Oroco Resource Corp. reported earnings results for the first quarter ended August 31, 2009. For the quarter, the company reported net loss and comprehensive loss of CAD 167,471 or CAD 0.01 per basic and diluted share compared to net loss and comprehensive loss of CAD 166,828 or CAD 0.01 per basic and diluted share for the same period of last year. The company reported net cash used in operating activities of CAD 47,074 compared to net cash used in operating activities of CAD 185,824 for the same period of last year. The company spent CAD 353,855 on acquisition and exploration of resource properties compared to CAD 559,943 spent for the same period a year ago.

Oroco Resource Corp., Annual General Meeting, Dec 16, 2009

Oroco Resource Corp. provided an update on its Cerro Prieto Project in Sonora State, Mexico. Following results received from the 2008 drill program and the continuing positive results being received in the current drill program, Oroco has begun its preliminary mine planning and a second phase of metallurgical testing, and will shortly begin an environmental base line study. Initial metallurgical studies conducted concurrent with the 2008 Phase One exploration program yielded 85% to 92% recovery of gold from bottle roll tests. The company has retained Kappes, Cassidy & Associates of Reno, Nevada, to conduct advanced testing in the next phase of metallurgical studies. In the past week the company has collected two 250 kilogram metallurgical samples from the Cerro Prieto oxide zone from holes drilled in 2008. These are the first of six test samples to be collected along the two kilometre strike length of the mineralized zone outlined to date through trenching and drilling. The first two samples collected are from holes drilled in 2008 between Sections 150N and 650N. One sample encompasses the zone between the surface and a depth of 150 meters which, in general, contains higher gold content, and the second from a depth of 150 meters to near the bottom of the oxide zone at approximately 300 meters depth from surface. The remaining four samples will be collected upon the completion of the current drill program. Two samples will be collected from similar depths between Sections 750N and 1350N and another two samples between Section 1350N and the northern end of the mineralized zone.