San Marco to Acquire Data Package and Drill Core on Espiritu SMR Property, Mexico
San Marco to Acquire Data Package and Drill Core
on Espiritu SMR Property, Mexico
Vancouver, B.C. –August 10th 2018: San Marco Resources Inc. (SMN: TSX-V) (“San Marco”
or the “Company") 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 Sahuaripa in Mexico. It covers approximately 2,712 hectares
and is located less than 30 kilometres southeast of the Company's Chunibas and 1068 Projects.
The Espiritu SMR property covers an extensive prospective area with two mineralized zones; a
northeast zone dominated by a copper-gold porphyry setting and a southwest zone dominated
by precious and base metal veins. Kootenay Silver Inc. and its partner, Pinecrest Resources
Ltd., conducted the most recent exploration on the Espiritu property. On June 15, 2012,
Kootenay announced the completion of five diamond drill holes totalling 409 metres in two of
seven known silver-rich mineralized areas on the southwest zone of Espiritu property.
Termination of Investor Relations Appointment
San Marco has terminated the appointment of Paul MacDonald as a non-exclusive investor
relations consultant to the Company announced on February 14, 2018.
About San Marco
San Marco Resources Inc. is a Canadian mineral exploration company with a portfolio of
promising projects in mining-friendly Mexico, including the Chunibas, 1068 and Espiritu SMR
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. San Marco currently has 66,286,082 issued and outstanding shares.
On behalf of the Board of Directors,
Christian Grijalva, B.Sc.
Chief Executive Officer
For further information, contact:
Nancy Curry
National Instrument 43-101 Disclosure
This news release has been approved by San Marco's Co -Chairman, Robert D. Willis, P. Eng. a
"Qualified Person" as defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects
of the Canadian Securities Administrators. He has verified the data disclosed, including sampling,
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analytical and test data, underlying such technical information by reviewing the assay reports provided to
San Marco by its independent testing laboratory.
The Company has implemented quality assurance (“QA”) and quality control (“QC”) programs to ensure
sampling and analysis of all exploration work is conducted in accordance with the best possible practices.
All sampling programs are carried out in a caref ul and diligent manner using scientifically established
sampling practices designed and tested to ensure that the results are representative and reliable. Quality
control programs appropriate to the type of sample and the mineralization are implemented, in cluding
such measures as external blanks, standards and duplicate samples. The security of samples from
sample acquisition to analysis is a vital component of the sampling process. Procedures include the use
of secure core logging, sampling, storage and preparation facilities as appropriate and the prompt, secure
and direct shipping of samples to the laboratories. Appropriate sample security procedures are employed
given the geographic and topographic conditions and the logistics created by the site location.
Forward Looking Information
Information set forth in this document may include forward-looking statements. While these statements
reflect management's current plans, projections and intents, by their nature, forward-looking statements
are subject to numerous risks and uncertainties, some of which are beyond the control of San Marco
Resources Inc. Readers are cautioned that the assumptions used in the preparation of such information,
although considered reasonable at the time of preparation, may prove to be imprecise and, as such,
undue reliance should not be placed on these forward-looking statements. San Marco's actual results,
programs, activities and financial position could differ materially from those expressed in or implied by
these forward-looking statements.
Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada
accepts responsibility for the adequacy or accuracy of this release.