Southern Cross Goldfields

Published : February 07th, 2012

Western Pacific Expands Southern Soil Anomaly

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Keywords :   Canada | Fortuna | Gold | Gold Discovery | Idaho | Iron | Silver | Utah |
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News Release

February 7, 2012
 
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Western Pacific Expands Southern Soil Anomaly

Vancouver, British Columbia, February 7, 2012 � Western Pacific Resources Corp. (WRP � TSXV) is pleased to report the results of a soil geochemistry program completed in December 2011 at its Mineral Gulch project in southern Idaho.  A total of 1,300 samples were collected on a 50 meter by 50 meter grid in the previously unsampled area south and west of the C&D pit (see map posted on company website):  http://www.westernpacificresources.com/s/MineralGulch.asp

Anomalous gold-in-soil results were encountered over an area covering 600 meters by 200 meters, containing gold values from 100 ppb to 601 ppb Au and the anomaly remains open to the north and northwest towards the C&D pit. This area has never been drilled or previously sampled.

�These results confirm the upside potential of the Mineral Gulch project.  The latest soil program has given us a large soil target to drill within the northeast trending structural zone which includes the C&D pit, Tallman pit, Hazel Pine area and the previously defined soil anomalies northeast of the Hazel Pine area.  Based on this success, we�re planning to sample additional soil grids during this year�s field season�, says Curt Everson , Exploration Manager.

Western Pacific owns 100% of the Mineral Gulch property, located in Cassia County, Idaho, near the Utah border.  The project encompasses the historic Black Pine Mining District and surrounding exploration ground, which was the site of small scale gold and base metal mining beginning in 1915.  Noranda Inc. explored the property between 1984 and 1990, and then entered into a joint venture with Pegasus Mining in 1990.  The joint venture produced 520,000 ounces of gold at an average grade of 1.0 g/t, from several small open pits, between 1992 and 1998.  Recent work by Western Pacific suggests excellent potential for the discovery of additional mineralization on this historic property.

About Western Pacific

Western Pacific is a gold explorer focused on acquiring advanced-stage projects in the Western United States, and has the right combination of exploration and financial professionals to succeed in making a world class gold discovery. For more information, please visit our website at www.westernpacificresources.com.

Qualified Person

Curt Everson, M.Sc., P.Geo., is Western Pacific�s Qualified Person for the purposes of National Instrument 43-101 and has prepared or supervised the preparation of the disclosure of any scientific and technical information contained in this news release.
 

ON BEHALF OF THE BOARD

Warwick Smith , Chief Executive Officer  

Contact Information
Tel: (604) 801-5432
Fax: (604) 662-8829
Email:
info@westernpacificresources.com
Website:
www.westernpacificresources.com

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this news release.
This news release contains forward-looking information, which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectation.  Important factors - including the availability of funds, the results of financing and exploration activities, the interpretation of drilling results and other geological data, risks associated with the estimation of mineral resources and the geology, grade and continuity of mineral deposits, project cost overruns or unanticipated costs and expenses -- that could cause actual results to differ materially from the Company's expectations are disclosed in the Company�s documents filed from time to time on SEDAR (see www.sedar.com ).  Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release.  The Company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

   
Radius Gold | Fortuna Silver Mines | Focus Ventures | Iron Creek Capital | Western Pacific Resources | Emerick Resources | Wesgold Minerals

 
 



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Southern Cross Goldfields

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CODE : SXG.AX
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Southern is a gold exploration company based in Australia.

Southern holds various exploration projects in Australia.

Its main asset in production is PARKER RANGE in Australia and its main exploration properties are MARDA GOLD and BULLFINCH NORTH in Australia.

Southern is listed in Australia. Its market capitalisation is AU$ 390.5 millions as of today (US$ 281.8 millions, € 246.9 millions).

Its stock quote reached its lowest recent point on November 28, 2008 at AU$ 0.05, and its highest recent level on January 22, 2010 at AU$ 5.55.

Southern has 887 449 984 shares outstanding.

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