Oroco Resource Corp. Advances Santo Tomas Project with Environmental Studies and Community Engagement
- Oroco Resource Corp. is advancing environmental assessments and community consultations for the Santo Tomas Project.
- The company holds significant land interests, with an 85.5% stake in Core Concessions and extensive drilling history.
- Oroco emphasizes responsible mining and community engagement to enhance project sustainability and regulatory compliance.
Oroco Resource Corp Advances Environmental Assessments for Santo Tomas Project
Oroco Resource Corp. (TSX-V: OCO, OTC: ORRCF) highlights significant progress on its Santo Tomas Project during the recent Mexican Discoveries 2025 Conference. The company announces the impending launch of environmental baseline studies and community consultations, essential steps in the permitting process for the project. This proactive approach follows productive meetings with federal and state officials in Mexico, who have shown support for Oroco's initiatives. The collaboration with local authorities strengthens the company’s position to navigate the regulatory landscape and implement necessary environmental and social programs.
The Santo Tomas Project spans a total area of 9,034 hectares (22,324 acres), with Oroco holding an 85.5% interest in the Core Concessions, which cover 1,173 hectares, and an 80% interest in an additional 7,861 hectares. This extensive landholding is significant for the company's long-term strategy, as the region boasts a rich history of exploration dating back to 1968. Previous drilling efforts, which included over 100 drill holes totaling approximately 30,000 meters, have laid a solid foundation for Oroco's current activities. The company’s Phase 1 drill program, initiated in 2021, has further contributed to its understanding of the mineral potential in the area, culminating in an updated Mineral Resource Estimate (MRE) and Preliminary Economic Assessment (PEA) released in August 2024.
Strategically located about 170 kilometers from the Pacific deep-water port at Topolobampo, the Santo Tomas Project benefits from robust infrastructure, including highways and rail connections that facilitate transportation. This advantageous positioning enhances the feasibility of developing the project into a significant copper asset. To engage further with stakeholders and the investment community, Oroco is set to participate in an upcoming Webinar on April 16, 2025, titled, “Oroco Resource Corp.: Why Santo Tomas is the most buildable Copper Asset in the Americas.” This event aims to showcase the project's potential and solidify Oroco's standing as a key player in the copper mining sector.
In addition to the environmental and community initiatives, Oroco's commitment to responsible mining practices aligns with growing industry standards and expectations. By prioritizing community engagement and environmental stewardship, the company positions itself to not only meet regulatory requirements but also to foster goodwill among local populations. This strategic focus is likely to play a crucial role in the project's success and sustainability in the competitive mining landscape.