May 27, 2013 — Vancouver, B.C. — Arco Resources Corp. (TSX-V: ARR) (“Arco” or the “Company”) announces that it has entered into a purchase and sale agreement dated May 24, 2013 (the “Agreement”) with Highlander Overseas Inc., a private company incorporated in the West Indies (“Highlander”). Under the Agreement, Arco has agreed to sell Highlander a 100% interest in Arco’s Tres Hermanas, La Luna and Predilecta properties (the “Properties”) located in Oaxaca, Mexico, subject to TSX Venture Exchange approval.
Pursuant to the terms of the Agreement, Highlander will pay Arco US$100,000 in cash in two installments. The first non-refundable payment of US$50,000 is due July 24, 2013, with the final US$50,000 due August 24, 2013. Highlander will also maintain the Properties in good standing until the final payment is made. Highlander is at arm’s-length to Arco.
Tres Hermanas and La Luna Properties
The Tres Hermanas consists of three separate mining claims, and covers a silver-lead-zinc-bearing vein system that has historic underground workings on five levels along a 400 metre strike. Previous underground sampling showed local values >500 grams per tonne (g/t) of silver. In addition, chip samples taken included values as high as 764.5 g/t of silver and 10.4% lead across 1.5 metres. The La Luna property is immediately adjacent to the Tres Hermanas claim and offers a number of high value exploration targets. The combined land package of Tres Hermanas and La Luna is greater than 24,000 hectares.
The Predilecta Property consists of three separate mining claims comprising a total of 3181 hectares, located 68 kilometres south-southeast of Oaxaca City. The property contains multiple mesothermal gold-bearing quartz veins. This property has historic workings and is close to infrastructure and transportation. Previous underground sampling indicated 143 g/t Au over 0.45m. Underground sampling averaged 19.26 g/t Au along 95m with an average width of 0.57m.
About Arco Resources
Currently, Arco holds a 100% interest in five mineral claim blocks, all located in the State of Oaxaca, Mexico. The Company is focusing its efforts on its Taviche claim block, which has had historical production of gold and silver. For further information on the Company please go to www.arcoresources.com. Follow Arco on Facebook.
On behalf of the Board of Directors of Arco Resources Corp.
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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