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Oroco is focused on the development of a large copper deposit at the Santo Tomas project in coastal NW Mexico. Santo Tomas hosts a multi-billion pound copper resource, defined by historical drilling and currently being confirmed by ongoing exploration drilling by Oroco. Copper mineralization at Santo Tomas is located at surface and therefore potentially amenable to low cost mining methods, is very well located with respect to the infrastructure that’s essential to a large mining operation, and Mexico is among the world’s top mining jurisdictions, with laws and trade agreements that protect the rights of mining companies. Since commencing exploration and resource definition at Santo Tomas three years ago, Oroco has made a series of rapid advances, and the year ahead is rich with catalysts such as a formal resource definition and economic evaluation, each of which carries the possibility of a company valuation rerating. These milestones will be achieved against the backdrop of a positive forecasts for the price of copper, possibly to historical highs as a result of dramatic shifts in metal’s importance to industrial and consumer markets.
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Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.