Oroco Announces the Start of Drilling at Santo Tomas
July 29, 2021 NEWS RELEASE
OROCO ANNOUNCES THE START OF DRILLING AT SANTO TOMAS
VANCOUVER, British Columbia – (July 29, 2021) Oroco Resource Corp. ( TSX-V: OCO;
OTCQB: ORRCF) (“Oroco” or “the Company”) is pleased to announce that it has commenced
diamond core drilling at its Santo Tomas copper project, with the first drill hole collared and in
progress. A second drill rig is scheduled to begin operating next week, and a third rig, constructed
for the Company by Hydracore Drills Ltd. of Canada, is in transit to the project. The drill hole
currently in progress is located in the North Z one and represents the first drill hole collared
anywhere on the property since 1993. The initial drilling is intended to c onfirm the presence of
historically defined pol ymetallic copper mineralization and to begin the development of new
mineral resource models at Santo Tomas.
Commenting on the start of drilling, Oroco’s CEO, Craig Dalziel, stated "We are extremely pleased
to be able to initiate a new generation of drilling at Santo Tomas at a time when the acceleration of
large copper projects is essential for global ec onomic growth and stability . We are anxious to
confirm and extend the historical resources at the North and South Zones, and to commence
exploration at the Brasiles Zone, where our 3D DCIP program indicated extensive and compelling
chargeability features.”
The initial holes in the drill program will be collare d in the North Zone and will be drilled at steep
angles to the East-Southeast. While heavy rains have impacted roads and mobilization, causing the
initial drill setups to be supporte d by helicopter, the rapidly rising reservoir has enabled the project
team to revert to waterborne support of the drilli ng program from the Co mpany’s existing Buena
Vista base camp. The light and highly (man-) portable drills being deployed by the Company allow
for drilling at favourable locations with no environm ental impact. Targeti ng for drilling is being
informed by the recently completed 3D DCIP surv ey which has defined significant chargeability
features that correlate well with mineralisation known from historical drill ing and which features
continue beyond the mineralization defined by that drilling.
ABOUT OROCO:
The Company holds a net 73.2% interest in the collective 1,172.9 ha Core Concessions of the Santo
Tomas Project in NW Mexico. The Company also holds a 77.5% in terest in 7,807.9 ha of mineral
concessions surrounding and adjacent to the Core Concessions (for a total project area of 22,192
acres). The Project is situated within the Sa nto Tomas District, which extends from Santo Tomas
up to the Jinchuan Group’s Bahuerachi project, a pproximately 14 km to th e north-east. Santo
Tomas hosts a significant copper porphyry deposit defined by prior exploration spanning the period
from 1968 to 1994. During that time, the propert y was tested by over 100 diamond and reverse
circulation drill holes, totaling approximately 30,000 meters. Based on data generated by these drill
programs, a historical Prefeasibility Study was completed by Bateman Engineering Inc. in 1994.
OROCO RESOURCE CORP.
1201-1166 Alberni Street, Vancouver, BV V6E 3Z3
T: 604.688.6200 F: 604.688.6260
www.orocoresourcecorp.com
The Santo Tomas Project is loca ted within 160km of the Pacific deep-water port at Topolobampo
and is serviced via highway and proximal rail (and parallel corrido rs of trunk grid power lines and
natural gas) through the city of Los Mochis to th e northern city of Choix. The property is reached
by a 32 km access road originally built to service Goldcorp’s El Sauzal Mine in Chihuahua State.
For further information, please contact:
Mr. Craig Dalziel, CEO
Oroco Resource Corp.
Tel: 604-688-6200
www.orocoresourcecorp.com
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 applic able Canadian securities legislation. All statements,
other than statements of historical fa ct included herein, including without lim itation, statements relating to future
events or achievements of the Company, are forward-looking statements. Ther e 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 diff erent 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 containe d in this news release con cerning these matters. Oroco
does not assume any obligation to update the forward-looking statements should they change, except as required by
law.