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VANCOUVER, Canada, April 15, 2025 (GLOBE NEWSWIRE) -- Oroco Resource Corp. (TSX-V: OCO, OTC: ORRCF) (“Oroco” or the “Company”). Last week Oroco presented at the Mexican Discoveries 2025 Conference to update the Mexico resource sector on our corporate progress and the planned commencement of environmental baseline studies and the community consultation process relating to the Santo Tomas Project.
As a part of a general corporate update, Oroco is participating in a Webinar hosted by Red Cloud Securities Inc. tomorrow, April 16th at 2:00pm EDT. Interested participants may register for the Webinar titled “Oroco Resource Corp.: Why Santo Tomas is the most buildable Copper Asset in the Americas” via https://redcloudfs.com/events/rcwebinar-oco/. We look forward to updating present and prospective shareholders regarding Oroco’s near-term priorities and plans.
“The results of our recent meetings with Mexican federal and state officials have prompted the immediate commencement of our environment baseline studies and the community consultation process,” stated Craig Dalziel, Oroco’s Executive Chairman. “Now that the Mexican government support for the Santo Tomas Project has been made clear, we are confident that development activity can now resume, beginning with the environmental and social programs which are essential to the project’s permitting process.”
ABOUT OROCO
The Company holds a net 85.5% interest in those central concessions that comprise 1,173 hectares “the Core Concessions” of The Santo Tomas Project, located in northwestern Mexico. The Company also holds an 80% interest in an additional 7,861 hectares of mineral concessions surrounding and adjacent to the Core Concessions (for a total Project area of 9,034 hectares, or 22,324 acres). The Project is situated within the Santo Tomas District, which extends up to the Jinchuan Group’s Bahuerachi Project, approximately 14 km to the northeast. The Project hosts significant copper porphyry mineralization initially defined by prior exploration spanning the period from 1968 to 1994. During that time, the Project area was tested by over 100 diamond and reverse circulation drill holes, totaling approximately 30,000 meters. Commencing in 2021, Oroco conducted a drill program (Phase 1) at Santo Tomas, with a resulting total of 48,481 meters drilled in 76 diamond drill holes.
The drilling and subsequent resource estimates and engineering studies led to a revised MRE and an updated PEA being published and filed in August of 2024, which studies are available at the Company’s website www.orocoresourcecorp.com and by reviewing the Company profile on SEDAR+ at www.sedarplus.ca.