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Oroco Resource Extends Strike With South Zone Drill Success
Vancouver, Canada, Nov. 10, 2022 (GLOBE NEWSWIRE) -- Oroco Resource Corp. (TSX-V: OCO, OTC: ORRCF) (“Oroco” or “the Company”) announces assay results from drill
About this update from Oroco Resources Corp.
[{"type":"text","content":" Vancouver, Canada, Nov. 10, 2022 (GLOBE NEWSWIRE) -- Oroco Resource Corp. (TSX-V: OCO, OTC: ORRCF) (“Oroco” or “the Company”) announces assay results from drill holes S001 through S003 (2,052 m of drilling) of its drilling program in the South Zone of its Santo Tomas property (the “Property”) located in northwestern Mexico (see Table 1 below and Figure 1 attached, or at the Company’s website). The South Zone 2022 drill program is designed to confirm and expand the historical South Zone resource and define shallow seated mineralization along strike with the North Zone. A total of 12 drill holes have now been completed in the South Zone, with results pending for S004 through S012. HIGHLIGHTS Drill holes S001, S002, and S003 targeted the south-central area of the South Zone. All three holes identified significant intervals of mineralization of a similar tenor to that of the North Zone, with mineralization starting at less than 30 m in each hole. Drill hole S003, the most southerly of the three holes, lies approximately 1,400 m south of North Zone, extending the strike of mineralization in the North Zone and South Zone (south of the Fuerte River) to a total of approximately 3,200 m. Drill hole S003, which was drilled at the south-central area of the historical South Zone, confirms that the zone is open for extension to the southern area of the historical zone, providing an additional 500 m of drill targets. In aggregate, historical and current drilling combined with a broad 3D IP anomaly (comprised of High Chargeability and Low Resistivity), confirm that the South Zone mineralization extends for 2,100 m along the surface and to a depth of up to 400m below surface. Richard Lock, CEO, commented: “We continue to be very pleased with our drill results as they recently confirm shallow mineralization in the South Zone 2,000 meters further along strike, demonstrating the potential to add significantly to the combined North Zone and South Zone mineral resource estimate.” DRILLING RESULTS All drill holes tested the South Zone deposit perpendicular to its structural attitude. Core intervals are within approximately 10% of true thickness. Drill hole S001 (Plate 34) returned 271 m of 0.37% CuEq starting at 27m from surface. Drill hole S002 (Plate 49) returned three main mineralized intervals, starti...