Oroco Resource Corp
Promotional Strapline: Advancing the Santo Tomas Porphyry Copper Project
Primary Ticker: TSX-V:OCO, OTCQB:ORRCF, BF:OR6
Stage of Development: Production, Development, Exploration
Primary Minerals: Copper, Gold
Country / Region: Mexico
Market Cap 115M
Website: Oroco Resource Corp
Oroco Resource Corp., founded in 2006, is a Canadian mineral exploration company with a history of, and expertise in, the development of resource opportunities in Mexico. Oroco's focus is the development of an established mineral resource at its Santo Tomas project, situated in Northwest Mexico. Santo Tomas is a low elevation project, with substantial infrastructure readily available, hosting a large porphyry copper-gold deposit. The project's Preliminary Economic Assessment (PEA) presents a mine plan with robust economics.
Santo Tomas Project - 2024 PEA Highlights
- Inclusion in Plan Sinaloa, a regional hub of Plan Mexico
- Project Post-Tax Net Present Value of $1.475B; Initial CAPEX of $1.103B
- 0.51% CuEq average grade over the first seven years of production
- 108,000 CuEq tonnes of average production over a 22.6-year mine
- Overall strip ratio of 1.38:1 and C1 cash costs of USD $1.54/lb Cu
- 22.22% IRR Post-Tax; and 3.8-year CAPEX payback
