VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 10, 2015) - San Marco Resources Inc. (TSX VENTURE:SMN) ("San Marco" or "the Company") has acquired 100% ownership of a strategically-located 12 hectare claim in the El Chunibas area of the Cuatro de Mayo project, in exchange for a one-time payment of US$ 10,000. There is no retained interest or future royalty payable to the counterparty to the acquisition agreement, a [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 29, 2015) - San Marco Resources Inc. (TSX VENTURE:SMN) ("San Marco" or "the Company") has completed its non-brokered private placement financing announced on October 24 and December 17, 2014. A total of 12,967,500 units ("Units") were issued at $0.05 per Unit for gross proceeds of $$648,375, a roughly 30% increase over the original financing target of $500,000. Insiders of [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 22, 2014) - San Marco Resources Inc. (TSX VENTURE:SMN) ("San Marco" or "the Company") announces that a special resolution to approve the consolidation of the Company's shares on the basis of one new share for every five old shares was passed by shareholders of the Company at a Special General Meeting held in Vancouver, BC on December 22, 2014. Of the shares voted, 96% were [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 17, 2014) - San Marco Resources Inc. (TSX VENTURE:SMN) ("San Marco" or "the Company") announces that, as a result of changes in market conditions, the Company's board of directors has revised certain pricing terms of the non-brokered private placement financing announced on October 24, 2014. The proposed private placement financing will still occur on a post (five into one [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 16, 2014) - San Marco Resources Inc. (TSX VENTURE:SMN) ("San Marco" or "the Company") has signed a two year option agreement with Argonaut Gold Inc. ("Argonaut") (TSX:AR) of Toronto, Ontario to acquire a 457 hectare concession that contains a number of established gold targets in the El Chunibas area of the Cuatro de Mayo District in northern Mexico. Under the terms of the [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 1, 2014) - The Board of Directors of San Marco Resources Inc. (TSX VENTURE:SMN) ("San Marco" or "the Company") announces the appointment, effective today, of Mr. Bernie Zacharias as the Company's Chief Financial Officer and Ms. Barbara Henderson as the Company's Corporate Secretary. These appointments follow the resignation of Julie Capstick from the positions of CFO and [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 24, 2014) - The Board of Directors of San Marco Resources Inc. (TSX VENTURE:SMN) ("San Marco" or "the Company") reports that as a result of extensive discussions with various financial advisors, it believes it is in the best interest of the Company to consolidate its common shares on the basis of one (1) post-consolidation common share for every five (5) pre-consolidation [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 8, 2014) - San Marco Resources Inc. (TSX VENTURE:SMN) ("San Marco" or "the Company") is pleased to announce rock chip sampling results from four trenches recently completed at the El Valle shear zone on the Company's Cuatro de Mayo project in Sonora State, Mexico. This trench sampling has returned results of up to 0.55 g/t gold over 24 metres. Recent mapping along the El [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 2, 2014) - San Marco Resources Inc. (TSX VENTURE:SMN) ("San Marco" or "the Company") has discovered the presence of alteration patterns consistent with high sulfidation epithermal-type gold deposits at its CdM South concession in the Cuatro de Mayo Project, Sonora State, Mexico. Furthermore, stream sediment sampling, using the bulk leach extractable gold ("BLEG") technique [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 29, 2014) - San Marco Resources Inc. (TSX VENTURE:SMN) ("San Marco" or "the Company") herein provides an interim report on its initial phase of confirmatory and early stage exploration work on the Cuatro de Mayo Project in eastern Sonora State, Mexico and concludes, based on its field observations to date, that additional reconnaissance level and follow-up prospecting and [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 3, 2014) - San Marco Resources Inc. (TSX VENTURE:SMN) ("San Marco" or "the Company") has elected to discontinue all involvement at its Tecomate Project in Sinaloa State, Mexico. San Marco had previously drilled two targets on the Tecomate Project (see news releases dated November 7, 2011 and January 12, 2012 available at www.sanmarcocorp.com). Upon careful consideration and [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 14, 2014) - San Marco Resources Inc. (TSX VENTURE:SMN) ("San Marco" or "the Company") has signed an agreement (the "Agreement") granting the Company an option to acquire a 100% interest in the Cuatro de Mayo Project in eastern Sonora State, Mexico, subject to regulatory approval including the approval of the TSX Venture Exchange. The Cuatro de Mayo project comprises roughly [...]