17
TSX-V: OCO Frankfurt: OR6 www.orocoresourcecorp.com

Oroco Resource Corp Oco.V March 1 09 Pdac

Embed Size (px)

Citation preview

Page 1: Oroco Resource Corp Oco.V March 1 09 Pdac

TSX-V: OCO

Frankfurt: OR6

www.orocoresourcecorp.com

Page 2: Oroco Resource Corp Oco.V March 1 09 Pdac

CAPITAL STRUCTURE AND CORPORATE DIRECTORY

Shares Issued and Outstanding 27,593,521

Management holdings and escrowedand pooled shares, subject to 3 year escrowand pooling restrictions (10,620,000)

Incentive Stock Options @ $0.55 for 5 years

Common Share Purchase Warrants@ $0.90 until Sept 12, 2009:

2,650,000

4,101,760

Common Share Purchase Warrants@ $0.55 until Sept 12, 2009:

Shares Issued and Outstanding Fully Diluted

800,000

35,145,281

Address: Suite 789999 W. Hastings St.Vancouver, BCCanada V6C 2W2

Auditors: Dale Matheson Carr-Hilton Labonte LLP

Legal Counsel: Morton & Company

T:604-688-6200F:[email protected]

Web Site: www.orocoresourcecorp.com

Stock Transfer Agent: Olympia Trust Company

Common Share Listing: TSX.V:OCOFrankfurt: OR6

OCO.v -TSX.v OR6 - Frankfurt 2

Page 3: Oroco Resource Corp Oco.V March 1 09 Pdac

PROJECT LOCATIONS

OCO.v -TSX.v OR6 - Frankfurt 3

Page 4: Oroco Resource Corp Oco.V March 1 09 Pdac

CERRO PRIETO PROJECT: LOCATION AND INFRASTRUCTURE

CERRO PRIETO MINE LOOKING NORTH

• Mining friendly Mexico; low costs, strong mining history

• Good paved road system in place

• Knowledgeable labor supply in nearby towns

• Property located next to National Power Grid

• Nearby water supply Nearby water supply

OCO.v -TSX.v OR6 - Frankfurt 4

Page 5: Oroco Resource Corp Oco.V March 1 09 Pdac

CERRO PRIETO PROJECT SURFACE PLAN

2008, Phase 1 Exploration Program Overseen by Ing. Antonio Montante

• 6,000 meter diamond drilling

• Twenty-Two diamond drill holes l t d 2009 D ill Pcompleted

• 100% success rate in hitting mineralized structure

• Program included mapping surface

2009 Drill Program

• Program included mapping, surface trenching and sampling along strike

• $1,250,000 program completed on time and on budget

• 43-101 Compliant Indicated and Inferred Resource

• Mineralization remains open on strike north and south and to depth

2009 D ill Pp

2009 Drill Program

OCO.v -TSX.v OR6 - Frankfurt 5

Page 6: Oroco Resource Corp Oco.V March 1 09 Pdac

CERRO PRIETO PROJECT MINERALIZATION

• Sub vertical orientation

• Up to 65 meters true thickness

• Oxide to 350 meters from surface

• Topographically amenable to open

it i ipit mining

OCO.v -TSX.v OR6 - Frankfurt 6

Page 7: Oroco Resource Corp Oco.V March 1 09 Pdac

CERRO PRIETO PROJECT LONGITUDINAL SECTION

Mineralization Open NorthOpen North and South Along Strike and to Depthp

OCO.v -TSX.v OR6 - Frankfurt 7

Page 8: Oroco Resource Corp Oco.V March 1 09 Pdac

CERRO PRIETO PROJECT LONGITUDINAL SECTIONMETAL DISTRIBUTIONMETAL DISTRIBUTION

Precious Metal Distribution

Lead-Zinc Distribution

OCO.v -TSX.v OR6 - Frankfurt 8

Page 9: Oroco Resource Corp Oco.V March 1 09 Pdac

$1 MILLION PHASE 1 PROGRAM COMPLETEDWITH EXCELLENT RESULTS

NI 43-101 COMPLIANT 25.3 MILLION TONNE INDICATED RESOURCE AND 4.7 MILLION TONNE INFERRED RESOURCE

Resource TONNES GOLD Grade SILVER Grade LEAD Grade ZINC GradeResource TONNES GOLD Grade SILVER Grade LEAD Grade ZINC GradeCategory (Millions) (ounces) (g/t) (ounces) (g/t) (Million lbs) (%) (Million lbs) (%)Indicated 25.3 422,145 0.52 6,981,641 8.6 189.2 0.34 567.6 1.02Inferred 4 7 25 635 0 17 2 925 313 19 4 54 8 0 53 174 7 1 69Inferred 4.7 25,635 0.17 2,925,313 19.4 54.8 0.53 174.7 1.69

OCO.v -TSX.v OR6 - Frankfurt 9

Page 10: Oroco Resource Corp Oco.V March 1 09 Pdac

EXTRAORDINARY EFFICIENCY OF EXPLORATION AND DISCOVERY COSTSEXPLORATION AND DISCOVERY COSTS

Discovery Rate per Exploration Dollar(1) 0.36 oz Au, 7.93 oz Ag, 195 lbs Pb, 594 lbs Zn.

Direct Finding Cost per Ounce Gold Eq.(2) <$1

(1) Based on Phase One costs of $1 250 000 and representing total contained metal in indicated and inferred resource(1) Based on Phase One costs of $1,250,000 and representing total contained metal in indicated and inferred resource

(2) Based on long term metal prices of $800 oz. Au, $14 oz. Ag, $0.90 lb Pb and Zn. For Comparison Purposes Only

OCO.v -TSX.v OR6 - Frankfurt 10

Page 11: Oroco Resource Corp Oco.V March 1 09 Pdac

BUDGET TO COMPLETION OF PREFEASIBILITY

PHASE 2 AND 3 PROGRAMS AND BUDGET 2009/2010 C$

Drill Program (Included Total Costs for Infill Drilling 1,000,000and Drilling at 100 Meter Intervals Along Strike

Preliminary Environmental Permitting, Engineeringand Metallurgy 250,000gy ,

Prefeasibility Study 3,750,000

TOTAL 5 000 000TOTAL 5,000,000

OCO.v -TSX.v OR6 - Frankfurt 11

Page 12: Oroco Resource Corp Oco.V March 1 09 Pdac

DRILL, DEFINE, MINE: CRITICAL PATH TO MINING

Jan 2009 Complete Resource Estimate, Begin Metallurgical Studies and Preliminary Mine Plan (Complete)

Mar 2009 Commence Infill and Extension Drilling

Sept 2009 Complete Infill and Extension Drilling Complete Environmental StudiesComplete Environmental Studies

Nov 2009 Complete Updated Resource Calculation Commence Prefeasibility Study

May 2010 Complete Prefeasibility Study

Aug 2010 Begin Mine Construction

Feb 2011 Complete Mine Construction

OCO.v -TSX.v OR6 - Frankfurt 12

Page 13: Oroco Resource Corp Oco.V March 1 09 Pdac

CERRO PRIETO 3D UNDERGROUND ANIMATION

OCO.v -TSX.v OR6 - Frankfurt 13

Page 14: Oroco Resource Corp Oco.V March 1 09 Pdac

THE CERRO PRIETO POLYMETALLIC PROJECT: HIGHLIGHTSTHE CERRO PRIETO POLYMETALLIC PROJECT: HIGHLIGHTS

• 100% OWNERSHIP INTEREST IN 27 SQ. KM OF CONCESSIONS CONTAINING SEVERAL KM OF STRIKE LENGTH OF MINERALIZED STRUCTURE

• CERRO PRIETO PURCHASE PRICE OF US $2.5 MILLION FULLY PAID

• FAVOURABLE LOCATION AND MINING LAWS

• SUCCESSFUL PHASE ONE EXPLORATION PROGRAM COMPLETED OCTOBER, 2008RESULTING IN 43-101 COMPLIANT INDICATED RESOURE OF 25.3 MILLION TONNE AND 4.7 MILLION TONNE INFERRED GOLD, SILVER, LEAD AND ZINC RESOURCE

OXIDE MINERALIZATION FROM SURFACE TO MAXIMUM DEPTH OF 350 METERS• OXIDE MINERALIZATION FROM SURFACE TO MAXIMUM DEPTH OF 350 METERS

• LOW DISCOVERY COSTS, MINERALIZATION OPEN ON STRIKE TO NORTH AND SOUTH AND TO DEPTH A PHASE 2 PROGRAM DESIGNED TO INCREASE RESOURCE

• POTENTIAL FOR LOW COST, OPEN PIT MINE: PRELIMINARY MINING PLAN UNDERWAY

OCO.v -TSX.v OR6 - Frankfurt 14

Page 15: Oroco Resource Corp Oco.V March 1 09 Pdac

Stephen M. Leahy, Executive Chairman, Director

• Founder of North American Tungsten

DIRECTORS

• Over 26 years of experience in venture capital

• Chairman, CEO, Director of North American Tungsten Ltd.

Ken Thorsen, President and CEO, Director

• Over 40 years of experience in the mining business

• 8 years with Selection Trust; 3 years with Cameco

• 21 years with Teck Corporation and 7 years as a consultant

• Senior Exploration Executive at Teck Cominco

including 2 year period as President of Teck Exploration Ltd.

Robert Friesen, Director

• Over 40 years of experience in mining and minerals exploration

• 7 years as Chief Geologist with Noranda Group

• 5 years as a Project Geologist with Teck Exploration Ltd.

Casey Forward, Director and Chief Financial Officer

• Over 25 years of accounting experience in North America and the

United Kingdom with numerous public companies

OCO.v -TSX.v OR6 - Frankfurt 15

Page 16: Oroco Resource Corp Oco.V March 1 09 Pdac

DISCLAIMER

Some of the statements contained herein may be forward-looking statements which involve known and unknown risks and uncertaintiesstatements which involve known and unknown risks and uncertainties. Without limitation, statements regarding potential mineralization and resources, exploration results, and future plans and objectives of the Company are forward looking statements that involve various degrees of risk The following are important factors that could cause the Company’srisk. The following are important factors that could cause the Company s actual results to differ materially from those expressed or implied by such forward looking statements: changes in the world wide price of mineral commodities, general market conditions, risks inherent in mineral e ploration risks associated ith de elopment constr ction and miningexploration, risks associated with development, construction and mining operations, the uncertainty of future profitability and the uncertainty of access to additional capital.

F f th d t il l f t th C ’ tFor further details please refer to the Company’s prospectus, news releases and Technical Report (NI 43-101) at www.sedar.com.

OCO.v -TSX.v OR6 - Frankfurt 16

Page 17: Oroco Resource Corp Oco.V March 1 09 Pdac

TSX-V: OCO

Frankfurt: OR6

www.orocoresourcecorp.comOCO.v -TSX.v OR6 - Frankfurt 17