Canadian mineral exploration Company San Marco Resources Inc. (TSX-V: SMN, OTC: SMREF, Forum) stated on Thursday that it had received its five-year, area-based exploration permit for its 100% optioned Buck gold / silver / zinc project in north-central British Columbia. This permit allows for substantial drilling on the property, which will help test the known mineralized footprint, as well as outline additional targets for potential new discoveries.
Find out more about this news, click here.
San Marco recently closed its over-subscribed non-brokered private placement by raising nearly $785,00.00 (CAD). The proceeds of this placement will go toward the Company’s recently optioned Buck Property, which has large tonnage gold-silver-zinc potential. This placement had initially been set for $500,000earlier this year.
FULL DISCLOSURE: San Marco Resources Inc. is a client of Stockhouse Publishing.