CALGARY, ALBERTA--(Marketwire - Feb. 18, 2010) - Desco Resources Inc. ("Desco" or the "Corporation") (TSX VENTURE:DSR.P) announces that it has entered into a letter of intent dated January 6, 2010 with Manitok Exploration Inc. ("Manitok") and accepted by Manitok on January 11, 2010, as amended effective as of January 15, 2010 (the "Letter of Intent"), with respect to a proposed amalgamation with Manitok (the "Amalgamation") and providing for the continuation of the operations of Manitok under the name "Manitok Exploration Inc."