Arco Retains Micon International to Write 43-101 Reports
August 08 2011 - 9:15AM
Marketwired
Arco Resources Corp. (TSX VENTURE: ARR) ("Arco" or the "Company")
announces it has contracted with Micon International Ltd. to
prepare technical reports under National Instrument 43-101 on its
100%-owned Taviche and Predilecta properties, both located in
Oaxaca, Mexico.
The Taviche property, located near properties co-owned by
Intrepid Mines Ltd. and Pan American Silver Corp. approximately 40
kilometres south of Oaxaca City, is a 421 hectare property that
features an exposed silver-gold bearing quartz vein that can be
traced for 1.5 km.
The Predilecta property covers 3,181 hectares and contains a
number of high grade mesothermal gold-bearing quartz veins hosted
in shears within a Precambrian gneiss complex. Of these, the best
known vein is the Predilecta Vein, which has been mined underground
for a length of 120 metres and sampled with an average grade of
19.67g/t Au over an average width of 0.56 metres.
Micon International Ltd. is an independent firm of geologists,
mining engineers, metallurgists and environmental specialists
headquartered in Toronto, Canada, with fully-integrated offices in
Norwich, United Kingdom and Vancouver, and a representative office
in South Africa. The firm offers a broad range of consulting
services to clients involved in the mineral industry and maintains
a substantial practice in the geological assessment of prospective
properties, the independent estimation of mineral resources and
mineral reserves, the compilation and review of feasibility
studies, the economic evaluation of mineral properties, due
diligence reviews, and the monitoring of mineral developments.
About Arco Resources
Arco holds a 100% interest in seven mineral claim blocks, all
located in the State of Oaxaca, Mexico. The Company is focusing its
efforts on its Taviche and Predilecta claim blocks, each of which
has had historical production of gold and silver. The Company has
optioned its Lachiguiri, Silacayoapan and Nino Perdido properties
to Argentum Silver Corp., and has optioned a 90% interest in its
Tres Hermanas property to Zodiac Capital Ltd. For further
information on the Company please go to www.arcoresources.com.
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On behalf of the Board of Directors of Arco Resources Corp.
Warren McIntyre, President and Chief Executive Officer
Arco Resources Corp.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Arco Resources Corp. Ian Tootill Director of Investor
Relations 604.639.2866 ext. 110 604.662.3904 (FAX)
ian@arcoresources.com www.arcoresources.com