Westminster Resources Ltd. (“the Company”) announces that diamond drilling of the 3D-IP Montoso
chargeability anomaly, Sonora, Mexico, is in progress. The multiple square kilometer porphyry deposit style of chargeability patterns at Montoso are associated with copper-gold-silver soil anomalies related to well developed iron-oxide (hematite, goethite) and sericite-clay alteration zones and leached cappings.
The first drill hole, dipping at 60º is intercepting chargeability 3D-IP inversion model “shells” ranging from over
40 ms to 10 ms. The first 400 meters of core has been sampled every 2 meters and 200 samples have been shipped to the laboratory for preparation and analysis. Core logging has identified multiple intrusive phases and alteration ranging from propylitic to potassic and sericitic. This alteration is accompanied by carbonate and quartz veinlets and silicification interpreted to be typical of a porphyry system model. This first hole is scheduled to be completed in the first week of March to a core length of 1,200 to 1,400 meters. The Company is pleased that the Montoso porphyry system as modeled appears to track chargeability IP shells to depth.
Glen Indra, President, stated: “Our aggressive exploration of the Cumbral-San Bartolo property in 2012 identified the Montoso target area. The 2013 drill program of 5,400 meters will continue to confirm that the Montoso discovery is a large new porphyry system.”
Westminster has also staked new mineral concessions totaling approximately 9,615 hectares in Sonora, Mexico. The new properties are adjacent to the El Cobre-Navojoa projects’ mineral concessions and now the Company controls a contiguous mineral district scale property of approximately 59,738 hectares.
A portion of the new mineral concessions are subject to an Area of Influence agreement for the Cumbral-San
Bartolo project under an Option Agreement with Capstone Mining Corp. (WMR 12-02, April 17, 2012).
All technical content in the foregoing disclosure has been verified and approved by Glen C. Macdonald, P.Geo., (a qualified person for the purpose of National Instrument 43-101, Standards of Disclosure for Mineral Projects). Mr. Macdonald is a director of Westminster Resources Ltd., and he has recently visited the drill program.
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 a land package of approximately 59,738 hectares of contiguous mineral concessions. These concessions constitute a mineral district scale property. Approximately 10,109 hectares comprise the Cumbral-San Bartolo option project with Capstone Mining Corp.
For further information regarding Westminster Resources Ltd., please contact Leif Smither or Fulvio Scrigner at 604-608-
0400, Toll Free: 1-877-608-0007 or visit our website at www.westminsterres.com Or Kin Communications Inc. At 604-684-
6730, Toll free: 1-877-684-6730 Website: www.kincommunications.com
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. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
