10:40 AM EST - San Marco Resources Inc. : Announced that diamond drilling has commenced at its 100% owned Chunibas gold/silver project, located approximately 160 kilometres east of Hermosillo, Sonora State, Mexico. The Chunibas targets are a series of high-grade gold bearing veins hosted in intrusive rocks. There are five main vein zones; Santa Rosa, Argentina, Santa Fe, Gusima, and Western, which comprise a "mineralized corridor" 750 metres wide and 1.5 kilometres long. The Company's sampling of the one to two metre-wide structures has resulted in grades up to 46 g/t gold. San Marco Resources Inc.
shares V.SMN are trading up $0.005 at $0.17.