Arco Completes Tres Hermanas Property Option to Zodiac

Arco Resources Corp. (TSXV:ARR) signs a definitive option agreement for the Tres Hermanas claims with Zodiac Capital Ltd.

The press release is quoted as saying:

This announcement follows Arco’s news release of January 18, 2011 concerning its access agreement with the community at Rio Dulce, and its existing letter of intent with Zodiac. Pursuant to the terms of the Option, Zodiac will incorporate and fund a Mexican subsidiary (“Zodiac Mexico”) that will earn a 90% interest in the Property over a three-year period in consideration for total cash payments of US$500,000.

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