Westminster Announces New Silver Target Expanded at Guayacan Project
VANCOUVER, BC / ACCESSWIRE / August 22, 2016 / Westminster Resources (TSXV: WMR):
Highlights:
- Additional prospect sampling across the 3.5 km wide circular Main Guayacan mineralized trend has been completed with concentrated prospecting near the reported 1090 g/t silver epithermal vein sample located in the Middle Guayacan target zone.
- Additional sampling along the Far East Guayacan airborne magnetic low anomaly corridor about 2.5 kilometers east of the large Main Guayacan target area confirmed an altered satellite intrusive body where previous prospect grab samples assayed up to 6.0 g/t gold and 26 g/t silver.
- Additional mapping of the Far North Guayacan linear magnetic low airborne anomaly corridor confirmed that altered intrusive bodies are related to the low magnetic response. Altered rocks from the corridor contain the same precious metal pathfinder suite of elements ( As, Bi, V, Sb, Cu, Pb,) (and include up to 229 ppm Te) as are often found associated with mineralization in the Main Guayacan system 3.5 kilometers to the south. The strongly altered samples contained up to 0.7% copper with silver ranging from 1.3 g/t to 3.6g/t and gold contents from 225 ppb to 620 ppb respectively.
- Activation Labs recent Soil Gas Hydrocarbon survey evaluation of the high priority 1400 meter long by 800 meter wide Main Guayacan system SGH soil geochemical copper -gold and silver patterns suggests depths from surface to mineralization of 50 meters to 80 meters in places . Highly anomalous SGH point location targets are covered by overburden.
Westminster Resources ("the Company") has recently completed prospecting and sampling of epithermal precious metal zones in the Guayacan region of the Company's 17,854 hectare 100% owned Sonora Mexico property. This road accessible, flat -lying area is partially covered with young volcanic rocks and sand-gravel overburden deposits. The Company's airborne magnetic-VTEM geophysical survey has guided exploration of partially covered target zones which are associated with major North - South structural linears and circular intrusive centers. Both have widespread alteration-silicification signatures related to Landsat imagery anomalies and magnetic lows.
The recent fieldwork and updated modeling of Soil Gas Hydrocarbon (SGH) geochemical survey soil results has increased the Company's confidence in the prospectivity of the Main Guayacan project area and defined two newly identified similar satellite intrusive centers, now known as the Far East Guayacan and Far North Guayacan targets.
Between the North and Middle Guayacan targets, at the Main Guayacan mineralized system, an overburden covered 800 meter wide by 1400 meter long area containing strongly anomalous gold and copper response patterns have been identified in a Soil Gas Hydrocarbon (SGH) geochemical survey (Activation Laboratories LTD, Special Report A11-4292, May12, 2016). Along the southern border the Middle Guayacan target is characterized by scattered, subcropping epithermal vein material and float. One composite grab sample of silicified rock and epithermal vein material from this area reported bonanza silver contents with a grade of 1090 g/t silver and 0.45 g/t gold.
The Company's recent sampling of a 500x500 meter area directly west of the Middle Guayacan bonanza epithermal silver zone was hampered by cover but some float and subcrop grab samples were selected. Eight samples returned between 124 g/t and 445 g/t Ag with an additional five samples ranging from 68 g/t to 82 g/t Ag. Gold contents were as high as 1.08 g/t Au and seven samples ranged from 113 ppb to 578 ppb gold. One lead-rich sample assayed 1.14% Pb.
The recent expanded grab sampling program confirmed that Middle Guayacan is a large area with an epithermal precious metal mineralization signature of highly anomalous copper, vanadium, bismuth, antimony, arsenic, mercury, and tellurium. This new area has now been identified as geochemically similar to the epithermal geochemical signature found in the adjacent Middle Guayacan epithermal bonanza silver zone.
Approximately 2.5 kilometers east of the center of the Main Guayacan target, a well- developed corridor of north-south anomalous magnetic-low linear features is underlain by alteration, young volcanics and a satellite intrusive complex named the Far East Guayacan target. At this prospect previous samples of hematite-limonite weathered intrusive rock material graded as high as 6.05 g/t gold and 26.0 g/t silver with 2.5 % lead, 0.16% copper , 0.12 % zinc and 436ppm vanadium plus the diagnostic epithermal element signature of anomalous bismuth, arsenic, antimony, mercury and tellurium. Recent Far East Guayacan exploration confirmed the presence of altered intrusions containing epidote and quartz -hematite float and breccia making this new satellite intrusive target worthy of further follow up exploration.
Westminster's recent exploration of the new surface exposures of precious metals across the highly prospective Guayacan region has been successful in expanding and specifically defining priority exploration targets. Our exploration work will continue to define these excellent drill ready targets
G. Macdonald, P.Geo., Director
The scientific and technical data contained in this news release pertaining to the GUAYACAN PROJECT was reviewed by Glen Macdonald, P.Geo, a non-independent qualified person to Westminster Resources Ltd. and a Director, who is responsible for ensuring that the geologic information provided in this news release and on Westminster Resources web site is accurate and who acts as a "qualified person" under National Instrument 43-101 Standards of Disclosure for Mineral Projects.
Westminster Resources Ltd. rock sample material is delivered by its qualified geologic staff to Bureau Veritas Minerals Laboratory, Hermosillo, Sonora, Mexico where their mineral division crushed and pulverized kilograms of each sample. Gold fire assays FA 530 on 30 gram pulps -gravimetric finish for gold and silver were analysed in BV Hermosillo laboratory. The sample rejects remained with BV in Hermosillo Mexico while the extra 150 gram pulps were transported to BV ISO 9001-2008 certified laboratory in Vancouver, BC, Canada for multi-element AR-ICP-MS analysis on 30 grams samples (AQ 250 ) with all overlimit base metals having a MA 370 determination method of analyses. A QA/QC program of standard and blank samples is part of the BV results. The analytical results for the Hermosillo FA lab and the Vancouver Lab have been compared as part of the exploration programs ongoing monitoring of results.
About Westminster:
Managed by an experienced team, Westminster is focused on exploring and developing prospects on a land package of approximately 17,854 hectares of contiguous mineral concessions in Sonora, Mexico. The Company's focus has been to assemble and explore unique and newly-discovered targets including (a) the Guayacan partially unroofed epithermal and copper-gold porphyry system, and (b) the Sierra hydrothermal diatreme breccia tertiary rhyolite hosted structure. Systematic exploration of the Company's new mineral district is ongoing in this region of Sonora with well-developed infrastructure, favorable permitting, and a strong mining history and community support.
For further information regarding Westminster Resources Ltd., please contact:
Bill Conlin at 604-608-0400
Toll Free: 1-877-608-0007
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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.
SOURCE: Westminster Resources Ltd.