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Article: Oroco Updates Cerro Prieto Progress.
- Article from:
- Marketwire Canada
- Article date:
- November 10, 2009
CopyrightCOPYRIGHT 2009 Canadian Corporate News. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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VANCOUVER, BRITISH COLUMBIA, Nov 10, 2009 (Marketwire via COMTEX) -- Oroco Resource Corp. (TSX VENTURE:OCO) ("Oroco" or "the Company") is pleased to provide the following updates on its 2009 drill program, and its preliminary studies and determinations with respect to engineering and project financing for its Cerro Prieto Project in Sonora State, Mexico.
Preliminary work on pit modeling has indicated a low strip ratio in the initial stages of a potential open pit mining operation. In order to provide a higher degree of certainty in the resource estimates for potential financing partners, the Company has determined that tighter drill spacing will be required in ...