San Marco Resources Inc. is a Canadian mineral exploration company with a portfolio of exploration-stage projects in Canada and Mexico, including the flagship Buck Project located in central British Columbia. San Marco has a committed management team with extensive experience in Canada and Mexico with a proven track record in discovery to project development.

1. A Canadian mineral exploration
company, focused on developing a
resource at the Buck Project located
in central British Columbia.
JANUARY 2020| SANMARCOCORP.COM | TSX-V: SMN

2. 2JANUARY 2020
FORWARD LOOKING STATEMENTS
Forward-Looking Information
Statements contained in this presentation that are not historical facts are forward-looking statements, which 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. Except as required by applicable securities regulation, San Marco Resources Inc. (SMN) disclaims any
intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
National Instrument 43-101 Disclosure
This presentation has been approved by San Marco's Executive Director, Robert D. Willis, P. Eng. a "Qualified Person" as defined in National
Instrument 43-101, Standards of Disclosure for Mineral Projects of the Canadian Securities Administrators. Other than the historical information, Mr.
Willis has verified the technical information contained in this presentation. This Presentation includes technical information that was generated prior
to the introduction of National Instrument 43-101. Details of the sampling methods, handling, and quality control methods used in the generation of
this historical technical data are unknown to San Marco, and the drill material, assay results, true width of intercepts herein cannot be and have not
been verified by the Company’s Qualified Person for the purposes of National Instrument 43-101.
Quality Assurance & Quality Control
San Marco has implemented a quality assurance and quality control programs to ensure sampling and analysis of all exploration work is conducted in
accordance with the best possible practices. All sampling programs are carried out in a careful and diligent manner using scientifically established
sampling practices designed and tested to ensure that the results are representative and reliable. Quality control programs appropriate to the type of
sample and the mineralization are implemented, including such measures as external blanks, standards and duplicate samples. The security of
samples from sample acquisition to analysis is a vital component of the sampling process. Procedures include the use of secure core logging, sampling,
storage and preparation facilities as appropriate and the prompt, secure and direct shipping of samples to the laboratories. Appropriate sample
security procedures are employed given the geographic and topographic conditions and the logistics created by the site location.

3. 3JANUARY 2020
MANAGEMENT & DIRECTORS
R. Stuart (Tookie) Angus
Chairman and Director
Former head of Global Mining Group at
Fasken Martineau. Former director of
First Quantum Minerals, Canico
Resources, Bema Gold, Ventana Gold &
Nevsun.
Robert D. Willis, B.Sc., P.Eng
Executive Director
Geological engineer; founder of Geologix
Resources, Manhattan Minerals and Pioneer
Metals.
Andrew Carstensen, P.Geo
Director
Vice President Exploration at Luminex
Resources and Chief Geologist for Lumina Gold.
Craig B. Prenter, CGA, CPA
Director
Partner at Manning Elliott LLP, Accountants &
Business Advisors.
Brian Lock
Director
Director of Castle Peak Mining and CEO
& Director of Scorpio Gold.
Sharyn Alexander, M.Sc., ADGIS
Vice President, Technical Services
Geologist with over 15 years of experience.
Prior experience includes positions at B2Gold,
Barrick Gold (Australia), and SRK Consulting.
Fernando J. Costa, CPA, CA
CFO
Assurance partner of Manning Elliott LLP.
Michael F. Provenzano, LLB
Corporate Secretary & Legal Counsel
Partner at Manning Elliott LLP, Accountants
& Business Advisors.
COMMITTED MANAGEMENT TEAM WITH EXTENSIVE EXPERIENCE,
A PROVEN TRACK RECORD IN RESOURCE DISCOVERY & BUSINESS DEVELOPMENT

4. 4JANUARY 2020
SHARE STRUCTURE AS OF NOVEMBER 29, 2019
Outstanding Shares 27,077,028
Warrants (1.) 4,188,334
Options (2.) 1,866,667
Fully Diluted 33,132,029
Cash and Receivables ~$500,000 CDN
Debt None
52 week high/low $0.45/$0.085
Insider Ownership 15%
(1.) Warrants to purchase one common share for three years at a price of $0.20 for the first two years and $0.25 for the third year.
(2.) Options are exercisable at prices varying from $0.30 to $0.60 per share.

5. 5JANUARY 2020
 100% optioned, 15,000 ha property
near Houston, BC
 Bulk tonnage gold/silver
exploration target
 Large breccia/diatreme model.
Similar to several multi-million
ounce gold deposits worldwide
 Year-round exploration,
excellent road access
 Drilling to commence shortly
 Buck has not been explored
using breccia/diatreme model
BUCK PROPERTY AT A GLANCE

6. 6JANUARY 2020
BUCK PROPERTY STRATEGIC LOCATION
 Mining and exploration friendly jurisdiction
 Year-round exploration
 Developed infrastructure nearby
 Well defined permitting process
 Local, experienced workforce
 Close proximity to Equity Silver Mine, Endako (Centerra Gold)
Huckleberry (Imperial Metals Corporation)

7. 7JANUARY 2020
 Large 15,000 ha property
 Surface footprint of target area is that
of a large, altered breccia system with
widespread gold and silver
mineralization
 Multiple unexplored target areas
within the property
 Mineralization open in all directions
 Most drill holes within the area of the
Buck deposit are <175 m in length,
ending in gold/silver mineralization,
thus the system was not tested to
depth, where it clearly remains open.
BUCK PROPERTY OVERVIEW

8. 8JANUARY 2020
BUCK PROPERTY HISTORIC DRILL INTERCEPTS

9. 9JANUARY 2020
EXPLORATION
TARGET AREAS

10. 10JANUARY 2020
BUCK PROPERTY SIMPLIFIED CROSS SECTION LOOKING NW

11. 11JANUARY 2020
BUCK PROPERTY EXPLORATION MODEL
 Diatreme / Breccia
 Comparable: Montana Tunnels
 SW Montana, U.S.A.
 Au-Ag-Zn deposit within central
portion of the diatreme
 Mined 4.15 Mt grading 0.62 g/t Au,
15 g/t Ag, and 0.61 % Zn (1992)
 Similar geology, alteration, and
oxidation
(Source: Porter GeoConsultancy Pty Ltd: Ore Deposit
Description for Montana Tunnels, and Resolute Mining Ltd.
corporate presentation Mines and Wines 2013)
Buck Exploration
Target Area

12. 12JANUARY 2020
 Breccia/diatremes are geologically complex.
Generally mineralized throughout, but with
higher and lower grade phases. The
breccia/diatreme model has not been applied
to Buck to date.
 Detailed logging of drill core essential to
identify sub-sections of high grade gold and
silver. These high grade sub-sections exist as
indicated by assays, but poorly documented
in drill logs.
 Expect multi superimposed breccia phases.
Pay attention to details, identify controls of
mineralization.
 Establish vectors to guide continued drilling.
 Phase 1 drilling will commence in known
mineralized areas and step out from there.
* Drillhole ends in mineralization
** AuEq calculated using Au price $1,350/oz and Ag price $15/oz
N/A denotes No Assays
BUCK PROJECT GO FORWARD EXPLORATION DESIGN

13. 13JANUARY 2020
BUCK PROJECT MINERALIZATION IN OXIDIZED BRECCIA
DH 04-01 at ~85m
Oxidized Breccia
1.4 g/t Au
7.4 g/t Ag
DH 04-01 at 250m
Oxidized Breccia
1.7 g/t Au
6.9 g/t Ag

14. 14JANUARY 2020
BUCK PROJECT NEAR TERM EXPLORATION STRATEGY
 Drilling to commence shortly
 Petrology and metallurgy – expect good
overall metallurgical response
 Investigate intensity of oxidation
 Explore other known mineral prospects
within claim group and surrounding area
 Develop and maintain positive human
resource relationships with all support groups

15. 15JANUARY 2020
ACQUISITION TERMS TO EARN 100%
 Upon signing at Exchange approval (“Effective Date”):
$25,000 cash | 250,000 shares of San Marco
 First Anniversary:
$25,000 cash | 400,000 shares of San Marco
 Second Anniversary:
$25,000 cash | 500,000 shares of San Marco
 Third Anniversary:
$25,000 cash | 750,000 shares of San Marco
 Fourth Anniversary:
$50,000 cash | 1,000,000 shares of San Marco
 Fifth Anniversary:
$150,000 cash | 1,100,000 shares of San Marco
An additional 4,000,000 shares of San Marco is payable upon the earlier of completion
of a bankable feasibility study or the eighth anniversary of the Effective Date.

16. Corporate Inquiries:
Robert Willis, B.Sc, P.Eng.
Executive Director
rwillis@sanmarcocorp.com
JANUARY 2020| SANMARCOCORP.COM | TSX-V: SMN
Corporate Office:
704-595 Howe St.
Vancouver, BC
V6C 2T5
Sharyn Alexander, M.Sc., ADGIS
Vice President, Technical Services
salexander@sanmarcocorp.com