Arco updates on Taviche Property
Arco Resources Corp. (TSX VENTURE:ARR) reported that the results from the underground sampling program announced October 14, 2009 on its 386 hectare Taviche property, located approximately 56 kilometers from Oaxaca City, Mexico.
The press release is quoted as saying:
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.