Arco Announces Completion of Technical Report on Predilecta Property
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/15/12 -- Arco Resources Corp. (TSX VENTURE: ARR) ('Arco' or the 'Company') contracted with Micon International in the fall of 2011 to prepare a technical report (the 'Report') under National Instrument 43-101 on its 3,181 hectare Predilecta property located in the state of Oaxaca, Mexico. The Report has now been completed, and recommends a two-phase property-wide exploration program with a budget of $290,000.
The Report documents numerous vein systems on the property including the Predilecta vein and the La Crus vein system. The La Crus vein system is a zone of shearing and alteration that has narrow quartz veins and stockwork that is hosted in the same Proterozoic gneiss as the Predilecta vein. The system has been traced on surface for approximately 500 metres and intermittently for an additional 800 metres. There is potential to extend the known vein along strike and down dip.
The Report further states that a drilling program would further identify the current structures. Micon recommends a property-wide exploration program to include mapping, sampling and geophysics of the property's unexplored areas. The Report states: 'The present number of showings on the property indicates that there is a potential for additional mineralized structures to be discovered. The known showings are predominantly structurally controlled. The geological maps indicate that there are many faults within the area. These need to be explored. Also, the types of geological units in the area indicate that there could be other mineral deposit types present (i.e. skarns).'
Ben Whiting, P.Geo. and a director of Arco Resources Corp., is a Qualified Person and takes responsibility for the technical disclosure in this news release.
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. 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