VANCOUVER, Feb. 2 /CNW/ - Western Pacific Resources Corp. (WRP - TSXV) is pleased to announce that historical data on the Company's Mineral
Gulch project, Idaho includes metallurgical tests performed by Kappes
Cassiday and Associates (KCA) in 1988 which show direct oxidation with
chlorine recovered 88% of the contained gold in the carbonaceous rock.
Roasting of the material at a very modest temperature of 540°C returned
82% of the assayed gold.
About Mineral Gulch
Mineral Gulch is located in Cassia County, Idaho, along the southeast
edge of the Black Pine Mountains, approximately 128km southeast of
Burley and 28 km northwest of Utah. Western Pacific Resources Corp.
owns 100% of the project which it acquired through staking.
The project encompasses the historic Black Pine Mining District and
surrounding exploration ground. Western Pacific Resources Corp.
recently 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 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 the near-surface, oxidized ore bodies.
Noranda conducted limited drilling into the carbonaceous rock in the
1980s before any resource calculations and mining configurations were
completed. The drilling was to delineate potentially economic gold
grades in both the oxide and carbonaceous rock. When Pegasus Gold Inc.
took over as operator of the mine, they focused on drilling the
leachable oxide material and not the carbonaceous rock.
Western Pacific plans to drill 10,000 meters this year for a total of 33
holes. This program will test both the oxide and carbonaceous rocks in
eight target areas.
A review of KCA's historic metallurgical data indicates that potentially
economic gold recoveries are feasible from the partially drilled
carbonaceous material below the "B" Anomaly (and eventual oxide pit)
using techniques that were standard in the late 1980s.
The results were released in a report dated May 9, 1988, "The Black Pine
Carbonaceous Lab Testwork Final Report". Western Pacific has not completed independent work to verify KCA's
testwork. However, KCA are a recognized metallurgical and engineering
consultancy, and as such the work is believed by Western to be of a
high technical quality. This work is historic in nature and should not
be relied upon.
A carbonaceous resource below the B Anomaly was estimated to be 54,300
ounces of gold with grades at 3.5 g/t Au. Although this portion of the
deposit had very little drill testing, the grades and recoveries are
well within the range of past and modern economic carbonaceous
processing. At the time of the original report by Noranda named Black Pine "Deposit
B" Geological Reserves and Tallman Pit Reserves June 17th, 1987, this material was categorized as reserves. Currently, the
figures do not conform to the category of reserves as defined in
National Instrument 43-101 standards because all of the infrastructure
and processing plant have been removed, and they are being treated as
historical resources. While Western Pacific believes that the
exploration work, quality assurance-quality control and production
reconciliation carried out by Noranda was of high quality, a Qualified
Person has not done sufficient work to classify the historical estimate
as current mineral resources and the historical estimate should not be
"We find this process and recovery data very encouraging. The oxide ores
responded very well to conventional heap leaching for Pegasus in the
1990s and it is reassuring that a realistic process exists for the
carbonaceous material. Processing of carbonaceous ores has advanced a
great deal in the 23 years since the tests were performed," Eric
Western Pacific plans to undertake a bulk sample of the carbonaceous
rock in order to conduct an updated roasting test. Results of the test
will be released via press release once they are received.
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
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.
For further information:
Tel: (604) 801-5432
Fax: (604) 662-8829