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02/14/14 - C$0.19
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western pacific resources (WRP) Details

Western Pacific Resources Corp. engages in the acquisition, exploration, and development of precious metals properties in the Western United States. It explores for gold, silver, lead, zinc, and copper mineral deposits. The company’s properties include Deer Trail Mine covering an area of 3,275 acres located in Piute County, central Utah; Mineral Gulch property located in southeastern Cassia County in Southern Idaho; and Rock Springs property located in Elko County, Nevada. Western Pacific Resources Corp. was incorporated in 2009 and is headquartered in Vancouver, Canada.

western pacific resources (WRP) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: --
Chief Financial Officer
Total Annual Compensation: C$16.1K
Vice President of Exploration
Total Annual Compensation: C$182.0K
Compensation as of Fiscal Year 2013.

western pacific resources (WRP) Key Developments

Western Pacific Resources Corp. Announces Executive Changes

Western Pacific Resources Corp. announced that it has appointed Sheryl Elsdon as Corporate Secretary of the Company. Ms. Elsdon has worked in the public sector since 2005 and has extensive experience with both exploration companies and office management.

Western Pacific Resources Corp. Announces Positive Results from its Ongoing Diamond Drill Program at the Deer Trail Mine, Located in Piute County, Utah

Western Pacific Resources Corp. announced positive results from its ongoing diamond drill program at the Deer Trail Mine, located in Piute County, Utah. On August 20, 2014, a total of 14 holes of a 50 hole program had been completed. These 14 holes consist of 4,052 feet of drilling from two underground drill stations and include grades up to 88.8 g/t gold, 5,180 g/t silver, 15% zinc and 10.6% lead. The project contains several structural blocks and there is insufficient data from the existing drilling pierce points to accurately calculate true thickness at this time. The current drill program is focused in the 3400 area of the mine, and drilling is being performed from the main PTH haulage tunnel. The long section diagram below shows the PTH tunnel and the interpreted orientation of the mineralization. This area was in production intermittently from 1945 to 1962 and again in 1981. Average reported grades from available historical production were 0.171 ounce per ton gold, 11.61 ounce per ton silver, 2.96% lead and 7.45% zinc. The company has not completed the work necessary to have the historical data verified by a Qualified Person as defined by NI43-101 and as such these historical estimates should not be relied upon. The drill program has identified seven stacked manto layers while historic mining focused on only one, Manto S4. Drilling to date into Manto S4 confirms the existence of high grade mineralization and the structure is open in all directions. While past mining on S4 was primarily below the main haulage tunnel, Western Pacific's drilling into this structure from Station 2 targeted the structure above the main tunnel and shows it to be open in that direction. Manto S6, which was not explored or mined historically, has also intersected significant mineralization. The Company's first hole (DT14-01) into S6 returned high grade values of 0.812 g/t gold, 494 g/t silver, 17.95% zinc and 3.9% lead over an interval of 4.5 feet. The entire program when completed will consist of approximately 50 holes and over 18,000 feet from five underground stations. To date, 21 holes and over 7,500 feet from three underground stations have been completed and the Company continues to be pleased with progress. The objective of the drilling is to define a Mineral Resource that will allow the Company to better evaluate the strategy for putting the mine back into production. Core recovery in these holes were averaging greater than 99%. Industry standard QA/QC programs are carried out and maintained on the DTM exploration program by Eric Saderholm, Qualified Person. Sample preparation has been carried out by ALS in Reno and Tucson, assaying has been carried out by ALS Vancouver. Eric Saderholm, B.Sc, Registered Member (Number 4145463RM), Society for Mining, Metallurgy, and Exploration, is Western Pacific's Qualified Person for the purposes of NI 43 101.

Western Pacific Resources Corp. Announces Commencement of Core Drilling Program at the Deer Trail Property, Utah

Western Pacific Resources Corp. announced the commencement of a 5,500 m (18,000 ft) core drilling program at the company's Deer Trail property, located in Piute County, Utah. The program is designed to confirm the continuity of mineralization, with the goal of recommencing production at Deer Trail. The Deer Trail Mine project is a polymetallic property with gold, silver, lead, zinc and copper mineralization occurring in oxide and sulphidic material. The mine includes a 250 tonnes per day capacity flotation mill, a large-scale mining permit, and extensive infrastructure. The underground drill program will follow-up on the results from the 2013 sampling program conducted in the 3400 zone. Results from this sampling program included grades ranging from 0.016 g/t to 164.5 g/t Au (0.0 oz/t to 5.3 oz/t Au) and from 0.9 g/t to 8,090 g/t Ag (0.0 oz/t to 260 oz/t Ag). 47% of the 72 samples in that program returned grades higher than 311 g/t (10 oz/t) Ag equivalent with the weighted average grade of those samples averaging 1,300.1 g/t (41.8 oz/t) Ag equivalent over an average channel width of 1.17 meters. The 50 hole drill program will provide extensive data and will pierce the five known stacked mineralized manto layers. The drilling will focus on defining mineralization near to the existing mine workings, as well as targeting prospective areas that have not been previously drilled.


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