WRP's Mineral Gulch Deposit

Resource Opportunities (08/12/2010)
"Western Pacific is a new exploration company formed around a highly successful geological team. The company has several enticing gold targets in and around Nevada. The most interesting target is located just across the border in Idaho: A past-producing mine with considerable gold left in place by the previous operator. More importantly, the geological team sees exploration potential that could dwarf the half million ounces recovered from that mine in the 1990s. . .Based on [Mineral Gulch] results to date, chances are good that the work this year will support a preliminary estimate in excess of 1 Moz., with the ultimate potential well beyond that figure.

At this time, Western Pacific is, strictly speaking, an exploration play. However, the historic information on the Mineral Gulch property provides considerable evidence that there is a historic resource on the project that can be quickly worked into a compliant resource, with the potential to eventually outline a multimillion-ounce deposit. The Nevada gold projects provide a great deal of blue-sky exploration potential."

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