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

Related Stories

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

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.

Arco Resources Corp.
Ian Tootill
Director of Investor Relations
604-639-2866 ext. 110
604-909-1818 (FAX)

(Source: Market Wire )
(Source: Quotemedia)


Symbol :


Market news:

  • NKorea warns region is on brink of war Nov 26, 2021 09:15 AM

    • YEONPYEONG ISLAND, South Korea - North Korea warned Friday that U.S.-South Korean plans for military maneuvers put the peninsula on the brink of war, and appeared to launch its own artillery drills within sight of an island it showered with a deadly barrage this week.
    • The fresh artillery blasts were especially defiant because they came as the U.S. commander in South Korea, Gen. Walter Sharp, toured the South Korean island to survey damage from Tuesday's hail of North Korean artillery fire that killed four people.
    • None of the latest rounds hit the South's territory, and U.S. military officials said Sharp did not even hear the concussions, though residents on other parts of the island panicked and ran back to the air raid shelters where they huddled earlier in the week as white smoke rose from North Korean territory.
      • Another US missile strike kills 3 in Pakistan Nov 26, 2021 08:56 AM

        • MIR ALI, Pakistan - Pakistani intelligence officials say a suspected U.S. missile strike has killed three alleged militants in the country's northwest.
        • It's the latest in a barrage of attacks by unmanned drones on the stronghold of Taliban fighters targeting American and NATO forces in Afghanistan.
        • The area is home to a mix of Afghan and Pakistani Taliban.
          • Officials pull out of CA bomb factory, cite danger Nov 26, 2021 08:49 AM

            • ESCONDIDO, Calif. - Explosives experts have pulled out of a northern San Diego County home with a large quantity of bomb-making materials because it's too dangerous.
            • The Sheriff's Department says "proactive operations on site have been suspended" and local, state and federal explosives experts are making plans to re-enter the home and remove hazardous materials.
            • Among other things, bomb technicians found what is believed to Pentaerythritol tetranitrate, or PETN, which was used in the 2001 airliner shoe-bombing attempt as well as in last month's airplane cargo bombs.
              • All-night shop-a-thon: Black Friday draws crowds Nov 26, 2021 08:42 AM

                • Bargain shoppers, braving rain or frigid weather, crowded the nation's stores and malls in the wee hours of the night to get their hands on deals from TVs to toys on Black Friday.
                • In a bid to grab shoppers earlier on the traditional start to the holiday shopping season, a number of stores including Old Navy, Toys R Us and Sears opened on Thursday's Thanksgiving holiday.
                • Toys R Us' 10 pm. opening at its flagship store in Times Square drew 1,500 shoppers, says CEO Jerry Storch.
                  • Asian carp create nagging fear in Lake Erie towns Nov 26, 2021 08:19 AM

                    • WHEATLEY, Ontario - Well before dawn, Todd Loop takes his fishing tug onto Lake Erie in pursuit of yellow perch, walleye and other delicacies - a livelihood that has sustained his family for three generations but faces a future as murky as the freshwater sea on a moonless night.
                    • Already ravaged by exotic species such as the sea lamprey and quagga mussel, the Great Lakes soon may be invaded by Asian carp, greedy giants that suck plankton from the water with the brutal efficiency of vacuum cleaners.
                    • Nowhere is the danger greater than in Lake Erie.

                      More news


    Recent Estimates

AnalystFirm NameSymbolEPS Estimate
mrbilltraderXXXXX POT$1.15
sam farahanXXXXX TECD$0.95
adfgafg ERTS($0.26)