San Marco Samples 83.4m of 1.44 g/t AuEq at Tecomate
(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 09/07/11 -- San Marco Resources (TSX VENTURE: SMN) (the Company) reports significant trench results from its 100% owned Tecomate property in Mexico. Recent exploration has focused on an area located 750m northwest from the Main Zone (see company website for details). Geological mapping of the 200m wide shear structure indicates this zone is continuous with the Main Zone, resulting in approximately 1.2 km of strike, and still open.
Highlights of continuous 2.5m rock chip samples in trenches include;
One additional trench located 100m south east of the above trench reported;
(i) AuEq is calculated using $1000/oz gold and $22/oz silver.
(i) metallurgical recoveries presumed to be 100%
These new results compliment the previously reported (May 26, 2011 news release) trench results in the Main Zone of 60m grading 1.19 g/t gold (western slope) and 60m grading 0.69 g/t gold (eastern slope).
Also, previously reported high grade sample results (July 19th, 2011 news release) from the La Verdosa area, 6.2m of 117 g/t silver, 1.04% copper, 3.7% zinc, 1.0% lead, and 0.12 g/t gold, have indicated discovery potential of several different types of mineral deposits at Tecomate.
In preparation for drilling the Main Zone, NW Zone, Main Zone west extension and La Verdosa, crews are upgrading access roads, preparing camp and support facilities and continuing to explore additional mineralized areas in and around current surface showings.
Phase 1 drilling will consist of 3000 meters and is expected to commence in 3 weeks. A second drill will arrive on site in late October.
The technical information contained in this press release has been based on information reviewed by San Marco's President, Robert D. Willis, P. Eng., a 'qualified person' for the purpose of National Instrument 43-101, Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators.
Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.
Contacts:
San Marco Resources Corp.
Robert D. Willis
Chairman & CEO
604-813-2606
San Marco Resources Corp.
Mike Mallard
V.P. Corporate Communications
604-506-3776
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Datum: 07.09.2011 - 11:30 Uhr
Sprache: Deutsch
News-ID 63191
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VANCOUVER, BRITISH COLUMBIA
Kategorie:
Mining & Metals
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