• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • WORLD EDITION
      Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • WORLD EDITION
      North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Minerals
    Tech
    Life Science
    Base Metals Market
    Base Metals News
    Base Metals Stocks
    • Base Metals Market
    • Base Metals News
    • Base Metals Stocks
    market news

    San Marco Field Crews Expand Gold-Copper-Molybdenum Porphyry System on the 1068 Project

    Melissa Shaw
    May. 02, 2017 08:48AM PST
    Base Metals Investing

    San Marco Resources (TSX VENTURE:SMN) (“San Marco” or the “Company”) announces that results from ongoing geological mapping and prospecting have confirmed and expanded the size potential of Target #1068 in Sonora State, Mexico, elevating the target to project status. San Marco field crews completed geological and alteration mapping, stream sediment and rock chip sampling and …

    San Marco Resources (TSX VENTURE:SMN) (“San Marco” or the “Company”) announces that results from ongoing geological mapping and prospecting have confirmed and expanded the size potential of Target #1068 in Sonora State, Mexico, elevating the target to project status.
    San Marco field crews completed geological and alteration mapping, stream sediment and rock chip sampling and petrographic analyses of select samples on the 1068 Project, a porphyry Gold-Copper- Molybdenum system identified by the Company’s generative program.
    Highlights from the program include:

    • Mapping increased the phyllic alteration (quartz, sericite, pyrite) halo surrounding the potassic alteration core to 1000m X 450 m, and defined an internal zone of strong phyllic stockwork developed in the volcanic lithocap.
    • The primary target remains hypogene (sulphide) copper-gold-molybdenum mineralization hosted in feldspar/quart/biotite porphyry.
    • Initial exploration program complete
    • Surface access rights secured over main targets
    • Application for drilling approval from the Mexican Ministry of Environment and Natural Resources (SEMARNAT) in process.
    • Project is deemed to be drill ready.

    San Marco’s CEO, Bob Willis stated:

    “We are very fortunate to have discovered a copper, gold, moly porphyry environment so early in our regional generative exploration program. Phase I exploration at Project 1068 is complete, however, ongoing detailed geological and structural mapping, additional petrographic analysis will continue. The system is large and robust but complete testing requires sampling below the lithocap. Drilling is the next logical step to confirm if 1086 is the significant new porphyry discovery it currently appears to be.”
    Click here to read the full text release.

    market news
    The Conversation (0)

    Go Deeper

    AI Powered
    Corcel Exploration (CSE:CRCL)

    Corcel Exploration

    Brixton Metals Makes Copper-Gold Porphyry Discovery at the Catalyst Target on its Thorn Project

    Brixton Metals Makes Copper-Gold Porphyry Discovery at the Catalyst Target on its Thorn Project

    Latest News

    Proposed Sale of Asiamet's Interest in the KSK Project and Notice of General Meeting

    Finlay Minerals completes the 2025 Exploration Programs on the PIL and ATTY Toodoggone Projects

    Cloncurry Gold Project Sale/Orion Merger Transaction Update

    Canada One Provides Exploration Review of Boundary Zone, Copper Dome Project

    Falco Commences Broad Exploration Program Across the Noranda Camp

    More News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
      • Electric Vehicles
    • Agriculture
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Energy
      • Uranium
      • Oil and Gas
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Robotics
      • Crypto
      • Cleantech
    Life Science
      • Biotech
      • Cannabis
      • Pharmaceuticals

    Featured Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES