Arco Provides Summary of Taviche Drilling
Tuesday, October 19, 2021 9:01 AM

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VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 10/19/10 -- Arco Resources Corp. (TSX VENTURE: ARR)(FRANKFURT: MJ7) ("Arco" or the "Company") is providing this summary of all diamond drill results recently completed on its 100%-owned Taviche property located in Oaxaca, Mexico. The 1700 metre HQ core drill program was completed over a total of 15 holes. A systematic drill pattern at 50 metre centers was performed for a strike length test of 450 metres and to a depth of 140 metres on the sub-vertically dipping silver-gold epithermal quartz vein. The results show a very high percentage of successful hits.

A longitudinal section and plan map of the drilling are available for viewing on the Company's website. The vein is open to depth, and to the east and west from the drilling. The epithermal vein is exposed for at least another 1.8 kilometres to the west on the Taviche property and is currently being sampled with close-spaced samples to guide future drill campaigns on the vein which on surface reaches 5 metres wide. To the east, the vein dips under cover with an additional potential strike extension of one kilometre in this direction. The recently completed drill program is the first surface drilling to have ever been conducted on this vein. The table below provides all the significant intercepts which have been previously reported in the last 3 press releases.

Drilling Highlights
                   FROM          TO     WIDTH       Ag        Au     AgEq
HOLE NUMBER          (m)         (m)    (m)(i)    (g/t)     (g/t)     (ii)
BDT - 2           61.10       70.00      8.90      178      1.24      252
BDT - 3           56.70       60.00      3.30       73      0.44       99
BDT - 4           57.30       58.00      0.70      242      0.90      296
BDT - 4           80.70       82.40      1.70      124      0.41      149
BDT - 5           74.00      162.00      0.90       51      0.12       58
BDT - 6           50.20       51.10      0.90      113      0.75      158
BDT - 7           85.20       88.30      3.10      279      0.92      335
BDT - 8           89.20       93.00      3.70      306      1.02      368
BDT - 9          161.10      162.00      0.90       51      0.12       58
BDT - 10         110.80      111.60      0.80      497      1.03      560
BDT - 11         109.80      111.10      1.30      385      1.14      453
BDT - 12         112.90      115.60      2.70      220      0.85      271
BDT - 13          74.90       76.00      1.10       87      0.29      104
BDT - 14          72.00       75.00      3.00       88      0.21      100
BDT - 15          57.90       58.40      0.50      236      0.44      262
(i) True widths are estimated to be roughly 65% of drill intercept length.
(ii) Arco used the silver equivalent ratio of 1 gram of gold = 60 grams
     silver assuming 100% recoveries.

Paul Cowley, P.Geo. and Arco's Chief Geologist, says, "A high success ratio of drilling is a key signature of a worthwhile deposit which Taviche is demonstrating right from the start from our drilling. The long persistence of the vein gives us excellent potential to put something together here."

Taviche Property

The Taviche property covers 421 hectares and is located approximately 68 kilometres from Oaxaca City, Mexico. Access to the property is excellent, less than one kilometre from paved road and a 1.5 hour drive from the capital of Oaxaca. On Taviche, the sub-vertical, laterally continuous silver-gold-bearing quartz vein varies in thickness from 1 to 5 metres, averaging 2 metres. Epithermal textures include open space fillings, bladed veining and megacrystic carbonate replacement, all significant textures known in gold-silver epithermal deposits. Underground channel sampling defined a 230 metre long shoot of the vein with values averaging 173 g/t Ag and 1.5 g/t gold Au. Corresponding surface sampling approximately 15 metres above the underground workings identified a 220 metre long shoot averaging 161 g/t Ag and 2.18 g/t Au. The 450 metre long strikelength test by the drilling was underneath this sampling.

Paul Cowley, P.Geo. and Chief Geologist for Arco, is the Qualified Person, as defined in National Instrument 43-101, for the drilling campaign and has reviewed and approved the technical content of 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 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.).

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.

Contacts:
Arco Resources Corp.
Ian Tootill
Director of Investor Relations
604-639-2866 ext. 110
604-909-1818 (FAX)
ian@arcoresources.com
www.arcoresources.com

(Source: Market Wire )
(Source: Quotemedia)
 

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