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San Marco and GlobeTrotters to Team Up to Find Mineral Targets
Mar. 07, 2016 01:11PM PST
Base Metals Investing San Marco Resources Inc. (TSXV:SMN) and GlobeTrotters Resource Group Inc. announced that they will initiate a state-wide effort to generate and acquire new high-potential and overlooked mineral targets in Sonora, Mexico.
San Marco Resources Inc. (TSXV:SMN) and GlobeTrotters Resource Group Inc. announced that they will initiate a state-wide effort to generate and acquire new high-potential and overlooked mineral targets in Sonora, Mexico.
As quoted in the press release:
GlobeTrotters is a private British Columbia company operating in Peru by generating and staking new projects, mainly focused on porphyry style targets. GlobeTrotters’ management applies a unique set of filtering algorithms to large scale sets of Landsat, ASTER and other remote sensing media followed by rigorous ground proofing to select and stake the highest potential targets, many of them previously unrecognized and untested. Since 2011, GlobeTrotters has built an outstanding set of early stage projects in Peru, optioning several to larger companies. One new porphyry discovery has already resulted from the targeting campaign and GlobeTrotters continues to add to its project portfolio and work with major mining companies.
Like Peru, Sonora’s generally arid climate, extensive outcrop exposure and well understood stratigraphy lends itself to the application of remote sensing tools to rapidly and efficiently generate targets for follow up ground proofing and, if warranted, acquisition.
Robert Willis, CEO of San Marco, commented:
[W]e’ve seen what GlobeTrotters has been able to accomplish in a short period in Peru, finding outstanding targets and attracting the interest of several large companies to areas that have, in some cases, seen virtually no historic exploration. I’m very confident that Richard and his crew can take the same approach to the state of Sonora and meet with similar success. San Marco will then take the target set and apply our local knowledge and boots on the ground follow-up to winnow the list down to the highest potential areas for staking. The mining sector needs new targets and the combination of the talents of San Marco and GlobeTrotters will help find them.
