San Marco to Sell LA Pinta 06 to a Subsidiary of Goldcorp
SAN MARCO TO SELL LA PINTA 06 TO A SUBSIDIARY OF GOLDCORP
Vancouver, B.C. – June 15th, 2017: San Marco Resources Inc. (SMN: TSX-V) 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 generated from the sale of La Pinta 06 concession, a non -core asset, will go into
working capital as San Marco focuses on its recently announced drill program on its Chunibas
project, trenching program on its Oregano project, further ground work surface sampling on its
1068 project and its on-going generative program.
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, Mariana and 1068
Projects in Sonora State.
San Marco actively pursues strategic project generation program focused on high -caliber, low
acquisition cost opportunities in the 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 56,051,832 issued and outstanding shares.
On behalf of the Board of Directors,
Robert Willis, P. Eng.
President & CEO
For further information, contact:
Nancy Curry
Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada
accepts responsibility for the adequacy or accuracy of this release.