TSX-V: SMN

Projects

Suanse

Summary

Size:1,115 hectares
Metals:Copper, Molybdenum , Gold and Silver
TargetPorphyry Copper and Polymetallic Veins
Stage:Early Stage
Ownership:100%
Location:Northern Sonora State, Mexico.

Property Highlights

  • The property is located 62 km southeast of the world class Cananea copper mine and 42 km to the north-west of La Caridad mine in the prolific Cananea-La Caridad copper belt of Northern Sonora State, which is known for being host for world-class porphyry copper deposits, and many high quality exploration copper-moly projects.
  • The Suanse property is located adjacent to the Llano del Nogal porphyry copper moly property, controlled by Evrim Resources Corp. and nearby Millrock Resources´ Batamote property.
  • The Llano del Nogal property hosts Laramide equivalent intrusives with alteration varying from propylitic to locally potassic and quartz-sericite. The primary copper mineralization is chalcopyrite associated to chlorite-K feldspar pyrite and magnetite veins. Interpretation suggests the presence of a shallowly buried porphyry target.*
  • The Batamote porphyry copper property is located 12 km to the east of Suanse, hosts a main alteration zone extending 6 km by 3 km. Millrock has outlined several copper-moly exploration targets, including hydrothermal breccia bodies, porphyry copper sheeted and stockwork mineralization.*

*The geological information on the Llano del Nogal propertyand theBatamote porphyry copper propertyhave not been verified by the Company, and readers are cautioned not to place undue weight on such information. The information is sourced from publicly disclosed information; The Llano del Nogal property, source Evrim Resources Corp. (www.evrimresources.com)and The Batamote property, source Millrock Resources Inc. (www.millrockresources.com).

Property Geology

According to Mexican governmental geological data, the Suanse property overlies a section of a large oxidation and argillization cell, which has an elongated shape trending northeast-southwest and measuring over 8 km along its axis. Associated to this alteration cell are many polymetallic and precious metals prospects hosted by Upper Cretaceous dacitic to andesitic rocks which in turn are being affected by porphyritic intrusive bodies. Relevant mineral “showings” located within the large alteration cell are Suanse Norte and Suanse Sur prospects which the Mexican geological survey describes as being part of a group of high angle epithermal to shallow mesothermal (Au, Ag, Pb, Zn and Cu) vein systems.

Exploration Plans

San Marco geological staff is preparing to do a first-pass ground validation and prospecting work at Suanse. The aim is to assess the alteration cell and look for mineralization within the main Laramide age rock domain and its peripheries, where Late Tertiary (post-mineral) rocks might be obscuring part of any potential mineralized system.

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