McGillivray: Second Phase of Fieldwork on the Exploration Program Completed

November 12, 2009 - Vancouver, British Columbia, CANADA – Atocha Resources (TSX.V-ATT), (the Company) has recently completed a second phase of fieldwork on its McGillivray Copper-Gold Property.  Follow-up soil sampling and geological mapping was conducted on the gold zone (see September 2, 2009 News Release).  Mapping clearly indicates that this zone is 100m east of the major terrane suture boundary between calcalkaline volcanics (Spences Bridge Terrane) and alkaline volcanics of possible Bridge River Terrane.  Additional soil and rock samples were collected and results are pending.

Northwest of the north fork of McGillivray Creek, a new mineralized zone approximately 50m wide was discovered, characterized by strong silica and oxide alteration.  This new zone is sub-parallel and about 100m west of the suture boundary and is open along strike.  Samples have been collected and have been submitted for assay.

The Company has granted 360,000 two year options to Directors and Consultants exercisable at a price of $0.16 until November 12, 2011. The newly granted options are subject to TSX Venture Exchange vesting provisions, if applicable.  

J. T. Shearer, M.Sc., P.Geo, is the Qualified Person as defined by NI 43-101 who supervised the preparation of the technical material of this release.

ABOUT ATOCHA

Atocha is a natural resources company engaged in the acquisition and exploration of mining properties.  The Company’s main focus is on exploration for copper and precious metals. The Company has an option to acquire a 100% undivided interest in the McGillivray Property, located in the Kamloops Mining Division of British Columbia.

For further information on Atocha, please refer to the Company’s Prospectus dated May 21, 2009 and available on SEDAR at www.sedar.com.

For further information, please contact A. Salman Jamal, Chief Executive Officer, at:

Telephone: 604 696-1111
Facsimile: 888 266.3983
E-mail: asj@atocharesources.com This e-mail address is being protected from spambots. You need JavaScript enabled to view it
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.