San Marco Prioritizes Drill Targets on Chunibas, Raises $717,475 from Warrants Exercised and Launches New Website

VANCOUVER, BRITISH COLUMBIA–(Marketwired – March 2, 2017) – San Marco Resources Inc. (TSX VENTURE:SMN) (“the Company” or “San Marco”) provides an exploration update on the Chunibas Property located in Sonora State, Mexico and an update on corporate activities.

Chunibas Property Update

Exploration results from the recently completed property wide soil sampling grid (approximately 1,000 samples) have confirmed the existence of the primary gold target, 600 metres X 800 metres. Historical data has been incorporated with the Company’s recent exploration work, resulting in field evidence that the north-south trending shear/vein structures coalesce in various zones along strike. This has reinforced the geological model that wider zones of gold mineralization, flanking the high-grade shear structures, some of which continue to be mined by local gambosinos (miners), where grades appear to be in the 15 g/t gold range, exist. The Company’s sampling of the one to two metre-wide structures has resulted in grades up to 46 g/t gold.

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