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Oroco Announces Major Initiatives

VANCOUVER, Canada, May 15, 2025 (GLOBE NEWSWIRE) -- Oroco Resource Corp. (TSX-V: OCO; OTC: ORRC...

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Oroco Announces Major Initiatives

About this update from Oroco Resources Corp.

[{"type":"text","content":"Oroco Announces Major Initiatives\n\n\n\n VANCOUVER, Canada, May 15, 2025 (GLOBE NEWSWIRE) --\n \n Oroco Resource Corp. (TSX-V: OCO; OTC: ORRCF)\n \n\n (“Oroco” or the “Company”)\n \n is pleased to announce three pivotal developments that mark significant steps forward for the Company and its flagship Santo Tomás Copper Project located in northwestern Mexico.\n \n\n\n 1.\n \n\n Application to Expand the Scope of the Santo Tomas Mine Plan\n \n\n\n After completing a favourable internal assessment, Oroco has determined that it will supplement its regulatory permitting process with an application to laterally shift a section of the river that runs adjacent to the Santo Tomás Project area, north of the existing pit area of the North Zone.  This proposed river realignment will provide access to a significant portion of the resource identified in the 2024 Mineral Resource Estimate that was not included in the 2024 Preliminary Economic Assessment mine plan.  Unlocking this additional resource represents a very realistic opportunity to enhance the scale, economics, and long-term value of the Santo Tomas Project.\n \n\n This bold, environmentally responsible initiative, supported by regional political interests, will be pursued with the guidance of Oroco’s newly engaged legal advisors and in collaboration with regional stakeholders to ensure alignment with environmental regulations and community development objectives.\n \n\n\n 2.\n \n\n Engagement of Environmental Law Firm in Mexico\n \n\n\n Oroco has engaged one of Mexico’s most respected environmental law firms, Pontones & Ledesma, which is recognized for its considerable expertise in regulatory frameworks and its track record of success in permitting complex mining developments.  This engagement marks a significant step toward formalizing the permitting pathway for Santo Tomás and further strengthens Oroco’s commitment to environmental and social stewardship.\n \n\n The selected firm brings specialized knowledge in environmental impact assessments, stakeholder engagement, and regulatory compliance at both the state and federal levels.  Their experience guiding large-scale mining projects through Mexico’s permitting process will be instrumental in ensuring that Oroco continues to align its d...

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