Oroco Announces Mark Stevens as Technical Consultant
Oroco Announces Mark Stevens as Technical
Consultant
VANCOUVER
,
July 9, 2019
/CNW/ - Oroco Resource Corp. (
TSX-V: OCO
) ("
Oroco
" or "
the
Company
") is pleased to announce that it has engaged Mr.
Mark Stevens
, C.P.G., of
Denver
Colorado
as a technical consultant to the Oroco team. Mr. Stevens is initially leading an independent
geological review of the historical resource files pertaining to the Santo Tomas Cu-(Mo-Au-Ag)
Porphyry Deposit in Sinaloa State, Mexico. Mr. Stevens will thereafter be a central participant in the
planning for an updated resource estimate and additional exploration work at Santo Tomas, as part
of the technical and commercial advancement of the mining project.
Mr. Stevens is a highly experienced exploration, evaluation and resource geologist who was formerly
the V.P. Exploration for Augusta Resources, whose primary asset was the world class Rosemont
Copper Project in southern
Arizona
. He was most recently V.P. Exploration for Brio Gold with
production and exploration in Brazil. Prior to his time with Augusta Resources and the
Rosemont
project, Mr. Stevens was a Principal Geologist with the international mining consulting firm of
Pincock, Allen & Holt.
Mr.
Craig Dalziel
, Oroco's CEO commented: "We are very pleased to have a senior geologist with
the capabilities of
Mark Stevens
join the Oroco team, as he has extensive experience with the
technical advancement of large-scale porphyry copper resource projects such as that at Santo
Tomas. We feel that his experience at
Rosemont
, in particular, will be invaluable in all areas of the
project's development. Oroco management is confident that Oroco is continuing to build a strong
team to carry the Santo Tomas project forward."
ABOUT OROCO:
The Company currently holds an irrevocable option to acquire 100 percent of Altamura Copper
Corp., a private B.C. company which holds a 50 percent interest in Compania Minera Ruero, S.A. de
C.V., the registered owner of the Santo Tomas concessions, and an option to acquire the other 50
percent interest. The Santo Tomas concessions are a contiguous group of seven mineral
concessions located in Sinaloa State, Mexico. Altamura Copper Corp. also holds a 66.7 percent
interest in Xochipala Gold, S.A de C.V., the owner of a net 85 percent unregistered contractual
interest in the Santo Tomas concessions. The Company and Altamura Copper Corp. are pursuing
the registration of the Santo Tomas concessions to Xochipala Gold, S.A de C.V. for reason of its
preferable ownership and investment structure relating to the development of those concessions
(see the Company's most recent MD&A available on SEDAR).
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined
in the policies of the TSX Venture Exchange) 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, are forward-looking statements. There can be no assurance
that such forward-looking statements will prove to be accurate, and actual results and future
events could differ materially from those anticipated or implied in such statements. 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.
SOURCE
Oroco Resource Corp.
View original content:
http://www.newswire.ca/en/releases/archive/July2019/09/c8919.html
%SEDAR: 00026117E
For further information:
Mr. Craig Dalziel, President and CEO, Oroco Resource Corp., Tel: 604-
688-6200, www.orocoresourcecorp.com
CO: Oroco Resource Corp.
CNW 09:00e 09-JUL-19