Oroco Resource (TSE:OCO) has released an update.
Oroco Resource Corporation has announced significant projected financial outcomes for its Santo Tomas Project in Mexico, with an after-tax Internal Rate of Return (IRR) of 22.2% and a Net Present Value (NPV) of $1.48 billion. The revised Preliminary Economic Assessment suggests robust profitability and a strategic mine expansion, promising a rapid post-tax payback period of 3.8 years from the start of concentrate production.
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