Oroco Resource Advances Santo Tomás Copper Project with Government Support

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Oroco Resource Advances Santo Tomás Copper Project with Government Support

Oroco Resource ( (TSE:OCO) ) has issued an update.

Oroco Resource Corp. has made significant progress in advancing its Santo Tomás Copper Project in Sinaloa, Mexico, following meetings with state and federal officials. The project has received strong support from the Mexican government, which recognizes its potential for economic growth and job creation in the region. This support is crucial for incorporating the project into the Key Development Projects Registry, ensuring a clear path forward for its development.

More about Oroco Resource

Oroco Resource Corp. is a company engaged in the mining industry, primarily focusing on copper exploration and development. The company holds a significant interest in the Santo Tomas Project in northwestern Mexico, which encompasses a large area of mineral concessions with substantial copper porphyry mineralization.

YTD Price Performance: 71.43%

Average Trading Volume: 213,897

Technical Sentiment Signal: Sell

Current Market Cap: C$111.9M

See more insights into OCO stock on TipRanks’ Stock Analysis page.

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