WMR-TSX.VWMRSF-OTCQX VANCOUVER, June 9, 2014 /CNW/ - Westminster Resources Ltd. (the "Company") (TSX-V:WMR) announces that the non-brokered private placement of 6,350,000 units at $0.05 per unit to raise gross proceeds of $317,500 has closed. Each unit will be comprised of one common share and one-half common share purchase warrant. Each full common share purchase warrant will entitle the holder to purchase one common [...]
Westminster Resources announces a non-brokered private placement of 6,350,000 units at $0.05 per unit to raise gross proceeds of $317,500. Each unit will be comprised of one common share and one-half common share purchase warrant. Each full common share purchase warrant will entitle the holder to purchase one common share at $0.10 per share with an expiry date of two years from the closing of the private placement. A [...]
WMR-TSX.V WMRSF-OTCQX VANCOUVER, April 9, 2014 /CNW/ - The Company reports that it has mobilized a field crew to commence detailed and systematic outcrop sampling of its 100% owned, newly-discovered Sierra Diatreme Breccia target in Sonora, Mexico. Discovery results from seventeen grab samples of mineralized hydrothermal diatreme breccia gave assayed grades averaging 4.8% copper, 101 g/t silver and 4.4 g/t gold. (See [...]
WMR-TSX.V WMRSF-OTCQX VANCOUVER, March 17, 2014 /CNW/ - Westminster Resources Ltd. (WMR-TSX.V) advises that the 2014 exploration program on the Cumbral-San Bartolo Project, Sonora, Mexico has commenced. The first drill hole was collared on March 13, 2014 and core drilling is proceeding. In accordance with the terms of the existing Option Agreement pertaining to the Cumbral-San Bartolo property, Capstone Mining Corp[...]
WMR-TSX.V WMRSF-OTCQX VANCOUVER, March 7, 2014 /CNW/ - Further to the Company's news release of February 11, 2014, the Company announces that it has closed its securities exchange with Global Resources Investment Trust plc ("GRIT"). The Company issued 20,000,000 common shares at $0.06 per share to GRIT, in exchange for 659,880 ordinary shares of GRIT (the "GRIT Shares"), at the deemed price of £1.00 per GRIT Share [...]
WMR-TSX.V WMRSF-OTCQX VANCOUVER, Feb. 12, 2014 /CNW/ - Further to the Company's news releases of November 7, 2013 and January 22, 2014, the Company advises that it has agreed to final terms regarding its private placement with Global Resources Investments Ltd ("GRIL"). The Company will be seeking to raise $1,200,000 through the sale of 20,000,000 common shares at $0.06 per share. GRIL has been established to exploit [...]
WMR-TSX.V WMRSF-OTCQX VANCOUVER, Jan. 22, 2014 /CNW/ - Further to the Company's news release of November 7, 2013, the Company advises that it has agreed to amended terms regarding its private placement with Global Resources Investments Ltd ("GRIL"). The Company will be seeking to raise $1,000,000 through the sale of 20,000,000 common shares at $0.05 per share. GRIL has been established to exploit investment [...]
WMR-TSX.V WMRSF-OTCQX VANCOUVER, Dec. 12, 2013 /CNW/ - Westminster Resources Ltd. (WMR-TSX.V) is pleased to report that it has been advised by Capstone Mining Corp. that they will be continuing exploration, as operator, on the Cumbral-San Bartolo project, during 2014, in accordance with the terms of the existing option agreement. Permitting and planning for exploration, which will focus on diamond drilling, is in [...]
Westminster Resources Ltd announces it has settled on terms to undertake a private placement with Global Resources Investments. Westminster is seeking to raise $1,000,000 through the sale of 20,000,000 common shares at $0.05 per share. GRIL has been established to exploit investment opportunities in the junior mining and natural resources sectors worldwide, with an investment objective to generate medium and long-term [...]
The Company reports that its field crews have made a discovery on its 100% owned El Cobre property Sonora, Mexico. The new Sierra Target consists of hydrothermal breccias, with diatreme characteristics and occurs in Miocene volcanic units at an elevation of some 700 meters above, and further to the West of Westminster's Montoso porphyry system currently being explored under option by Capstone Mining Corp. Seventeen hand [...]
Westminster Resources has compiled results from five core holes drilled on the Montoso Target of the Company's Cumbral-San Bartolo project in Sonora, Mexico. This portion of Westminster's concessions is being explored through an earn-in Option Agreement with Capstone Mining Corp. ("Capstone") who have 49% interest in the project having funded $3.3 million to date on exploration. A further contiguous 9,615 hectares of new [...]
Westminster 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 [...]