Westminster Resources Ltd. - Montoso zone drilling intersects pyrite-rich porphyry alteration containing broad intervals enriched in silver

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VANCOUVER, July 9, 2013 /CNW/ - Westminster Resources Ltd. ("Westminster" or "the Company") has compiled results from five core holes drilled on the Montoso Target of the Company's Cumbral-San Bartolo project in Sonora, Mexico. This portion of Westminster's concessions is being explored through an earn-in Option Agreement with Capstone Mining Corp. ("Capstone") who have 49% interest in the project having funded $3.3 million to date on exploration. A further contiguous 9,615 hectares of new mineral concessions have been added to the project.

A total of 4,163 meters was drilled in the five holes to test a complex geophysical anomaly system coincident with variably anomalous soil geochemistry and extensive leached gossanous zones. The geophysical surveys produced strong IP chargeability/resistivity responses associated with both high and low magnetic anomalies. The holes were designed to test various gradations in IP response intensity. All holes were drilled on angled (not vertical) projections. This drilling was a portion of the second phase of the project's exploration with Capstone which also included alteration mapping, prospecting, soil geochemical sampling and geological mapping.

All holes encountered abundant pyrite as disseminations, on fractures and in veinlets in intrusive host rocks (granodiorite, feldspar porphyry, igneous breccia and magnetic mafic intrusive) which exhibit weak to moderate porphyry-related alteration (potassic-phyllic) and sparse veining to minor sheeted vein and stockwork development ("B and D veins") occasionally containing molybdenite. The nature of the metal content, and geologic interpretation of the core suggests that this first phase of drilling at the Montoso Zone has encountered a pyritic peripheral silver-enriched halo component of a laterally extensive porphyry hydrothermal system.

The Montoso Zone drilling showing elevated results are presented in Table A. Holes 1, 2 and 5 tested the central and south high chargeability and magnetic high and low patterns while holes 3 and 4 were designed to test the northern edge of the Montoso target and a blanket-like conductivity anomaly extending further to the north. (See Drill Hole Location and Alteration Maps at http://www.westminsterres.com/drillholesandlocation.pdf )

Bruce Ballantyne, Project Manager commented: "We are at early stages of our interpretation of the Montoso hydrothermal systems geometry. These first 5 holes have identified features of classic porphyry-style alteration and sulphide mineralization over multi-kilometers of anomalous geophysics and geochemistry. An area approximately 2 kilometers in diameter  NW of the Montoso Zone's most northern drilling has anomalous soil geochemistry, scattered copper oxide stained rock chips and rarely exposed subcrop of potassic alteration (K-Spar) intrusion. The underlying disrupted patterns in the geophysical data could also show that it is the potential potassic core area to the more peripheral pyritic Montoso Zone as now interpreted."

Glen Indra, President stated: "Having completed a cumulative exploration expenditure of $3,300,000 since the Spring of 2012, Westminster and our Option Agreement partner Capstone Mining Corp. have aggressively begun exploration at the Cumbral-San Bartolo project. With the completion of this 2013 phase, Capstone is vested to a 49% interest in the property. The first-ever drilling at Montoso shows a sizeable system requiring continued exploration drilling. Westminster has added a further 9,615 hectares of contiguous mineral concessions to the project area."

Table A

Hole No. Interval (m)
from
Interval (m)
to
Intercept
Length (m)
Ag ppb
(g/t)
Au ppb
(g/t)
Cu ppm Mo ppm Zn ppm Pb ppm
13WMR001
Azimuth: 145
Dip: -60º
EOH: 1244m
0.00 11.10 11.10 1312
(1.3 g/t)
         
21.00 23.00 2.00 39076
(39.07 g/t)
      856 1477
123.23 139.23 16.00     112.3      
152.76 293.91 140.85     118.1      
370.72 377.35 6.63 3797
(3.7 g/t)
    56 833 301
452.55 458.00 5.45     189.9 58    
566.00 703.34 137.34     136.1      
725.00 854.69 129.69     148.4      
13WMR002
Azimuth: 157
Dip: -50º
EOH: 788m
0.00 169.00 169.00 1319
(1.3 g/t)
  243.6      
Including 7.00 121.00 114.00 1603
(1.6 g/t)
46.7
(0.04 g/t)
245.9   615  
  221.33 293.00 71.67 1268
(1.26 g/t)
         
Including 221.33 238.50 17.17 2390
(2.39 g/t)
  552.5   779  
  401.00 463.90 62.90 3913
(3.91 g/t)
         
Including 410.60 451.00 40.40 5531
(5.53 g/t)
125.0
(0.12 g/t)
       
and 410.60 411.80 1.20 13666
(13.66 g/t)
841.2
(0.84 g/t)
209.1   4106 214
and 436.69 437.90 1.21 86126
(86.12 g/t)
873.6
(0.87 g/t)
2467.5   7297 2657
  480.00 482.00 2.00 4319
(4.31 g/t)
856.8
(0.85 g/t)
291.5      
  600.00 635.30 35.30 2391
(2.39 g/t)
         
Including 629.66 634.80 5.14 10885
(10.88 g/t)
102.4
(0.10 g/t)
326.6   6231 1772
  647.00 659.00 12.00 2962
(2.96 g/t)
55.4
(0.05 g/t)
    2380 368
  732.00 743.00 11.00 1843
(1.84 g/t)
      848 193
13WMR003
Azimuth: 27
Dip: -55º
EOH: 467m
6.50 27.51 21.01 766
(0.76 g/t)
  126.0      
139.00 149.00 10.00 821
(0.82 g/t)
         
231.00 255.00 24.00 690
(0.69 g/t)
         
13WMR004
Azimuth: 176
Dip: -62º
EOH: 816.5m
133.00 135.00 2.00 4085
(4.0 g/t)
87.3
(0.08 g/t)
287.2   3119 1181
147.00 174.00 27.00 1047
(1.0 g/t)
         
Including 151.00 174.00 23.00 1043
(1.0 g/t)
      818  
  220.00 222.00 22.00 8554
(8.55 g/t)
  467.4      
  347.40 348.62 1.22 3098
(3.09 g/t)
      2138  
  433.00 435.00 2.00 4182
(4.18 g/t)
      3227  
  524.30 534.70 10.40 7574
(7.57 g/t)
87.0
(0.087 g/t)
  151 7574  
  583.66 607.00 23.34 1571
(1.57 g/t)
         

Hole No. Interval (m)
from
Interval (m)
to
Intercept
Length (m)
Ag ppb
(g/t)*
Au ppb
(g/t)*
Cu ppm Mo ppm Zn ppm Pb ppm
Including 603.19 607.00 3.81 2751
(2.75 g/t)
57.2
(0.057 g/t)
  101    
  672.17 672.60 0.43 2470
(2.47 g/t)
  262.8      
  768.62 769.82 1.20 8678
(8.67 g/t)
139.4
(0.139 g/t)
       
  785.00 786.00 1.00 2212
(2.21 g/t)
    243    
13WMR005
Azimuth: 35
Dip: -60º
EOH: 848m
9.80 41.00 31.20 520
(0.52 g/t)
41.3
(0.41 g/t)
464.7 13    
51.00 142.21 91.21 1709
(1.7 g/t)
         
210.65 253.44 42.79 1054
(1.05 g/t)
         
322.15 326.30 4.15 429
(0.42 g/t)
119.8
(0.11 g/t)
248.0      
408.00 428.00 20.00       72.9    
434.00 442.00 8.00       80.9    
668.00 673.08 5.08 2053
(2.05 g/t)
         
790.73 795.00 4.27 9113
(9.1 g/t)
         
Including 790.73 792.09 1.36 26363
(26.36 g/t)
985.2
(0.98 g/t)
4136   3842  

*Note: Acme reports Ag and Au in ppb; the Company has converted contents to g/t.

ON BEHALF OF THE BOARD OF DIRECTORS
WESTMINSTER RESOURCES LTD.

"Glen J. Indra"

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About Westminster:

Managed by an experienced exploration team the Company is focused on exploring and developing prospects on a land package of approximately 51,767 hectares of contiguous mineral concessions in Sonora, Mexico. These concessions constitute a mineral district scale property serviced by roads, power and water. Approximately 10,109 hectares comprise the Cumbral-San Bartolo option project with Capstone Mining Corp. Capstone has secured a 49% interest in the project having spent $3.3 million to date; Capstone Mining Corp. has the exclusive right under a formal Joint Venture Agreement to earn a further 11% interest by expending an additional $3 million by December 31, 2014 and can earn a further 10% interest by expending an additional $3 million before December 31, 2015, bringing their total expenditures to $9.3 million to earn a 70% interest.

Qualified Person and Assay Methods: The boxed drill core was checked and examined at the drill site then securely transported by a Qualified Person to the Westminster Resources' secure core logging facility in Obregon, Mexico. The drill core was logged, geotechnical measurements taken and sawn with diamond saw and sampled in their entirety in two meter intervals at the company's core processing and storage facility.

One half of the core is stored in core boxes at the secure core storage warehouse and one half of the core is bagged in numbered two meter intervals for each individual core sample which is then shipped in labeled rice bags. Acme Preparation Laboratory picked up the secured rice bags of core samples weekly with its transport truck which then drove them directly to the Acme sample preparation facility in Caborca, Sonora for preparation and processing.

Samples were crushed, split and 250 grams were pulverized to 80% passing 200 mesh.

Samples were analyzed in Vancouver, British Columbia by Acme for a suite of 53 elements by Ultra-trace ICP-MS code 1F06 after Aqua Regia digestion of 30 gram samples. Control reference standards (certified) as well as blanks, and duplicates were randomly inserted into the sampling sequence by Westminster Resources and by the laboratory during preparation and analyzed for Quality Control.

Qualified Person pursuant to NI 43-101, Mr. Glen Macdonald, P.Geol., head of the joint Westminster Resources-Capstone Mining Cumbral Project Exploration and Management Committee and Director of Westminster Resources, has reviewed and approved the technical information contained in this news release.

This news release may contain forward-looking information which is not comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release may include, but is not limited to, the Company's objectives, goals or future plans. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, those risks set out in the Company's public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release  are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

 

 

SOURCE: Westminster Resources Ltd.

For further information:

For further information regarding Westminster Resources Ltd., please contact Leif Smither or Fulvio Scrigner at 604-608-0400, Toll Free: 1-877-608-0007 or visit our website at www.westminsterres.com

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