|April 20, 2016|
WestKam Receives Bulk Sample Permit for Bonaparte Project
|Vancouver, BC, April 20, 2016 - WestKam Gold Corp. (TSX-V: WKG) (the "Company" or "WestKam") is pleased to announce that it has received an underground Bulk Sample Permit from the BC Ministry of Energy and Mines. The Bulk Sample Permit allows for the extraction of 10,000 tonnes of ore from the company's Bonaparte Project located 50 kilometres northwest of Kamloops, British Columbia. The permitted design of the bulk sample program includes extension of the existing decline approximately 200 meters through to the Grey Jay/Crow vein systems.|
"We're very happy to take this major step at Bonaparte," said WestKam president and CEO Matt Wayrynen. "The bulk sample should provide valuable information about metallurgy and also the extent of the high-grade vein system of the Discovery Zone. Our intent is to add significantly to what we learned in the last two drill programs. With this recent Mines approval, the Company is permitted to carry out a wide range of exploration programs including geophysics, trenching, road construction, diamond drilling and now underground bulk sampling"
In 1994 an open cut bulk sample totaling 3,700 metric tons of mineralized quartz vein material was extracted from the Grey Jay/Crow vein systems. The mineralized quartz vein material was directly shipped to the Cominco smelter located in Trail B.C., yielding approximately 98kg (3,160 oz gold) of gold. The shipped ore graded 26.5gm Au/tonne.
Technical information in this news release has been reviewed the preparation of this news release has been supervised by R. Kemp, P. Geo., a qualified person as that term is defined in NI 43-101.
About WestKam Gold Corp.
WestKam 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
Matt Wayrynen, President
WestKam Gold Corp.
Suite 900, 570 Granville Street
Vancouver, BC V6C 3P1
John Ulmer, Investor Relations
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
All statements included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements. In particular, this news release contains forward-looking information regarding the Offering and the use of proceeds of the Offering. These forward-looking statements involve numerous assumptions made by the Company based on its experience, perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances. These assumptions include, but are not limited to: TSXV acceptance of the Offering; future costs and expenses being based on historical costs and expenses, adjusted for inflation; and market demand for, and market acceptance of, the Offering. In addition, these statements involve substantial known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will prove inaccurate, certain of which are beyond the Company's control. Readers should not place undue reliance on forward-looking statements. Except as required by law, the Company does not intend to revise or update these forward-looking statements after the date hereof or revise them to reflect the occurrence of future unanticipated events.
You can view the Next News Releases item: Wed Apr 27, 2016, WestKam Announces Private Placement to Existing Shareholders and Other Investors
You can view the Previous News Releases item: Wed Jan 27, 2016, WestKam Updates Close of First Tranche of Private Placement
You can return to the main News Releases page, or press the Back button on your browser.