San Marco Resources Inc. (TSX VENTURE:SMN) announces that it proposes to carry
out a non-brokered private placement of 8,000,000 units at $0.05 per unit for
gross proceeds of up to $400,000.


Each unit will consist of one common share and one non-transferable warrant,
each warrant exercisable to purchase a further share for a period of 3 years:
$0.05 per share for year 1, and $0.10 per share for years 2 and 3. After the
four month restricted resale period expires, the expiry of the warrants may be
accelerated if the closing price of the Company's shares equals or exceeds $0.20
per share for 15 consecutive trading days and the Company gives notice to the
warrant holders that the warrants will expire in 30 days.


Finders' fees equal to 7% of the gross proceeds may be paid in cash or shares.
The size of the placement may be increased, or reduced, at the Company's option
and is subject to regulatory approval.


The proceeds of the placement will be used for continuing:



--  sampling, mapping and trenching on the Company's 100% owned Los Carlos
    property in preparation for seeking a J.V. partner; 
--  discussions regarding partners for La Buena and Angeles properties; and 
--  property reviews and geological investigations primarily in the prolific
    Sonora / Mojave Megashear Gold Belt, north-west Mexico.



The placement is expected to close on or about April 7th, 2014.

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
rwillis@sanmarcocorp.com


San Marco Resources Inc.
Sophie Taylor
Corporate Communications
604-568-5951 or 604-219-7976
staylor@sanmarcocorp.com

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