VANCOUVER, Jan. 30, 2013 /CNW/ – Westminster Resources Ltd. (“the Company”) has received from Mexican government environmental regulators a letter of permission to conduct its 2013 diamond drill exploration program at the Cumbral-San Bartolo project in Sonora, Mexico. The drill program is scheduled to commence in early February.
The Exploration Management Committee for Westminster Resources Ltd and Capstone Mining Corp has planned a 5,400 meter drill program. The initial drill target will be the recently discovered Montoso IP chargeability anomaly. This multiple square kilometre scale target exhibits porphyry deposit style alteration and mineralization patterns.
The extensive 2012 exploration program at the Cumbral-San Bartolo project included 3D-IP and ground magnetic geophysical surveying, soil and rock sampling, geological mapping and prospecting over a 219 line kilometer grid. Results included widespread discovery of copper-gold-silver mineralization in geological environments ranging from veins to porphyry-style targets. Pervasive iron-oxide and sericite-clay alteration zones have been located, often associated with the development of leached caps in the Montoso area.
Westminster and Capstone Mining Corp. are exploring the Cumbral-San Bartolo property whereby Capstone has the right under an Option Agreement to earn a 70% interest by funding a minimum of $9.3 million CDN in exploration by December 31, 2015 (WMR 12-02, April 17, 2012). Westminster will manage the project with exploration funding committed by Capstone as part of the earn-in agreement. The Cumbral-San Bartolo project is a portion of Westminster’s much larger El Cobre and Navojoa properties located in Sonora, Mexico.
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 28,632 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.
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