Oroco Resource Corp. (ORRCF) Financial

Oroco Resource Corp. engages in the acquisition and exploration of exploration and evaluation assets located in Mexico. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2008-03-18. The firm is engaged in the acquisition and exploration of mineral properties in Mexico. The company holds a net 85.5% interest in the central concessions that comprise 1,173 hectares (ha) (the Core Concessions) of the Santo Tomas Project, located in northwestern Mexico. The company also holds an 80% interest in an additional 7,861 ha 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 hosts a large, outcropping porphyry copper deposit comprised of fracture-hosted and disseminated copper and molybdenum sulphides with significant gold and silver credits. Its Xochipala Property is comprised of the Celia Gene (100 ha) and the contiguous Celia Generosa (93 ha) concessions. The Salvador Property is a 100-hectare mining concession, which lies around 25 kilometers (kms) to the west of the Xochipala Property and 30 kms west of Chilpancingo, Guerrero.