|April 16, 2012|
Western Pacific Cuts 12.2m of 1.37 g/t Gold at Mineral Gulch, Including 7.6m of 1.88 g/t Gold
|Vancouver, British Columbia, April 16, 2012 -- Western Pacific Resources Corp. (WRP -- TSXV) is pleased to release the assay results for the first three drill holes of the 2012 drilling season at its Mineral Gulch project in southern Idaho. The holes were in the southern project area in the D Pit area. This was one of the largest pits mined at Black Pine by Pegasus Gold. Results for the drill holes are shown in Table 1 below. |
"Drill hole MGR12-036 is significant for two reasons: one, it contains higher grades than any of the Western Pacific sampling or previous drilling in the D Pit area; and, two, it is drilled at an angle to the west and represents a "true thickness" of one of the mineralized faults. The interval is entirely in oxidized rock," states Eric Saderholm, President of Western Pacific. "Drill hole MGR12-037 contained a very thick and consistent run of anomalous mineralization that is very encouraging and will be followed up in the next phase of drilling."
Drill hole MGR12-036 was designed to test the east-dipping structure that clearly controls most of the mineralization in D Pit and succeeded in cutting 12.2 meters of 1.37 g/t gold (48.8m to 61.0m) including 7.6 meters of 1.88 g/t (48.8m to 56.4m).
Drill hole MGR12-037 was drilled vertically and encountered 80.8 meters of 0.21 g/t (56.4m to 137.2m).
See map posted on the company website for drill hole locations, at:
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 has 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 www.westernpacificresources.com.
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
Tel: (604) 801-5432
Fax: (604) 662-8829
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.
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