San Marco Commences Drilling at Angeles

San Marco Resources Inc. (TSX VENTURE:SMN) has commenced a Phase I diamond
drilling program on its Angeles property in northern Sonora state, Mexico.


The 2013 Phase I program includes a minimum of 2,500 meters of HQ core drilling,
focusing on the La Bonanza and La Verde zones, 2 of the primary targets
identified by a combination of geological, geochemical and geophysical data
gathered and compiled by Company geologists. Early indications suggest that
mineralization at Angeles is related to an epithermal, detachment fault type
geological environment, which is similar to numerous deposits located in the
southern US, including New Gold's Mesquite mine, which hosts 5.6 million ounces
gold (M&I Resources).


The Angeles exploration is being funded by Exeter Resource Corporation
(TSX:XRC)(NYSE MKT:XRA)(FRANKFURT:EXB), which has an initial option to earn a
51% interest in Angeles by funding $10 million in exploration expenditures over
4 years, and where San Marco, as operator, will complete $1M of firm commitment
exploration expenditures in 2013, including at least 2,500 meters of drilling
(News Release dated March 4, 2013). Drill hole intercepts with assay results
will be disclosed upon geological analysis of several drill holes in each of the
target zones.


The Company acquired an option to purchase 100% interest in Angeles in mid-2012,
and subsequently completed surface rock chip and soil sampling, trenching, a
magnetometer survey and detailed geological mapping. In addition to discovering
some 100 year old underground workings, (sample results discussed in News
Releases dated October 11, 2012, November 27, 2012 and January 15, 2013),
several sub parallel shear and fault structures were identified over a 3 km
strike length, and having widths ranging from 1 - 16 meters. Identified
structures are mineralized, with a variety of potentially economic values of
gold, silver, copper, lead and zinc occurring in hematite rich, hydrothermal
breccias and silicified meta-sediments, associated with regional NW structural
features. Petrographic studies indicate at least 5 brecciating, quartz veining,
faulting and silicification events, of which 3 appear to be associated with
mineral deposition. Overprinting of these mineralizing sequences, coupled with
the intense regional faulting, has created a structural and geological
environment conducive to host mineralization.


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.


This news release contains "forward-looking information" and "forward-looking
statements" (together, the "forward-looking statements"), which are not
historical facts are forward-looking statements that involve risks,
uncertainties and other factors that could cause actual results to differ
materially from those expressed or implied by such forward-looking statements.
Factors that could cause such differences, without limiting the generality of
the following, include: risks inherent in exploration activities; volatility and
sensitivity to market prices; volatility and sensitivity to capital market
fluctuations; the impact of exploration competition; the ability to raise funds
through private or public equity financings; imprecision in resource and reserve
estimates; environmental and safety risks including increased regulatory
burdens; unexpected geological or hydrological conditions; changes in government
regulations and policies, including trade laws and policies; failure to obtain
necessary permits and approvals from government authorities; weather and other
natural phenomena; and other exploration, development, operating, financial
market and regulatory risks. These forward-looking statements are made as of the
date of this news release. San Marco Resources Inc. disclaims any intention or
obligation to update or revise any forward-looking statement, whether as a
result of new information, future events or otherwise. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
San Marco Resources Inc.
Rick Peterson
V.P. Corporate Development
604-568-5951 or 604-868-3164
rick@rickpeterson.ca


San Marco Resources Inc.
Robert D. Willis
CEO
604-568-5951 or 604-813-2606
604-568-5971 (FAX)
rwillis@sanmarcocorp.com
www.sanmarcocorp.com
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