San Marco to begin Phase One Drill Program at the Chunibas Project & Appoints New Chief Financial Officer

Click to access smn_nr04_2017-05-04_final_chunibas_drilling_cfo_appt.pdf

Vancouver, B.C. – May 4th, 2017: San Marco Resources Inc. (SMN: TSX-V) (“San Marco” or the “Company”) announces it has commenced preparation for Phase One core drill program at its 100% owned Chunibas gold/silver project, located approximately 160 kilometres east of Hermosillo, Sonora State, Mexico. • The Chunibas targets are a series of high-grade gold bearing veins hosted in intrusive rocks • There are 5 main vein zones; Santa Rosa, Argentina, Santa Fe, Gusima, and Western, which comprise a “mineralized corridor“ 750 metres wide and 1.5 kilometres long • The Company’s sampling of the one to two metre-wide structures has resulted in grades up to 46 g/t gold • The Project enjoys excellent infrastructure and access • Surface access rights secured • Access road repair and drill pad construction is commencing • Drilling expected to begin by the end of May • Additional drilling maybe scheduled, based on initial results.

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