San Marco Samples 10.10 g/t Gold and 65.5 g/t Silver at Angeles
28 Janvier 2013 - 1:30PM
Marketwired Canada
San Marco Resources Inc. (TSX VENTURE:SMN) reports additional results from
surface and underground sampling at the Angeles property, Sonora State, Mexico.
Robert Willis, the Company's CEO, stated: "Ongoing exploration continues to
support our theory that the Angeles property hosts a multitude of mineralized
structures. In addition, interesting metal values also exist in the
metasediments between fault/shear zones. Significant geophysical anomalies
covered by alluvium, to the east and west, will need to be tested by drilling.
San Marco's Phase 1 drill program is expected to commence in the first quarter."
Four mineralized structures have now been mapped and sampled over a total strike
length of 2.5 km. Localized zones of good surface exposure over various sections
of these structures have been named Tompiate, Bonanza, La Verde and La Bota (on
the same structure), and Structure #4 (see map on the Company's website). All
samples are chip/channels, have a minimum length of 1 meter, and range up to 2.2
meters. Highlights of these results are:
La Verde/La Bota Zones (1,000 meters of strike and open)
% Combined
g/t Gold g/t Silver % Copper Lead/Zinc
----------------------------------------------------------
6.68 97.3 - -
5.47 81.7 0.34 -
3.06 131.0 0.70 1.01
1.41 23.7 0.10 -
10.10 65.5 0.13 0.71
2.73 9.4 0.27 -
Structure #4 (100 meters of strike and open)
% Combined
g/t Gold g/t Silver % Copper Lead/Zinc
----------------------------------------------------------
11.50 17.1 - -
3.04 9.1 - -
Bonanza Zone (200 meters of strike and open)
% Combined
g/t Gold g/t Silver % Copper Lead/Zinc
----------------------------------------------------------
2.33 1.9 - -
5.52 39.1 - -
1.69 51.5 0.26 1.33
Mapping and sampling of the newly discovered Bonanza tunnel, indicates that only
a small section of the main massive hematite structure remains available for
sampling. The workings have collapsed beyond this point. These workings appear
to be about 30 meters below the surface Bonanza samples, referred to above. Two
panel samples (approximately 45 kg each) of the previously mined mineralized
structure, assayed:
Bonanza Zone (underground)
% Combined
g/t Gold g/t Silver % Copper Lead/Zinc
----------------------------------------------------------
4.29 22.4 0.71 2.69
3.61 28.4 0.43 2.09
Panel samples of the footwall shear zone and hanging wall breccia flanking the
Bonanza main structure, assayed:
% Combined
g/t Gold g/t Silver % Copper Lead/Zinc
----------------------------------------------------------------------------
Hanging wall 1.13 10.7 0.18 1.96
Footwall breccia 0.57 20.2 0.51 6.49
Footwall breccia 0.64 15.0 0.33 2.56
Width of these zones is unknown, since previous mining only extracted the main
mineralized hematite structure.
Tompiate zone results were previously reported in the Company's News Release
dated October 11th, 2012.
Old workings have been discovered approximately 800 meters to the west of the La
Bota Zone. A grab sample from dumps assayed, 0.26 g/t gold; 174 g/t silver and
1.92% copper. The Phase 1 drill hole plan is being finalized, with field work
expected to commence in March.
The technical information contained in this press release has been verified, and
this news release has been approved, by San Marco's CEO, Robert D. Willis, P.
Eng., a 'qualified person' for the purpose of National Instrument 43-101,
Standards of Disclosure for Mineral Projects of the Canadian Securities
Administrators.
FOR FURTHER INFORMATION PLEASE CONTACT:
San Marco Resources Inc.
Rick Peterson, Corporate Finance Consultant
604-913-9419 or 604-868-3164
CAN (Toll Free) 1-888-888-9122
USA (Toll Free) 1-888-888-9123
rick@rickpeterson.ca
San Marco Resources Inc.
Robert D. Willis
CEO
604-568-5951 or 604-813-2606
rwillis@sanmarcocorp.com
www.sanmarcocorp.com
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