Atocha Receives Assay Results on Yukon Property
June 29, 2010 - Vancouver, British Columbia, CANADA – Atocha Resources Inc., (the Company), TSX.V – ATT is pleased to announce it has completed the exploration on its Yukon Strike 101-114 gold project near Dawson, Yukon Territory, and received results for 58 soil samples collected earlier in June. The well-located 14-lode quartz mineral claims are located in proximity to the White Gold property held by Underworld Resources, approximately 20 kilometres from Underworld’s White Gold discovery.
Soil geochemistry, particularly for gold, was utilized by Underworld and the original vendor of the White Gold property to outline the mineralized area which has become the White Gold discovery.
Samples were delivered to the newly opened ALS-Chemex prep facility in Whitehorse. Gold values range from <0.005ppm (detection limit) up to 0.030ppm Au. The areas of higher values above 0.015ppm Au are associated with slightly elevated Barium. Further evaluations will be by follow-up soil profiles and prospecting.
The program is carried out under the supervision of J. T. Shearer, M.Sc., P.Geo., the Qualified Person as defined by National Instrument 43-101.
The Company also reports that Mr. Jo Shearer has resigned as a Director of the Board effective June 26th, 2010 due to personal time constraints. Mr. Shearer will continue to act as the Qualified Person for the Company as defined by National Instrument 43-101
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. Atocha also has a 100% option on the Besshi gold project in B.C., the Atkinson (Detour Lake) gold project in Ontario and the Strike 101-114 Claims near Dawson City, Yukon.
For further information on Atocha, please refer to www.sedar.com.
For further information, please contact:
ETHOS CONSULTING, Investor Relations
Toll free: 888.818.1365
Email: info@ethosir.com
Or
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.
The TSX Venture Exchange does not accept responsibility for the accuracy or adequacy of this release.
