OROCO CONTINUES SOUTH ZONE SUCCESS WITH 221.7 M OF 0.45% CU EQUIVALENT - Seite 2

• Drill hole S019 (Plate SZ-36) returned two mineralized intervals (see Table 1 below).
• Drill hole S020 (Plates SZ-46 & -47) returned two mineralized intervals, of which the most significant is 221.7m of 0.45% CuEq.
• Drill hole S021 (Plates SZ-33 & --34) returned two mineralized intervals of 145 m of 0.32% CuEq and 89 m of 0.34% CuEq, which includes 25 m of 0.81% CuEq.  

All drill holes tested the deposit approximately perpendicular to its structural attitude.  Core intervals are within about 10% of true thickness. Assay results and cross-sections of all South Zone, North Zone and Brasiles Zone drill holes released to date are available at the Company’s website.

Table 1: Significant Assay Intervals in the 2021-2023 Program, Drill Holes S019 to S021:

Drill Hole No.	Dip	From (m)	To (m)	Length (m)	Cu %	Mo %	Au g/t	Ag g/t*	CuEq %
S019	-55	181.0	232.0	51.0	0.16	0.004	0.012	1.59	0.19
	-55	248.2	316.0	67.8	0.19	0.004	0.006	1.25	0.21
S020	-55	54.0	135.0	81.0	0.20	0.004	0.011	0.98	0.22
	-55	139.1	360.8	221.7	0.37	0.018	0.023	1.97	0.45
S021	-55	36.0	181.0	145.0	0.25	0.016	0.008	1.87	0.32
	-55	207.0	296.0	89.0	0.31	0.007	0.011	1.85	0.34
	includes	207.00	232.00	25.00	0.740	0.015	0.020	3.836	0.81

Cu Equivalent (CuEq) % = Cu % + (Mo %*3.75) + (Au ppm*0.752).  The commodity prices (3 yr Average) used are in $US: Cu $3.20 /lb, Mo $12.00 /lb, and Au $1,650.00 /troy oz. Ag values are not used in the CuEq calculations.