8/6/2019 West Minster Resources (WMR) - Corporate Fact Sheet
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contactINFO
shareSTRUCTURE
Symbol:
Issued & Outstanding:
Fully Diluted:
Market Cap:
TSX.V : WMR
53,515,533
84,814,777
$24,082,000
C$ 0.47
C$ 0.49/0.13
30%
3.1M
Recent Share Price:
Year High/Low:
Managmt & Insiders:
Working Capital:
EL COBRE PROJECT, Sonora, Mexico
Leif Smither, Corporate Development
Toll-Free: 1.877.608.0007
[email protected]
Bruce Ballantyne, Project Manager
Tel: 604.608.0400
[email protected]
The recently assembled new project
called the EL COBRE (24,156 hectares)
in Sonora state, Mexico will be the
Companys focus during the October-
December 2010 time frame.
On the EL COBRE property are, the
Los Amigos, El Guayacan, Los Alamos
and the famous Anita Copper Mine, all
examples of near surface vein-typeprospects having elevated
grades of
gold-copper and silver. They have had
intermittent production, in some cases
going back as far as 1750, when they
were exploited by the Spanish and
then by the Franciscan Monks. These
high-grade, gold-copper-silver veins,
breccias, diatremes and skarns are
associated with porphyry deposit-style
mineralized systems identied by the
Company.
The Companys initial EL COBRE
exploration focus will be at the previ-
ously undrilled ANITA COPPER MINE
originally exploited by the DOUGLAS
COPPER MINING CO. (NY) from 1900 until
operations ceased in 1910 due to the
Mexican revolution. Historical records
indicate that approximately $12,000,000
US was spent at the mine in the 1900s,
including the establishment of a smelter
at Fundicion, 27 kilometres away. Again,
historical records show that two separate
areas of mineralization were blocked outwithin the mine that
graded in one area,
42,000 tons at 5.815 gms/ton gold, 62.20
gms/ton silver and 4% copper, as well as a
second area, also with 42,000 tons, at
values of 8.0 gms/ton gold, 124.4
gms/ton silver and 6% copper (ING. Oleg
Saitcevsky, March, 1969). The Company
cautions that these are not NI 43-101
compliant and are not to be relied upon.
Company personnel have traced the
surface expression of the Anita Copper
Mine for 600 meters and at the Los
Amigos Mine located 3 km to the South
for 400 meters on surface. Similar epith-
ermal vein and breccia-diatreme styles of
mineralization at the two mines will be
tested by CSAMT surcal geophysical
surveying followed up by 3500 meters of
NQ sized diamond core drilling scheduled
for November, 2010.
explorationFOCUS:
High GradeTSX.V : WMR
The Company now has
two active exploration
projects in Sonora, the
EL COBRE (24,156
hectares) near Obregon
and NAVOJOA(18,100 hectares) to the
South. The mineral
concessions have been
acquired by staking,
option agreements and
through outright
purchases. Excellent
infrastructure includes
roads, hydro-power,water supply and
service centres.
