SMN Sun Summit Minerals Corp

San Marco Resources Inc. ("San Marco" or "the Company") (TSX VENTURE:SMN) and
Exeter Resource Corp. (TSX:XRC)(NYSE MKT:XRA) continue to explore the Company's
8,500 hectare La Buena property, located 9 km north of Goldcorp's Penasquito
mine in northern Zacatecas State, Mexico. Initial diamond drilling and a
recently completed gravity survey builds on previous work that outline
geological, geochemical and geophysical similarities to other mineral deposits
in the area. Results from this recent phase of exploration, which continue to
support a model similar to Penasquito and Camino Rojo, have identified
additional prospective drill targets.


The diamond drill program that commenced in mid-September (See Press Release:
September 17th, 2013) was designed to test initial targets around the Julia zone
in a series of drill holes. To date, two drill holes have been completed, one in
the central core and one in the northern area returning geologically encouraging
results.


Drill hole LBD13-02, drilled on the northern flank of the Julia zone,
intersected widespread, low grade gold, silver and zinc mineralization hosted in
strongly bleached and altered Carocol Formation (host rocks at Penasquito)
consisting of inter-bedded limestone's, siltstones and sandstones.
Well-developed stockwork, massive sulphide veinlet's and fractures fillings,
containing pyrite, sphalerite, galena, minor chalcopyrite, dominate the
mineralization, and do not appear to be preferentially located in any specific
rock unit. Trace element associations with gold, silver, copper, lead and zinc,
suggest the mineralization may be intrusive related, also indicated by the high
magnetic and high chargability centers in the Julia and Las Crucitas areas.


Interesting drill intersections include: 77.5 meters @ 0.14 g/t gold (44.5m -
122.0m), including 24.1 meters @ 0.17 g/t gold (44.5m - 68.6m). A much broader
interval of 152 meters @ 0.12 g/t gold (0m - 152m) also included elevated zinc
values consisting of 36.3 meters @ 0.11% zinc (59.5m - 95.8m), including 13.1m @
0.18% zinc. Anomalous silver values, 1 - 2 g/t over 98.7 meters were also
discovered deeper in the hole. A cross section of this hole can be viewed by
clicking here. 


The gold/zinc relationship in LBD13-02 could suggest that this drill hole
intersected the central portion of the alteration zone and that when comparing
characteristics of other deposits in the area, the margins of the alteration
area could be a more favorable location for mineralization. LBD13-01 was drilled
to test a zone of higher chargeability in a central area of the Julia zone.
Anomalous gold and base metal values were encountered. The high chargability
anomaly is interpreted to correspond with elevated levels of pyrite (20%) hosted
primarily in intrusive dikes and sills. Sporadic anomalous gold, silver and zinc
values were located primarily along the contacts of the dikes and the
inter-bedded Caracol Formation.


In conjunction with this drilling, a gravity survey has been completed covering
approximately 25 square km to the east and south of the Julia zone. Results of
this survey have outlined a series of new targets, where gravity lows are
coincidental to, or adjacent to chargeability highs. The newly discovered area
is referred to the "Las Crucitas zone." The gravity survey can be viewed by
clicking here. 


Alvaro Picos, a member of San Marco's exploration team and previously a member
of the Penasquito discovery team, has identified important geological and
geophysical indicators that were ultimately proven to be associated with
stockwork, breccia pipe, disseminated and skarn mineralizing systems. 


San Marco's CEO Bob Willis stated; "Based on La Buena's geological and
geophysical similarities to deposits in the area, we continue to believe La
Buena has the potential to host a robust system of mineralization." 


Exeter Resources has the option to earn 60% in the La Buena property from San
Marco and has committed to first year expenditures of C$1.4 million, which
includes the completed property scale IP geophysics program and an initial
drilling program. San Marco is responsible for conducting exploration
activities. 


Exeter has fulfilled the first year Joint Venture commitments regarding the
Angeles property, Sonora State, Mexico and has advised San Marco that it will
not be continuing to fund Angeles exploration and is therefore withdrawing from
the J.V. San Marco will immediately commence discussions with parties who have
expressed interest in the Angeles property. 


Quality Control and Assurance

Blanks and certified standards were inserted into the sample stream as part of
San Marco's quality assurance and control program, which complies with National
Instrument 43-101 requirements. Core samples are split using a hydraulic
splitter, with one half retained in secure storage for logging, and the other
half sent to ALS Chemex Lab Zacatecas, Zacatecas State, Mexico. All samples are
prepared using the PREP-31 method. 125 gram pulps are sent to ALS Chemex Lab. in
Vancouver, B.C. A 30 gram split is analyzed for gold, using the Au-AA23 method.
Sample results greater than 10 ppm are re-assayed, using AA23 fire assay and
gravimetric finish. For silver, copper, lead and zinc, a multi-element, four
acid digestion (ME -- ICP 61 is used. For initial assays of silver greater than
100 ppm, copper, lead and zinc greater than 10,000 ppm (over limits), the OG62
method is used for re-analysis.


The technical information contained in this press release has been verified, and
this news release has been approved, by San Marco's CEO, Robert D. Willis, P.
Eng. a 'qualified person' for the purpose of National Instrument 43-101,
Standards of Disclosure for Mineral Projects of the Canadian Securities
Administrators. 


About San Marco:

San Marco Resources Inc. is a Canadian mineral exploration company aggressively
pursuing three promising projects in mining-friendly Mexico. San Marco is
currently focused on its Angeles, La Buena and Los Carlos properties, all of
which have either been drilled in 2013, or are being explored in preparation for
drilling in the near future. San Marco has a committed management team with
extensive experience in Mexico and a proven track record of building shareholder
value.


This news release contains "forward-looking information" and "forward-looking
statements" (together, the "forward-looking statements"), which are not
historical facts are forward-looking statements that involve risks,
uncertainties and other factors that could cause actual results to differ
materially from those expressed or implied by such forward-looking statements.
Factors that could cause such differences, without limiting the generality of
the following, include: risks inherent in exploration activities; volatility and
sensitivity to market prices; volatility and sensitivity to capital market
fluctuations; the impact of exploration competition; the ability to raise funds
through private or public equity financings; imprecision in resource and reserve
estimates; environmental and safety risks including increased regulatory
burdens; unexpected geological or hydrological conditions; changes in government
regulations and policies, including trade laws and policies; failure to obtain
necessary permits and approvals from government authorities; weather and other
natural phenomena; and other exploration, development, operating, financial
market and regulatory risks. These forward-looking statements are made as of the
date of this news release. San Marco Resources Inc. disclaims any intention or
obligation to update or revise any forward-looking statement, whether as a
result of new information, future events or otherwise.


Neither the TSX Venture Exchange nor the Investment Industry Regulatory
Organization of Canada accepts responsibility for the adequacy or accuracy of
this release. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
San Marco Resources Inc.
Robert D. Willis
CEO
604-568-5951 or 604-813-2606
604-568-5971 (FAX)
rwillis@sanmarcocorp.com
www.sanmarcocorp.com

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