San Marco Resources (TSXV:SMN) announced its purchase of the Mexico-based Los Carlos gold/silver prospect.
San Marco Resources (TSXV:SMN) announced its purchase of the Mexico-based Los Carlos gold/silver prospect.
As quoted in the press release:
Los Carlos has many historical workings apparently 80 – 100 years old, which targeted gold and silver in 1m – 3m wide oxidized shear structures. Sample results provided by the optionors indicate ranges of 5g/t – 30g/t gold and 20g/t – 200g/t silver from the historical workings.
San Marco’s Chairman, Robert Willis said:
Los Carlos is a very significant addition to San Marcos property portfolio. Mineralization not only occurs in higher grade shear structures, but also in the host rhyolite porphyry. This property could host a valuable bulk minable, gold and silver deposit.
Click here for the San Marco Resources (TSXV:SMN) press release.
MARKETS
COMMODITIES
| Commodities | |||
|---|---|---|---|
| Gold | 1801.89 | +0.36 | |
| Silver | 20.82 | +0.02 | |
| Copper | 3.68 | -0.03 | |
| Palladium | 2224.19 | +14.20 | |
| Platinum | 965.47 | +2.48 | |
| Oil | 91.88 | -2.46 | |
| Heating Oil | 3.51 | +0.03 | |
| Natural Gas | 8.78 | -0.09 | |