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| | February 09, 2010
Arco Announces Sampling Averages of 173 g/t Silver and 1.5 g/t Gold along 230 metres at the Taviche Silver-Gold Property
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| | February 9, 2010: Vancouver, B.C.: Arco Resources Corp. (TSX-V: 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"
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. |
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