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Oroco’s (TSXV:OCO) drilling success continues at Santo Tomas

Mining
TSXV:OCO
14 January 2022 16:00 (EDT)
Oroco Resource Corp. - Santo Tomas Project

Source: Oroco Resource

Oroco Resource Corp. (OCO) has reported assay results from its drilling campaign at the Santo Tomas property in northwestern Mexico.

The received drill results are from Holes N004 to N008 in the North Zone deposit. 

Assay results through the first eight drill holes have now been received.

Notably, the best intersection in the 2021 drill program was returned by drill hole N008 which showed a thickness of 328.3 metres of 0.45 per cent copper equivalent.

Hold N004 was drilled to test the strong anomaly extending westward from N008 and the known North Zone deposit. 

A zone of altered and copper mineralized rocks in N004 confirms the prospectivity of the anomaly.

It more than doubles the width of the North Zone deposit target at the 200-metre elevation.

This newly confirmed target lies on the western flank of the North Zone deposit, concealed beneath a blanket of limestone beds.

A total of 12 drill holes were completed totalling 8,455 m of diamond drilling.

Drilling operations will re-commence on the North Zone within two weeks. 

Drilling on the Brasiles Zone has re-commenced with Hole B002, which was in progress prior to the break.

The 2021 drill program commenced on the central North Zone mineral deposit and has now spanned 600 m of strike length on the North Zone.  

Drilling confirms that the North Zone has molybdenum, gold and silver accompanying copper assays along the central axis.

Oroco Resource Corp. (OCO) is down 3.75 per cent trading at $2.31 per share as of 4:04 p.m. EST.

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