Arco Resources Corp.

Published : July 14th, 2010

Begins Drilling at Predilecta Gold Property

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Arco begins drilling at Predilecta Gold Property

 

July 14, 2010 -- Vancouver, B.C. -- Arco Resources Corp. (TSX-V: 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 sending samples in for assays immediately."

 

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

"Warren McIntyre"

 

Warren McIntyre

President and Chief Executive Officer

Arco Resources Corp.

 

For further information:

 

Ian Tootill, Director of Investor Relations

Phone: 604.639.2866 ext. 110

Email: ian@arcoresources.com

www.arcoresources.com

 

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.

 

 


 

Ascenta Capital Partners Inc. � Suite 1610, 1066 West Hastings Street � Vancouver � BC V6E 3X1 � Canada

.

Arco Resources Corp.

EXPLORATION STAGE
CODE : ARR.V
ISIN : CA0396051009
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Arco Resources is a exploration company based in Canada.

Its main exploration properties are CUATRO VENADOS, TRES HERMANAS, PREDILECTA and TAVICHE in Mexico.

Arco Resources is listed in Canada. Its market capitalisation is CA$ 15.0 millions as of today (US$ 14.6 millions, € 9.9 millions).

Its stock quote reached its lowest recent point on March 20, 2009 at CA$ 0.02, and its highest recent level on April 29, 2011 at CA$ 2.70.

Arco Resources has 75 208 000 shares outstanding.

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Financings of Arco Resources Corp.
4/15/2011Announces Financing
Project news of Arco Resources Corp.
5/24/2012Arco Closes Property Sale to Argentum Silver
2/15/2012(Predilecta)Arco Announces Completion of Technical Report on Predilecta ...
8/5/2010(Predilecta)Provides Drilling Update
7/14/2010(Predilecta)Begins Drilling at Predilecta Gold Property
Corporate news of Arco Resources Corp.
10/19/2012Arco Extends Expiry Date of Warrants
5/10/2012Arco Sells Properties to Argentum Silver
4/14/2012Arco Extends Expiry Date of Warrants
4/26/2011News Release
3/22/2011News Release
2/22/2011and Silex Ventures Close Qualifying Transaction
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