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San Marco Announces Option to Acquire 100% Interest in Buck Gold-Silver Project, Northern British Columbia
Vancouver, British Columbia--(Newsfile Corp. - July 16, 2019) - San Marco Resources Inc. (TSXV...
About this update from Sun Summit Minerals Corp.
[{"type":"text","content":"San Marco Announces Option to Acquire 100% Interest in Buck Gold-Silver Project, Northern British ColumbiaVancouver, British Columbia--(Newsfile Corp. - July 16, 2019) - San Marco Resources Inc. (TSXV: SMN) (\"San Marco\" or the \"Company\") is pleased to announce it has entered into an option agreement whereby San Marco has the right to acquire a 100% interest in the Buck Property, an intermediate sulphidation, epithermal gold/silver zinc property near the town of Houston in north-central British Columbia. The optionors are Dick Billingsley, and his wife, Gaye Richards, who notably vended the Tatogga project in the Golden Triangle to GT Gold Corp. The Buck Property highlights include:large hydrothermal system, intensely altered and oxidized breccia bodies possibly diatreme related, all mineralization is open in all directions. considered to be part of the Telkwa Formation of the lower Jurassic Hazelton Group; similar to some major bulk tonnage gold deposits in B.C., such as NewGold's Blackwater-Davidson deposit;close proximity to several former operating mines: Equity Silver, (Equity Silver Mines Inc.), Endako (Centerra Gold Inc.) and Huckleberry (Imperial Metals Corporation);total of 68 prior drill holes have been conducted within the property - most holes ended in gold/silver/zinc mineralization. Mineralization extends up to 300 meters below surface suggesting bulk tonnage gold/silver/zinc potential;excellent exploration potential for possible new discoveries at multiple untested targets including porphyry copper deposit; high grade, structurally controlled gold/silver mineralization; and additional mineralized breccia bodies. road accessible with excellent infrastructure, including access to electrical and gas utilities, highways and major airports; and large land package totaling approximately 15,000 hectaresSee accompanying location map.Buck Property LocationTo view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/6142/46299_4833c00d04e36a71_001full.jpgBob Willis, Executive Director of San Marco stated, \"We are pleased to announce the acquisition of an option to acquire the Buck Property. This property represents a significant opportunity for the Company and provides San Marco with an advanced exploration staged gold-silver, zinc project in a prominent exploration region of British C...