San Marco Commences Evaluation Espiritu SMR Au-Cu-Mo Project

 

VANCOUVER - San Marco Resources Inc. has commenced exploration on its 100% owned Espiritu SMR property. Exploration work will include geological mapping, surface rock sampling and assessment of historical drillhole and rock data. The porphyry gold-copper-moly mineralized area of Espiritu SMR will be the primary focus of this exploration program.

Chris T. Grijalva, CEO said, "Preliminary property assessment has allowed us to recognize the porphyry gold-copper-moly potential for Espiritu SMR, the magnitude of which is unknown. The area will be re-mapped to determine the surface extent of the system(s). Our first pass review suggests the mineralized zones are open in all directions. We still need to understand the zoning and other possible controls of the mineralization in order to best target future drilling. San Marco is taking the Espiritu potential very seriously and, for this reason, has engaged an experienced, high calibre expert who immediately will create and execute an aggressive and systematic exploration program. We are targeting late November for completion of this first-pass program."

Espiritu SMR is located approximately 230 kilometers (km) east of Hermosillo and 15 km east of the town of Sahuaripa. Espiritu SMR, covers approximately 2,712 hectares and is located less than 30 km southeast of the Company's Chunibas and 1068 Projects. The property hosts porphyry gold-copper and polymetallic silver-lead-zinc mineralization. The gold-copper-moly porphyry system is located over the eastern section of the property, covering an area of 1200 x 1800 meters underlain by a zoned alteration sequence and quartz vein stockwork marked by strong quartz-sericite overprinting earlier potassic alteration.