Western Pacific Completes South Lida Drilling Program, Nevada
VANCOUVER, Feb. 23 /PRNewswire/ - Western Pacific Resources Corp. (TSXV: WRP) announces that an eleven-hole reverse circulation drilling program has been completed at the South Lida property in southern Nevada. A total of 2589 meters (8495 feet) were drilled to test outcrop and soil anomalies. Gold assays have now been received.
Nine of the drill holes encountered anomalous gold values but at relatively low levels (generally <0.25g/t Au) and two holes returned very little to no detectable gold. The best intercept was from drill hole SLR-01 that ran 3.04 meters (10 feet) at 1.31 grams/ton. This intercept was within an 18.3 meter (60 feet) interval that graded 0.274 grams/ton from 228.6 meters to 246.9 meters deep (750 to 810 feet).
Trace element geochemistry results will be analyzed when received and the further 2011 exploration will be outlined accordingly. The Company is currently evaluating additional drill targets at South Lida.
At its flagship Mineral Gulch property located in Idaho, Western Pacific plans to drill 10,000 meters (33 holes) this year. The program will test both the oxide and carbonaceous targets in eight target areas.
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
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.
Share this article