Arco Retains Micon International to Write 43-101 Reports
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 08/08/11 -- 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. Follow Arco on Facebook.
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