Welcome to San Marco Resources Inc.
San Marco Resources Inc. is a Canadian mineral exploration company with a portfolio of promising projects in mining-friendly Mexico, including the Chunibas, Espiritu SMR and 1068 Projects in Sonora State.
San Marco actively pursues a strategic project generation program focused on high-caliber, low acquisition cost opportunities in North-western Mexico. The Company has a committed management team with extensive experience in Mexico and a proven track record of building shareholder value.
Recent News: San Marco Announces Results of Phase I Drilling and Ongoing Joint Venture Exploration at the Chunibas Copper-Silver Project, Sonora, Mexico
- San Marco announces that Phase 1 exploration drilling results from Chunibas copper/silver project.
- San Marco and a wholly-owned subsidiary of Antofagasta plc (“Antofagasta”) 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 the Phase I exploration program, to a maximum of US$700,000.
- This initial program consisted of approximately 1,640 metres of diamond drilling distributed over 7 shallow drill holes.
- Five holes tested 1.2 km of the NW-SE striking mineralized corridor, whilst the remaining two holes tested approximately 400m width along one NE - SW section perpendicular to the corridor.
- The initial drill campaign achieved and confirmed the down-dip and along strike continuity of alteration, mineralization and receptive rock units mapped on surface. Highlights of the mineralized intervals are as follows:
- Drill hole CHD18-05: 7.45 meters @ 0.1% Cu and 2.3 g/ton Ag
22 meters @ 0.05% Cu and 0.7 g/ton Ag
- Drill hole CHD18-06: 3.0 meters @ 0.08% Cu and 0.6 g/ton Ag
- Drill hole CHD18-07: 6.0 meters @ 0.06% Cu and 0.3 g/ton Ag
- Final interpretation of drilling results will continue through Q1, to help vector towards areas which may host feeder zones of higher-grade mineralization. Click here for related images.