LAC LA HACHE, BRITISH COLUMBIA - GWR Resources Inc. (the “Company” or “GWR”) (TSX Venture: GWQ) is pleased to announce commencement of the 2013 Exploration Program at the recently expanded Lac La Hache copper porphyry/skarn project. The Lac La Hache project contains several drilled prospects including a 43-101 compliant Resource at the Spout Magnetite-Copper (gold-silver) Skarn Deposit (see Report by SRK at http://www.gwrresources.com/s/TechnicalReports.asp) and a non-compliant geological estimate within the gold-rich Aurizon breccia-hosted porphyry copper-gold-silver zones. Please refer to supporting images in Presentation at www.gwrresources.com/s/Presentations.asp.
Planned 2013 Exploration Program
The 2013 Exploration Program is primarily designed to efficiently test several encouraging new gold, copper, molybdenum and multi-element, multiple-site soil geochemical targets within new and historical ground, to define additional mineralization and build upon the existing Resource at Lac La Hache (see Feb 5, 2013 News Release at www.gwrresources.com/s/NewsReleases.asp).
The 2013 Exploration Program has three phases:
- now underway - initial ground geophysical component (detailed ground magnetic and induced polarization surveys by Peter E. Walcott and Associates Limited) over the new “Scorpio” Mo-W-Ag Ah-horizon anomaly);
- summer - prospecting, geological mapping, test pitting, bedrock and soil sampling, geochemical analyses, compilation of all results and definition of prioritized drill targets;
- late summer/fall - drilling to test best targets within new and historical prospects.
The Program includes an initial study to determine viability of near-term extraction of near-surface, high-grade magnetite-copper ores within the Spout Deposit, as a means to fund ongoing exploration.
GWR will discuss latest results, encouraging new targets and exploration plans in a formal technical presentation and at our corporate booth, at the annual Kamloops Exploration Group (KEG) Geological Conference in Kamloops, April 9-10, 2013. We look forward to meeting delegates at this venue. At copy of the booth Poster presentation can be downloaded for viewing at www.gwrresources.com/s/presentations.asp.
GWR is an active mineral exploration company currently exploring for gold and base metals in British Columbia’s prolific Quesnel Trough. The Lac La Hache copper-gold porphyry/skarn magnetite-copper project hosts multiple zones containing commercial grades of gold, copper, silver and magnetite. The project is located between producing mines at Imperial Metals’ Mt. Polley Copper-Gold Mine and New Gold Inc.’s New Afton Copper-Gold project (Teck-Cominco’s legendary Afton mine), adjacent to Woodjam Consolidated Copper - Gold Fields’ Woodjam Project, and is well-served by rail, road and power infrastructure.
This news release may contain “forward-looking statements”. Readers are cautioned that any such statements are not guarantees of future performance and that actual development or results may vary materially from those in these “forward looking statements”.
For further information, please contact:
John van Driesum, President/CEO
Telephone Number: 778-440-4472
Rob Shives, VP Exploration
Telephone Number: office 250-396-4978 / cell 613-882-1755
GWR maintains a quality assurance/quality control program that conforms to the requirements of National Instrument 43-101. Rob Shives, P. Geo., is the Qualified Person (as defined by NI43-101) who accepts responsibility for the technical content of this news release.
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.