Royalty on producing mine and massive blue sky exploration potential in the GBB
Xochipala: last "undrilled" intrusion in the Guerrero Gold Belt (Goldcorp drilled over 6800m "by accident", thinking it's their land)
Oroco Resource Corp Profile
A company now focused on exploration and development of their Xochipala Project in the Guerrero Gold Belt, which is currently being agressively explored by Canadian and Mexican companies (Goldcorp, Osisko,Torex, Newstrike Capital) and covers sufficient ground to potentially generate reserves greater then 1 million ounces gold. Oroco has more than sufficient funds now after selling their Cerro Prieto Mine, a historic polymetallic mine in Sonora, Mexico to Goldgroup Mining for a total consideration of $ 18 million.
Last changed at 02-Mar-2014 03:44AM by FANTOMAS