San Marco Resources Inc. is pleased to announce that it has commenced drilling at its 100% optioned gold/silver/zinc Buck property in north central B.C. Highlights of the fully-funded Phase I drill program include: Up to 2,000 metres of HQ diamond drilling Investigate potential depth extensions of known mineralized zones Step-out drilling in areas of potential new discoveries Confirm bulk tonnage potential as well as [...]
San Marco Resources Inc. confirms receipt of a 5-year, area-based exploration permit for its 100% optioned Buck gold/silver/zinc project. The permit allows for substantial drilling on the property, which will help test the known mineralized footprint, as well as outline additional targets for potential new discoveries. The fully funded Phase I drilling program will consist of approximately 2,000 metres of HQ drill core [...]
San Marco Resources Inc. announces that it has closed its over-subscribed non-brokered private placement by raising C$ 784,849.91 from the issuance of 5,813,703 units at a price of $0.135 per unit. Each unit consisted of one common share and one-half of one common share purchase warrant. Each whole warrant entitles the holder to purchase one common share for $0.20 until February 19, 2023. If, after June 19, 2020, the [...]
San Marco Resources Inc. announces subscriptions for a further $68,050 in its over-subscribed non-brokered private placement to raise C$ 500,000. It has now received subscriptions totalling C$ 784,849.91 and that it has closed the subscription book. The private placement now consists of 5,813,703 units at a price of $0.135 per unit. Each unit consists of one common share and one-half of one common share purchase warrant [...]
San Marco Resources Inc. announces that its non-brokered private placement to raise C$ 500,000 has been over-subscribed. It has received subscriptions totalling C$ 716,799.92. The private placement now consists of 5,309,629 units at a price of $0.135 per unit. Each unit consists of one common share and one-half of one common share purchase warrant. Each whole warrant will entitle the holder to purchase one common share [...]
San Marco Resources Inc. announces that it has arranged a non-brokered private placement to raise gross proceeds of C$ 500,000. The private placement consists of up to 3,703,704 units at a price of $0.135 per unit. Each unit consists of one common share and one-half of one common share purchase warrant. Each whole warrant will entitle the holder to purchase one common share for three years at a price of $0.20. If the [...]
San Marco Resources Inc. is pleased to announce the imminent approval of a five year area-based exploration permit for the Company's Buck gold/silver/zinc property near Houston, B.C. The permit includes 30 drill sites of where multiple holes may be drilled from the same drill pad. Geophysics may be included in the initial exploration program. Phase I exploration program activities will utilize existing access trails to [...]
San Marco Resources Inc. announces that it has revised its non-brokered flow through private placement announced October 9, 2019. The private placement now consists of 266,667 shares at a price of $0.15 each. The shares will qualify as "flow-through" shares under the Income Tax Act . About San Marco San Marco is a Canadian mineral exploration company actively pursuing world class gold, silver, zinc and copper projects [...]
San Marco Resources Inc. is pleased to announce that it has retained Momentum Public Relations Inc. to assist with strategic business development activities. Momentum, a Montreal, Quebec based public relations firm, will assist the Company in increasing public awareness by managing the Company's corporate communications and marketing activities and facilitating dialogue with the Company's shareholders, finance [...]
San Marco Resources Inc. is pleased to announce that the historical data review nears completion on the Buck gold/silver/zinc property near Houston, B.C. This database, which is the consolidation of several millions of dollars of exploration work by previous property owners over the past 75 years, is proving to be invaluable in defining new drill targets. Mineralized volcanic breccia-hosted near-surface historical drill [...]
San Marco Resources Inc. has completed the sale of 3,738,334 units at $0.12 per unit for gross proceeds of $448,600 under its non-brokered unit private placement announced September 26, 2019. Each unit was comprised of one share and one warrant to purchase one common share for three years at a price of $0.20 for the first two years and $0.25 for the third year. The Company paid 6% finders fees in cash or units and 6 [...]
San Marco Resources Inc. announces that it has revised the terms of its non-brokered unit private placement announced September 26, 2019. The private placement now consists of 3,138,334 units at a price of $0.12 per unit for gross proceeds of C$ 376,600. Each unit will be comprised of one share and one warrant to purchase one common share for three years at a price of $0.20 for the first two years and $0.25 for the third [...]
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