WRP Western Pacific Resources Corp

Western Pacific Resources Corp. ("Western Pacific" or the "Company") (TSX
VENTURE:WRP) announces the commencement of a 5,500 m (18,000 ft) core drilling
program at the Company's Deer Trail property, located in Piute County, Utah. The
program is designed to confirm the continuity of mineralization, with the goal
of recommencing production at Deer Trail. 


The Deer Trail Mine project is a polymetallic property with gold, silver, lead,
zinc and copper mineralization occurring in oxide and sulphidic material. The
mine includes a 250 tonnes per day capacity flotation mill, a large-scale mining
permit, and extensive infrastructure.


The underground drill program will follow-up on the results from the 2013
sampling program conducted in the 3400 zone. Results from this sampling program
(see news release dated September 3, 2013) included grades ranging from 0.016
g/t to 164.5 g/t Au (0.0 oz/t to 5.3 oz/t Au) and from 0.9 g/t to 8,090 g/t Ag
(0.0 oz/t to 260 oz/t Ag). Forty-seven percent of the 72 samples in that program
returned grades higher than 311 g/t (10 oz/t) Ag equivalent with the weighted
average grade of those samples averaging 1,300.1 g/t (41.8 oz/t) Ag equivalent
over an average channel width of 1.17 meters. 


The 50 hole drill program will provide extensive data and will pierce the five
known stacked mineralized manto layers. The drilling will focus on defining
mineralization near to the existing mine workings, as well as targeting
prospective areas that have not been previously drilled.


The Deer Trail Mine is located in Piute County, central Utah, approximately 5
miles SSW of Marysvale, or 165 miles SSW from Salt Lake City. The project
encompasses 3,275 acres of prospective ground within 5 square miles, and
includes workings known as the Upper (Old) Deer Trail Mine and the Lower Deer
Trail Mine. 


"Western Pacific has completed the rehabilitation of the 3400 area and is
excited to see the drilling begin and the program advancing ahead of schedule
and on budget," stated Michael Callahan, CEO & President of Western Pacific.
"The current drilling will be incorporated into a geologic model to evaluate the
continuity of the various mantos in this area of the mine in furtherance of the
goal of recommencing mining in this area". The 3400 area of the mine was
developed and mined intermittently until the early 1960's and again in 1981. Not
all historic data is available, however it is known that data on approximately
50% of the tons mined from this area averaged 1.71 oz/t Au (53.19 g/t Au), 11.61
oz/t Ag (361.11 g/t Ag), 7.45% zinc and 2.96% lead. (Source: Unico, INC. Annual
Report February 28, 2010). The Company has not completed the work necessary to
have the historical data verified by a Qualified Person as defined by NI43-101
and as such these historical estimates should not be relied upon.


To assist in mine development, the Company will also undertake a comprehensive
infill rib sampling program to augment historic work and further delineate the
numerous mineralized horizons. 


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 Resources Corp. 

Western Pacific is a publicly traded resource exploration company focused on
advancing a strong portfolio of precious metal properties in the Western United
States. The Company is currently developing the polymetallic Deer Trail Mine in
Piute County, Utah. The Company's shares trade on the TSX Venture Exchange under
the symbol "WRP". Western Pacific's team is led by a slate of technical and
financial experts whose aim is to succeed in creating shareholder value through
the development of its portfolio of projects as well as by pursuing additional
property acquisitions and other strategic opportunities. 




ON BEHALF OF THE BOARD                                                      
                                                                            
"Michael Callahan"                                                          
                                                                            
Michael Callahan                                                            
President & CEO                                                             



For more information visit the Company's website at www.westernpacificresources.com 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


Certain statements contained in this news release constitute forward-looking
statements within the meaning of Canadian securities legislation.
Forward-looking statements contained in this news release include, without
limitation, statements in respect of the proposed development of the Deer Trail
Mine property. These statements relate to future events, business prospects or
opportunities and product development. All such statements other than statements
of historical fact are forward-looking statements. Forward-looking statements
are often, but not always, identified by the use of words such as "seek",
"anticipate", "plan", "continue", "estimate", "expect, "may", "will", "project",
"predict", "potential", "targeting", "intend", "could", "might", "should",
"believe" and similar expressions. The Company believes that the expectations
reflected in those forward-looking statements are reasonable, but no assurance
can be given that these expectations will prove to be correct and such
forward-looking statements should not be unduly relied upon. Actual results and
developments may differ, and may differ materially, from those expressed or
implied by the forward-looking statements contained in this news release. 


Forward-looking statements involve known and unknown risks, uncertainties,
assumptions of management and other factors that may cause actual results or
events to differ materially from those anticipated in such forward-looking
statement, including but not limited to: (a) the Company not having the
financial ability to meet its exploration and development goals; (b) risks
associated with the results of exploration and development activities, the
interpretation of drilling results and other geological risks, estimation of
mineral resources and the geology, grade and continuity of mineral deposits,
project cost overruns or unanticipated costs and expenses; and (c) such other
risks detailed from time to time in the Company's quarterly and annual filings
with securities regulators and available under the Company's profile on SEDAR at
www.sedar.com.


Although the Company believes that the expectations conveyed by the
forward-looking statements are reasonable based on the information available to
it on the date such statements were made, no assurances can be given as to
future results, approvals or achievements. Such forward-looking statements have
been made for the purpose of assisting investors in understanding the Company's
business, financial and operational performance and plans and may not be
appropriate for other purposes. The forward-looking statements contained in this
news release are expressly qualified by this cautionary statement. The Company
disclaims any duty to update any of the forward-looking statements after the
date of this news release to conform such statements to actual results or to
changes in the Company's expectations except as otherwise required by applicable
law.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Fiona Grant Leydier
Investor Relations
(604) 692-2891
info@wrpv.ca

Western Pacific Resources (TSXV:WRP)
Historical Stock Chart
From May 2024 to Jun 2024

Western Pacific Resources (TSXV:WRP)
Historical Stock Chart
From Jun 2023 to Jun 2024