San Marco Resources Inc. announces that it intends to complete a private placement for gross proceeds of up to $500,000 through the issuance of up to 2,500,000 shares at a price of $0.20 each. The shares will qualify as "flow-through" shares under the Income Tax Act . The proceeds of the private placement will be used to incur "Canadian Exploration Expenses" on the exploration on the Buck property which qualify as [...]
San Marco Resources Inc. announces that it intends to complete a non-brokered private placement to raise gross proceeds up to C$ 1,050,000. The private placement will consist of up to 7,000,000 units at a price of $0.15 per unit. Each unit will consist 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 [...]
San Marco Resources Inc. announces that its exploration activities on the recently 100% optioned Buck gold/silver property are continuing in preparation for drilling. Drilling will commence upon receipt of a drill permit . The Buck property is located approximately 15 km south of Houston B.C. and has excellent road access enabling year-round exploration. Historical exploration includes drilling, ground and airborne [...]
San Marco Resources Inc. is pleased to advise as follows: Share Consolidation At a special general meeting of shareholders held today, its shareholders voted in favour of a special resolution to consolidate the Company's shares on a three into one basis. San Marco currently has 67,916,082 common shares issued and outstanding and, once the consolidation is completed, it will have 22,638,694 common shares issued and [...]
San Marco Resources Inc. provides an update on its option agreement to acquire a 100% interest in the Buck Property, an intermediate sulphidation, epithermal gold-silver zinc property near the town of Houston in north-central British Columbia, which it announced on July 16, 2019. Option Terms By incurring at least $112,000 in exploration on the property by December 31, 2019, and making cash payments totalling $300,000 and [...]
San Marco Resources Inc. is pleased to announce it has entered into an option agreement whereby San Marco has the right to acquire a 100% interest in the Buck Property, an intermediate sulphidation, epithermal gold/silver zinc property near the town of Houston in north-central British Columbia. The optionors are Dick Billingsley, and his wife, Gaye Richards, who notably vended the Tatogga project in the Golden Triangle to [...]
San Marco Resources Inc. announces the results of its annual general meeting held on June 20, 2019. Tookie Angus, Brian Lock, Andy Carstensen, Craig Prenter and Robert Willis were re-elected as directors of the Company for the next year. Bill Myckatyn did not stand for re-election. San Marco's board thanks Bill for his years of significant contributions to San Marco and wishes him well in his retirement. Also at the [...]
San Marco Resources Inc. is pleased to provide a corporate update on continued exploration activities at its existing projects in Sonora, Mexico along with ongoing evaluation of possible new project acquisitions currently under review. San Marco continues to hold a diversified portfolio of prospective property assets in Mexico's mining-friendly Sonora State and is continually pursuing its efforts to identify potential new [...]
San Marco Resources Inc. announces that Phase 1 exploration drilling results from its 100% owned Chunibas copper/silver project, located in Sonora State, Mexico have been received. San Marco and a wholly-owned subsidiary of Antofagasta plc have entered into an earn-in agreement to jointly explore and drill test several copper-silver rich mineralized targets mapped on surface. Antofagasta is funding all activities during [...]
San Marco Resources Inc. is pleased to announce it has completed a critical first phase of exploration and evaluation which confirms the existence of a porphyry copper-molybdenum-gold system at its 100% owned Espiritu SMR property in Sonora State, Mexico. In addition, work from this phase has identified previously unrecognized vectoring tools to optimize future exploration efforts toward priority target areas of potential [...]
San Marco Resources Inc. announces that diamond drilling has been completed at its 100% owned Chunibas copper/silver project, located in Sonora State, Mexico . San Marco and a wholly-owned subsidiary of Antofagasta plc have entered into an earn-in agreement to jointly explore and drill test several copper-silver rich mineralized targets mapped on surface. Antofagasta has funded all exploration during the current Phase I [...]
San Marco Resources Inc. announces that diamond drilling has commenced at its 100% owned Chunibas copper-silver project, located in Sonora State, Mexico . San Marco and a wholly-owned subsidiary of Antofagasta plc have entered into an earn-in agreement to jointly explore and drill test several copper-silver rich mineralized targets. For further detailed information about the "Agreement", please see Company's news release [...]
+9900,00 %
