Westminster Resources Ltd.: Guayacan Far North New Discovery Zone
(firmenpresse) - GUAYACAN FAR NORTH NEW DISCOVERY ZONE
Westminster Resources Ltd. ("the Company") is continuing to evaluate the exploratory potential at the Guayacan target. The main Guayacan target is a large circular (3.5 km diameter) airborne magnetic geophysical anomaly associated with a major N-S striking anomalous linear feature. These anomalies are characterized by a low magnetic signature associated with intense alteration and multiple-stage silicification of the host granitic rocks. Precious metal mineralization occurs in a variety of host enviroments, as previously reported.
Recent follow-up reconnaissance mapping and prospecting has identified additional leached sulphide bearing quartz veins and stock works north of previously located mineralization. At one site 3.5 km north on the "Far North" Guayacan linear low magnetic trend a purple hematitic stained, silica-sericite altered intrusive rock prospect sample assayed 4.8% iron, 0.1% copper, 0.1% lead, 3.66 g/t silver and 620 ppb gold. The sample also has distinct precious metal geochemical pathfinder element anomalous suite: arsenic, bismuth, antimony, vanadium and tellurium which was previously found in some zones in the main Guayacan target. About 2.7 km north from the center of the same low mag linear far North Guyacan corridor, a limonitic prospect sample reported 15.8% iron, 0.7% copper, 1.35 g/t silver and 223 ppb gold. It contains the same anomalous precious metal pathfinder suite of elements and its content of 229 ppm (2.29 g/t) tellurium is the highest yet recorded in the Guayacan district. Anomalous content of tellurium is also a significant geochemical pathfinder in the widespread mineralized zones identified within the main Guyacan target area in the south portion of the district. Copper-gold systems that contain tellurium are considered highly prospective for precious metals worldwide.
Detailed sampling and mapping of the Far North Guayacan linear corridor, mag low, trend will continue as part of Westminster's 2016 Guyacan district exploration program. The initial focus is to further evaluate the extent of new surface exposures of high grade mineralization across the Guayacan district.
This news release has been reviewed and approved by Glen Macdonald, P.Geo (a qualified person for the purpose of National Instrument 43-101, Standards of Disclosure for Mineral Projects).
ON BEHALF OF THE BOARD OF DIRECTORS
WESTMINSTER RESOURCES LTD.
"Glen Macdonald"
Director
__________________________________________________
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.
WESTMINSTER RESOURCES LTD.
PRESS RELEASE-
Suite 488-625 Howe Street-
Vancouver, BC V6C 2T6
Tel: (604) 608-0400
Fax: (604) 602-9330
Toll Free: (877) 608-0007
Website: http://www.westminsterres.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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.
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Datum: 03.05.2016 - 08:33 Uhr
Sprache: Deutsch
News-ID 468072
Anzahl Zeichen: 5287
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