Slide 1: Oroco Resource Corp.
Oroco Resource Corp. May 2025 May 2025 Oroco Resource Corp | Santo Tomás Porphyry Copper Project | TSXV:OCO 1
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation contains certain forward-looking statements that reflect the current views and/or expectations of Oroco Resource Corp. (“Oroco”) with respect to its business and future events including statements regarding Oroco’s business and exploration plans. Forward-
Slide 3: Caution: Technical Report and Preliminary Economic Analysis Information
Caution: Technical Report and Preliminary Economic Analysis Information This presentation contains certain statements and information from the NI 43-101 Technical Report and Preliminary Economic Assessment Update (the “PEA”) with an effective date of August 15, 2024, available on the Company’s websi
Slide 4: Investment Highlights
Investment Highlights Santo Tomas is poised to be a large scale, low cost copper project with further resource upside ➢ Multi-Decade & Low Capital Intensity Asset (2024 PEA) NPV8% Post-Tax:US$1.48B | Mine Life: 22.4 years | NPV:CAPEX: 1.34x Base Case at US$4.00/lb Cu ➢ Large-Scale Porphyry Copper (M
Slide 5: Laramide Copper – Large Production & Potential
Laramide Copper – Large Production & Potential SW USA and NW Mexico copper mining district ➢ One of the world’s significant copper production provinces ▪ 2023: AZ, NM, SON, CHI (& SIN) produced 1.54Mt of Cu – or 6.5% of global mined Cu production ▪ Continuous production from Morenci since 1872 ▪ Ope
Slide 6: Mexico: A Mining Giant & Economic Powerhouse
Mexico: A Mining Giant & Economic Powerhouse World #1 Ag, #5 Pb, #5 Mo, #6 Zn, #8 Au, #9 Cu PLAN MEXICO // January 2025 focused on growing and ➢ Mexico is a stable economic powerhouse: 12th ranked supporting FDI economy by GDP ➢ 4th largest recipient of foreign direct investment (FDI) for mining, Sa
Slide 7: Exploration and Technical Work To Date
Exploration and Technical Work To Date Over CAD $70 Million Invested (since 2019) ➢ 14 km2 of deep, 3D, Induced Polarization ("DCIP") geophysical survey by Dias Geophysical ➢ 76 drill holes / 49,000m of drilling with 5,000m of strike length tested – 75 drill hole Historical Program – 151 total drill
Slide 8: Resource Expansion Potential
Resource Expansion Potential ➢ Mineralization remains open on strike ➢ Geophysical anomalies also present outside of current resource and strike ~ 5.0 km NORTH ZONE OPEN PILLAR SOUTH ZONE BRASILES ➢ Phase 2 exploration drilling to upgrade resource OPEN classifications and test undrilled limits of th
Slide 9: Phase 2 Work Focus
Phase 2 Work Focus Pillar Drill test - Additional resource and improve mine scheduling South Zone - Resource infill and classification North Pit conversion drilling South East 3D IP geophysical Pillar anomaly test Zone South Pit South West infill + higher grade target testing May 2025 Oroco Resource
Slide 10: Santo Tomas 2024 PEA Highlights
Santo Tomas 2024 PEA Highlights Low Capital Intensity Multi-decade Copper Project Post – Tax NPV8% Initial CAPEX Mine Life Construction Mine Type US$1.48B US$1.103B 22.6 Years 2 Years Open Pit Post – Tax IRR NPV:CAPEX Payable Production Post -Tax Payback Processing 22.2% 1.34:1 108ktpa CuEq 3.8 Year
Slide 11: Cumulative Cash Flow, US$M (2024 Dollars)
Project Profile – Early low-strip & high grade High grade mineral blocks at / near surface. No strip immediate access with meta-limestone early strip $1,000 $6,000 $5,307 $5,000 $800 Cumulative Cash Flow, US$M (2024 Dollars) $4,000 $600 $498 $3,000 Cash Flow, US$M (2024 Dollars) $441 $438 $409 $422
Slide 12: Peer-leading Capital Intensity: Initial CAPEX / Annual CuEq Production
Peer-leading Capital Intensity: Initial CAPEX / Annual CuEq Production Josemaria Lundin Mining Corporation Initial CAPEX (US $) per Tonne of Average Annual CuEq Production $18,879/MT Ann Mason Hudbay Minerals Inc. Santo Domingo Capstone Copper Bubble size proportional to annual copper equivalent pro
Slide 13: Highly Profitable Project with Production Scale Compared to Peers
Highly Profitable Project with Production Scale Compared to Peers Projected profitability Index: After-Tax Study NPV8% (US$M) / Initial CAPEX (US$M) Bubble size proportional to projected annual copper equivalent production 2.1 Cascabel Santo Tomas PEA 2 1.5 Cactus Vizcachitas 1.3 Canariaco Norte Cop
Slide 14: After Tax Study NPV 8% (US$M) / Initial CAPEX (US$M)
Projected ‘Profitability Index’ Ratios at High IRR Profitability Index Ratio : After-Tax Study NPV8% (US$M) over Initial CAPEX (US$M) Los Azules After Tax Study NPV8% (US$M) / Initial CAPEX (US$M) Bubble size proportional to annual copper equivalent production 1.49 Vizcachitas 1.34 Santo Tomas PEA 2
Slide 15: Corporate Overview
Corporate Overview Capital Structure Share Price Chart (1 Year) Tickers TSXV:OCO; OTCPK:ORRC.F; DB:OR6 $0.70 1.2 Volume Price Share Price C$0.38 (as of May 1, 2025) $0.60 1.0 Shares Outstanding 252,479,808 $0.50 0.8 Volume (millions) Share Price (C$) Fully Diluted 297,209,506 $0.40 Market Capitaliza
Slide 16: Management & Directors
Management & Directors Craig Dalziel Richard Lock Ian Graham Steven Vanry Executive CEO & President & CFO & Chairman Director Director Director • Brings 35+ years of resource company • Mining engineer with global experience • 25+ years in mineral project development • 25+ years in finance and execut
Slide 17: Upcoming Potential Catalysts
Upcoming Potential Catalysts ➢ Key Development Projects Registry Addition of the Santo Tomas project into registry maintained by the Ministry of Economy Mining Coordination Office – project advancement “Concierge” ➢ Environmental Baseline Studies Initiating baseline studies for Environmental Impact
Slide 18: Ian Graham, President & Director
Ian Graham, President & Director igraham@orocoresourcecorp.com +1-604-671-1353 May 2025 Oroco Resource Corp | Santo Tomás Porphyry Copper Project | TSXV:OCO 20
Slide 19: Appendix
APPENDIX May 2025 Oroco Resource Corp | Santo Tomás Porphyry Copper Project | TSXV:OCO 21
Slide 20: Mineral Resource Estimate August 2024
Mineral Resource Estimate August 2024* 1. Equivalent Copper (CuEq) percent is calculated with the formula CuEq% = ((Cu grade * Cu recovery [83.7% sulphide or 75.0% oxide] * Cu price) + (Mo grade * Mo recovery [59%] * Mo price) + (Au grade * Au recovery [53%] * Au price) + (Ag grade * Ag recovery [53
Slide 21: Notes to MRE – August 2024
Notes to MRE – August 2024 1. Mineral resources are not mineral reserves and do not have demonstrated economic viability. 2. Table abbreviations include: % = percent, g/t = grams per metric tonne, M lb = million pounds, Koz = thousand troy ounces. 3. The mineral resources are reported at an effectiv
Slide 22: Lake Impact Designed Out
Lake Impact Designed Out Richard Lock Diavik Diamond Mines – designed for water Ian Graham CEO & retention adjacent to open pits. Built by Richard President & Director Director Lock, Oroco’s CEO and Technical Director May 2025 Oroco Resource Corp | Santo Tomás Porphyry Copper Project | TSXV:OCO 24
Slide 23: Media Turnaround
Media Turnaround May 2025 Oroco Resource Corp | Santo Tomás Porphyry Copper Project | TSXV:OCO 25