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May. 23, 2012 08:52AM PST
San Marco Resources Inc.(TSXV:SMN) announced phase one drill results from its 100% optioned Los Carlos property. The program drilled a total of seven holes and results confirmed gold and silver mineralization.
San Marco Resources Inc.(TSXV:SMN) announced phase one drill results from its 100% optioned Los Carlos property. The program drilled a total of seven holes and results confirmed gold and silver mineralization.
As quoted in the press release:
All seven drill holes intercepted gold and silver mineralization. Previous surface sampling by San Marco identified numerous mineralized structures within this main shear structure. Drilling confirms gold and silver mineralization hosted in quartz veins, veinlet’s and fracture fillings, having various orientations, occurs in numerous sub-parallel 2 – 30 m wide zones and extends from surface at least down dip to the reported drill intercepts.
San Marco, Chairman, Bob Willis, commented:
Our initial drill program has demonstrated that gold/silver grades and style of mineralization, are very similar to operating mines in the area. Of significance, San Marco’s adjoining 156 square km Los Carlos II concession hosts a number of old workings with similar geological signatures. Our geological team is currently ramping up exploration on two zones that are within 5 km from our current drilling location.
Click here to read the San Marco Resources Inc. (TSXV:SMN) press release
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