VANCOUVER, Feb. 23 /CNW/ - 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
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