Western Pacific Identifies Targets at Mineral Gulch Project
VANCOUVER, April 21 /PRNewswire-FirstCall/ - Western Pacific Resources Corp. (WRP - TSXV) is pleased to announce that its review of the historic Noranda data from the Company's 100% owned Mineral Gulch property in Idaho shows the following targets of interest for the up-coming 2010 exploration program. Highlights to date of the data review include:
- Fifteen strong gold-in-soil anomalies of which five were associated with gold mineralized bodies subsequently mined by Pegasus in the 1990s. - Drill hole BP-88-398R intersected 85 feet of 0.036 opt gold (25.9m @ 1.12 g/t Au) from 0-85 feet in the un-mined Anomaly J area. - Drilling near a road-cut sample (32 linear feet of 0.085 opt gold) in Anomaly F intersected 140 feet of 0.068 opt gold (42.7m @ 2.11 g/t Au) from 0-140 feet. Anomaly F was never put into production. - Drilling on the range front, 4,000 feet southeast of the Tallman pit, returned 100 feet of 0.011 opt gold (30.5m @ 0.34g/t Au) from 200-300 feet, indicating a potentially unexplored gold system east of the known pits.
The reader is cautioned that the results quoted above are historic in nature and Western Pacific has not yet completed sufficient work to verify the results.
A map showing the targets is available on Western's website at:
http://www.westernpacificresources.com/i/Maps/MineralGulch/Mineral_Gulch_Soil_Au_Map.jpg
"Our 2010 exploration program will include follow-up work not only on the above mentioned target areas, but also on the Silver Hills soil anomaly which contains gold-in-soils as high as 1,500 ppb gold", states Curt Everson, Exploration Manager for Western Pacific. "Additional targets are likely to fall out of the data as compilation continues in preparation of the 2010 field season".
About Mineral Gulch
Mineral Gulch is located in Cassia County, Idaho, along the southeast edge of the Black Pine Mountains, approximately 128 km southeast of Burley, Idaho. Western Pacific Resources Corp. owns 100% of the project which it acquired through staking.
The project encompasses the historic Black Pine Mining District and surrounding exploration ground. Western Pacific Resources Corp. recently acquired the historical proprietary data for the property from Newmont Mining Corporation.
Sporadic small-scale gold and base-metal mining occurred in the area as early as 1915. Noranda conducted exploration programs at Black Pine between 1984 and 1990. Pegasus Mining entered into a joint venture with Noranda in 1990 and became the majority owner and operator of the mining effort between 1992 and 1998. The Black Pine Property produced over 500,000 ounces of gold at an average head grade of 1.5 grams from several small open pits. Historic exploration and mining efforts have generally focused on near-surface, oxidized ore bodies.
About Western Pacific
Western Pacific is a gold explorer focused on acquiring advanced-stage projects in the Western United States, and has the right combination of exploration and financial professionals to succeed in making a world class gold discovery. For more information, please visit our website at www.westernpacificresources.com.
Qualified Person
Curt Everson, M.Sc., P.Geo., is Western Pacific's Qualified Person for the purposes of National Instrument 43-101 and has prepared or supervised the preparation of the disclosure of any scientific and technical information contained in this news release.
ON BEHALF OF THE BOARD
Warwick Smith, Chief Executive Officer
Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this news release.
This news release contains forward-looking information, which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectation. Important factors - including the availability of funds, the results of financing and exploration activities, the interpretation of drilling results and other geological data, risks associated with the estimation of mineral resources and the geology, grade and continuity of mineral deposits, project cost overruns or unanticipated costs and expenses -- that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time on SEDAR (see www.sedar.com). Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE Western Pacific Resources Corp.
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article