Oroco Announces Major Initiatives
May 15, 2025 NEWS RELEASE
Oroco Announces Major Initiatives
Vancouver, BC – May 15, 2025 – Oroco Resource Corp. (TSX-V: OCO; OTC: ORRCF)
(“Oroco” or the “Company”) is pleased to announce three pivotal developments that mark
significant steps forward for the Company and its flagship Santo Tomás Copper Project located
in northwestern Mexico.
1. Application to Expand the Scope of the Santo Tomas Mine Plan
After completing a favourable internal assessment, Oroco has determined that it will supplement
its regulatory permitting process with an application to laterally shift a section of the river that
runs adjacent to the Santo Tomás Project area, north of the existing pit area of the North Zone.
This proposed river realignment will provide access to a significant portion of the resource
identified in the 2024 Mineral Resource Estimate that was not included in the 2024 Preliminary
Economic Assessment mine plan. Unlocking this additional resource represents a very realistic
opportunity to enhance the scale, economics, and long-term value of the Santo Tomas Project.
This bold, environmentally responsible initiative, supported by regional political interests, will
be pursued with the guidance of Oroco’s newly engaged legal advisors and in collaboration with
regional stakeholders to ensure alignment with environmental regulations and community
development objectives.
2. Engagement of Environmental Law Firm in Mexico
Oroco has engaged one of Mexico’s most respected environmental law firms, Pontones &
Ledesma, which is recognized for its considerable expertise in regulatory frameworks and its
track record of success in permitting complex mining developments. This engagement marks a
significant step toward formalizing the permitting pathway for Santo Tomás and further
strengthens Oroco’s commitment to environmental and social stewardship.
The selected firm brings specialized knowledge in environmental impact assessments,
stakeholder engagement, and regulatory compliance at both the state and federal levels. Their
experience guiding large-scale mining projects through Mexico’s permitting process will be
instrumental in ensuring that Oroco continues to align its development strategy with both
environmental sustainability and community expectations.
3. Application for Listing on the Toronto Stock Exchange
Oroco is also pleased to announce its intention to apply to list its securities on the Toronto Stock
Exchange (TSX). This strategic move is designed to enhance the Company's visibility, increase
its liquidity, and attract a broader institutional investor base, particularly from the United States,
many of whom may have previously been precluded from participating in Oroco’s equity.
“These three announcements represent transformative milestones for Oroco,” said Craig Dalziel,
Executive Chairman of Oroco. “The river realignment is expected to provide access to a
significant additional portion of our known resource. This singular step could dramatically
enhance the scope of the Santo Tomás Project. And at the same time, the engagement of a top-
tier environmental law firm and our TSX application lay the groundwork for responsible
development and expanded shareholder participation.
“As the global copper market tightens and the demand for critical minerals accelerates, Oroco is
strategically positioning itself to become a major contributor to North America's secure and
sustainable copper supply. These developments are designed to accelerate that path and create
long-term value for Oroco’s current and future shareholders,” added Mr. Dalziel.
ABOUT OROCO
The Company holds a net 85.5% interest in those central concessions that comprise 1,173
hectares “the Core Concessions” of The Santo Tomas Project, located in northwestern Mexico.
The Company also holds an 80% interest in an additional 7,861 hectares 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 is situated within the Santo Tomas District, which extends up to the
Jinchuan Group’s Bahuerachi Project, approximately 14 km to the northeast. The Project hosts
significant copper porphyry mineralization initially defined by prior exploration spanning the
period from 1968 to 1994. During that time, the Project area was tested by over 100 diamond and
reverse circulation drill holes, totaling approximately 30,000 meters. Commencing in 2021,
Oroco conducted a drill program (Phase 1) at Santo Tomas, with a resulting total of 48,481
meters drilled in 76 diamond drill holes.
The drilling and subsequent resource estimates and engineering studies led to a revised MRE and
an updated PEA being published and filed in August of 2024, which studies are available at the
Company’s website www.orocoresourcecorp.com and by reviewing the Company profile on
SEDAR+ at www.sedarplus.ca.
The Santo Tomás Project is located within 170 km of the Pacific deep-water port at
Topolobampo and is serviced via highway and proximal rail (and parallel corridors of trunk grid
power lines and natural gas) through the city of Los Mochis to the northern city of Choix. The
property is reached, in part, by a 32 km access road originally built to service Goldcorp’s El
Sauzal Mine in Chihuahua State.
Additional information about Oroco can be found on its website and by reviewing its profile on
SEDAR+ at www.sedarplus.ca.
For more information, please contact:
Craig Dalziel, Chairman
Oroco Resource Corp.
Tel: 604-688-6200
Email: [email protected]
www.orocoresourcecorp.com
Neither TSXV nor its Regulation Services Provider (as that term is defined in policies of the
TSXV) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Information
This news release includes certain “forward-looking information” and “forward-looking statements”
(collectively “forward-looking statements”) within the meaning of applicable Canadian securities
legislation. All statements, other than statements of historical fact included herein, including, without
limitation, statements relating to future events or achievements of the Company, and the use of funds from
the Offering, are forward-looking statements. There is no assurance that the proceeds of the Offering will
be expended as contemplated. Many factors, both known and unknown, could cause actual results,
performance or achievements to be materially different from the results, performance or achievements
that are or may be expressed or implied by such forward-looking statements. Readers should not place
undue reliance on the forward-looking statements and information contained in this news release
concerning these matters. Oroco does not assume any obligation to update the forward-looking
statements should they change, except as required by law.