Oroco Resource Corp. (OCO.V) has appointed Charles Cryer as its new CEO after former CEO Richard Lock resigned.
Cryer brings about three decades of global capital markets experience to the table, and especially the combination of his investment banking background and being an engineer could be a useful combination to bring the company’s Santo Tomas flagship project to the next phase.
Meanwhile, Oroco’s drill program at Santo Tomas is in full swing and we expect to start seeing assay results in the near future. While the bulk of the drilling will be focused on infill drilling in the South zone to convert inferred mineralization into the measured and indicated categories ahead of the pre-feasibility study which should be completed next year, there will be some expansion drilling as well.
Disclosure: The author has no position in Oroco. Oroco is a sponsor of the website. This post is for educational purposes only; be mindful investing in junior mining stocks is risky and you may lose your entire investment if things go wrong. Please read the disclaimer.
