Apr 17, 2012 — April 17, 2012 – Vancouver, British Columbia, CANADA – Atocha Resources (the Company), TSX.V – ATT reports it has engaged the services of Dany Boilard Inc. to begin exploration on the second Quebec graphite property announced on April 10, 2012 via www.sedar.com .
With the addition of the new Saint-Sixte graphite property, the Company now holds 3,215 hectares in the Grenville sub-province of the Precambrian Shield in Quebec. The area is considered to be highly favourable for graphite, gold, silver, copper, nickel, PGE (platinum group element) and REE (rare earth element) mineralization.
The Saint-Sixte property covers the extension of an airborne magnetic low anomaly that extends directly from Soldi Ventures Inc., (TSX.V-SOV) Lochaber graphite property which was announced via www.sedar.com on February 13, 2012. In that news release Soldi stated that “a strong, wide airborne conductor was discovered and a ground visit to the location revealed massive flake graphite.†The geophysical map of the area shows a strong magnetic low, which may represent the airborne conductor on the Soldi property, extending through the Saint-Sixte area. The map can be viewed at http://www.atocharesources.com/maps/att-mg.jpg .
Dany Boilard Inc. has been hired to carry out detailed exploration through GIS compilation, site visits and a mass mailing to the landowners in the Saint-Sixte property area. All property data on the MRNF E-Sigeom database will also be compiled to prepare a comprehensive exploration plan for the 2012 exploration season. The location and address of the private landowners in the area will be determined by a mass mailing / compilation of answers to build a database of land ownership that can be accessed for exploration, as required under articles 235 and 236 of the Quebec mining act.
The new graphite property is located five kilometres west of the town of Saint-Sixte, Quebec, just off of Route 317, approximately 65 kilometres to the east of Ottawa. The area has been subject to logging and forestry work and a good road network is in place. The property is located in a historic graphite mining district, and was explored for graphite in the early 1950′s and again in the 1980′s, when an airborne survey was flown to better define targets. The Saint-Sixte Property is 100% owned by Atocha Resources and is not subject to any NSR or work commitments.
The technical information in this new release has been reviewed by Derrick Strickland, P.Geo.
Shareholders and Investors are encouraged to sign on to the Company mail list in order to receive timely updates. Please visit www.atocharesources.com or email [email protected] 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 copper and precious metals. The Company has a 100% undivided interest in the McGillivray Property, located in the Kamloops Mining Division of British Columbia. The Company has an option to acquire a 100% undivided interest in the Atkinson (Detour Lake) gold project in Ontario. Atocha owns the Sol Riche and Tresor Nord/Sud REE properties in Montviel Township of Quebec, the Trove, Descouverte, and Bijou gold properties and the Montpellier & Saint-Sixte graphite in the Grenville Belt of Quebec and the Strike 101-114 gold claims near Dawson City, Yukon.
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: [email protected]
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.
The TSX Venture Exchange does not accept responsibility for the accuracy or adequacy of this release.
Source: http://www.marketwatch.com/story/atocha-explores-second-graphite-property-in-grenville-sub-province-quebec-2012-04-17
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