Westminster Resources Ltd (WMRSF: OTC Link) | CUMBRAL-SAN BARTOLO EXPLORATION UPDATE

CUMBRAL-SAN BARTOLO EXPLORATION UPDATE

Sep 04, 2012

OTC Disclosure News Service

Vancouver, BC, Canada –

WESTMINSTER RESOURCES LTD.

PRESS RELEASE                                              August 14, 2012

Corporate Office:                                                                                                               #WMR 12-06

Suite 488-625 Howe Street

Vancouver, BC CANADA

V6C 2T6                                                                                                                        WMR-TSX.V

                                                                                                                             WMRSF-OTCQX

Tel: (604) 608-0400 Fax: (604) 602-9330

Toll Free: (877) 608-0007 Website: http://www.westminsterres.com                                         Page 1 of 2

 

CUMBRAL-SAN BARTOLO EXPLORATION UPDATE

·  3D-IP AND MAG SURVEY COMPLETED

·  PHASE ONE DRILLING COMPLETED

 

Westminster Resources Ltd. (“the Company”) has successfully completed its first phase diamond drill core program at the Cumbral-San Bartolo copper, silver and gold project located in Sonora, Mexico.

 

The HQ-sized drill coring was contracted with CANZ Drilling, S.A.P.I. de C.V. of Mazatlan, Mexico who completed a 7 hole 1,642 meter program at the Cumbral Block A target. The drilling was designed to test, with 4 holes, a series of anomalous geophysical responses that included 2D and 3D-IP survey chargeability and resistivity, chargeability+magnetic+resistivity, and chargeability+magnetic coincident anomalies. Subcrop and outcrop surface expressions of mineralized zones containing elevated precious metals and variably leached mineralized material containing copper oxides at surface and alteration styles interpreted as IOCG (iron-oxide-copper-gold) types were tested by a further 3 holes.

 

Drill core has been logged and, including QA/QC material, a total of 910 samples are being sawn and prepared for shipping, preparation and analysis at Acme Analytical Laboratories Ltd., Vancouver. Drill core logging has identified variable amounts of intense silica-potassium alteration, visible copper oxides, iron oxide veins and breccia as well as pyrite and chalcopyrite preserved from weathering in a diorite intrusive phase not previously known to host sulphide mineralization. True intercept thickness estimates of mineralization are unknown at this time.

 

S.J. Geophysics of Delta, British Columbia successfully completed a 3D-IP survey over 223.9 kilometers of prepared grid for survey Blocks A, B, C and D which total about 9 contiguous kilometers North to South from Block A to D. The survey grid consists of east-west crosslines from 3.2 to 6.2 kilometers in length spaced 200 meters apart along a north-south base line system. Final processing and 3D inversions of the chargeability and resistivity measurements are in progress. A detailed ground magnetic geophysical survey of the Block A, B, C, D grid was also completed and processing of the results is in progress. Receipt of the modeled geophysical survey data, soil sampling results and drill core analysis will help determine the next phase of drilling.

 

A soil sampling survey of the Cumbral-San Bartolo grid has also been completed at 100 meter spacings. Results are being integrated into the soil sampling surveys previously completed on Block A and the initial San Bartolo grid in Block D. The data interpreted so far indicates strong and extensive anomalies for silver, copper and gold contents in soils which generally are coincident with mineralized zones recently found by prospecting as float, subcrop and outcrop across all of the grid Blocks. New anomalous patterns of copper-silver soil contents have also led to discovery of new mineralized occurrences which require more detailed rock sampling and soil infill surveys.

 

Westminster and Capstone Mining Corp. have executed an Option Agreement (WMR 12-02, April 17, 2012) to explore the Cumbral-San Bartolo property whereby Capstone has the right to earn a 70% interest by funding a minimum of $9.3 million CDN in exploration by December 31, 2015.

 

All technical content in the foregoing disclosure has been verified and approved by Glen C. Macdonald, P.Geo. (a qualified person for the purpose of National Instrument 43-101, Standards of Disclosure for Mineral Projects). Mr. Macdonald is a director of Westminster Resources Ltd. and has visited the project.

 

LABORATORY PROTOCOL AND QA/QC PROCEDURE: Acme Analytical Laboratories Ltd. is an ISO-9001 and ISO/IEC 17025:2005 registered and accredited laboratory who uses methods of analysis including fire assay for precious metals and ICP-Mass Spectrometry to determine metal and elemental contents for Westminster’s sample material. A 30-gram subsample of each drill core pulp is analyzed by a 58 element wet geochemical ultra-trace ICP-MS method (Acme Code IF06). All samples containing over-limit base metal and/or precious metal results are re-analyzed by Acme using Standard Fire Assay or ore assay determination methods. As normal practice, random samples are also tested for precious metal and base-metal content by assay determination methods to ensure that the acid digestion ultra-trace procedure is accurately reporting content. Drill core recovery is estimated to generally be between 90% and 100% and true intercept thickness estimates are unknown at this time. All HQ-sized drill core is logged, photographed and cut in half with a diamond saw. The second half of the core is stored in labeled core boxes in racks at Westminster’s secure warehouse facility in Obregon, Mexico. Half of the core is labeled, bagged and securely delivered by Acme Labs delivery carrier to Guadalajara, Mexico where their facility prepares by crushing and grinding the individual samples into pulps which are then couriered by Acme to their certified laboratory in Vancouver, British Columbia. Each sample batch has certified control reference standards, duplicate samples and blanks inserted by Westminster prior to delivery and preparation plus Acme Labs also inserts into each sample batch additional quality assurance and quality control samples prior to analysis. The certified standards, duplicates and blanks are monitored for quality by Acme Labs’ and Westminster’s data management personnel. The above process meets or exceeds National Instrument 43-101 technical requirements. Regional prospecting rock samples are prepared and analyzed-assayed using the above protocol. All soil samples are analyzed by Acme code 1F06.

 

ON BEHALF OF THE BOARD OF DIRECTORS

WESTMINSTER RESOURCES LTD.

 

Glen J. Indra”

                                                                                   

 

About Westminster:

 

Managed by an experienced exploration team the Company is focused on exploring and developing prospects on its 28,644 hectare El Cobre and 13,398 hectare Navojoa properties in Sonora, Mexico. The El Cobre property contains among other prospects, the 100% owned Guayacan prospect and the 8,000 hectare Cumbral-San Bartolo option project with Capstone Mining Corp. On the Navojoa property the Company is exploring gold-silver-copper targets.

 

For further information regarding Westminster Resources Ltd., please contact Leif Smither or Fulvio Scrigner at 604-608-0400, Toll Free: 1-877-608-0007 or visit our website at www.westminsterres.com

 

Or

 

Kin Communications Inc. At 604-684-6730, Toll free: 1-877-684-6730 Website: www.kincommunications.com

 

 

 

 

 

 

This news release may contain forward-looking information which is not comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release may include, but is not limited to, the Company’s objectives, goals or future plans. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, those risks set out in the Company’s public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release  are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.

Article source: http://www.otcmarkets.com/stock/WMRSF/news?id=52130

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