VANCOUVER, BRITISH COLUMBIA--(Marketwire -
Feb. 9, 2010) - Arco Resources Corp. (TSX VENTURE:ARR) ("Arco" or the
"Company") is pleased to announce the results from the underground sampling
program announced October 14, 2009 on its 386 hectare Taviche property. The
Taviche property is located approximately 56 kilometers from Oaxaca City,
Mexico.
About the Taviche Property
Taviche is a
silver-gold-bearing quartz vein with typical epithermal textures and historic
(Spanish and subsequent) underground workings and production. The vein can be
traced for over 1.5 kilometres on surface. Five hundred metres of that has
underground workings from one level. The laterally-continuous vein varies in
thickness from 1 to 5 metres, but averages 1.5
metres, and is sub vertical. Epithermal textures include open space fillings,
bladed veining and megacrystic carbonate replacement, all significant textures
known in gold-silver epithermal deposits. There are no reliable production
records available of the grades from the vein.
As a first step, Arco
completed an extensive surface and underground sampling program in November and
December of 2009 to determine the average grade. Channel samples were taken
every 6 metres across the full width of the vein along the full 500 metres of underground,
as well as every 10 metres where exposed on surface.
Results of Taviche
Sampling Program
The underground channel sampling program
defined a 230 metre long shoot of the vein with silver-gold values averaging
173 g/t silver (Ag) and 1.5 g/t gold (Au). Corresponding surface sampling
approximately 15 metres above the underground workings identified a similar 220
metre long shoot averaging 161 g/t Ag and 2.18 g/t Au. This defines an
attractive target for Arco to follow to depth with drilling. In addition, the
vein is mineralized in the westernmost 110 metres of the underground workings,
with an average grade of 73 g/t Ag and 0.6 g/t Au, forming a secondary drill
target. Arco is proceeding to the drill permit stage for this target.
Paul Cowley, P.Geo.
and Chief Geologist for Arco Resources Corp., is the Qualified Person, as
defined in National Instrument 43-101, who has reviewed and approved the
technical content of this news release.
About Arco Resources
Arco holds a 100%
interest in six mineral claim blocks located in the State of Oaxaca, Mexico
through its Mexican subsidiary. The Company has two 43-101 compliant projects,
the Lachiguiri project (Ag,Pb,Zn) and the Tres Hermanas project (Ag,Pb,Zn). In
addition the Company has begun to focus its efforts on its Cuatro Venados and
Taviche claim blocks, each of which have had historical production of gold and
silver. The Company currently has an agreement in principle to option a 100%
interest in its Lachiguiri, Silacayoapan and Nino Perdido properties to Silex
Ventures Ltd. For further information on the Company please go to www.arcoresources.com.
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.