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Oroco Resources

Publié le 09 septembre 2008

Announces 425 Meter Stepout to Mineralized Zone

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OROCO ANNOUNCES 425 METER STEPOUT TO MINERALIZED ZONE

VANCOUVER, BRITISH COLUMBIA-(Marketwire � September 9, 2008) - Oroco Resource Corp (OCO � TSX-V) is pleased to announce the results from a surface trenching program on the Cerro Prieto property, located in Sonora State, Mexico.

HIGHLIGHTS

  • Trench cut 425 meters north of current drilling exposes mineralized zone of comparable thickness and grade to that observed in holes drilled in Phase One drill program
  • 163.4 g/t Ag, 0.327 g/t Au, 0.34% Pb and 0.30% Zn over true thickness of 13.5 meters within a 36.3 meter section averaging 79.7 g/t Ag, 0.401 g/t Au, 0.32% Pb and 0.47% Zn

The trench cut what is believed to be an extention of the Cerro Prieto mineralized zone 425 meters north of the current 6,000 meter Phase One diamond drill program. The 425 meter strike length between the most northerly drill section of that program and the trench is virtually unexplored with the exception of a few small historical pits that partially exposed minor veining and alteration.

The trench exposes veining and brecciated veining comparable to that seen in drill core from the mineralized zone in the area of current drilling to the south. The assays for the full length of the sampled trench averages 0.401 g/t Au, 79.7 g/t Ag, 0.32% Pb and 0.47% Zn over a true thickness of 36.3 meters. Within that section, a higher grade silver zone assayed 163.4 g/t Ag, 0.327 g/t Au, 0.34% Pb and 0.30% Zn over a true thickness of 13.5 meters. Also within the trench, a separate section of higher grade lead and zinc averages 0.57 g/t Au, 25.2 g/t Ag, 0.57% Pb and 1.30% Zn over a true thickness of 6.0 meters. Mineralization is open on either end of the trench and a program of detailed trenching, mapping and sampling has begun both to the north and south of the trench.

The company is pleased to note the consistency of the true thickness and average grade of the trench with that of the Phase One drill hole intersections for which assays have been previously reported.. The trench is located on section 1075 N, 425 meters north of the northern most drill section and 925 meters north of the southern-most drill section of the current drill program. For a plan view map showing the location of the drill hole sections and the trench, and a longitudinal section showing the drill hole intercepts, please refer to Oroco�s website at http://www.orocoresourcecorp.com/Cerro-Prieto-Project.html

The Cerro Prieto polymetallic project is located in Sonora State, Mexico and consists of three mineral concessions totaling 2,508 hectares. Oroco holds a 100% interest in these concessions. In April of this year a Phase 1 drill program commenced and at the completion of the this program (6,000 meters in approximately 25 holes) the mineralized zone will have been drill tested vertically at 100 meter centers along a strike length of at least 600 meters to a depth of 400 meters allowing the calculation of an initial estimation of resources.

Qualified Person

Kenneth R. Thorsen, B.Sc., P. Geo., is a director of the company and is a 'qualified person' for the purposes of National Instrument 43-101 Standards of Disclosure for Mineral Properties of the Canadian Securities Administrators and has verified the data (including sampling, analytical and test data) and prepared or supervised the preparation of the information contained in this news release.

Quality Assurance & Control

The Company has implemented a quality assurance and control (QA/QC) program to ensure sampling and analysis of all exploration work is conducted in accordance with the best possible practices. Split core is transported to the ALS Chemex laboratory in Hermosillo where it is crushed and pulverized, with pulps sent to the ALS Chemex laboratory in Vancouver, B.C. for assaying. The other half of the core is retained for future assay verification. The QA/QC policy includes the chain of custody monitoring, insertion of blanks, standards and duplicates in the initial samples submitted. The laboratory provides an additional internal control program.

�Stephen Leahy�

President

For further information, please contact:
Oroco Resource Corp. Tel: 604-688-6200 or visit �
www.orocoresourcecorp.com

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

 

Oroco Resource Corp. | 789-999 West Hastings Street | Vancouver | B.C. | V6C 2W2 | Canada

 

Oroco Resources

EXPLORATEUR
CODE : OCO.V
ISIN : CA6870331007
CUSIP : 687033 10 0
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Oroco est une société d’exploration minière de zinc et de plomb basée au Canada.

Ses principaux projets en exploration sont XOCHIPALA et CERRO PRIETO au Mexique.

Oroco est cotée au Canada. Sa capitalisation boursière aujourd'hui est 49,9 millions CA$ (36,5 millions US$, 34,1 millions €).

La valeur de son action a atteint son plus bas niveau récent le 01 janvier 2016 à 0,01 CA$, et son plus haut niveau récent le 25 juin 2021 à 3,66 CA$.

Oroco possède 77 947 405 actions en circulation.

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Rapports annuels de Oroco Resources
2007 Annual Report
Financements de Oroco Resources
05/02/2013CLOSES $1 MILLION NON-BROKERED PRIVATE PLACEMENT
11/09/2012Applies to Extend Term of Warrants
09/06/2011Announces Exercise of Warrants
25/05/2009RESOURCE CORP. ANNOUNCES PRIVATE PLACEMENT
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27/04/2010Appointment of Chief Consulting Engineer
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22/10/2012(Xochipala)Resource Corp.: Xochipala Amparo Filed
21/09/2012(Xochipala)Announces Commencement of Exploration at its Xochipala Proje...
14/05/2012(Cerro Prieto)REPORTS ON SOUTH EXTENSION DRILLING AT CERRO PRIETO
20/04/2012(Cerro Prieto)ANNOUNCES CERRO PRIETO DRILL RESULTS
17/01/2012(Cerro Prieto)ADDS TO CERRO PRIETO PROJECT
08/12/2011ANNOUNCES START OF DRILLING PROGRAMOROCO ANNOUNCES START OF ...
18/05/2011(Cerro Prieto)Secures Surface Rights for Cerro Prieto Project
12/01/2010(Cerro Prieto)Multiple High Grade Gold Drill Intercepts at Cerro Prieto.
30/09/2009(Cerro Prieto)New and Updated Drill Intercepts
17/09/2009(Cerro Prieto)Second Phase Drilling Verifies 2.0 Kilometer Mineralized Str...
11/08/2009(Cerro Prieto)High Grade Gold Sampled on Additional 900 Meter Strike Lengt...
21/07/2009(Cerro Prieto)Commences Phase Two Drilling at Cerro Prieto
14/05/2009(Cerro Prieto)Signs Property Option Agreement With Yamana Gold
27/01/2009(Cerro Prieto)REPORTS A 25.3 MILLION TONNE INDICATED RESOURCE AND 4.69 MI...
28/11/2008(Cerro Prieto)SURFACE SAMPLING EXTENDS MINERALIZED ZONE AT CERRO PRIETO AL...
18/09/2008(Cerro Prieto)COPPER AND MOLYBDENUM IN ADDITION TO AU-AG-PB-ZN MINERALIZAT...
31/07/2008(Cerro Prieto)Continues its Drilling Success
16/06/2008(Cerro Prieto)Intersects 0.214 g/t Au, 361.8 g/t Ag, 2.40% Pb And 4.76% Zn...
21/05/2008(Cerro Prieto)Initial Drill Holes Intersect Mineralized Structure at Cerro...
30/04/2008(Cerro Prieto)ANNOUNCES FIRST SAMPLING RESULTS FROM CERRO PRIETO NORTH PRO...
Communiqués de Presse de Oroco Resources
17/12/2015December 15, 2015 OROCO SETTLES SONORAN LAWSUIT
17/12/2015Oroco Settles Sonoran Lawsuit
19/11/2015Oroco Agrees to Extension of Closing Date
29/09/2015September 28, 2015 OROCO NEGOTIATES PAYMENT OF GOLDGROUP MIN...
29/09/2015Oroco Negotiates Payment of Goldgroup Mining Inc. Notes
18/09/2015September 16, 2015 GOLDGROUP FAILS TO MAKE PAYMENT TO OROCO
17/09/2015Goldgroup Fails to Make Payment to Oroco
16/09/2015August 28, 2015 OROCO RECEIVES 16.5 MILLION SHARES OF GOLDGR...
29/08/2015Oroco Receives 16.5 Million Shares of Goldgroup Mining Inc.
02/10/2014Debt Assignment Agreement Closes
23/09/2014Oroco Enters Into Agreements With Goldgroup
31/03/2014Sonoran Resources LLC. Commences Legal Action
07/02/2014(Xochipala)WINS XOCHIPALA APPEAL
03/09/2013(Cerro Prieto)Announces Completion of the Sale of Cerro Prieto
16/08/2013(Cerro Prieto)and Goldgroup Extend the Closing Date for the Cerro Prieto T...
16/07/2013(Cerro Prieto)and Goldgroup Agree to an Extension of the Closing Date for ...
29/06/2013Receives Demand for Payment
25/06/2013(Cerro Prieto)Obtains Approval for Sale of Cerro Prieto to Goldgroup
04/06/2013Resource Corp.: Amparo Decision Handed Down
29/04/2013Announces Special General Meeting Date
10/04/2013(Cerro Prieto)and Goldgroup Sign Formal Sale Agreement for Cerro Prieto
28/01/2013(Cerro Prieto)SIGNS AGREEMENT TO SELL CERRO PRIETO FOR US $18 MILLION
28/01/2013(Cerro Prieto)Signs Agreement to Sell Cerro Prieto
09/11/2012(Xochipala)Increases Strike Length at Xochipala
27/06/2011(Cerro Prieto)Signs Definitive Cerro Prieto Surface Rights Agreement
17/06/2011(Cerro Prieto)Signs Indicative Term Sheet for Cerro Prieto Construction Fi...
15/03/2011Resource Corp. Announces Closing of Private Placement
07/03/2011Extends Mineralized Zone at Cerro Proeto
06/10/2009Initiation Of Phase Two Metallurgical Tests
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08/03/2009ANDERSON FINANCIAL MARKETING to provide investor relations ...
04/11/2008Announces Senior Management Assignments
02/10/2008RESOURCE CORP. ADOPTS SHAREHOLDER RIGHTS PLAN
09/09/2008Announces 425 Meter Stepout to Mineralized Zone
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