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Arco Resources Corp. (TSX VENTURE:ARR) reported that the company will conduct an additional non-brokered private placement of 1,500,000 units for gross proceeds of up to $90,000, subject to the approval of the TSX Venture Exchange.
Arco Resources Corp. (TSX VENTURE:ARR) reported that the company will conduct an additional non-brokered private placement of 1,500,000 units for gross proceeds of up to $90,000, subject to the approval of the TSX Venture Exchange.
The press release is quoted as saying:
Arco holds a 100% interest in six mineral claim blocks and the right to acquire 100% of a seventh, all located in the State of Oaxaca, Mexico. 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 Taviche and newly-acquired Predilecta claim blocks, each of which have had historical production of gold and silver.
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Click here to access Arco Resources Corporate Site