Oroco Resource Corp owns the Cerro Prieto polymetallic project in Mexico which contains a 25.3 million tonne indicated resource and 4.7 million tonne inferred resource of gold, silver, lead and zinc. A $1.25 million phase 1 exploration program defined the resource which remains open along strike and at depth. Oroco's plans include a $5 million phase 2 and 3 program through 2010 of drilling, permitting, engineering and a prefeasibility study to increase the resource with the goal of beginning mine construction in 2010 and completing it in 2011.
2. CAPITAL STRUCTURE AND CORPORATE DIRECTORY
Shares Issued and Outstanding 27,593,521
Management holdings and escrowed
and pooled shares, subject to 3 year escrow
and pooling restrictions (10,620,000)
Incentive Stock Options @ $0.55 for 5 years 2,650,000
Common Share Purchase Warrants
@ $0.90 until Sept 12, 2009: 4,101,760
Common Share Purchase Warrants
@ $0.55 until Sept 12, 2009: 800,000
Shares Issued and Outstanding Fully Diluted 35,145,281
Address: Suite 789 Auditors: Dale Matheson Carr-Hilton Labonte LLP
999 W. Hastings St.
Vancouver, BC Legal Counsel: Morton & Company
Canada V6C 2W2
T:604-688-6200 Stock Transfer Agent: Olympia Trust Company
F:604-688-6260
Info@orocoresourcecorp.com Common Share Listing: TSX.V:OCO
Frankfurt: OR6
Web Site: www.orocoresourcecorp.com
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4. CERRO PRIETO PROJECT: LOCATION AND INFRASTRUCTURE
CERRO PRIETO MINE LOOKING NORTH
• Mining friendly Mexico; low costs, strong mining history
• Good paved road system in place
• Knowledgeable labor supply in nearby towns
• Property located next to National Power Grid
• Nearby water supply
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5. CERRO PRIETO PROJECT SURFACE PLAN
2008, Phase 1 Exploration Program
Overseen by Ing. Antonio Montante
• 6,000 meter diamond drilling
• Twenty-Two diamond drill holes
2009 D ill P
Drill Program
completed
ltd
• 100% success rate in hitting mineralized
structure
• Program included mapping, surface
mapping
trenching and sampling along strike
• $1,250,000 program completed on time
and on budget
• 43-101 Compliant Indicated and Inferred
Resource
• Mineralization remains open on strike
north and south and to depth
p
2009 D ill P
Drill Program
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6. CERRO PRIETO PROJECT MINERALIZATION
• Sub vertical
orientation
• Up to 65 meters
true
thickness
• Oxide to 350
meters from
surface
• Topographically
amenable to open
pit mining
it i i
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7. CERRO PRIETO PROJECT LONGITUDINAL SECTION
Mineralization
Open North
and South
Along Strike
and to Depth
p
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8. CERRO PRIETO PROJECT LONGITUDINAL SECTION
METAL DISTRIBUTION
Precious Metal
Distribution
Lead-Zinc
Distribution
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10. EXTRAORDINARY EFFICIENCY OF
EXPLORATION AND DISCOVERY COSTS
Discovery Rate per Exploration Dollar(1) 0.36 oz Au, 7.93 oz Ag, 195 lbs Pb, 594 lbs Zn.
Direct Finding Cost per Ounce Gold Eq.(2) <$1
(1) Based on Phase One costs of $1 250 000 and representing total contained metal in indicated and inferred resource
$1,250,000
(2) Based on long term metal prices of $800 oz. Au, $14 oz. Ag, $0.90 lb Pb and Zn. For Comparison Purposes Only
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11. BUDGET TO COMPLETION OF PREFEASIBILITY
PHASE 2 AND 3 PROGRAMS AND BUDGET 2009/2010 C$
Drill Program (Included Total Costs for Infill Drilling 1,000,000
and Drilling at 100 Meter Intervals Along Strike
Preliminary Environmental Permitting, Engineering
and Metallurgy
gy 250,000
,
Prefeasibility Study 3,750,000
TOTAL 5,000,000
5 000 000
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12. DRILL, DEFINE, MINE: CRITICAL PATH TO MINING
Jan 2009 Complete Resource Estimate, Begin Metallurgical Studies and
Preliminary Mine Plan (Complete)
Mar 2009 Commence Infill and Extension Drilling
Sept 2009 Complete Infill and Extension Drilling
Complete Environmental Studies
Nov 2009 Complete Updated Resource Calculation
Commence Prefeasibility Study
May 2010 Complete Prefeasibility Study
Aug 2010 Begin Mine Construction
Feb 2011 Complete Mine Construction
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14. THE CERRO PRIETO POLYMETALLIC PROJECT: HIGHLIGHTS
• 100% OWNERSHIP INTEREST IN 27 SQ. KM OF CONCESSIONS CONTAINING SEVERAL KM
OF STRIKE LENGTH OF MINERALIZED STRUCTURE
• CERRO PRIETO PURCHASE PRICE OF US $2.5 MILLION FULLY PAID
• FAVOURABLE LOCATION AND MINING LAWS
• SUCCESSFUL PHASE ONE EXPLORATION PROGRAM COMPLETED OCTOBER, 2008
RESULTING IN 43-101 COMPLIANT INDICATED RESOURE OF 25.3 MILLION TONNE AND
4.7 MILLION TONNE INFERRED GOLD, SILVER, LEAD AND ZINC RESOURCE
• OXIDE MINERALIZATION FROM SURFACE TO MAXIMUM DEPTH OF 350 METERS
• LOW DISCOVERY COSTS, MINERALIZATION OPEN ON STRIKE TO NORTH AND SOUTH
AND TO DEPTH A PHASE 2 PROGRAM DESIGNED TO INCREASE RESOURCE
• POTENTIAL FOR LOW COST, OPEN PIT MINE: PRELIMINARY MINING PLAN UNDERWAY
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15. DIRECTORS Stephen M. Leahy, Executive Chairman, Director
• Founder of North American Tungsten
• Over 26 years of experience in venture capital
• Chairman, CEO, Director of North American Tungsten Ltd.
Ken Thorsen, President and CEO, Director
• Over 40 years of experience in the mining business
• 8 years with Selection Trust; 3 years with Cameco
• 21 years with Teck Corporation and 7 years as a consultant
• Senior Exploration Executive at Teck Cominco
including 2 year period as President of Teck Exploration Ltd.
Robert Friesen, Director
• Over 40 years of experience in mining and minerals exploration
• 7 years as Chief Geologist with Noranda Group
• 5 years as a Project Geologist with Teck Exploration Ltd.
Casey Forward, Director and Chief Financial Officer
• Over 25 years of accounting experience in North America and the
United Kingdom with numerous public companies
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16. DISCLAIMER
Some of the statements contained herein may be forward-looking
statements which involve known and unknown risks and uncertainties
uncertainties.
Without limitation, statements regarding potential mineralization and
resources, exploration results, and future plans and objectives of the
Company are forward looking statements that involve various degrees of
risk.
risk The following are important factors that could cause the Company’s
Company s
actual results to differ materially from those expressed or implied by such
forward looking statements: changes in the world wide price of mineral
commodities, general market conditions, risks inherent in mineral
exploration,
e ploration risks associated with de elopment constr ction and mining
ith development, construction
operations, the uncertainty of future profitability and the uncertainty of
access to additional capital.
For f th d t il l
F further details please refer t the Company’s prospectus, news
f to th C ’ t
releases and Technical Report (NI 43-101) at www.sedar.com.
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