Western Pacific Reports Historic Sampling of up to 18.5 g/t Gold at Upper Deer Trail Mine
VANCOUVER, Aug. 12, 2013 /PRNewswire/ - Western Pacific Resources Corp. ("Western" - WRP: TSXV) is pleased to report Goldfields' historic sampling results from the Upper Deer Trail Mine in Piute County, Utah. The grades ranged from trace to 18.5 grams gold per ton (0.539 opt) and from 1.2 to 476 grams silver per ton (13.88 opt).
Western is encouraged by the number of high grade assays revealed by these samples as they are spread over several stopes in the 800 foot sample area. The Upper Mine was mined for over 3000 feet and historic maps show that gold and silver grades tended to increase the further miners went into the mountain. A link to an overview map of the samples can be seen at:
Results from historic sampling undertaken by Goldfields Mining Company in 1987-1988 are presented in the table below.
Western is not treating these historical sampling results as current, however believes they can be used as a guide for its ongoing sampling program for both the Upper and Lower Deer Trail Mines.
|Ag (oz/t)||Samples||Au (oz/t)||Ag (oz/t)|
Eric Saderholm, Western's Qualified Person, has established the locations for the majority of Goldfields' sample locations and has reviewed and approved the validity of the original assay certificates. Western has not completed any of its own sampling to verify the results, however is planning to do so. Mr. Saderholm was unable to obtain information on the QA/QC used by the lab, Monitor Geochemical Laboratory, based in Elko Nevada, as it is no longer operating. However, Mr. Saderholm has in the past relied upon the Monitor Geochemical Laboratory and considers its QA/QC reputable and in accordance with industry standards.
Between 1878 and 1917 approximately 10,000 tons of mineralization was produced from the Upper Mine area. In 1918 a small mill was built allowing production to increase: 138,000 tons of oxide material containing gold and silver was produced until 1923. At this time mining ceased as operators encountered a fault displacing the mineralization. Efforts over the following years concentrated on the Lower Mine via the PTH tunnel, which eventually located the continuation of the mineralization.
Mineralization at the Upper and Lower Deer Trail Mines occurs in a series of mantos, controlled by the stratigraphic contact between individual rock units. The Upper Mine consists of primarily oxide gold and silver mineralization with the ore zones minimally offset by a series of faults. No systematic drill campaign has ever been undertaken to test the controls and extent of mineralization. An oxide-processing circuit, located on-site, is intended to process the Upper Deer Trail material and is approximately 70% complete.
Eric Saderholm, B.Sc, Registered Member (Number 4145463RM), Society for Mining, Metallurgy, and Exploration, is Western Pacific's Qualified Person for the purposes of NI 43-101. Mr. Saderholm has approved the scientific and technical information contained in this news release.
About Western Pacific
Western is focused on advancing a strong portfolio of advanced-stage projects in the Western United States. Western's team is led by technical and financial experts who aim to succeed in creating shareholder value. For more information, please visit our website at www.westernpacificresources.com.
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. The ability of the Company to successfully complete the Deer Trail Mine acquisition on time or at all is subject to various risks and other factors. Risks and factors that may 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 at 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 news 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.