Oroco Resources Corp. · TSXV:OCO
Oroco Resources — Oroco Resource — Investor Presentation (April 2024)
20 slides from Oroco Resources's investor presentation, April 2024
Slide 1: Oroco Resource Corp. April 2024
Oroco Resource Corp. April 2024 TSX-V: OCO Frankfurt: OR6 US: ORRCF
Slide 2: Oroco Resource Corp.
Oroco Resource Corp. Oroco Resource Corp. (TSX-V:OCO, US:ORRCF), founded in 2006, is a Canadian mineral exploration company with a history of and expertise in the • Craig Dalziel – Executive Chairman development of resource opportunities in Mexico. • Richard Lock – CEO and Director Oroco is led by a
Slide 3: NI 43-101 Compliant Preliminary Economic Assessment (October 2023)
NI 43-101 Compliant Preliminary Economic Assessment (October 2023) • PEA firmly demonstrates the economic viability of the Santo Tomas Project • Excellent infrastructure, simple metallurgy, a cohesive and consistent grade distribution, and a low strip ratio • Several existing opportunities for resou
Slide 4: NI 43-101 Compliant Mineral Resource Estimate
NI 43-101 Compliant Mineral Resource Estimate: 4,579 Mlbs CuEq Indicated, 4,166 Mlbs CuEq Inferred TSX - V: O C O F r a n k fu r t : O R6 U.S .: O RRC F
Slide 5: Consistently growing shareholder value
Consistently growing shareholder value Q4 2023 and 2024 Phase Two exploration started Q4 2023. Focus on expanding October ’23: Preliminary surface oxide copper mapping Economic Assessment with coverage in South Zone. updated Mineral Resource Estimate. Optimization of mine plan and with potential to
Slide 6: >CAD$60 Million invested in the 2020-2023 technical work program
>CAD$60 Million invested in the 2020-2023 technical work program 14 km2 of deep, 3D, Induced Polarization ("DCIP") geophysical survey by Dias Geophysical 76 drill holes/49,000m of drilling with 5000m of strike length tested Environmental baseline study/EIA/water strategy/tailings storage/permi
Slide 7: Outcropping and near surface, horizontally oriented mineralization
Outcropping and near surface, horizontally oriented mineralization with positive implications for the strip ratio and energy related mining costs. 70% of resource is hosted in ridge: potential for energy related costs saving N-S striking ridge hosting 70% of the identified resource, leading to low s
Slide 8: Santo Tomas Project: Highly developed infrastructure in La Entrada al Pacífico
Santo Tomas Project: Highly developed infrastructure in “La Entrada al Pacífico” Located at low elevation in the "La Entrada al Pacífico” corridor, a multimodal trade & transportation initiative supported by the US and Mexican governments Tier One mining jurisdiction with a strong local mining c
Slide 9: Juntos Somos Mas – Strong community and government support
“Juntos Somos Mas” – Strong community and government support Topolobampo Port Visit with Secretary for the Economy, Sinaloa State: CEO Richard Lock, President Ian Graham, and QP Andrew Ware, tour of the Port of Topolobampo hosted by Lic. Javier Gaxiola Coppel, Secretary of the Economy for the State
Slide 10: Leverage to rising copper prices
Leverage to rising copper prices Sensitivity Summary Post-Tax NPV 8% ($M) Sensitivity Summary Post-Tax IRR (%) $3,000 30.0% $2,500 25.0% $2,000 20.0% $1,500 15.0% $1,000 10.0% $500 5.0% – 0.0% -20% -10% 0% 10% 20% -20% -10% 0% 10% 20% Commodity Price (+/-%) Total Opex (+/-%) Initial Capex (+/-%) Com
Slide 11: Mexico: A Mining Giant and global economic powerhouse
Mexico: A Mining Giant and global economic powerhouse Mexico is a stable economic powerhouse: 14th ranked economy by GDP; 12th largest global crude oil producer, diversified and integrated into N. American economies through membership in USMCA (NAFTA) Trade Agreement. FDI surging in 2022 and 2023 Wo
Slide 12: Sinaloa State: An economic powerhouse and large FDI recipient
Sinaloa State: An economic powerhouse and large FDI recipient • Sinaloa sits in a privileged geographical location providing access to international markets, with excellent logistics and infrastructure • Mexico’s largest exporter of agricultural projects • Second largest fishing fleet in the country
Slide 13: Sinaloa State: An economic powerhouse and large FDI recipient
Sinaloa State: An economic powerhouse and large FDI recipient Dubai, United Arab Emirates, December 7th 2023. The International Finance Corporation (IFC), a member of the World Bank Group, and Transition Industries LLC signed at COP28 an agreement to jointly develop the Pacífico Mexinol project, a 6
Slide 14: Investment Highlights
Investment Highlights Preliminary Economic Assessment(Oct 17, 2023): Pre-Tax NPV (8%) of US$2.3 billion, Pre-Tax IRR of 23.0%. Average annual copper production of 236 M lbs. (292 M lb. per year over first 5 years of full production), 20 Yr. mine Life, $20.55 billion LOM revenue @$3.85/lb. copper
Slide 15: Cantor Fitzgerald – Research coverage initiated – July 10, 2023
Cantor Fitzgerald – Research coverage initiated – July 10, 2023 Cantor Fitzgerald’s October 18, post-PEA announcement update may be downloaded here October 18, 2023: : “Robust PEA for Santo Tomas” Share price target: near term: CAD $1.60, long term +$4.00 “Good Value: On a P/NAV basis, OCO trades at
Slide 16: Copper: Demand from New Technologies to Surge
Copper: Demand from New Technologies to Surge "Of all the metals used in the generation, transmission, storage, and consumption, copper remains the common denominator…Electricity generation, transmission infrastructure, energy storage, and consumption all require copper” - Stifel Financial Corp., Ja
Slide 17: Goldman Sachs Commodities Research: Copper is the new oil
Goldman Sachs Commodities Research: Copper is the new oil No decarbonization without copper The green transition will support a surge in copper demand The copper market is unprepared for this critical role Sticky supply threatens to deplete copper stocks by 2025 Copper on a necessary path
Slide 18: Copper: New Supply Faces Challenges
Copper: New Supply Faces Challenges Dramatically lower rate of discovery....historically low copper mine project pipeline....underinvestment in growth, and.... TSX - V: O C O F r a n k fu r t : O R6 U.S .: O RRC F
Slide 19: Copper: New Supply Faces Challenges
Copper: New Supply Faces Challenges ..depleting mines, declining grades and deeper deposits....prolonged permitting processes and failures to gain social license. TSX - V: O C O F r a n k fu r t : O R6 U.S .: O RRC F
Slide 20: Oroco Resource Corp. April 2024
Oroco Resource Corp. April 2024 TSX-V: OCO Frankfurt: OR6 US: ORRCF