OROCO Resource Corp $ORRCF $OCO - EXCLUSIVE INTERVIEW: Ian Graham Project EXPANSION UPDATE
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The video features an exclusive interview with Ian Graham of OROCO Resource Corp, providing a detailed field update from their project site in Mexico. Graham highlights the team's enthusiastic progress and the challenging but rewarding conditions they faced, including extreme heat and recent thunderstorms that necessitated early departures from certain sites. The core focus remains on the Sto. Thomas project, which is advancing toward a prefeasibility study, while a significant strategic expansion has been achieved through an option agreement on the Vineer property. This acquisition adds substantial value by incorporating replacement deposits containing zinc, gold, silver, and iron oxides, alongside historical evidence of porphyry systems that aligns with the company's geological understanding of the region.
Graham explains the geological rationale behind the Vineer expansion, noting that it sits equidistant from the known Sto. Thomas porphyry center and the Baharachi deposit to the north, fitting a common pattern in volcanic centers where mineralized occurrences are roughly equally spaced. The team has identified compelling indicators at Vineer, including extensive breccias with carbonate copper mineralization and replacement features similar to those found at Sto. Thomas. Despite some historical excavations being cut short by weather, the site visits revealed significant magnetic features and alteration zones that suggest a large system is present. The company now holds claims encompassing almost all known showings in this area, positioning them to isolate the center of the system and drill compelling test holes to define the true potential of the new property.
Looking ahead, OROCO is preparing to finance its Phase 2 program at Sto. Thomas while simultaneously initiating resource drilling at Vineer later in the year. Graham emphasizes a long-term bullish outlook on copper prices, noting that their project economics are robust even with current market volatility, which he attributes largely to inventory management issues rather than fundamental supply problems. He also points to a positive shift in the regulatory environment in Mexico, citing recent permits for open-pit expansions and steady government support as key factors enabling the company's advancement. The board and management are confident that these developments will facilitate Canadian institutional financing in the fall, allowing them to underwrite the prefeasibility study without waiting until 2026.
The interview concludes with a strong message of optimism for investors, encouraging patience as the company transitions from a period of regulatory uncertainty to one of active development and value creation. Graham expresses excitement about the "string of pearls" strategy that has unfolded, describing the combination of Sto. Thomas, Vineer, and Baharachi as a fortunate series of events that have created a unique opportunity. The team is eager to capitalize on this momentum, with plans to raise capital shortly after summer to fund exploration and move forward with the prefeasibility study. Ultimately, the update paints a picture of a company that has turned a corner, leveraging geological strength and improved local conditions to build long-term value for shareholders in the global copper market.
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description below. Please enjoy. And
we're back here uh on the independent
investor channel with Ian Graham of
Aokco Resource Corp. Uh we have been
working with AROCO now for uh a few
months updating marked progress
especially in 2025
and Ian has been uh attending uh uh the
channel on frequent occasions because
there's so much going on at the project
and Ian has been kind enough again to
come on real time. He is on site at the
project down in Mexico. Ian, welcome
back to the show. We look forward to uh
this uh update and and thank you again
for your valuable time and coming on and
updating uh wouldbe share owners in AOC
and existing share owners in AOC. Ian,
>> thanks for having me back, Ryan. And
yes, it's always a pleasure to join from
my happy place, which uh is here in Chik
at the project with the team who, you
know, attend everything they do and
including when I'm here and and they get
to take me out and and and show me what
they're currently doing. Uh the the just
unbelievable enthusiasm for what we have
among the team. So, yep, I'm I'm here.
It is hot out there. It was 42 degrees
centigrade yesterday. Uh but we got in
the field early, 6:00 a.m. and uh and
and had an absolutely magnificent time.
Uh and I was thrilled with what we saw.
>> Fantastic. And and you know, we've we've
expanded upon the Sto. Thomas project.
Um for those that don't know, I will put
the uh website to AOKO so you can stay
up to speed on this everdeveloping
project. But Ian is going to tell us a
little bit more about what went into
that, what their thought was in
expanding an already incredible uh
opportunity and value added, I might
add, with the uh with the additional uh
uh property that they've added in uh
Bayionia. Uh Ian,
>> thanks Ryan. Yes. So the core of our
holdings are Stomas and will remain the
core of our holdings and be our focus as
we move into prefeasibility study there.
Uh our partner on Stomas has held the
Vineer concession for for an extensive
period of time. It's always been on our
radar screen to get to at the
appropriate time. uh it is not possible
to stake new ground in Mexico currently
and so we've finally done this
transaction an option on the Vineer
project uh where we believe we see
significant evidence for another pfrey
intrusive center uh and included with
that are replacement uh features
commonly associated with pfurries such
as at Santo Tamas where we see the
terraformer
uh and a couple of other adjacent
uh smaller mining operations that are in
the replacement deposits with zinc,
gold, silver, etc. Uh and some
replacement iron oxides. So, we're
seeing those things at Vineer and
there's been some uh historical
government survey uh excavations. One
excavation of over a 100 meters into the
hillside at a showing at BIA which we
visited yesterday. Uh and I have to say
exceeded what I anticipated we would see
adjacent to a very large magnetic
feature that has been uh recorded by the
government. Uh and then adjacent to the
historical Mazika iron mine which
includes iron copper uh segments of
mineralization and replacement also with
gold. Uh so we got to visit that. We did
that Monday. Uh we that that visit was
slightly cut short um
uh at when we had to uh leave because a
major thunderstorm was upon us uh in the
late afternoon. Uh and because the hill
is comprised of so much magnetite, it's
a giant uh lightning conductor. So we
departed that one slightly early, but
not before we had had the opportunity to
look at what was up there. So we will be
up there with uh and putting together
some mapping and looking to drill that.
Uh and then the visit to uh El Platano
yesterday. Uh that was actually quite
something an extensive plus 2 kilometer
breier with significant alteration uh
and a lot of um carbonate copper and
other copper mineralization
uh throughout uh and on the margins of
this bre. So uh very compelling uh
indicators of a large system. And so the
the challenge before us is to sort of
isolate where the center of that system
might be, what's causing mineralization
to pre precipitate and to see if we can
hunt down the potential porefree center.
There have been mapped uh monzenites and
some pferitic monzenites on the
property. will be looking for courts
enrichment uh similar to Santomas
um but a very large system and and
fortuitously
the existing claim
encompasses almost all those known
showings. Uh so we're thrilled and and
really you know can't wait to get our
teeth into it. We believe that the
expiration will be well priced because
we have exposure at surface. we're going
to be able to map it out and I think
we're going to be able to drill some uh
compelling test holes and begin to learn
about the true potential of the project.
But you know what really draws us in
looking at it from a very high level you
know that 60,000 ft view
>> is that the known pfries centered on
Stomas but there is a a a significant
pferate pfrey copper resource called
Baharachi to the northnortheast of uh of
Stomas.
Well, the the occurrence that we're
projecting at Vimea is equidistant from
Stomas
to the souths southwest. So we believe
we're sitting on a northerly trend.
Baharachi stomas and potentially vineer
and this is not uncommon in the volcanic
centers that generate the pfries the
intrusive centers that they're roughly
equidistant between mineralized
occurrences. Uh so whilst that is
something of a rule of thumb, uh this
particular situation at Vineer fits
nicely into that rule of thumb with some
very nice showings uh of the replacement
and and explosive and hydrothermal breer
deposits. So scale is right, location is
right, and we're just very very
fortunate to be able to option the
property uh from our partner Donabaldo
Traviso. So I think it is a little bit
of a a little string of pearls and
hopefully we have another one of the
pearls at the south end of it. Um and uh
you know just a very fortuitous
uh series of of uh things extant things
that are leading to this opportunity.
So, you know, we're thrilled to be able
to to kick that off and simultaneously
be preparing to finance uh our phase 2
program at Sto. Tomas. So, the crew is
going to be busy. They're really happy
about that. Uh Andrew and I, Andrew the
QP and I are going to be busy. We're
happy about that. uh and I think the
shareholders of Arokco uh hopefully will
be equally happy with our near-term
busyness and uh and hopefully good news
that will arise from that. So yeah,
thrilled, absolutely thrilled and and uh
super pleased to be down here uh with
the team. Uh Andrew's here, some of the
core geologists, and we had a whale of a
time in the field yesterday.
Well, you know, from from our chair here
in uh our small piece of the world,
congratulations.
Um I do want to just take a moment and
invite uh anybody that's viewing this
content uh to review the disclaimers uh
and disclosure uh in the description
below. I am a share owner in the
company. So obviously all of the
dialogue that we um engage in today is
uh does contain some forward uh uh
thinking and and some comments about
what we think is going to transpire. And
I just want to encourage all investors
out there to do their own due diligence
as we provide this content for uh
educational and awareness purposes. All
right. So um Ian, fantastic. I I'm very
very excited as a share owner in the
company. I'm encouraged with what you
guys have done in 2025.
You know, I I'm a little discouraged, I
guess, when I look at the spot price of
copper. Uh I I'm a little discouraged
when I look at what I consider to be a
little bit of of of short-term
volatility uh in the ore. um you know as
as as well as uh a movement in the stock
price that is probably yet to be desired
and I don't I don't think it's
reflective of what you guys uh are doing
in 2025 but um hopefully that momentum
can really kind of come full circle and
start to realize the good work. Um, can
you just touch on some of the influences
now on AOKO as we enter into the back
half of 2025 as it lends itself
positively to your guys' operations
because we're in a different environment
here. Ian, we were speaking backstage a
little bit about how things have changed
over the previous couple of years and
how 2025, let's just call it a
transition year, but to not look to
2026,
uh, with some optimism, I think you'd be
crazy as as a share owner in the
company. I know I am, and these frequent
updates are a real help to me, and I
know they are for the for the majority
of the share owners out there uh, that
get these invaluable insights. So, can
you speak a little bit about that, Ian?
Certainly, Ryan. Um, you led off with
the the the sort of copper price
environment. I I just remind folks that
our pea was priced at $4 copper.
>> I think that was appropriate as we look
at the LME today, which I think uh
reflects more of a sort of an an outside
the uh the the confines of tariff uh
uncertainties, a bit of an underlying
copper price.
>> That's right. And uh so I think as we
look at that it's robust. It's well
above $4 at sort of 10% over that today.
>> So I think the the the forward look on
copper as you said right at the
beginning is still very strong. And of
course we're taking a medium and and
long-term view of it because we're in
the business of preparing future copper
production uh for for the global market.
So, uh, we're still exceptionally
bullish on that outlook and, uh, you
know, we, so, so we take that long-term
view. I think that's the appropriate
thing to, to say. Some of what we've
seen recently and and the volatility and
the price was inventory management uh,
in and outside of the US. We believe uh,
little above our sort of area of
expertise, but we're fully bullish on on
copper over the medium and long term. Uh
coming back to Aokco yes we've seen a
fundamental pivot in in our opportunity
at Santo Tomas now and now Vineer um
with the support we've had here in
Mexico. Now I've said it before we've
always had state support in Sinaloa uh
it's been constant and and and extremely
supportive but we've now got the support
at the federal level. uh we've covered
that you and I in some detail the
personalities etc. But I don't believe
that can be overstated and we're seeing
our situation in the context of what's
going on in Mexico. So recently another
Mexican uh c or another company
operating in Mexico received a permit
for a basically expansion in an open pit
and we're seeing other indicators that
the Shangbam regime is moving
at a modest pace but steadily into
normalization
of mining operations and now including
open pits. So the support we've recently
had, the undertakings we've we've
received for, you know, proper
assistance to help us step through the
the next uh series of requirements for
our project to advance uh I believe is
entirely there and the entire uh AOKA
board and management and the team on the
ground believe in that too. uh which is
going to move us forward into uh a uh
Canadian institutionalled
financing uh to occur in the fall and to
begin to underwrite the PFS at uh at
Stomas and uh you know much more modest
spend but also the beginnings of uh
exploring uh what is at Vineer which I'm
particularly looking forward to. So, uh,
you know, I think I think we are queuing
up for a, uh, a good 2026, but we're not
going to wait until 2026 to get kicked
off if we can help it. The plan is to
raise money fairly shortly following the
summer immediately. Uh, and then
resource uh, drilling initially at
Vineer. Um there's some quick tests
there that we can undertake to help us
calibrate that, but then to follow
through with the steady and important
work of the prefeasibility study.
>> Found it. Fantastic. Um we're going to
wrap this down uh within a within a a
reasonable amount of time in respect of
people's time, but um what a what an
incredible update, Ian, on on the
company. And uh um I know you'll be back
to keep us updated on this. I anticipate
this thing really catching some momentum
as we you know enter into the back half
of this year. And I I would just
encourage investors to be patient. Um
the AOKO project is just as unique as as
as anything that I've seen. And this
this project like Ian and and the rest
of the folks down there are working
really really hard on the ground floor
uh to to to put that value in. and where
he mentioned that that open pit permit
was issued that was the very reason why
AOK was a no touch last year investors
were not touching your company and I
think it's important to suggest that
we've turned to 180 and we've entered
into a realm of much more conducive uh
opportunity for you guys as well as the
optics for investors and that and that
they can you know look at your company
with a lot more uh uh confidence where
that confidence just was not there uh as
early as last year and and So we look
toward the future. Um we will continue
to be patient and and realize that we
are in fact investing for the future and
not the now. Uh but to Ian on behalf of
the channel and all the uh investors in
the company, keep up the good work and
we'll be eagerly standing by uh waiting
for your updates on the company. Good
luck to you. Be safe down there and uh
we'll catch you on the next one. Thanks
Ian.
>> Thank you so much Ryan.
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