San Marco Resources Plans Share Consolidation and Financing and Reduces Property Holdings in Order to Focus on Cuatro de Mayo - Seite 3

San Marco's management has aggressively sought joint venture partners for its Angeles and La Buena projects over the past year, however, the persistently difficult mining market conditions have resulted in the Company being unable to locate a suitable partner. Therefore, the Company has elected to reduce the costs associated with maintaining the Angeles, La Buena and Los Carlos properties as described below.

The Angeles property optioned concessions will be discontinued, effective immediately, and the property area will consist solely of those concessions staked or purchased by the Company. The net result is a reduction in the size of the Angeles property from 1,667 hectares to 1,282 hectares. The remaining concessions will cover a portion of the Company's 2013 drilling as well as the 100 year old El Tompiate adit accessing the original mine workings. The cessation of option payments coupled with the reduction in assessment fees and taxes associated with the smaller land holding will allow San Marco to maintain the remaining concessions for the foreseeable future.

The Los Carlos property, which was staked by the Company, will be reduced in size from 15,635 hectares to 3,759 hectares. The reduced property area protects the key target areas on the property while reducing maintenance costs significantly.

San Marco intends to terminate its La Buena project as the annual assessment fees and taxes required to maintain this concession are prohibitive at this time.

About San Marco

San Marco Resources Inc. is a Canadian mineral exploration company with a current portfolio of three 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: the Company's intent to consolidate its common shares; the Company's intent to undertake a private placement financing subsequent to the consolidation of its shares; the proposed terms of the financing; the intent of certain insiders of the Company to participate in the financing; the use of funds raised in the financing; the Company's intent to reduce or abandon certain of its land holdings; the Company's belief that it can retain its reduced land holdings at the Angeles and Los Carlos properties for the foreseeable future; the Company's intent to continue to seek joint venture partners for the Angeles and Los Carlos properties; the Company's initial interpretation of geological observations at the Cuatro de Mayo project; and, potential exploration plans and programs for the Cuatro de Mayo project. While these statements reflect management's current understanding, 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 consolidation may not receive the necessary approval of shareholders and the TSX Venture Exchange, in which case the consolidation would not proceed; there can be no assurances that the proposed financing will proceed at all, or under the terms currently being contemplated, or if it does proceed, that it will be successful; the Company may be unable to retain its holdings at the Angeles or Los Carlos properties indefinitely and there are no assurances a joint venture partner for either of these projects will be secured; and 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. Furthermore, geological interpretations are open to revision as additional information becomes available. 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.