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Oroco Resource Corp. Announces Its 3D Induced Polarized Survey Results
VANCOUVER, Canada, June 02, 2021 (GLOBE NEWSWIRE) -- (June 2, 2021) Oroco Resource Corp. (TSX-V: OCO; OTC: ORRCF) (“Oroco” or “the Company”) is pleased to annou
About this update from Oroco Resources Corp.
[{"type":"text","content":" VANCOUVER, Canada, June 02, 2021 (GLOBE NEWSWIRE) -- (June 2, 2021) Oroco Resource Corp. (TSX-V: OCO; OTC: ORRCF) (“Oroco” or “the Company”) is pleased to announce receipt of the final data for its recently completed 3D IP geophysical survey at its Santo Tomas Project in north-western Mexico. The survey results clearly correlate chargeability and resistivity features with known mineralization and alteration zones related to the mineralising events, and with geological mapping in the area of historical drilling and resource delineation. Most importantly, the final survey data displays a very extensive distribution of the chargeability/resistivity features beyond the confines of the historical work at Santo Tomas. The final dataset indicates a substantial continuation of Santo Tomas chargeability along strike and to depth, inferring that the mineralized system is much more extensive than was defined historically. In addition to the strike continuity, chargeability features at South Zone and Brasiles protrude east of their anticipated distribution, and a distinct feature of intermediate chargeability is developed westward below a mapped limestone bluff at Brasiles. 3D DCIP: The final survey report for the deep, three-dimensional, Induced Polarization (\"DCIP\") geophysical survey by Dias Geophysical of Saskatoon, Saskatchewan (\"Dias\"), was received on May 28, 2021. The survey was completed using a rolling, distributed partial 3D DCIP array and a distributed 2D array (at the South Zone extension), both with a pole-dipole configuration. The full survey covered an area of approximately 14 km2. Commenting on the completed DCIP report, the Company’s CEO, Craig Dalziel, stated “Oroco is now highly confident that the close correlation between the DCIP results and our knowledge of the distribution of historically drilled mineralization provides the Company with a compelling basis for use of the DCIP results to guide the targeting of future drilling at the Santo Tomas South, North and Brasiles Zones. The coherence of the DCIP, and the knowledge being gained by in-progress selective geological surface mapping, will ensure that drilling is most efficiently deployed. The Company will maximise its significant investment in the DCIP survey with near-term integration of additional geophysics, comp...