Oroco Resource Corp.
Oroco Resource holds a net 87.0% interest in the core concessions, and 80% of the surrounding concessions, of the Santo Tomás porphyry copper-molybdenum-gold-silver project in Sinaloa, Mexico, near Grupo México's operating La Caridad mine. Its August 2024 preliminary economic assessment (Ausenco, effective 15 August 2024) describes a 22.6-year open-pit mine with initial capital of US$1,103.5M, an after-tax NPV (8%) of US$1,475.4M and a 22.2% after-tax IRR at US$4.00/lb copper, on a resource of 540.6 Mt indicated at 0.37% CuEq and 530.3 Mt inferred at 0.35% CuEq across the North and South Zones. The company closed an upsized roughly C$23 million bought-deal financing in January 2026 to fund Pre-Feasibility Study drilling and environmental/permitting work, and appointed Charles Cryer as CEO effective June 16, 2026.
Notable vs. Peers
- Jurisdiction risk score of 5/10 is meaningfully riskier than the peer average of 7.7/10.
Lifecycle Milestones
Jurisdiction (40%)5/10
Mexico has a long mining tradition, but Sinaloa state specifically carries elevated organized-crime and security risk beyond Mexico's general mining-jurisdiction profile, which already trails top-tier North American peers on regulatory and rule-of-law grounds.
Infrastructure (40%)No verified figure
Researched with nothing found: no source we could cite confirms or rules out an existing mill, road access, grid power, or tailings facility at Santo Tomás Copper Project, Sinaloa, Mexico (checked Sep 30, 2026; recheck due Mar 29, 2027). Counts at a neutral 5/10 until one does.
Nearby producing mine (20%)Not yet researched
No producing mine within 50 km in our reference list (nearest listed: Palmarejo (Coeur Mining, Inc.), 59 km). That list doesn't cover every mining district yet, so a longer distance isn't scored as remote.
Acquisition Susceptibility
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.
How this score is built
- Disclosed pending dealSub-score: Not scored
No pending acquisition or merger disclosed (checked)
Not scored: having no deal in flight isn't held against a company.
Weight 26.25% - Producer's strategic stakeSub-score: Not scored
No producer holds a disclosed stake on file (holder register researched) See holders
Not scored: most juniors that do get bought had no prior toehold, so a missing stake says little either way.
Weight 25% - Distance to a producing mineSub-score:4.7/10
Nearest producing mine: Palmarejo (Coeur Mining, Inc.), 59 km
10 next to a producing mine, 8 at 20 km, 5 at 50 km, 0 beyond 200 km.
Weight 22.5% · 46% here - Lifecycle stageSub-score:6/10
Stage: Preliminary Economic Assessment
Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.
Weight 15% · 31% here - JurisdictionSub-score:5/10
Mexico: jurisdiction score 5/10
Our jurisdiction score, used as is: higher means lower political and permitting risk.
Weight 6.75% · 14% here - CommoditySub-score:8/10
Primary commodity: Copper
Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.
Weight 4.5% · 9% here
Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.
Your Rankings
Management Team
Executive Chairman of Oroco Resource Corp. 35 years of financial, investment and corporate governance experience; former President and Director of ATM Mining Corp.
Chief Executive Officer and Director of Oroco Resource Corp., appointed effective June 16, 2026. Over 30 years in global capital markets and investment banking, including as Head of London for RFC Ambrian and roles at Nomura International and Bank of America Merrill Lynch; earlier career as an exploration and field engineer on North Sea oil rigs for Schlumberger. Bachelor of Engineering (Mining Engineering), University of Leeds; Postgraduate Master's Diploma in Environmental Pollution Science, Brunel University.
President of Oroco Resource Corp.; also a director of Pantera Silver Corp. Over 20 years in mineral deposit development and exploration; former Chief Geologist with Rio Tinto's Project Generation Group, working on major projects including Resolution Copper and Diavik Diamond Mine. BSc (Hons) Geology, University of KwaZulu-Natal; also studied geology at the University of Regina.
Chief Financial Officer of Oroco Resource Corp. (CFA, CIM) Over 25 years with public and private natural resource companies; Principal of Vanry Capital Partners, specializing in facilitating private-to-public transitions. Member of the CFA Institute and the Vancouver Society of Financial Analysts.
Corporate Secretary of Oroco Resource Corp. Practicing lawyer since 1990, specializing in resource law.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
Checked and nothing turned up. Oroco publishes no shareholder register and its recent news record names no strategic investor, joint-venture partner or placement participant — the disclosure is entirely technical, covering Santo Tomas drilling and the PEA that put post-tax NPV at $1.475 billion. Institutional ownership is 0.9% and management holds 7.8%. No producer, specialist fund or insider buying could be confirmed.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
Oroco Resource holds a net 87.0% interest in the core concessions of the Santo Tomás porphyry copper-molybdenum-gold-silver project in Sinaloa, Mexico, near Grupo México's La Caridad mine. Its current study is an August 2024 preliminary economic assessment (Ausenco, effective 15 August 2024): a 22.6-year open-pit mine with initial capital of US$1,103.5M, an after-tax NPV (8%) of US$1,475.4M and a 22.2% after-tax IRR at US$4.00/lb copper, on a resource across the North and South zones of 540.6 Mt indicated at 0.37% CuEq and 530.3 Mt inferred at 0.35% CuEq. Phase 2 drilling, 42 holes and 12,649.3 m so far, is aimed mainly at upgrading South Zone inferred resources to indicated and collecting geotechnical, hydrogeological and metallurgical data, ahead of a pre-feasibility study targeted for the second or third quarter of 2027. Charles Cryer became chief executive on 16 June 2026.