Oroco Confirms Copper Resource at Santo Tomás South Zone

Oroco Resource Corp. has released the second batch of assay results from its Phase 2 drilling campaign at the Santo Tomás copper project in Sinaloa, Mexico, reinforcing confidence in the South Zone resource model.

The results cover drill holes S025, S026, S028 and S029, all located in the South Zone. The company stated that the findings align closely with the block model outlined in the August 2024 Technical Report, indicating a near-surface, low strip ratio resource with favorable capital intensity. Oroco's Phase 2 program is designed to upgrade and expand the resource base, and these latest intercepts support the geological continuity of the deposit.

For commodities traders, the confirmation of consistent copper grades at shallow depths is a positive signal for the project's development timeline. Copper remains a key industrial metal, with demand driven by electrification and infrastructure spending. Traders can monitor copper price movements on NowPrice's live commodities dashboard for real-time exposure to supply-side developments like this one.

Looking ahead, the market will watch for additional drill results from the remaining Phase 2 holes, as well as any updates on the preliminary economic assessment. The Santo Tomás project is one of several large copper deposits in Mexico, and its progress could influence regional supply expectations.