VANCOUVER, June 11, 2012 /PRNewswire/ - Western Pacific
Resources Corp. (TSXV: WRP) is pleased to report
that the Idaho Forest Service has granted the Plan of Operation
permit (drilling permit) for its Mineral Gulch project.
The expanded drill permit is valid for a 5 year
span and now allows us to drill in areas that we were unable to
drill in last year's program.
Eric Saderholm,
the Company's President, said: "We would like to thank the Forest
Service for their help in guiding us through the permitting
process. We are excited about this year's program as we will be
able to focus on many targets that we were unable to drill last
year. This is an important step for us on the road to discovery on
our flagship asset."
Drilling plans will be released shortly.
Presently we are reviewing the newly received geophysical and
historic data as we select our highest priority targets.
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
has acquired the historical proprietary data for the property from
both Newmont Mining Corporation and Pegasus Mining.
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 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
Clancy Wendt,
M.Sc., a registered geologist in Arizona and British
Columbia and a member of SME, SEG FAusIMM(CP) and PDAC, is
Western Pacific's Qualified Person for the purposes of National
Instrument 43-101. Mr. Wendt has prepared or supervised the
preparation of the disclosure of the 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.