San Marco Resources is a Canadian mineral exploration company focused on developing its Buck Project located in central British Columbia. The company has a 100% option on the 22,000 hectare Buck property near Houston, BC, and is conducting exploration including soil and rock sampling, geophysics, and an upcoming phase 2 drill program to test epithermal and structurally controlled mineralization targets. The Buck property shows similarities to the large, productive Blackwater gold deposit located nearby.

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

2. 2
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.
AUGUST 2020

3. 3
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
CEO and 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,
A FOCUS ON ENVIRONMENTAL AND SOCIAL RESPONSIBILITY AUGUST 2020

4. 4
SHARE STRUCTURE AS OF JULY 24, 2020
Outstanding Shares 49,538,774
Warrants (1,2,3,4,5,6,7,8) 17,752,948
Options (9) 3,275,000
Fully Diluted 70,566,722
52 week high/low $0.38/$0.09
Market Capitalization ~15 Million
Cash ~4.5 Million
Insider Ownership 14%
Institutional Ownership 20%
(1) 99,000 warrants, each exercisable to purchase one common share for $0.12 until November 21, 2020.
(2) 248,568 warrants, each exercisable to purchase one common share for $0.135 until February 19, 2021.
(3) 3,762,334 warrants, each exercisable to purchase one common share for $0.20 until November 21, 2021 and then at $0.25 until November 21, 2022.
(4) 403,653 warrants, each exercisable to purchase one common share for $0.26 until July 22, 2022.
(5) 454,860 warrants, each exercisable to purchase one common share for $0.34 until July 22, 2022.
(6) 6,877,642 warrants, each exercisable to purchase one common share for $0.34 until July 22, 2022. If, after November 23, 2020, the closing price of San Marco’s shares is at least $0.70 per share for 10
trading days, San Marco may accelerate the expiry of the warrants to 30 calendar days after the expiry of that 10 trading day period.
(7) 2,906,852 warrants, each exercisable to purchase one common share for $0.20 until February 19, 2023. If the closing price of San Marco’s shares is at least $0.40 per share for 10 trading days, San Marco
may accelerate the expiry of the warrants to 30 calendar days after the expiry of that 10 trading day period.
(8) 3,000,039 warrants, each exercisable to purchase one common share for $0.30 until May 29, 2023 subject to a four-month restricted resale period expiring September 30, 2020.
(9) Options are exercisable at prices varying from $0.18 to $0.60 per share.
AUGUST 2020

5. ACQUISITION TERMS TO EARN 100%
 Upon signing at Exchange approval (October 9th, 2019):
$25,000 cash | 250,000 shares of San Marco
 First Anniversary October 9, 2020:
$25,000 cash | 400,000 shares of San Marco
 Second Anniversary October 9, 2021:
$25,000 cash | 500,000 shares of San Marco
 Third Anniversary October 9, 2022:
$25,000 cash | 750,000 shares of San Marco
 Fourth Anniversary October 9, 2023:
$50,000 cash | 1,000,000 shares of San Marco
 Fifth Anniversary October 9, 2024:
$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.
5AUGUST 2020

6. 6
 100% optioned, 22,000 ha property near
Houston, B.C.
 Year-round exploration, excellent road
access
 Multidisciplinary exploration program
currently underway
 679 soil samples, 104 rock chip, and 11
silt samples collected on property
 Phase 2 drill program to commence near
the end of August
 Two styles of mineralization to be tested:
epithermal-related bulk-tonnage and
structurally controlled high-grade targets
 Ground magnetic survey and IP survey to
be conducted
 Multiple unexplored targets within tenure
package
BUCK PROPERTY AT A GLANCE
AUGUST 2020

7. 7
BUCK PROPERTY STRATEGIC LOCATION
 LOCATION, LOCATION, LOCATION!
 Developed infrastructure nearby – railway, power, major highway
 Local, experienced workforce
 Year-round exploration road access
 Well defined permitting process
 Close proximity to Equity Silver Mine (Centerra Gold), Huckleberry
(Imperial Metals Corporation), and Blackwater (Artemis Gold)
AUGUST 2020

8. 8AUGUST 2020
 Large 22,000 ha property
 Access via all-weather access road
 Multiple unexplored targets within
the tenure package from historic
exploration work
 Significant anomalies identified
 Property scale regional exploration
program commenced and includes
prospecting, mapping, and
geochemical sampling
PROPERTY OVERVIEW
BUCK
PROJECT
AREA
BUCK
PROJECT
AREA

9. Bob zone
Trench zoneHorseshoe zone
Adit zone Southern IP zoneBuck North zone
Looking East from West Gossan zone
1.5 km
9AUGUST 2020

10. 10AUGUST 2020
 Historic induced polarization (IP) data
shows coincident chargeability highs
with epithermal-related mineralization
within Buck breccia complex
 Property-scale structural and
mineralization trends are E-W
therefore a N-S IP grid is warranted
 Historic IP data does not extend north
to cover the new soil geochemical grid
 A modern 20 line-km IP survey will be
conducted to test a larger footprint at
a greater depth of investigation
GEOPHYSICS
Horseshoe
Zone
Adit
Zone
Trench
Zone

11. 11AUGUST 2020
 679 soil samples were collected
over the inferred north-northeast
extension of the Buck breccia
complex
 104 rock chip samples were
collected from areas of historic
drilling and newly identified zones
of alteration and mineralization
 11 silt samples were collected
from key drainages
 Large WNW-trending structural
zone was discovered termed the
Buck Structural Corridor
 The Corridor is thought to be a
first level control on
mineralization
2020 EXPLORATION PROGRAM
Horseshoe
Zone
Adit
Zone
Trench
Zone
West
Gossan
Zone
Bob
Zone
Centre of soil grid ~1km
north of historic drilling

12. 12
 Comparable Geology:
 Blackwater Gold Project
 Located ~170 km SE of Buck in
Central British Columbia
 Wide continuous zones of gold
mineralization
 Similar geology and alteration
BUCK ANALOGUE
AUGUST 2020

13. 13AUGUST 2020
 Second phase of drilling expected to
commence near end of August
 Drill targets will include refined targets based
on ongoing geological and geochemical
surveys
 Based on new observations, the structural
model is being refined and will better inform
drill planning
 Ground magnetics to be completed in August
to help refine the property’s lithological and
structural architecture
 20 line-km IP survey to commence in
September over the Buck breccia complex
and its interpreted northern extent below
cover
 Robust COVID-19 prevention protocols are in
place to protect workers and communities
NEAR TERM FOCUS

14. Corporate Inquiries:
Robert Willis, B.Sc, P.Eng.
CEO
rwillis@sanmarcocorp.com
Corporate Office:
Suite 704, 595 Howe Street
Vancouver, British Columbia
V6C 2T5 Canada
Nancy Curry
Corporate Communications
ncurry@sanmarcocorp.com
AUGUST 2020 | SANMARCOCORP.COM | TSX-V: SMN