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:
http://www.westernpacificresources.com/i/pdf/UpperDTM-SamplingGF.pdf
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.
| Samples |
Au
(oz/t) |
Ag (oz/t) |
Samples |
Au (oz/t) |
Ag (oz/t) |
| PU-1 |
0.010 |
18.6 |
PU-62 |
0.018 |
0.2 |
| PU-2 |
0.145 |
0.5 |
PU-63 |
0.231 |
2.5 |
| PU-3 |
0.170 |
217.3 |
PU-64 |
0.106 |
0.9 |
| PU-4 |
0.007 |
4.0 |
PU-65 |
0.230 |
5.3 |
| PU-5 |
0.007 |
13.1 |
PU-66 |
0.019 |
0.8 |
| PU-6 |
0.011 |
6.7 |
PU-67 |
0.096 |
1.6 |
| PU-7 |
0.101 |
6.6 |
PU-68 |
0.365 |
1.8 |
| PU-8 |
0.023 |
6.6 |
PU-69 |
0.003 |
0.2 |
| PU-9 |
0.003 |
0.2 |
PU-70 |
0.020 |
1.4 |
| PU-10 |
0.055 |
1.0 |
PU-71 |
0.444 |
6.9 |
| PU-11 |
0.020 |
4.7 |
PU-72 |
0.005 |
0.4 |
| PU-12 |
0.013 |
1.2 |
PU-73 |
0.003 |
2.1 |
| PU-13 |
0.002 |
0.4 |
PU-74 |
0.006 |
2.5 |
| PU-14 |
0.012 |
0.8 |
PU-75 |
0.008 |
0.2 |
| PU-15 |
0.183 |
1.7 |
PU-76 |
0.000 |
0.0 |
| PU-16 |
0.010 |
0.1 |
PU-77 |
0.006 |
0.3 |
| PU-17 |
0.084 |
2.3 |
PU-78 |
0.012 |
0.6 |
| PU-18 |
0.028 |
1.1 |
PU-79 |
0.019 |
0.7 |
| PU-19 |
0.038 |
4.7 |
PU-80 |
0.599 |
2.7 |
| PU-20 |
0.002 |
0.2 |
PU-81 |
0.099 |
0.8 |
| PU-21 |
0.081 |
2.4 |
PU-82 |
0.022 |
2.1 |
| PU-22 |
0.123 |
4.7 |
PU-83 |
0.256 |
3.9 |
| PU-23 |
0.066 |
1.5 |
PU-84 |
0.035 |
2.1 |
| PU-24 |
0.024 |
1.3 |
PU-85 |
0.038 |
2.1 |
| PU-25 |
0.743 |
6.6 |
PU-86 |
0.062 |
2.2 |
| PU-26 |
0.188 |
7.7 |
PU-87 |
0.350 |
5.1 |
| PU-27 |
0.324 |
3.0 |
PU-88 |
0.429 |
1.6 |
| PU-28 |
0.103 |
9.5 |
PU-89 |
0.022 |
0.2 |
| PU-29 |
0.033 |
7.9 |
PU-90 |
0.217 |
5.2 |
| PU-30 |
0.002 |
0.2 |
PU-91 |
0.439 |
5.5 |
| PU-31 |
0.048 |
7.9 |
PU-92 |
0.113 |
1.4 |
| PU-32 |
0.043 |
1.4 |
PU-93 |
0.030 |
2.4 |
| PU-33 |
0.032 |
1.9 |
PU-94 |
0.107 |
0.9 |
| PU-34 |
0.539 |
13.9 |
PU-95 |
0.002 |
0.7 |
| PU-35 |
0.006 |
3.2 |
PU-96 |
0.055 |
1.1 |
| PU-36 |
0.013 |
4.0 |
PU-97 |
0.072 |
1.8 |
| PU-37 |
0.176 |
5.0 |
PU-98 |
0.087 |
0.6 |
| PU-38 |
0.034 |
3.5 |
PU-99 |
0.095 |
2.0 |
| PU-39 |
0.026 |
6.6 |
PU-100 |
0.035 |
2.8 |
| PU-40 |
0.043 |
10.0 |
PU-101 |
0.043 |
1.2 |
| PU-41 |
0.015 |
0.3 |
PU-102 |
0.011 |
8.8 |
| PU-42 |
0.189 |
0.7 |
PU-103 |
0.016 |
1.2 |
| PU-43 |
0.166 |
0.9 |
PU-104 |
0.003 |
0.1 |
| PU-44 |
0.015 |
0.8 |
PU-105 |
0.092 |
2.3 |
| PU-45 |
0.211 |
8.3 |
PU-106 |
0.060 |
2.0 |
| PU-46 |
0.138 |
2.0 |
PU-107 |
0.036 |
1.3 |
| PU-47 |
0.101 |
5.5 |
PU-108 |
0.021 |
0.7 |
| PU-48 |
0.070 |
3.5 |
PU-109 |
0.097 |
0.7 |
| PU-49 |
0.015 |
0.6 |
PU-110 |
0.096 |
1.1 |
| PU-50 |
0.031 |
1.0 |
PU-111 |
0.006 |
0.2 |
| PU-51 |
0.072 |
0.7 |
PU-112 |
0.006 |
0.3 |
| PU-52 |
0.159 |
1.6 |
PU-113 |
0.027 |
2.2 |
| PU-53 |
0.094 |
0.5 |
PU-114 |
0.012 |
2.2 |
| PU-54 |
0.044 |
1.1 |
PU-115 |
0.011 |
1.0 |
| PU-55 |
0.151 |
2.3 |
PU-116 |
0.029 |
5.7 |
| PU-56 |
0.217 |
1.6 |
PU-117 |
0.009 |
4.4 |
| PU-57 |
0.034 |
1.9 |
PU-118 |
0.167 |
1.1 |
| PU-58 |
0.269 |
1.2 |
PU-119 |
0.082 |
0.4 |
| PU-59 |
0.011 |
0.4 |
PU-120 |
0.013 |
1.5 |
| PU-60 |
0.161 |
2.5 |
PU-121 |
0.057 |
1.5 |
| PU-61 |
0.010 |
0.4 |
PU-122 |
0.018 |
0.2 |
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.
Qualified Person
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.