San Marco Resources Inc. (TSX VENTURE:SMN) ("San Marco" or "the Company") has
elected to discontinue all involvement at its Tecomate Project in Sinaloa State,
Mexico. 


San Marco had previously drilled two targets on the Tecomate Project (see news
releases dated November 7, 2011 and January 12, 2012 available at
www.sanmarcocorp.com). Upon careful consideration and in recognition of ongoing
costs associated with continuing to hold the Tecomate property, the Company
believes the results generated indicate neither sufficient size nor grade to
warrant additional exploration expenditures.


Robert Willis, CEO of San Marco states, "In light of the current challenging
mineral exploration market and financing conditions, we are extremely
conscientious of our cash position and believe our resources are better put to
use on more promising projects in our portfolio, including our new Cuatro de
Mayo property. We are currently delineating a surface exploration plan for
Cuatro de Mayo that will focus on testing the continuity of known manto and
skarn showings, and hope to have this exploration work underway in the coming
weeks."


About San Marco

San Marco Resources Inc. is a Canadian mineral exploration company with a
current portfolio of four promising properties in mining-friendly Mexico and an
aggressive project generation program focused on high-calibre, low-opportunity
cost projects. San Marco has a committed management team with extensive
experience in Mexico and a proven track record of building shareholder value.


Forward Looking Information

Information set forth in this document includes forward-looking statements, such
as: potential exploration plans and programs for the Cuatro de Mayo project.
While these statements reflect management's current plans, projections and
intents, by their nature, forward-looking statements are subject to numerous
risks and uncertainties, some of which are beyond the control of San Marco
Resources Inc. For instance, the execution of any exploration programs planned
by the Company will be dependent upon the availability of both human and
financial resources, both of which are presently limited. Readers are cautioned
that the assumptions used in the preparation of such information, although
considered reasonable at the time of preparation, may prove to be imprecise and,
as such, undue reliance should not be placed on these forward-looking
statements. San Marco's actual results, programs and financial position could
differ materially from those expressed in or implied by these forward-looking
statements.


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
604-813-2606
rwillis@sanmarcocorp.com


San Marco Resources Inc.
Barbara Henderson
Investor Relations Officer
604-568-5951
604-789-7689
bhenderson@sanmarcocorp.com
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