Atocha Expands Ko Gold/silver Property
(via Thenewswire.ca)
September 18, 2012 - Vancouver, British Columbia, CANADA - Atocha Resources (the Company), TSX.V - ATT is pleased to announce the acquisition of an additional 1,089 hectares of ground directly west and bordering the newly acquired KO epithermal gold and silver property situated in the "Blackwater - Newton gold belt."
This additional ground was staked via mineral titles online (MTO) by Atocha over magnetic highs from the provincial database of government regional airborne geophysical data and can be viewed http://www.atocharesources.com/pdfs/att-ko.pdf. These "mag highs" may reflect buried intrusions which could host porphyry systems and related epithermal gold/silver mineralization. Geological maps of the area show interlayered rhyolite to andesite flows, flow breccias and minor volcaniclastic rocks underlying the area. Phelps Dodge historical data from 1993/94 shows VLF-EM geophysical anomalies, both high resistivity and conductive zones, which may reflect sulphidic zones in silica rich, altered bedrock or structures that could be related to gold / silver mineralization.
The KO Project is located in the Nechako Plateau region of central British Columbia and with the acquisition consists of 8 contiguous claims totaling 4,497 hectares located approximately 125 kilometers to the west of Quesnel. The Property is in the same geological terrane and is approximately 60 kilometers to the southeast of New Gold Inc.'s (TSX.V-NGD) Blackwater Gold Project which has 5.5 million ounces of indicated gold and 2.3 million ounces of inferred gold as stated in their March 7, 2012 press release via www.sedar.com.
The Company would also like to announce its recent feature in BC Business Magazine. Follow the link to the Investor's Guide online: http://www.bcbusinessonline.ca/sites/default/files/BCB0912_Investors.pdf.
The technical information in this news release has been reviewed by Derrick Strickland, P.Geo. a qualified person for the purpose of National Instrument 43-101, Standards of Disclosure for Mineral Properties, of the Canadian Securities Administrators.
Shareholders and Investors are encouraged to sign up to the Company mail list in order to receive timely updates. Please visit www.atocharesources.com or email info@atocharesources.com to add your contact details.
ABOUT ATOCHA
Atocha is a natural resources company engaged in the acquisition and exploration of mining/exploration properties, mainly for gold and other precious metals. The Company has a 100% undivided interest in the McGillivray Property, located in the Kamloops Mining Division of British Columbia. Atocha owns the Sol Riche and Tresor Nord/Sud REE properties in Montviel Township in Quebec, the Trove, Descouverte and Bijou gold properties in the Abitibi of Quebec, the Montpellier and St. Sixte graphite properties in the Grenville region of Quebec, and the Stubble gold property in Saskatchewan. The Strike 101-114 gold claims near Dawson City, Yukon are under option to Goldstrike Resources as announced on May 15, 2012.
For further information on Atocha, please refer to www.sedar.com.
For further information, please contact:
Marcy Kiesman, Chief Executive Officer
Telephone: 604.696.1111
Facsimile: 888.266.3983
E-mail: mmk@atocharesources.com
Website: www.atocharesources.com
Forward-Looking Statement
This document may contain or refer to forward-looking information based on current expectations, including, but not limited to timing of mineral resource estimates, future exploration or project development programs and the impact on the Company of these events. Forward-looking information is subject to significant risks and uncertainties, as actual results may differ materially from forecasted results. Forward-looking information is provided as of the date hereof and we assume no responsibility to update or revise them to reflect new events or circumstances. For a detailed list of risks and uncertainties, as it relates to Atocha Resources Inc., please refer to the Company's Prospectus filed with SEDAR.
"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."
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