VANCOUVER, British Columbia, Jan. 16, 2018 -- San Marco Resources Inc. announces further assay results from continuing fieldwork at Chunibas. As disclosed in the Company’s news release dated January 10th, 2018, newly discovered copper and silver mineralization at the Company’s 100% owned Chunibas property has been located over an area of approximately 1.2 kilometres of strike and at least 100 metres of width [...]
VANCOUVER, British Columbia, Jan. 10, 2018 -- San Marco Resources Inc. announces the first assay results from the newly discovered copper and silver mineralization at the Company’s 100% owned Chunibas property, located approximately 160 kilometres east of Hermosillo, Sonora State, Mexico. As discussed in the Company’s news release dated November 29th, 2017, and as a follow-up to the Company’s grid soil [...]
San Marco Resources Inc. announces that it is continuing surface exploration at its 100% owned 1068 and Chunibas Projects. As well, discussions and property site visits continue with numerous third parties regarding their potential acquisition of an interest in San Marco's projects. San Marco's CEO, Bob Willis stated: "As we continue preparations to drill our 1068 copper, molybdenum and gold porphyry system, ongoing [...]
San Marco Resources Inc. announces the appointment of Christian T. Grijalva as Manager of Projects. Mr. Grijalva will be responsible for managing the Company's Mexican exploration, including drill target definition at the newly discovered porphyry system at Project 1068, detailed exploration and drill target definition at Chunibas, as well as new property acquisitions. Robert Willis, CEO of San Marco stated, "I am very [...]
San Marco Resources Inc. announces that it has completed its private placement financing announced September 29th, 2017. A total of 8,444,444 units were issued at $0.18 per Unit for gross proceeds of $1,519,920, a greater than 20% increase over the original financing target of $1,260,000. Insiders of the Company acquired 1,190,000 of the Units issued in this financing. Each Unit consisted of one common share of the [...]
San Marco Resources Inc. announces it is arranging a private placement to raise gross proceeds of up to C$ 1,260,000 through the sale of up to 7,000,000 Units in the Company at a price of $0.18 per Unit . There is no minimum number of Units being offered. Each Unit shall consist of one common share of the Company and one-half of one common share purchase warrant. Each whole warrant shall entitle the holder to purchase one [...]
San Marco Resources Inc. announces the results and recommendations of recent exploration on its 1068 Project. The Project is an undrilled copper, molybdenum and gold porphyry system discovered from San Marco's generative program . During construction of a preliminary access road to potential drill site areas, mineralization was noted in the roadway with copper values up to 0.76%, gold up to 0.17g/t and molybdenum up to [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 21, 2017) - San Marco Resources Inc. (TSX VENTURE:SMN) ("San Marco") announces the results and recommendations of the recent Chunibas Project exploration program. As noted in the Company's news release dated August 9th, 2017 regarding the Chunibas property, the discovery of breccias in the recent core drilling program has lead to the re-mapping of surface outcrops property [...]
Drill Permits Received for Project 1068 & Road Cut Samples Results Pending VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 9, 2017) - San Marco Resources Inc. (TSX VENTURE:SMN) ("San Marco" or "the Company") is renewing surface exploration of its 100% owned Chunibas property, with a focus on mapping the newly discovered intrusive related gold breccia body. Most of the recently completed drill holes bottomed in breccia [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 20, 2017) - San Marco Resources Inc. (TSX VENTURE:SMN) ("San Marco" or "the Company") has increased the Chunibas HQ core drilling program from four to six holes following the discovery of an extensive, previously unknown, intrusive breccia associated with mineralization encountered during the current drill phase. Management considers this to be a very important discovery [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 15, 2017) - San Marco Resources Inc. (TSX VENTURE:SMN) has entered into an agreement to sell its La Pinta 06 concession in Zacatecas, Mexico to a subsidiary of Goldcorp. Inc. for $4,090,545 MXN ($225,000 USD) and a 1% net smelter return royalty on future production from the concession. Completion of the sale is subject to the approval of the TSX Venture Exchange. The monies [...]
San Marco Resources announces that, following its annual general meeting on Thursday, May 31st, it has granted options to directors, officers and consultants to purchase a total of 1,700,000 shares at a price of $0.19 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 [...]
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