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|Day's Range||0.4300 - 0.4500|
|52 Week Range||0.2300 - 0.7400|
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|PE Ratio (TTM)||N/A|
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VANCOUVER , Jan. 9, 2020 /CNW/ - Oroco Resource Corp. (TSX-V: OCO) ("Oroco" or "the Company") is very pleased to announce the registration, in the Mexican Public Registry of Mining, of the transfer of all seven core concessions of the Santo Tomás copper porphyry project to Xochipala Gold, S.A. de C.V. ("XG"). XG is now the registered holder of a 100% interest in each of the seven concessions. XG is a subsidiary of Altamura Copper Corp. ("Altamura"), a B.C. company whose shares are subject to an irrevocable share purchase option held by Oroco.
VANCOUVER, Oct. 29, 2019 /CNW/ - Oroco Resource Corp. (TSX-V: OCO) ("Oroco" or "the Company") is pleased to announce that the warrant holders from a unit offering completed on April 26, 2018 have fully exercised all 4,500,000 share purchase warrants, providing proceeds to the Company of $720,000. This addition to the Company's working capital will be used to advance Oroco's current exploration program at the Santo Tomás Project in Northwest Mexico. The Company holds an irrevocable option to earn up to an 81% interest in the 1,172.9 ha core concessions of the Santo Tomás Project in NW Mexico and a 77.5% interest in 7,807.9 ha of mineral concessions surrounding and adjacent to the core concessions (a total project size of 8,980.8 ha, or 22,192 acres). The Project is situated within the Santo Tomás District, which extends from Santo Tomás up to the Jinchuan Group's Bahuerachi project, approximately 14 km to the north-east. Santo Tomás hosts a significant copper porphyry deposit defined by prior exploration spanning the period from 1968 to 1994.
VANCOUVER, Oct. 23, 2019 /CNW/ - Oroco Resource Corp. (TSX-V: OCO) ("Oroco" or "the Company") is pleased to announce that it will hold a Special General Meeting of its shareholders at 2:00 p.m. on Thursday, December 19, 2019, at 402 – 1166 Alberni Street, Vancouver, B.C., to consider and vote on a resolution to approve the Company's option to acquire Altamura Copper Corp. ("Altamura") and advance loans to Altamura as described in the Company's news release of October 9, 2018. The Company will also hold its annual general meeting at that time. The Company will mail out the Information Circular and proxy materials no later than 21 days before the meeting.
VANCOUVER, Oct. 17, 2019 /CNW/ - Oroco Resource Corp. (TSX-V: OCO) ("Oroco" or "the Company") is pleased to announce the commencement of technical fieldwork, initially environmental baseline studies and permitting, at its Santo Tomas Project in Northwestern Mexico, followed by start-up of 3D Induced Polarization geophysical surveys and the first phase of confirmation diamond drilling. The Company currently operates community-based social and environmental programs in the area of the Project from its logistics and administrative base in the nearby community of Choix. The Company has supported modest public works such as water distribution, community road and infrastructure projects, and other social programs, as part of its commitment to the communities proximal to its Project operations.
VANCOUVER , Sept. 19, 2019 /CNW/ - Oroco Resource Corp. ( TSX-V: OCO ) (" Oroco " or " the Company ") is pleased to announce that it has closed the second and final tranche of the previously ...
VANCOUVER, Sept. 9, 2019 /CNW/ - Oroco Resource Corp. (TSX-V: OCO) ("Oroco" or "the Company") is pleased to announce the filing on SEDAR of an Independent Geological Report (the "Report") on the Santo Tomás concessions ("the Property") in Northwestern Mexico. The Report, dated August 22, 2019, has been prepared by Dane A. Bridge Consulting Inc. ("Bridge Consulting") of Calgary, Alberta, for filing by the Company with the TSX Venture Exchange (the "TSXV") in connection with the Company's option to acquire Altamura Copper Corp. ("Altamura").
Pursuant to the policies of the TSX Venture (the "Exchange"), all shares issued in this first tranche, and any shares issued pursuant to the exercise of the warrants, are subject to a hold period expiring December 7, 2019. Finder's fees of 19,200 warrants are being paid in connection with the Financing. Each finder's fee warrant will entitle the holder to purchase one common share of the Company for a period of 24 months from closing at a price of $0.45 per share. 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.
VANCOUVER, July 26, 2019 /CNW/ - Oroco Resource Corp. (TSXV:OCO.V - News) ("Oroco" or "the Company") is pleased to announce a non-brokered private placement (the "Private Placement") of 3,000,000 units at a price of $0.45 per unit. Each unit will consist of one common share of the Company and one-half of one common share purchase warrant. Each whole share purchase warrant will be exercisable into one additional common share for a period of 24 months at a price of $0.70 per share.
VANCOUVER, July 12, 2019 /CNW/ - Oroco Resource Corp. (TSX-V: OCO) ("Oroco" or "the Company") is pleased to announce that it has entered into a Letter Agreement for the acquisition, through its wholly-owned Mexican subsidiary, Minera Xochipala, S.A. de C.V., of an 80% interest in the 766.7 ha Rossy mineral concession situated within the NE limits of Oroco's existing land assembly at Santo Tomas. The westernmost boundary of the Rossy concession lies 750 meters from the eastern boundary of the Bob concession, which covers a significant portion of the Santo Tomas North Zone. Oroco has acquired its interest in the Rossy concession in consideration for the payment of US$125,000 over two years, the issuance by Oroco of 300,000 shares, and the grant to third parties of an aggregate 1.5% net smelter royalty. The transaction is subject to the approval of the TSX Venture Exchange.
VANCOUVER, July 9, 2019 /CNW/ - Oroco Resource Corp. (TSX-V: OCO) ("Oroco" or "the Company") is pleased to announce that it has engaged Mr. Mark Stevens, C.P.G., of Denver Colorado as a technical consultant to the Oroco team. Mr. Stevens is initially leading an independent geological review of the historical resource files pertaining to the Santo Tomas Cu-(Mo-Au-Ag) Porphyry Deposit in Sinaloa State, Mexico. Mr. Stevens will thereafter be a central participant in the planning for an updated resource estimate and additional exploration work at Santo Tomas, as part of the technical and commercial advancement of the mining project. Mr. Stevens is a highly experienced exploration, evaluation and resource geologist who was formerly the V.P. Exploration for Augusta Resources, whose primary asset was the world class Rosemont Copper Project in southern Arizona.
VANCOUVER, June 19, 2019 /CNW/ - Oroco Resource Corp. (TSX-V: OCO) ("Oroco" or "the Company") is pleased to announce that it has engaged San Diego Torrey Hills Capital, Inc. ("Torrey Hills Capital") to provide market awareness and investor relations services to the Company. Torrey Hills Capital is a leading investor and financial public relations firm specializing in small and microcap companies. Torrey Hills Capital will increase awareness of the Company through its established relationships with investment professionals, investment advisors, and money managers focused on the microcap market space.
VANCOUVER, June 11, 2019 /CNW/ - At the request of IIROC, Oroco Resource Corp. (TSX-V: OCO) ("Oroco" or "the Company") is providing the following clarifications to its news release of June 7, 2019 wherein the Company announced the receipt of the initial draft of an Independent Technical Report regarding the Geology, Mineralization, and Exploration of the Santo Tomás Cu-(Mo-Au-Ag) Porphyry Deposit in Sinaloa, Mexico ("the Technical Report"). The Company wishes to clarify certain disclosure in compliance with NI 43-101, 2.4 – Disclosure of Historical Estimates. Specifically the historical Bateman Report cited in the news release, discloses an historical estimate of 950 million tonnes above a cut-off grade of 0.20% Cu, and contains approximately 7.4 billion pounds of copper. The conclusion and results of the historical Bateman Report are no longer considered current. The Mintec, Inc. resource estimate included in the historical Bateman Report (1994) is the last publicly released mineral resource estimate, but utilized a classification scheme other than those set out in NI 43-101.
VANCOUVER, June 7, 2019 /CNW/ - Oroco Resource Corp. (TSX-V: OCO) ("Oroco" or "the Company") is pleased to announce the receipt of the initial draft of an Independent Technical Report regarding the Geology, Mineralization, and Exploration of the Santo Tomas Cu-(Mo-Au-Ag) Porphyry Deposit in Sinaloa, Mexico ("the Technical Report"). The Technical Report has been prepared by Dane A. Bridge Consulting Inc. of Calgary, Alberta, for use by the Company and by Altamura Copper Corp. ("Altamura") for filing as a Technical Report with Canadian securities authorities pursuant to National Instrument 43-101, Standards of Disclosure for Mineral Projects, per the NI 43-101F guidelines.
VANCOUVER, May 29, 2019 /CNW/ - Oroco Resource Corp. (TSX-V: OCO) ("Oroco" or "the Company") is pleased to announce that Mr. Ian Graham has been appointed as Vice-President of Exploration of the Company. Mr. Graham is an accomplished mining professional with over 20 years of experience in the development and exploration of mineral deposits, mostly gained with major mining companies Rio Tinto and Anglo American, including as Chief Geologist with the Project Generation Group at Rio Tinto. Mr. Graham has been involved with evaluation and pre-development work on several projects in Canada and abroad, including Resolution Copper (Arizona, USA), Diavik Diamond Mine (Northwest Territories, Canada), Eagle Nickel (Michigan, USA), Lakeview Nickel (Minnesota, USA) and Bunder Diamonds (India). The Company has granted Mr. Graham 300,000 incentive stock options at a price of $0.55 per share, expiring on May 28, 2022, which will vest in three equal tranches over the next year. The options are subject to TSX Venture Exchange approval.