VANCOUVER, June 11, 2012 /CNW/ - 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
Drilling plans will be released shortly. Presently we are reviewing the
newly received geophysical and historic data as we select our highest
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
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.
For further information:
Tel: (604) 801-5432
Fax: (604) 662-8829