Western Pacific Begins Drilling at Mineral Gulch Project
VANCOUVER, Jan. 30, 2012 /PRNewswire/ – Western Pacific Resources Corp. (TSXV:
WRP) is pleased to announce the beginning of additional drilling at its
Mineral Gulch project, located in Cassia County, Idaho. The drilling
will consist of four drill holes, totaling approximately 1,000 meters
of reverse circulation drilling.
“The drilling will be focused on potential down dropped mineralization
in the C&D pit as suggested by geologic mapping completed in 2011,”
states Eric Saderholm, Western Pacific President.
Results of the drilling will be reported when they are received from
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. controls 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
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.