Completes Program on St. Sixte Graphite Property in Quebec
posted on
Oct 10, 2012 10:23AM
October 9, 2012 - Vancouver, British Columbia, CANADA - Atocha Resources (the Company), TSX.V - ATT is pleased to announce its completion of the mapping and prospecting program on the Saint Sixte property.
Atocha's Saint Sixte graphite property covers 1,740 hectares in the Grenville sub-province of the Precambrian Shield in Quebec. The geological setting is considered to be favorable for deposits of graphite, gold, silver, copper, nickel, PGE (platinum group element) and REE (rare earth element) mineralization.
The Saint-Sixte property is located five kilometres west of the town of Saint-Sixte, Quebec just off Route 317, approximately 65 kilometres from Ottawa. The property covers a known extension of an airborne magnetic low anomaly that extends directly from Soldi Ventures Inc. (TSX.V- SOV) Lochaber graphite property. Located in a historic graphite mining district, it was initially explored for graphite in the early 1950's and again in the 1980's.
The Company hired a ground team to conduct a mapping and prospecting program to investigate the potential on the Saint-Sixte property. Reconnaissance mapping of the area has been done and any significant rock samples will be sent for analysis to Activation Laboratories. Updates on the results will be announced as soon as they become available.
The Saint Sixte property is 100% owned by Atocha as staked claims and is not subject to any NSR or work commitments.
The technical information in this news release has been reviewed by Derrick Strickland, P.Geo.
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 and KO Properties, located in 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 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.