Oroco Resources Corp : October 22 2012 Xochipala Amparo Filed
October 23, 2012
Oroco Resource Corp. announces that its wholly-owned subsidiary, Minera Xochipala S.A. de C.V. has been served with notice of an “amparo” petition seeking to overturn the registration to MX by the Mexican Public Registry of Mining of an interest in the Celia Gene and Celia Generosa mineral concessions located in Guerrero State, Mexico. The registration process in question began with an application by MX in March, 2008 to the PRM for registration of its 2007 acquisition of the Xochipala Concessions, including the interest purchased from the estate of a Mexican citizen, Hector Camacho (the “Camacho Estate”), which constituted fifty percent (50%) of the Celia Gene concession and all (100%) of the Celia Generosa concession.
