Silver

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.

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