will be one of optimizing a database of information gathered over the last 40 years and advancing the project to “sale ready” status

Santo Tomas is an advanced project that was previously taken to the Pre feasibility stage!  They have 106 holes (30,000 meters) completed and a calculated resource showing over a billion tons of ore containing 8 billion pounds of copper metal. Those that have added their names to the project will bring this asset to full value and with it a massive share appreciation for Oroco and its longtime loyal shareholders. They have all done it before and know what it takes to do it again!

Ian Graham, Vice-President of Exploration –  Rio Tinto, Anglo American, projects  Resolution Copper (Arizona, USA), Diavik Diamond Mine (Northwest Territories, Canada), Eagle Nickel (Michigan, USA),

Ken Thorsen, Senior Technical Advisor – 1998 became President of Teck Exploration Ltd., in charge of exploration and administration of exploration in 17 countries.

John C. Thornton, Consulting Mining Engineer – Amax Technical Services group – ore resource and mine design, operations research, and major project management services and oversight.  Chief Consulting Mining Engineer for Mintec, Inc., then the largest supplier of geological and mining software in the world. Projects  include the development of a 200,000 TPY SX-EW copper operation at Tenke Fungurume.

Charles Magolske, Vice President Corporate Development – Charles Magolske held the position of Vice President – Corporate Development & Marketing at Augusta Resource’s Rosemont Copper project until its acquisition by Hudbay in 2014 for USD $555 million.

Mr. Mark Stevens, C.P.G., Technical Consultant formerly the V.P. Exploration for Augusta Resources, whose primary asset was the world class Rosemont Copper Project in southern Arizona

July 10th, 2019
Categories: Uncategorized . Author: caliche