San Marco Resources Inc. is pleased to announce it has commenced exploration on its 100% owned Espiritu SMR property. Exploration work will include geological mapping, surface rock sampling and assessment of historical drillhole and rock data. The porphyry gold-copper-moly mineralized area of Espiritu SMR will be the primary focus of this exploration program. San Marco has engaged Luciano Bocanegra to lead the [...]
San Marco Resources Inc. announces it has agreed to buy a data package and drill core on its Espiritu SMR Property from Kootenay Silver Inc. As payment for the data, San Marco will issue, subject to TSX Venture Exchange approval, 200,000 common shares to Kootenay. About the Espiritu SMR Property The Espiritu SMR property is located approximately 230 kilometres east of Hermosillo and 15 kilometres east of the town of [...]
San Marco Resources Inc. announces it has signed an earn-in agreement with a wholly-owned subsidiary of Antofagasta plc over San Marco´s 100% owned Chunibas Project in Sonora State, Mexico . Under the Agreement, Antofagasta can acquire a 70% interest in the Project by expending or incurring US$8 million in exploration expenditures in respect of the Project and making cash payments for an aggregate amount of [...]
VANCOUVER, British Columbia, July 19, 2018 -- San Marco Resources Inc. announces the results and recommendations of its continuing Chunibas exploration program. Most recent surface exploration activities included geological mapping, trenching and geochemical surveys. As a result, the San Marco team has expanded the known surface expression of the mineralized system and confirmed consistent copper mineralization in several [...]
San Marco Resources announces that, following its annual general meeting on June 1st, 2018, it has granted options to directors, officers and consultants to purchase a total of 2,150,000 shares at a price of $0.185 per share for five years. The options vest, as to 25% each, on granting and on the next three, six and nine months. About San Marco San Marco Resources Inc. is a Canadian mineral exploration company with a [...]
VANCOUVER, British Columbia, June 05, 2018 -- San Marco Resources Inc. is pleased to announce approval of all matters at the Company’s Annual General Meeting held June 1st, 2018, including the re-election of all current directors for the ensuing year. In addition, San Marco announces that Christian Grijalva, B.Sc. has been appointed as the CEO of the Company; he previously was the Company’s Vice President [...]
VANCOUVER, British Columbia, May 15, 2018 -- San Marco Resources Inc. is pleased to announce it has been awarded the Espiritu SMR property in the Mexican government’s recent mineral concession lottery. Espiritu SMR is located approximately 230 kilometres east of Hermosillo and 15 km east of the town of Sahuaripa. This new land acquisition covers approximately 2,712 hectares and is located less than 30 km SE of the [...]
VANCOUVER, British Columbia, May 02, 2018 -- San Marco Resources Inc. is pleased to announce that it has been awarded the Suanse property in the Mexican government’s recent mineral concession lottery. The property covers 1,115 hectares and is located 62 kilometres southeast of the world class Buenavista copper mine and 42 km to the north-west of La Caridad mine , in the prolific Cananea-La Caridad copper belt of [...]
VANCOUVER, British Columbia, March 26, 2018 -- San Marco Resources Inc. reports results of ongoing exploration at its wholly-owned Chunibas Project in eastern Sonora State, Mexico and the development of a model for copper-silver genesis on the Project that will guide exploration plans in preparation for a drill program on the high-grade copper-silver mineralization discovery. As announced on January 10, 2018, Chunibas [...]
VANCOUVER, British Columbia, Feb. 27, 2018 -- San Marco Resources Inc. announces the completion of the previously announced Induced Polarization survey at the Company’s 100% owned 1068 porphyry copper, gold, molybdenum project in Sonora State, Mexico. A pole-dipole IP survey was completed over a 2 kilometre by 2.8 kilometre grid with northeast trending lines spaced every 400 metres. The survey succeeded, detecting a [...]
VANCOUVER, British Columbia, Feb. 14, 2018 -- San Marco Resources Inc. announces the engagement of Paul MacDonald to serve as Investor Relations Consultant to the Company on a non-exclusive basis for a period of one year commencing February 14, 2018. Mr. MacDonald will advise the Company on investor communications and market awareness efforts, assist management in developing a strategy to enhance and expand the Company's [...]
VANCOUVER, British Columbia, Jan. 31, 2018 -- San Marco Resources Inc. announces the appointment of Christian T. Grijalva as Vice President of San Marco and San Marco Resources, Mexico SA de CV. Previously, Christian was Manager of Projects for the Company, overseeing all Mexico operations. Robert Willis, San Marco’s CEO stated, “A significant part of building a strong exploration team is recognition of [...]