Proactive investorsLogo Proactive Investors UK Website

Search field
Additional information
Additional Information
Market: TSX-V
Sector: Gold Mining
Epic: TSX-V:OCO
News: Latest news
Web Site: Oroco Resource Corp
Other Articles: 06-10-200911-08-200909-03-2009

RSS - Subscribe to the News Today on Proactive UK ▼

Tuesday March 16, 12:29Mercator Gold to sell exclusive Copper Flat option to Canada's THEMAC Resources

The deal will allow the group to retain a substantial interest in the promising Mexican copper-gold-molybdenum-silver project without the associated costs.

FULL ARTICLE ►

RSS - Subscribe to the News Today on Proactive AU ▼

Tuesday March 16, 11:50Gulf Resources: a burgeoning industrial minerals force in Africa

A new force in industrial minerals is taking shape in Africa, following on from Gulf's acquisition of world class vermiculite assets from Rio Tinto International in 2009.  

FULL ARTICLE ►

RSS - Subscribe to the News Today on Proactive CN ▼

Monday March 15, 09:01China's growth boosting commodity prices

The latest economic figures from China have put pressure on the dollar and boosted a number of high-yielding currencies, including the Australian dollar and the South African rand.

FULL ARTICLE ►
Oroco Resource Corp

Oroco Resource Corp

Oroco Resource Corp is a Canadian junior mining company focused on the exploration and development of the Cerro Prieto Mine, a historical gold and silver producer in Sonora State, Mexico. The mine is contained within Oroco's 27.23 sq. km. of 100% owned mining concessions.
Monday, March 09, 2009

Oroco Resource Corp releases NI 43-101 Resource estimate

by Sam Kiri company news image

While mining projects by many companies have assumed subdued roles in the face of growing economic uncertainties, there are few who appear to be keen to continue their projects regardless. We have always been complimentary of such efforts as it is an indication of the management’s commitment to projects and their intents to add shareholder value.

Canadian venture listed Oroco Resource Corp. (TSX.V: OCO) has been busy developing its 100% owned Cerro Prieto project in Sonora State, Mexico and announced the results of an independently calculated mineral resource estimate based on data from the recently completed Phase 1 exploration programme. The National Instrument 43-101 compliant study concludes that work to date on the property has outlined an indicated resource of 25,250,000 tonnes with an average grade of 0.52 g/t Au, 8.6 g/t Ag, 0.34% Pb and 1.02% Zn and, in addition, a total inferred resource of 4,690,000 tonnes with an average grade of 0.17 g/t Au, 19.4 g/t Ag, 0.37% Pb and 1.20% Zn.

A delighted Ken Thorsen, President and CEO stated that the estimate was based on a diamond drill program of 23 holes. All of them have successfully intercepted the mineralized zone (with the exception of two which failed to reach the zone because of bad ground conditions) and included mineralization that contributed to the resource. Thorsen also noted that the Phase 1 exploration program included surface trenching confirming mineralization over a strike length 100% greater than that of the drill holes incorporated in this resource estimate. The deposit remains open on strike to the north and south and to depth. Thorsen reckons l that drilling in a Phase 2 exploration program, expected to be completed during 2009, has significant potential to add to the resource both on strike and down dip.

About Oroco Resources


Oroco is a Canadian junior mining company focused on the exploration and development of the Cerro Prieto Mine, a historical gold and silver producer in Sonora State, Mexico. The mine is contained within Oroco's 27.23 sq. km. of 100% owned mining concessions

 

AddThis Feed Button
Register here to be notified of future Oroco Resource Corp articles.

Other Oroco Resource Corp articles


More news ►

Investors interested in Oroco Resource Corp recently viewed


No investment advice

The Company is a publisher and is not registered with or authorised by the Financial Services Authority (FSA). You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.