Atocha Completes REE Exploration on Tresor Nord Property, Abitibi, QC
September 8, 2011 - Vancouver, British Columbia, CANADA – Atocha Resources (the Company), TSX.V – ATT reports that the Phase 1 exploration program on its wholly owned Tresor Nord, rare earth element (REE) Property located 13km north east of the Montviel carbonatite complex in Quebec’s Abitibi region, has been completed.
The Montviel carbonatite complex is located 200km north of Val-d’Or extending over an area of 32km2 making it one of North America’s largest carbonatite complexes. Carbonatite complexes are a significant host for REE’s worldwide and have been proven to produce rare earth concentrates and oxides. Neighbours in the Montviel area are Canada Rare Earth’s (TSX-V: CJC) and GeoMegA Resources Inc. (TSX.V: GMA). GeoMegA announced the final results of its Phase 1 drilling on its Montviel REE Property on August 2, 2011 on www.sedar.com where Simon Britt, President and CEO commented “Montviel’s location in Quebec (Plan Nord eligible), road accessible, nearby electric power and rail networks is equally world class.”
The exploration consisted of 32 line kilometres of magnetometer and VLF-EM geophysical surveys and vegetation (bark) sampling at 50m intervals resulting in 648 samples from 1,296 geophysical stations. As case studies indicate that the outer bark gives more contrast than the inner bark, only the outer bark will be tested. The results of the samples will be released as they are received.
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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, the Trove, Descouverte and Bijou gold properties in the Abitibi of Quebec. Atocha owns the Sol Riche and Tresor Nord/Sud REE properties in Montviel Township in 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: 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.
