The addition of 1,115 hectares to the portolfio is welcomed. The property is located 62 km from the world class Buenavista copper mine to the south and 42 km to the north-west of La Caridad mine (both operated by Southern Copper Corporation, a region known for world-class porphyry copper deposits, and many high quality exploration copper-moly prospects.
The other consideration is that this property is between two mineral concessions within the Llano del Nogal porphyry copper moly property, controlled by Evrim Resources Corp.
Christian Grijalva, San Marco’s Vice President stated, “We are fortunate to have been awarded a mineral concession covering part of what we believe is a district scale, highly prospective mineral endowed region. Preparations are being made to initiate an exploration program to evaluate the potential of Suanse.”