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Transaction Announcement Reports
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Project: | Buck | |
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Deposit: | Buck | |
Location: | Canada | |
Commodities: | Zinc-Silver-Gold | |
Date: | 5/12/2020 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 12-5-2020: San Marco Resources Inc. announces an Exploration/Drilling Update report for its Buck deposit at the Buck project. Drilling results incl. 200.7m @ 0.48g/t Au, 3.7g/t Ag, 0.2% Zn from 102.3m. Vancouver, British Columbia--(Newsfile Corp. - May 12 | |
Resources: | x | |
CP/QP: | [Overall Report]: Robert D. Willis (Internal) | |
ABSTRACT: | Vancouver, British Columbia--(Newsfile Corp. - May 12, 2020) - San Marco Resources Inc. (TSXV: SMN) ("San Marco") is pleased to announce it has intersected wide zones of continuous gold mineralization from its recently completed Phase 1 drill program at its 100% optioned gold/silver/zinc Buck property in north-central B.C. Highlights of the Phase 1 drill program include: San Marco's Executive Director, Bob Willis, states "We are very encouraged to see significant intervals of continuous gold mineralization at Buck, which confirms our preliminary findings that this is a large, near-surface gold/silver exploration opportunity. We intend to aggressively ramp up exploration efforts, with our 'boots on the ground' exploration team arriving on site in about three weeks. Our drill program gave us the first opportunity to see fresh core we could log and tie to gold mineralization, and to help target the best host rocks, alteration, and structural setting for gold deposition. We will use this new information to target drilling for Phase 2 and to prioritize numerous attractive, but previously poorly understood, target areas at Buck." | |
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