New York, NY – Standard & Poor’s announced today that it has commenced Factual Stock Report coverage on San Anton Resource Corp. San Anton Resource Corporation (TS:SNN), a development stage company, is a Canadian corporation engaged in the mineral exploration and development of a gold-silver-copper property in the state of Guanajuato, in central Mexico. The San Anton Property (the Property) is wholly owned by San Anton de las Minas S.A. de C.V. (SAM), a resident Mexican company in turn owned 51% by the company and 49% by Desarrollos Mineros San Luis S.A. de C.V. (Luismin), a wholly owned Mexican subsidiary of Goldcorp Inc. The company and Luismin have entered into a shareholders agreement governing their relationship in SAM and the Property.The Property consists of seven exploitation concessions and three exploration concessions covering an area of approximately 23,562 hectares and encompassing the historic San Anton de las Minas Mining District, where small scale mining of high grade gold-silver veins has occurred for centuries. It is only in the period since July 2004 that the San Anton concessions have been subjected to modern exploration techniques, a process that identified more than 25 exploration targets. Just one of these targets has received extensive work to date: the near-surface Cerro del Gallo gold-silver-copper deposit, where a NI 43 101 Mineral Resource of over 10 million ounces gold equivalent was defined in less than two years.Prospects under investigation by the company include Cerro del Gallo and the Carmen-Providencia vein system (Empalizada, Dolores Shaft, Espiritu Santos and San Luis Rey).This report will also be accessible on an ongoing basis to the investment community ---- scores of buy-side institutions and sell-side firms that utilize S&P research and information platforms daily. Millions of self-directed investors also have access to the report via their e-brokerage accounts.About Standard & Poor's Factual Stock ReportsThis Standard & Poor’s service provides factual research coverage enabling information about San Anton Resource Corp. and other securities to reach a wide investor audience of Buy and Sell-side investors, helping them understand a company’s fundamentals and business prospects. Currently profiling over 1,000 issuers, S&P Factual Stock Reports increase market awareness for issuers in the investment community with insightful commentary and key statistics/information. Updated weekly with the latest pricing, trading volume, and other data, the reports include recent developments, a financial review, key operating information, Industry and peer comparisons, institutional holdings analysis, Street Consensus and opinions, performance charts, business summary, fundamental data, and news. Because coverage of these reports is sponsored by the issuer, S&P does not offer investment opinions concerning the advisability of investing in these stocks.Standard & Poor’s Factual Stock Reports are produced separately from any other analytic activity of Standard & Poor’s. Standard & Poor’s Factual Report research has no access to non-public information received by other units of Standard & Poor’s. Standard & Poor’s does not trade on its own account.Note: All U.S. and Canadian Companies listed on a National Exchange (not covered by S&P’s STARS research) are eligible to obtain this coverage.About Standard & Poor'sStandard & Poor's, a division of The McGraw-Hill Companies (NYSE: MHP), is the world's foremost provider of financial market intelligence, including independent credit ratings, indices, risk evaluation, investment research and data. With approximately 7,500 employees, including wholly owned affiliates, located in 21 countries, Standard & Poor's is an essential part of the world's financial infrastructure and has played a leading role for more than 140 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit http://www.standardandpoors.com.
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San Anton Resource Corp. Contact: Christian Del Valle / 613-729-9006 / cdelvalle@sanantonresourcecorp.comStandard & Poor's Contact:Customer Contact:Richard Albanese / 212-438-3647 / richard_albanese@standardandpoors.com Media Relations Contact:Michael Privitera / 212-438-6679 / michael_privitera@standardandpoors.com |
