Arco Begins Drilling at Predilecta Gold Property
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 07/14/10 -- Arco Resources Corp. (TSX VENTURE: ARR) ('Arco' or the 'Company') reports that it has commenced drilling at its Predilecta Property located in the State of Oaxaca, Mexico. Arco has contracted Alta Drilling International S. de R.L. de C.V. ('Alta') to commence an initial program of up to 625 metres over ten holes ranging in depth from 40 - 80 metres using diamond core drills (HQ3). Upon completion of the program at Predilecta, Alta will move the drills to Arco's Taviche silver property to continue with a proposed 1200-metre drill program.
Warren McIntyre, President and CEO of Arco, said, 'We are excited by the initiation of these programs. Our long term community agreements, along with current and historical geological data, have allowed us to focus our drilling efforts. As of Monday July 12th, Alta had completed the first drill hole. The hole was 45 metres deep and intersected a quartz vein between 32.8 and 35.6 metres. We will be immediately sending samples in for assays.'
About Arco Resources
Arco holds a 100% interest in seven mineral claim blocks, all located in the State of Oaxaca, Mexico. The Company has begun to focus its efforts on its Taviche and Predilecta claim blocks, each of which has had historical production of gold and silver. The Company currently has agreements in principle to option 100% interests in its Lachiguiri, Silacayoapan and Nino Perdido Property (to Silex Ventures Ltd.) and in its Tres Hermanas Property (to Zodiac Capital Ltd.).
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