/THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/VANCOUVER, April 26, 2013 /CNW/ - Western Pacific Resources Corp. (the "Company") - (WRP: TSXV) is pleased to announce that it is undertaking a non-brokered private placement financing of up to 13,333,333 units at $0.15 per unit, for proceeds of up to $2.0 million. Each unit will consist of one common share [...]
VANCOUVER, April 15, 2013 /CNW/ - Western Pacific Resources Corp. (the "Company" - WRP: TSXV) is pleased to report that it has paid Deer Trail Mining Company, LLC ("DTMC") a second deposit of $250,000 in accordance with its acquisition agreement with DTMC and Unico, Inc. (announced in the Company's news release of February 26, 2013).The closing of the acquisition of the Deer Trail Mine, which is located in Piute County [...]
Western Pacific Resources Corp. announces that, as a result of a review by the British Columbia Securities Commission, the Company is issuing this news release to revise and clarify certain of its previous technical disclosure. In those instances where the Company has clarified or revised previous disclosure, the Company advises readers not to rely on such statements as they may continue to be found in the public [...]
Western Pacific Resources Corp. is pleased to announce that Crown Mines has waived their right of first refusal to acquire the Deer Trail Mine in Piute County, Utah. The underground mine is located five miles SSW of the town of Marysvale, Utah at the base of Deer Trail Mountain in the underexplored Mount Baldy/Marysvale District.Warwick Smith, CEO of Western Pacific, comments: "Our team will begin to aggressively work [...]
Western Pacific Resources is pleased to announce the appointment of Mr. Michael Callahan, former Vice President of Hecla Mining as the new President. Mr. Arthur Brown, former CEO and Chairman of Hecla, will also join the Company as Chairman of the Board and Director. Mr. Callahan and Mr. Brown recently held the positions of President and Chairman respectively of Silvermex Resources Ltd. During their tenure at Silvermex [...]
Western Pacific Resources is pleased to announce that it has entered into an agreement to acquire, through its U.S. subsidiary, the Deer Trail Mine located in Piute County, Utah from the Deer Trail Mining Company, a subsidiary of Unico, Inc. Warwick Smith, CEO of Western Pacific, comments: "Acquiring the Deer Trail Mine is a significant milestone for Western Pacific. This transaction provides the platform to transform [...]
Western Pacific is pleased to announce that it has sold its Meridian Ridge claims to Midway Gold for US$500,000. The Meridian Ridge claims are located 30 miles southeast of Eureka, Nevada along the southern extension of the Battle Mountain/Eureka Trend in the northern end of Railroad Valley. Midway's Pan Project is located 9.8 miles to the northwest of the claim block. Warwick Smith, CEO of Western Pacific, comments: "We [...]
Western Pacific is pleased to announce that it has engaged Tetra Tech to assist with the evaluation of the historic heap leaching process at Mineral Gulch. Tetra Tech is a world-class engineering firm providing specialized services to the mining industry. They recently worked on the Sleeper Mine heap leach resource in Nevada and supported the project from test work through preliminary economics.
Western Pacific is pleased to announce the initiation of an economic evaluation of the historic heap leach pad at its Mineral Gulch Project, located in Cassia County, Idaho. "The historic gold recovery from using heap leach at the Black Pine Mine was approximately 63% but Pegasus Mining was using 'run-of-mine' and as a consequence did not crush the ore. Noranda performed grind-test recoveries on the Property in the late [...]
Western Pacific is pleased to announce the appointment of Mr. Douglas Ford as a Director and Chief Financial Officer. Mr. Ford is the Chief Financial Officer of Rockgate Capital Corp., Rockridge Capital Corp. Falkirk Resource Corp. and Bama Gold Corp. Since 1987, he has been the General Manager of Dockside Capital Group Inc., a private merchant banking and venture capital firm specializing in providing services to, and [...]