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San Marco Updates Exploration on Its Buck Gold - Silver Property, Central British Columbia
Vancouver, British Columbia--(Newsfile Corp. - August 6, 2020) - San Marco Resources Inc. (TSX...
About this update from Sun Summit Minerals Corp.
[{"type":"text","content":"San Marco Updates Exploration on Its Buck Gold - Silver Property, Central British ColumbiaVancouver, British Columbia--(Newsfile Corp. - August 6, 2020) - San Marco Resources Inc. (TSXV: SMN) provides an update from its multidisciplinary exploration program currently underway at its 100% controlled Buck epithermal gold (Au) - silver (Ag) property in central British Columbia, Canada. The 15,000 hectare road accessible property is located 12 kilometres (\"km\") south of Houston, B.C. and has excellent nearby infrastructure and allows for year-round exploration. The property is 170 km northwest of Artemis Gold Inc.'s Blackwater Gold Project (9.5 million ounces of Au, Measured and Indicated Mineral Resource; see Artemis Gold Inc.'s June 9th, 2020, news release - such resources are not indicative of the mineralization on the Buck Property).Highlights Second Phase diamond drilling is expected to commence by the end of August. This drill phase will test epithermal-related, bulk-tonnage Au-Ag targets as well as structurally controlled, high-grade Au-Ag targets. Initial drilling will be focused within the currently known one km by two km surface mineralization footprint. A ground magnetic survey will be completed in August covering historical and newly discovered mineralization.A 20 line-km induced polarization (IP) survey over the Buck breccia complex and its interpreted northern extent below cover will commence early September.679 soil samples were collected on a grid located one km north of historical drilling. Initial field results from this newly discovered area indicate this area is very prospective for Au-Ag mineralization. Assay results will be released when plotted and analysed.104 rock-chip samples were taken from historical trenching as well as from areas of newly identified mineralization throughout the property. Results will be released when plotted and analysed. DrillingThe second phase of 2020 diamond drilling will begin near the end of August, 2020. Numerous drill targets are already defined and additional targets will be refined based on ongoing geological and geochemical surveys and the upcoming geophysical surveys. San Marco is planning an aggressive drill program which will include an initial 3,000 to 5,000 metres of drilling followed by an additional proposed 5,000 metres of drilling based on results of initial drill...