VANCOUVER, British Columbia, June 05, 2018 (GLOBE NEWSWIRE) -- San Marco Resources Inc. (TSX-V:SMN) ("San Marco" or “the Company”) is pleased to announce approval of all matters at the Company’s Annual General Meeting held June 1st, 2018, including the re-election of all current directors for the ensuing year. In addition, San Marco announces that Christian Grijalva, B.Sc. has been appointed as the CEO of the Company; he previously was the Company’s Vice President. Tookie Angus and Robert Willis have been appointed as Co-Chairmen of the Board of Directors. All appointments were effective June 1, 2018.
Robert Willis stated, “One of the key components of San Marco's growth is building significant strength in our human resources. Chris has demonstrated technical success, solid leadership skills and possesses a contagious enthusiasm supporting his drive to continue building shareholder value. I will continue to work closely with Chris in all aspects of corporate, financial and marketing.”
Christian Grijalva stated, “I believe the San Marco portfolio of properties, including the new, high grade copper silver discovery on the Chunibas Project, offers our shareholders multiple opportunities for making significant mineral discoveries in Sonora, Mexico, one of the most prolific mining districts. I want to thank the Board of Directors for this opportunity and look forward to working with them and the entire San Marco team as we continue work to capture the value in our portfolio for our shareholders.”
Tookie Angus stated, “On behalf of the Board I would like to thank Bob for his significant contributions and dedication to the success of San Marco, and welcome him as Co-Chairman, a role he and I will share as cofounders of the Company.”
About San Marco
San Marco Resources Inc. is a Canadian mineral exploration company with a portfolio of promising projects in mining-friendly Mexico, including the Chunibas, 1068, Espiritu SMR, La Caridad Este Projects in Sonora State.
San Marco actively pursues a strategic project generation program focused on high-caliber, low acquisition cost opportunities in northwestern Mexico. The Company has a committed management team with extensive experience in Mexico and a proven track record of building shareholder value.
On behalf of the Board of Directors:
Christian Grijalva, B.Sc.
CEO
For further information, contact:
Nancy Curry
info@sanmarcocorp.com
National Instrument 43-101 Disclosure
This news release has been approved by San Marco's CEO, Robert D. Willis, P. Eng. a "Qualified Person" as defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators. He has verified the data disclosed, including sampling, analytical and test data, underlying such technical information by reviewing the assay reports provided to San Marco by its independent testing laboratory.
The Company has implemented quality assurance (“QA”) and quality control (“QC”) programs to ensure sampling and analysis of all exploration work is conducted in accordance with the best possible practices. All sampling programs are carried out in a careful and diligent manner using scientifically established sampling practices designed and tested to ensure that the results are representative and reliable. Quality control programs appropriate to the type of sample and the mineralization are implemented, including such measures as external blanks, standards and duplicate samples. The security of samples from sample acquisition to analysis is a vital component of the sampling process. Procedures include the use of secure core logging, sampling, storage and preparation facilities as appropriate and the prompt, secure and direct shipping of samples to the laboratories. Appropriate sample security procedures are employed given the geographic and topographic conditions and the logistics created by the site location.
Forward Looking Information
Information set forth in this document may include forward-looking statements. While these statements reflect management's current plans, projections and intents, by their nature, forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond the control of San Marco. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on these forward-looking statements. San Marco's actual results, programs, activities and financial position could differ materially from those expressed in or implied by these forward-looking statements.
Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.