San Marco Resources Inc. (TSX VENTURE:SMN) is pleased to report it has granted
an option to Skanderbeg Capital Partners Inc. of Vancouver, BC to acquire a 50%
interest in San Marco's La Buena property, Zacatecas, Mexico.


La Buena property hosts a similar geological environment to Goldcorp's
Penasquito mine, located approximately 8 km to the south. San Marco acquired the
property in 2010 and subsequently completed detailed geological mapping, ground
magnetometer surveys, Induced Polarization surveys, surface geochemistry,
resulting in multiple drill targets being identified. Permitting for drilling as
well as surface rights contracts are in place. Details of San Marco's
exploration results can be found on its website. (www.sanmarcocorp.com)


Skanderbeg shall transfer its option to a US publicly traded company, which may
earn a 50% interest in La Buena property under the following terms:




--  Provide $6,000,000 to San Marco for exploration on La Buena by December
    31, 2014. Of this total, $1,000,000 to be spent by December 31, 2012 and
    $500,000 to be spent by December 31, 2013 are firm commitments.

--  Cash payments of $400,000 as follows; $100,000 by March 6, 2012 (firm);
    $100,000 by December 31, 2012; $100,000 by December 31, 2013 and
    $100,000 by December 31, 2014.

--  Issue 2,500,000 shares of the public company to San Marco as follows;
    1,000,000 shares by May 31, 2012; 500,000 shares by December 31. 2012
    and 1,000,000 shares by December 31, 2014.

--  At the election of San Marco, subscribe for a minimum of $400,000 of San
    Marco's securities on a private placement basis by March 31, 2012. 



San Marco shall be the operator and a joint management committee shall approve
all exploration programs. 


San Marco Chairman, Robert Willis commented; "We are pleased to share an
enthusiastic and positive outlook with the Skanderbeg Group regarding
exploration success at La Buena. Our partnership will allow the San Marco
exploration team to continue aggressively exploring for new targets on this
large property and commence drilling several known ones."


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