Oroco Expands Project With Vainilla Concession Acquisition

Oroco Resource has entered an option agreement with Aztec Zinc de México to acquire a 100% interest in the Vainilla Mineral Concession, located in Sinaloa.

The Vainilla Concession covers approximately 2,974ha within a porphyry copper belt associated with Oroco’s Santo Tomás Project. It includes multiple zones of historic and active polymetallic mineralization such as skarns, breccia pipes, and vein systems linked to monzonite intrusions, providing immediate exploration opportunities for copper and related metals.

"The Vainilla option expands Oroco’s control over the Santo Tomás porphyry copper district, offering significant exploration potential and near-term results from multiple target types. Support from community and government programs under Plan México and Plan Sinaloa further encouraged this acquisition. Vainilla complements Santo Tomás both geologically and economically without affecting existing development plans. This acquisition aligns closely with Oroco’s strategic goals," said Ian Graham, Oroco’s President.

Oroco plans a phased exploration program starting with 2D induced polarization (IP) surveys targeting breccia pipes and porphyry zones, combined with geological mapping and sampling. This will be followed by short hole scout drilling and possibly a 3D IP survey.

The Option agreement grants Oroco’s subsidiary Xochipala the exclusive right to acquire 100% ownership of the Vainilla Concession. Initial consideration consists of US$75,000 in cash and 100,000 Oroco common shares. To maintain the option, semi-annual payments of US$25,000 and 100,000 shares are required. Exercise of the option requires US$500,000 in cash and issuance of 2,000,000 Oroco shares. Upon exercise, a 1.5% Net Smelter Returns royalty will be assigned to third parties designated by Aztec Zinc. Xochipala will be responsible for all concession duties during the option period. The transaction is subject to approval by the TSX Venture Exchange.