Oroco Resource Corp. (OCO.V) - Company News & Updates

Seasoned Veteran Joined : 29 Mar 2008 Posts : 218

Hi all,

News is out on OCO this morning and it looks very good IMO.

Cheers,

cvac01

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http://www.orocoresourcecorp.com/News-Releases/06-16-08.html

Oroco Intersects 0.214 g/t Au, 361.8 g/t Ag, 2.40% Pb and 4.76% Zn over 11.2 Meters

VANCOUVER, BRITISH COLUMBIA – June 16, 2008. Oroco Resource Corp. (OCO-TSX.V) is pleased to report results from its drill program on the Cerro Prieto program in Sonora State, Mexico.
Highlights of the drilling include:

Drill hole CP001 intersected 15.0 meters (8.3 m true thickness) averaging 2.449 g/t Au, 3.2 g/t Ag, 0.24% Pb and 0.56% Zn
Drill hole CP002 intersected 11.2 meters (7.0 m true thickness) averaging 0.214 g/t Au, 361.8 g/t Ag, 2.40% Pb and 4.76% Zn

To date a total of 1,426.8 meters has been completed in six diamond drill holes. The holes have been targeted to confirm and expand a 725 meter long mineralized zone previously outlined by Morgain Minerals in 1998 and 1999. Morgain calculated a resource of 8.5 million tons with a 4.4 g/t Au equivalent (the resource was calculated prior to NI43-101).
The mineralized zone at Cerro Prieto consists of a shear zone up to 60 meters thick with an abundance of quartz veining, brecciation, stringer sulphides and oxides. Often, the bottom contact of the shear zone consists of a brecciated, mineralized quartz vein up to 10 meters thick. Oroco geologists previously sampled an underground adit along the mineralized zone that assayed an average of 3.45 g/t Au, 6.22 g/t Ag, 0.54% Pb and 1.27% Zn over a sampled strike length of 408 metres on the 800 level.
The locations of the six completed holes and the next ten planned holes are shown on the longitudinal section on the Oroco website (http://www.orocoresourcecorp.com/images/Longitudinal-Section.jpg ).
Assays have been received for the first two holes and are presented in the following table.
Oroco Res. Corp. Phase I Drill Program Holes CP001 and CP002

Hole	From	To	Length	True	Au	Ag	Pb	Zn
				Width
	(m)	(m)	(m)	(m)	(g/t)	(g/t)	(%)	(%)

CP001	54.9	152.0	97.1	53.5	0.644	4.9	0.13	0.38
incl.	71.5	74.0	2.5	1.4	2.008	94.1	0.50	0.92
and	108.0	109.9	1.9	1.1	1.761	2.5	0.14	0.52
and	137.0	152.0	15.0	8.3	2.449	3.2	0.24	0.56

CP002	169.2	256.2	87.0	47.0	0.109	50.8	0.46	1.01
incl.	220.6	231.8	11.2	7.0	0.214	361.8	2.40	4.76

Core is split with a diamond saw on site and half of the core is placed in plastic sample bags. A company employee delivers the samples to the ALS Chemex preparation laboratory in Hermosillo. The samples are crushed and a portion is pulverized which is sent to the ALS Chemex laboratory in Vancouver Canada for assaying. Oroco also has a Quality Assurance – Quality Control program in place to ensure accuracy of sampling and assaying.
The project is being run in the field by Antonio Montante, an experienced geologist from San Luis Potosi. The project is supervised by Ken Thorsen, a director of the company and the company’s Qualified Person.
Oroco is a Canadian mineral exploration company which holds a 100% interest in six mineral concessions in Mexico. The company is initially focused on its Sonora concessions, comprising the Cerro Prieto Mine and the nearby 2,508 hectare Cerro Prieto North concession. In addition, Oroco holds three mining concessions in the state of Guerrero totaling 293 hectares.
Director Ken Thorsen, BSc Geological Engineering, P Eng, is the company's Qualified Person for the Cerro Prieto Project. Mr. Thorsen is responsible for the current exploration and development program and has reviewed the content of this release.
“Stephen Leahy”
President

------------------------------

Here is a copy of the Drill Map

Seasoned Veteran Joined : 29 Mar 2008 Posts : 218

May 21, 2008
Oroco Resource Corp.: Initial Drill Holes Intersect Mineralized Structure at Cerro Prieto Mine

http://www.marketwire.com/mw/search.do?params=&grpSearch=C&companyid=49140

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 21, 2008) - Oroco Resource Corp. (TSX VENTURE:OCO) is pleased to report on the progress of its Phase One drilling program recently initiated within the area of the past producing Cerro Prieto Mine in Sonora, Mexico. The 6,000 metre diamond drill program is intended to confirm historical results and test below and beyond the historical workings.

Since the commencement of drilling on April 22nd, three holes have been completed and the fourth is nearing completion for a total of 941 metres drilled. All three completed holes have intersected the targeted structural zone as shown on the longitudinal section on Oroco's web site: (http://caprice.websitewelcome.com/%7Eoroco/images/Longitudinal-Section.jpg).

The first hole drilled, CP001, twinned drill hole SF-11 of the 1998 Morgain Minerals Inc. drill program. Morgain's drill hole SF-11 returned a 70.1 metre intersection (35.0 metres true width) averaging 2.69 g/t Au, 5.0 g/t Ag, 0.30% Pb, and 1.02% Zn, including a 15.3 metre intersection (7.7 metres true width) averaging 6.81 g/t Au, 9.1 g/t Ag, 0.35% Pb, and 1.16% Zn. Although assays have not been returned for Oroco's CP001, the thickness of the mineralized zone is comparable to that reported in Morgain's drill hole SF-11.

Oroco's second hole, CP002, intersected the mineralized zone 100 metres northwest of, and 100 metres deeper than CP001. The third hole, CP003, intersected the mineralized zone 100 metres northwest of, and at the same elevation as CP001. Both holes intersected significant zones of mineralization (+40 metres apparent thickness). The fourth hole, CP004, is targeted to intersect the mineralized zone 100 metres northwest of, and at the same elevation as CP003.

The drilling is being completed by Canmex Diamond Drilling S.A. de C.V. of Mazatlan and is being supervised in the field by geologist Antonio Montante of San Luis Potosi.

Split core is transported to the ALS Chemex Laboratory in Hermosillo where it is crushed and pulverized, with pulps sent to the ALS Chemex laboratory in Vancouver, B.C. for assaying. Assays for holes CP001, CP002, and CP003 are pending. Oroco has a standard Quality Assurance/Quality Control program in place to ensure sample security and assay accuracy.

Oroco is a Canadian mineral exploration company which holds a 100% interest in six mineral concessions in Mexico. The company is initially focused on its Sonora concessions, comprising the Cerro Prieto Mine and the nearby 2,508 hectare Cerro Prieto North concession. In addition, Oroco holds three mining concessions in the state of Guerrero totaling 293 hectares.

Director Ken Thorsen, BSc Geological Engineering, P Eng, is the company's Qualified Person for the Cerro Prieto Project. Mr. Thorsen is responsible for the current exploration and development program and has reviewed the content of this release.

Stephen Leahy, President

Forward Looking Statements: This news release contains certain forward looking information concerning the business of the Company. These forward looking statements are based on the opinions of management at the date the statements are made and are based on assumptions and subject to a variety of risks and uncertainties and other factors that could cause actual events to differ materially from those projected in forward looking statements. These risks are further described in the Company's prospectus dated February 12, 2008, which is available at www.sedar.com.

The Company is under no obligation to update forward looking statements if circumstances or management's opinions should change, except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward looking statements.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release.

CONTACT INFORMATION:
Oroco Resource Corp.
Stephen Leahy
President

Seasoned Veteran Joined : 29 Mar 2008 Posts : 218

April 30, 2008
Oroco Announces First Sampling Results From Cerro Prieto North Property

http://www.marketwire.com/mw/search.do?params=&grpSearch=C&companyid=49140

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 30, 2008) - Oroco Resource Corp. (TSX VENTURE:OCO) is pleased to announce the results of a recent mapping and sampling program on its 100% owned Cerro Prieto North claim, part of its Cerro Prieto project in Sonora, Mexico.

Highlights of the sampling include:

1) 2.11 g/t Au and 142.0 g/t Ag over 0.6 meters

2) 2.18 g/t Au and 134.0 g/t Ag over 1.2 meters

3) 1.70 g/t Au, 115.0 g/t Ag, 2.26% Pb and 3.17% Zn over 1.0 meter

The southern boundary of the 2,508 ha Cerro Prieto North claim is located approximately two and one-half kilometers north of the historical Cerro Prieto Mine, situated on Oroco's San Felix and San Francisco concessions, where a drill program is currently underway. The northwest striking structural zone can be traced geologically across 1.7 kilometres of strike length of the San Felix and San Francisco concessions and onto the Cerro Prieto North concession. It outcrops on the Cerro Prieto North property over a strike length of approximately 300 meters starting approximately 2.6 kilometres north of the property boundary. In total, the structure has a potential strike length of 4.8 kilometers on the Cerro Prieto North property.

The geological structure in this location is relatively steeply dipping and intersects relatively flat lying sediments and volcanics. An Oroco geologist recently began sampling and mapping the showings and general geology of the area. Results from the sampling along the 300 meter zone are shown in Table 1, below. Locations of the samples can be seen on the company's web site at www.orocoresourcecorp.com. Highly anomalous gold and silver values are accompanied by anomalous to highly anomalous lead and zinc values in the majority of the samples and indicate mineralization similar to that seen in the historical workings at the Cerro Prieto Mine. Samples FCO 001 and FCO 002, FCO 005 and FC 006, FC 008 and FC 009, and FC 015 and FC 016 represent contiguous samples taken across the total width of the mineralized zone.

Length Au Ag Pb Zn
Sample (m) (g/t) (g/t) (%) (%)

FCO 001 1.2 0.342 93.2 0.34 0.28

FCO 002 0.6 2.110 142.0 0.90 0.24

FCO 003 0.9 0.851 31.6 0.30 0.22

FCO 004 grab 0.090 31.0 0.09 0.04

FCO 005 1.2 2.180 134.0 0.44 0.43

FCO 006 1.1 1.960 139.0 0.23 0.26

FCO 007 1.3 0.268 200.0 0.15 0.24

FCO 008 0.4 0.330 143.0 0.26 0.09

FCO 009 0.85 1.240 132.0 0.22 0.08

FCO 010 Grab 0.194 87.8 0.17 0.09

FCO 011 0.4 0.146 107.0 0.24 0.20

FCO 012 0.3 0.084 33.3 0.05 0.07

FCO 013 0.3 0.162 111.0 0.07 0.10

FCO 014 0.8 0.400 47.9 0.32 0.79

FCO 015 1.0 1.700 115.0 2.26 3.17

FCO 016 0.5 0.031 1.1 0.04 0.04

FCO 017 1.0 0.616 28.9 0.71 1.40
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Regarding the significance to the Cerro Prieto Project of the identification of the mineralized structure and the assay results, Oroco President and CEO Stephen Leahy stated: "We are extremely encouraged by the strong mineralization such at these outcroppings several kilometers along strike from the Cerro Prieto Mine."

Oroco is planning an extensive trench and sampling program on the Cerro Prieto North claim to further delineate the mineralized zone and a geophysical program to the north and south of the outcrop area to trace the zone under cover. The results from this follow-up program will assist in defining future drill programs.

Details of the Cerro Prieto Project may be found at: http://www.orocoresourcecorp.com/Cerro-Prieto-Project.html

Oroco is a Canadian mineral exploration company which holds a 100% interest in six mineral concessions in Mexico. The company is initially focused on its three Sonora concessions, comprising the Cerro Prieto Mine, a historic polymetallic deposit, and the nearby 2,508 hectare Cerro Prieto North concession. In addition, Oroco holds three mining concessions in the state of Guerrero totaling 293 hectares.

Director Ken Thorsen, BSc Geological Engineering, P Eng, is the company's Qualified Person for the Cerro Prieto Project. Mr. Thorsen is responsible for the current exploration and development program and has reviewed the content of this release.

Stephen Leahy, President

Forward Looking Statements: This news release contains certain forward looking information concerning the business of the Company. These forward looking statements are based on the opinions of management at the date the statements are made and are based on assumptions and subject to a variety of risks and uncertainties and other factors that could cause actual events to differ materially from those projected in forward looking statements. These risks are further described in the Company's prospectus dated February 12, 2008, which is available at www.sedar.com.

The Company is under no obligation to update forward looking statements if circumstances or management's opinions should change, except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward looking statements.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release.

CONTACT INFORMATION:
Oroco Resource Corp.
Stephen Leahy
President

Seasoned Veteran Joined : 29 Mar 2008 Posts : 218

Oroco Resource Corp. Commences Phase One Drilling Program at Past Producing Cerro Prieto Mine

11:32 EDT Thursday, April 24, 2008

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 24, 2008) - Oroco Resource Corp. (TSX VENTURE:OCO) is pleased to announce that it has initiated its 2008 drilling program at its wholly owned Cerro Prieto project in Sonora, Mexico. On April 22, Phase I diamond drilling commenced at the Cerro Prieto project for the purpose of confirming historic drill results, potentially expanding the mineralized zone and developing a NI 43-101 compliant resource. Oroco has contracted Canmex Diamond Drill S.A. de C.V. of Mazatlan, Mexico to conduct the Phase I drilling.

In the four weeks since the completion of Oroco's Initial Public Offering the company has been successful in securing surface access rights for the Cerro Prieto project, has engaged a crew managed by geologist Antonio Montante of San Luis Potosi, Mexico, and has secured the necessary machinery and infrastructure to conduct a comprehensive field program.

Oroco's 2008 Phase I exploration program will include a 6,000 metre diamond drilling program in the area of the past producing Cerro Prieto Mine to confirm historic results and test below the historic workings. The program will also include surface mapping, sampling within the historic Cerro Prieto Mine workings and surrounding property, trenching across the vein systems at 200 metre intervals, ground geophysical surveys and initial small scale (bench) metallurgical testing. A contingent Phase II program will include an additional 20,000 metres diamond drilling including detailed infill, extension surface drilling and underground drilling, and will also include rehabilitation and mapping of underground workings.

Details of the Cerro Prieto Project may be found at:

http://www.orocoresourcecorp.com/Cer...o-Project.html.

Oroco is a Canadian mineral exploration company which holds a 100% interest in six mineral concessions in Mexico. The company's primary focus is the Cerro Prieto Mine, a historic polymetallic deposit in Sonora, Mexico and the nearby 2,508 hectare Cerro Prieto North concession. In addition, Oroco holds three mining concessions in Guerrero, Mexico totaling 293 hectares.

Director Ken Thorsen, BSc Geological Engineering, P Eng, is the company's Qualified Person for the Cerro Prieto Project. Mr. Thorsen is responsible for the current exploration and development program and has reviewed the content of this release.

Stephen Leahy, President

Forward Looking Statements: This news release contains certain forward looking information concerning the business of the Company. These forward looking statements are based on the opinions of management at the date the statements are made and are based on assumptions and subject to a variety of risks and uncertainties and other factors that could cause actual events to differ materially from those projected in forward looking statements. These risks are further described in the Company's prospectus dated February 12, 2008, which is available at www.sedar.com.

The Company is under no obligation to update forward looking statements if circumstances or management's opinions should change, except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward looking statements.

FOR FURTHER INFORMATION PLEASE CONTACT:

Oroco Resource Corp.
Stephen Leahy
President

Seasoned Veteran Joined : 29 Mar 2008 Posts : 218

Oroco Resource Corp. Completes Acquisition of a 100% interest in the Cerro Prieto Mine

VANCOUVER, BRITISH COLUMBIA – April 9, 2008 - Oroco Resource Corp. (TSX-V: OCO ) is pleased to announce that it has completed the acquisition of the San Francisco and San Felix concessions, containing the past producing Cerro Prieto Mine, located in the state of Sonora, Mexico.

Using funds from the company's CAN $4.4 million initial public offering Oroco has made the final payment of US $1.5 million to the Cerro Prieto property vendors, bringing the total price paid for the San Felix and San Francisco concessions to US $2.5 million. Minas de Oroco Resources S.A. de C.V., a wholly owned subsidiary of Oroco, now holds a 100% ownership interest in the San Felix and San Francisco mining concessions, subject to a 2% NSR payable to the property vendors.

These concessions, together with Oroco's 100% owned Cerro Prieto North concession collectively comprise the 2,723 hectare Cerro Prieto Project. The project is focused on the historic Cerro Prieto Mine and the contained 6.5 km strike length of the geological structure that hosts the mine.

THE CERRO PRIETO PROJECT

The Cerro Prieto Project is located in the Cucurpe Mining District, northern Sonora, Mexico. Access from the regional centre of Magdalena de Kino (population 40,000) is by 40 kilometres of paved road and 12 kilometres of well maintained dirt road. Major electricity transmission lines are less than five kilometres from the project and water is available on site. The Cerro Prieto Mine operated from 1906 with production reportedly between 500 and 720 tpd of gold and silver ore grading three to 15 g/ton Au and 50 to 60 g/ton Ag. Mining operations ceased in 1912 at the time of the Mexican Revolution and were never resumed. In 1998, Morgain Minerals Inc. conducted a reverse circulation drill program of 23 holes collared from surface and contained within the area of historical workings over approximately 800 metres of strike length of the mineralized shear zone and to a depth of no greater than 335 metres.

Mineralization (Pb-Zn-Au-Ag-Mo) at the Cerro Prieto Mine is contained in veins within an approximately 25 metre thick major shear zone which cuts all units from Jurassic to Lower Tertiary. Within this shear zone are contained hanging wall and footwall veins, both of which are one to three metres thick and dip steeply, as well as a series of secondary veins, stringer zones and silicification, ranging up to 40 centimetres thick, which together with the major veins produce a continuous mineralized zone from six metres to in excess of 30 metres thick. The principal structure is a regional structure that can be traced for approximately 10 kilometres north and south of the mine with approximately 6.5 kilometres of strike length contained on Oroco's concessions. At the mine site the structure strikes 350° and dips vertical to 80°. Known mineralization extends from surface to below the lowest level of the historic workings approximately 335 metres below, and is open at depth, to the north and to the south.

EXPLORATION

Exploration to date by Oroco has confirmed mineralization consistent with that reported by previous exploration programs. The average assays of the samples taken by Oroco across the vein on the 800 level haulage drift of the Cerro Prieto Mine are 3.45 g/T Au, 6.22 g/T Ag, 0.54% Pb, and 1.27% Zn over a sampled strike length of 408 metres. The highest assay values reported within the historic workings on all levels sampled in Oroco's exploration to date are 43.00 g/T Au, 1,050.0 g/T Ag, >30% Pb, 11.30 % Zn, and 0.605% Mo.

Oroco's 2008 Phase I exploration program will include a 6,000 metre diamond drilling program in the area of the past producing Cerro Prieto Mine to confirm historic results and test below the historic workings. The program will also include surface mapping, sampling within the historic Cerro Prieto Mine workings and surrounding property, trenching across the vein systems at 200 metre intervals, ground geophysical surveys, and initial small scale (bench) metallurgical testing. A contingent Phase II program will include an additional 20,000 metres diamond drilling including detailed infill, extension surface drilling and underground drilling, and will also include rehabilitation and mapping of underground workings.

Details of the Cerro Prieto Project may be found at:

http://www.orocoresourcecorp.com/Cer...o-Project.html .

Oroco is a Canadian mineral exploration company which holds a 100% interest in six mineral concessions in Mexico. The company's primary focus is the Cerro Prieto Mine, a historic polymetallic deposit in Sonora, Mexico and the nearby 2,508 hectare Cerro Prieto North concession. In addition Oroco holds three mining concessions in Guerrero, Mexico totaling 293 hectares.

Director, Ken Thorsen, BSc Geological Engineering, P Eng, is the company's Qualified Person for the Cerro Prieto Project. Mr. Thorsen is responsible for the current exploration and development program and has reviewed the content of this release.

Stephen Leahy

President

For further information, please contact:

Oroco Resource Corp. Tel: