Oro X Mining Corp. announces the grant of a total of 675,000 incentive stock options to a director and consultants of the Company, subject to TSX Venture Exchange acceptance. Each option is exercisable to purchase one common share of the Company for five years at a price of C$0.70 per common share in accordance with the terms of the Company's stock option plan. The Board of Directors of the Company also approved the grant [...]
Oro X Mining Corp. is pleased to announce the continuation of the surface exploration program focused on generating drilling targets at its 100% owned Julian gold exploration project in southern Ecuador. The Property is adjacent to and surrounds to the east, south, and west the renowned "El Mozo" high-sulphidation epithermal deposit. The El Mozo mining project has been previously explore...
Oro X Mining Corp. is pleased to provide the following update. Following the successful completion of the acquisition of the Coriorcco and Las Antas options in Peru, the Company now holds gold exploration assets in two of South America's premier mining jurisdictions. In addition to advancing its project portfolio, the Company is leveraging its commercial and technical expertise to strategically review other potential [...]
Oro X Mining Corp. is pleased to announce that it has completed its acquisition from Titan Minerals Ltd. of options to acquire the Coriorcco and Las Antas gold projects located in Ayacucho. As part of the Transaction, the Company also closed a concurrent private placement of common shares for gross proceeds of $6,250,000 and completed a name change from Western Pacific Resources Corp. to Oro X Mining Corp., on the terms [...]
Western Pacific Resources Corp. is pleased to announce it has entered into an Option Acquisition Agreement with Titan Minerals Ltd. in which Western Pacific will purchase Titan's right to acquire the Coriorcco and Las Antas gold projects located in Ayacucho, Peru. Upon closing of the transaction and Exchange acceptance, the Company will appoint Mr. Paul Matysek as lead advisor and change its name to "Oro X Mining Corp [...]
Western Pacific Resources is pleased to announce the appointment of Mr. Matthew Roma as Chief Financial Officer and Corporate Secretary of Western Pacific effective July 13, 2020. Mr. Roma is a Chartered Professional Accountant with over 10 years of financial management experience. Prior to joining Western Pacific, Mr. Roma was the Director of Finance for Core Gold Inc. until the sale of the Company to an Australian [...]
Western Pacific Resources Corp. announces that it has granted incentive stock options to certain directors, officers, consultants and employees of the Company to purchase up to 1,900,000 common shares in the capital of the Company pursuant to the share option plan of the Company. The options are exercisable on or before June 24, 2025 at an exercise price of $0.27 per Share. Luis Zapata Chief Executive Officer Neither TSX [...]
Western Pacific Resources Corp. is pleased to announce that it has settled its debt to Unico Incorporated/Deer Trail Mining Company - in the amount of US$200,000, 10,062,546 common shares of the Company and an assignment of a 50% interest in the net smelter return royalty on the Mineral Gulch Property up to a maximum of US$2,300,000 - as previously announced in a news release dated July 29, 2016, related to the Deer Trail [...]
Western Pacific Resources Corp. is pleased to announce it has entered into an agreement with Unico Incorporated/Deer Trail Mining Company to settle the debt related to the Deer Trail Mine acquisition. The Company now has no significant debt and a balance sheet which will allow the company to move forward and pursue new opportunities. Pursuant to an Asset Purchase Agreement dated February 24, 2013, the Company purchased [...]
Western Pacific Resources Corp. is pleased to provide the following update on the Company's activities. Deer Trail Mine Foreclosure Quintana WRP Holding Company LLC has accepted the Deer Trail Mine in lieu of all debts owed to Quintana by Western Pacific. In a press release dated January 27, 2016 the Company disclosed that it had entered into a Stipulation Agreement with Quintana WRP Holding Company LLC ("Quintana"), and [...]
Western Pacific Resources Corp. reports that the results from the 2014 diamond drilling program continue to demonstrate high grade intercepts at its wholly-owned Deer Trail Mine, located in Piute County, Utah. Assays for all holes through to hole DT14-41 have now been received and evaluated. Financial modeling and technical work, including metallurgical studies, are ongoing as part of the continued effort of evaluating [...]
Western Pacific Resources Corp. is pleased to announce that it has issued the remaining US$295,000 in unsecured convertible notes to Quintana WRP Holding Company LLC, subsequent to the Company's news release dated January 5, 2015. The Notes will be convertible at the option of the Placee into common shares of the Company at a price of CAD$0.1215 per share. The Note holder will have the option to convert US$101,250 of the [...]