|February 12, 2013|
BC Geologic Survey Paper Reinforces WestKam Exploration Strategy at Bonaparte
|WestKam Gold Corp. (TSX.V - WKG) ("WestKam" or the "Company") announced today that the BC Ministry of Energy, Mines and Natural Gas has released a BC Geological Survey Paper on WestKam's Bonaparte Property located near Kamloops in southern British Columbia. The report resulted from an investigation of Bonaparte by BC government geologists Jim Logan and Mitch Mihalynuk in 2012. A summary of their findings was released in January 2013. A link to the full report is posted on the "Recent News" section of WestKam's website (www.westkamgold.com).|
The report, titled "Bonaparte Gold: another 195 Ma porphyry Au-Cu deposit in southern British Columbia?" was highlighted by their statement, "We speculate that the Bonaparte deposit represents an upper level of a buried porphyry system."
"We are extremely encouraged by the positive data presented in this arm's length investigation," said WestKam President & CEO Matt Wayrynen. "We have long believed that the Bonaparte property holds significant potential for discovery of a large-scale, porphyry copper-gold system."
Following is a summary of Mr. Logan's and Mr. Mihalynuk's findings:
WestKam Gold's plans for 2013 include a comprehensive surface mapping and sampling program and systematic drill campaign designed to 1) establish a NI 43-101 compliant resource for the property, 2) evaluate potential extensions to the known veins, and 3) explore the property's potential to host a deeper bulk tonnage, porphyry copper-gold (± molybdenum) deposit.
About WestKam Gold Corp.
WestKam Gold Corp. is a Canadian gold exploration company focused on developing the Bonaparte Gold Project near Kamloops, British Columbia. Additional information can be found on the company's website at www.westkamgold.com
ON BEHALF OF THE BOARD OF DIRECTORS
WestKam Gold Corp.
Suite 900, 570 Granville Street
Vancouver, BC V6C 3P1
Contact: John Ulmer, Investor Relations
Forward looking statements: Neither 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 release contains statements that are forward looking statements and are subject to various risks and uncertainties concerning the specific factors disclosed under the heading "Risk Factors" and elsewhere in the Company's periodic filings with Canadian securities regulators. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The Company does not assume the obligation to update any forward looking statements.
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