Oroco Issues Incentive Options
January 29, 2026 NEWS RELEASE
OROCO ISSUES INCENTIVE OPTIONS
VANCOUVER, British Columbia – (January 29, 2026) Oroco Resource Corp. ( TSX-V: OCO, OTC:
ORRCF) (“Oroco” or “the Company”) announces that pursuant to the Company's Stock Option Plan and
subject to approval by the TSX Venture Exchange, it has granted a total of 7,050,000 incentive stock options
to 25 directors, officers, employees and consultants of the Company at an exercise price of $0.85 per share,
with a term of 3 years. Of that total option grant, 3,425,000 incentive options have been granted to officers,
directors, and senior management of the Company. All options will vest in 4 installments, with one-quarter
vesting on the grant and thereafter upon each of the 4, 8, and 12-month anniversaries of the grant. The
Company now has 14,185,000 incentive options outstanding, equating to 4.4 percent of the currently issued
and outstanding shares of Oroco.
Commented Oroco Chairman, Craig Dalziel, “The closing of our recent financing led by Canaccord Genuity
presents the opportunity to initiate our Phase 2 drill program at Santo Tomas and to continue our work toward
a completed Pre-Feasibility Study for the project. It is, therefore, the appropriate time to provide the necessary
financial incentives to every level of Oroco’s organization. We are sincerely grateful to the many members of
our management and staff who, being so important to our future success, have maintained their commitment
to our company and its assets over the recent period of site inactivity. We look forward to continuing the
development of Santo Tomas on its path to prominence as a major copper resource.”
ABOUT OROCO:
The Company holds a net 87.0% 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).
Following an assessment of one of the non-Core Concession, the Company filed an application to
reduce the area of that concession, with the result that the additional concessions will total 4,948.24
hectares, for a total Project area of 6,121.11 hectares or 15,124.47 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 Santo Tomas Project hosts significant copper porphyry
mineralization initially defined by prior exploration spanning the period from 1968 to 1994. During
that time, the Santo Tomas 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 Tomas 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
OROCO RESOURCE CORP.
1201-1166 Alberni Street, Vancouver, BV V6E 3Z3
T: 604.688.6200 F: 604.688.6260
www.orocoresourcecorp.com
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.
For further information, please contact:
Mr. Craig Dalziel, Executive Chairman
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) accept responsibility for the adequacy or accuracy of this release.