Western Pacific Resources Corp. has staked additional claims at its owned Mineral Gulch project in Idaho.
Company officials said they have reviewed historical data for the property, formerly known as the Black Pine Mine, and have filed 159 claims, bringing the total land package to 345 claims.
Mineral Gulch is located in Cassia County, along the southeast edge of the Black Pine Mountains. Pegasus Mining acquired the property from Noranda Inc. and produced about 520,000 ounces of gold from several small open pits in the late 1980s through the mid-1990s. Historic exploration and mining efforts at the project have generally focused on near-surface, oxidized ore bodies.
Review of the Black Pine Mine dataset has revealed extensive soil geochemistry covering the pre-mine surface.
“Gold-in-soils was the most effective exploration tool during the phase one programs,” Curt Everson, exploration manager, said in a release. “The original soil programs delineated 15 strong, localized anomalies of which six were mined.”
The other 9 anomalies are currently under evaluation now that the snow-pack is starting to melt. These gold assays are very strong for soil samples, with the highest being 3.64 grams/ton.
These are some of the highest values we have seen associated with Carlin-style systems. The discovery of 3 open anomalies prompted us to stake an additional 159 claims, bringing our total holdings to 345 claims.
“The data we received from Newmont has us excited about near-mine and regional exploration,” director Eric Saderholm said. “We are in the process of locking up 9,280 acres of trust land surrounding the project and we recently filed a notice-of-intent for surface exploration with the Forest Service. Things are proceeding smoothly.”
Western Pacific is continuing a detailed review of the historical data and expects to announce its plans for advancing the Mineral Gulch project during the second quarter of 2010.