Mr. Michael Callahan reports
WESTERN PACIFIC DRILLING ENCOUNTERS HIGH GRADE MINERALIZATION
Western Pacific Resources Corp. has released positive results from its continuing diamond drill program at the Deer Trail mine, located in Piute county, Utah. On Aug. 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 grams per tonne (g/t) gold, 5,180 g/t silver, 15 per cent zinc and 10.6 per cent lead.
HIGHLIGHTS FROM FIRST 14 HOLES
Interval Interval Gold Silver
Drill hole from -- to (feet) grams/tonne grams/tonne Lead % Zinc %
DT14-07 30 -- 35 4 20.56 1,192 2.12% 3.38%
Includes 30 -- 31 1 88.8 5,180 10.60% 15.00%
DT14-11 62 -- 70.5 8.5 1.9 332.53 2.83% 4.52%
Includes 62 -- 65.5 3.5 3.99 639 2.37% 4.20%
DT14-13 101 -- 104 3 9.03 734.6 3.35% 6.90%
Includes 101 -- 102 1 26.7 2,170 9.58% 18.45%
DT14-01 136.5 -- 141 4.5 0.812 494 3.90% 17.95%
DT14-12 89.5 -- 92.8 3.3 8.92 717 0.10% 0.48%
DT14-06 26 -- 31.1 5.1 1.18 498 1.04% 3.31%
Includes 28.4 -- 31.1 2.7 2.05 659 0.91% 3.58%
DT14-05 118 -- 119 1 1.87 338 1.30% 8.27%
DT14-04 209.7 -- 213 3.3 3.82 500 3.49% 0.30%
Full details of all drill results including assays, hole location, dip and azimuth are available on the company's website. The project contains several structural blocks and there are 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 on the company's website 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 ounces per ton silver, 2.96 per cent lead and 7.45 per cent zinc. The company has not completed the work necessary to have the historical data verified by a qualified person as defined by National Instrument 43-101 and as such these historical estimates should not be relied upon.
"We are very excited that we are seeing a high percentage of high-grade intercepts from our drill program, and that the structures are open both up and downdip as well as laterally," stated Michael Callahan, Western Pacific's president and chief executive officer. "The fact that drilling has intersected mineralization in multiple layers, and not just those mined historically, indicates the 3400 area has more potential than previously anticipated. We are also encouraged that the mineralization intercepted in Manto S4 correlates very closely to the high grades reported when the mine was in production."
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 per cent zinc and 3.9 per cent 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.
DRILL RESULTS FROM DEER TRAIL MINE
Hole DT14-01
interval Manto Au gram/tonne Ag gram/tonne Pb % Zn %
69.5 -- 74 S5 0.22 59.2 0.19% 0.24%
74 -- 79 S5 0.081 25.6 0.30% 0.74%
79 -- 84 S5 0.375 64.1 0.46% 1.08%
84 -- 88 S5 0.243 62.2 0.33% 1.84%
88 -- 93 S5 0.211 40.6 0.43% 0.77%
123 -- 124 vein 0.571 223 1.48% 0.21%
136.5 -- 141 S6 0.812 494 3.90% 17.95%
250 -- 254 S7 0.82 156 0.82% 0.29%
321 -- 324 ? 0.055 7.87 low 3.03%
324 -- 329.5 ? 0.131 8.23 low 2.52%
Hole DT14-02
interval Manto Au gram/tonne Ag gram/tonne Pb % Zn %
51.6 -- 53.0 vein 0.598 120 0.74% low
103 -- 104.1 S6 0.132 37.2 2.12% 0.46%
343.8 -- 344.8 vein 0.735 99 3.70% 9.04%
Hole DT14-03
interval Manto Au gram/tonne Ag gram/tonne Pb % Zn %
74 -- 76 S6 0.167 43.6 0.83% 0.87%
76 -- 80.5 S6 0.162 92.1 0.39% 0.44%
80.5 -- 83.5 S6 0.145 108 low 0.17%
228.5 -- 229.5 S7 2.02 313 1.06% 2.78%
Hole DT14-04
interval Manto Au gram/tonne Ag gram/tonne Pb % Zn %
153 -- 157 Vein 0.485 535 0.64% 0.07%
188 -- 189 S5? 0.032 48.8 0.09% 1.26%
189 -- 193 S5? 0.099 54.3 0.29% 6.66%
193 -- 195 S5? 0.127 54.6 2.20% 2.23%
195 -- 200 S5? 0.05 2.56 0.01% 0.00%
209.7 -- 213 S6 3.82 500 3.49% 0.30%
Hole DT14-05
interval Manto Au gram/tonne Ag gram/tonne Pb % Zn %
5.5 -- 8.7 Vein 0.492 100 0.07% 0.05%
26.8 -- 32 S5 0.235 147 0.28% 0.94%
118 -- 119 S4 1.865 338 1.30% 8.27%
Hole DT14-06
interval Manto Au gram/tonne Ag gram/tonne Pb % Zn %
25 -- 26 S4 0.027 10.7 0.18% 2.79%
26 -- 28.4 S4 0.205 316 1.18% 3.01%
28.4 -- 31.1 S4 2.05 659 0.91% 3.58%
31.1 -- 35.5 S4 0.959 132 0.45% 0.69%
Hole DT14-07
interval Manto Au gram/tonne Ag gram/tonne Pb % Zn %
30 -- 31 S4 88.8 5180 10.60% 15.00%
31 -- 35 S4 3.5 195 Low 0.47%
Hole DT14-08 -- drilled into old workings
Hole DT14-09 -- drilled into overburden
Hole DT14-10 -- no significant assays
Hole DT14-11
interval Manto Au gram/tonne Ag gram/tonne Pb % Zn %
62 -- 65.5 S4 3.99 639 2.37% 4.20%
65.5 -- 70.5 S4 0.443 118 3.15% 4.74%
Hole DT14-12
interval Manto Au gram/tonne Ag gram/tonne Pb% Zn%
89.5 -- 92.8 S4 8.92 717 0.10% 0.48%
Hole DT14-13
interval Manto Au gram/tonne Ag gram/tonne Pb % Zn %
63.3 -- 64.7 S5 0.579 60.5 0.41% 0.72%
91.5 -- 96.4 vein 0.461 34.8 0.05% 0.20%
96.4 -- 101 S4 0.217 27.5 0.08% 0.22%
101 -- 102 S4 26.7 2170 9.58% 18.45%
102 -- 104 S4 0.191 16.85 0.23% 1.13%
195 -- 198 vein 0.427 53.3 0.28% 0.28%
198 -- 202.5 vein 1.03 84 0.07% 0.09%
202.5 -- 204 vein 1.56 117 0.17% 0.10%
204 -- 209 vein 3.54 262 0.40% 0.35%
Hole DT14-14
interval Manto Au gram/tonne Ag gram/tonne Pb % Zn %
150.7 -- 155.7 S6 0.201 146 2.03% 3.28%
155.7 -- 158 S6 0.304 157 0.24% 1.08%
195.5 -- 200.8 S7 0.083 42.2 0.49% 0.71%
200.8 -- 205.4 S7 0.344 94.1 0.64% 1.45%
Core recovery for the holes reported in this release was high, averaging greater than 99 per cent. Industry-standard QA/QC (quality assurance/quality control) 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.
Qualified person
Eric Saderholm, BSc, registered member (No. 4145463RM), Society for Mining, Metallurgy and Exploration, is Western Pacific's qualified person for the purposes of NI 43-101. Mr. Saderholm has approved the scientific and technical information contained in this news release.
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