Jun. 22, 2010 (TheNewswire.ca) --
June 22, 2010 - Vancouver, British Columbia, CANADA - Atocha Resources Inc. (TSXV:ATT) , (the Company), TSX.V - ATT is pleased to announce it has completed exploration on its Yukon Strike 101-114 Gold Project near Dawson City, Yukon Territory. The well located 14 lode Quartz mineral claims are located in proximity to the White Gold Property held by Underworld Resources (OOTC:UNDWF) (TSXV:UW) (TSX.V symbol UW), approximately 20 km from Underworld's White Gold Discovery which has recently been acquired by Kinross Gold. (TSX:K''C) (TSX:K''B) (OOTC:KNRSF) (NYSE:KGC) (TSX:K'U) (TSX:K)
Atocha has carried out geological mapping in conjunction with soil geochemistry. 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.
Updates and results from the exploration will be reported as they become available.
The program is being carried out under the supervision of J. T. Shearer, M.Sc., P.Geo., the Qualified Person for this project under National Instrument 43-101.
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
Marcy Kiesman, Chief Executive Officer
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.
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