Santo Tomas Project Moves Forward
April 2, 2025 NEWS RELEASE
SANTO TOMAS PROJECT MOVES FORWARD
VANCOUVER, British Columbia – April 2, 2025 - Oroco Resource Corp . (TSX -V: OCO, OTC:
ORRCF) (“ Oroco” or the “Company”) Last week in Culiacan , Sinaloa, Craig Dalziel, Oroco 's
Chairman, and other members of Oroco’s Senior Management Team met with Rubén Rocha Moya, the
Governor of Sinaloa , Ricardo Velarde Cárdenas, Secretary of the Economy for Sinaloa, and other senior
state government officials , to discuss the advancement of the Santo Tomás Copper Project in Choix,
Sinaloa. The Governor recognizes the project's potential for responsible development, investment, and
long-term economic growth, and confirmed the potential contribution of the Santo Tomás Project to the
future of the state economy, particularly that of the Municipality of Choix. The Governor stated that his
government is committed to generating good jobs in the Choix region through environmentally and socially
sustainable development.
The state meeting with Governor Rocha Moya followed the prior meetings in Mexico City with Dr. Luis
Rosendo Gutiérrez Romano, the Undersecretary of the Mexican Economy, and his senior staff (refer to the
Oroco news release of March 26, 2025), and a subsequent technical meeting in which Ian Graham, Oroco’s
President, Ubaldo Trevizo Ledezma, Santo Tomas Project Manager, and senior Oroco technical personnel
presented the Santo Tomas P roject to Fernando José Aboitiz Saro, Head of the Extractives Activities
Coordination Unit, and Luz Hiram Olimpia Laguna Morales, Director General of Mining Development ,
and their technical staff. The purpose of the technical meeting was to prepare for the incorporation of the
Santo Tomas Project into the Key Development Projects Registry to be maintained by the Ministry of the
Economy’s Mining Coordination Office, an important element of Mexican Government support.
“The state executive and federal technical meetings continued to provide commitments of strong Mexican
Government support for the Santo Tomás Project. Coordinated by Congressional Deputy Mario Zamora
and his staff, these meetings have led to a responsive and supportive dialogue with Mexico’s senior
economic and mine development officials and we are extremely grateful for the guidance and support. The
pathway forward for the continued development of the Santo Tomas Project is now clear,” commented the
Oroco Chairman, Craig Dalziel.
Read the official statement by Governor Rocha Moya at https://sinaloa.gob.mx/son-bienvenidas-las-
inversiones-mineras-sustentables-y-generadoras-de-empleos-locales-gobernador-ruben-rocha/ and a
sample of the extensive media coverage following the meetings can be followed from links tabled at
https://www.orocoresourcecorp.com/blog/oroco-in-the-news/ .
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 hol es, 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.