Western Metallica Resources announces that Mr. Peter Imhof has resigned from the Board of Directors. The Company would like to thank Peter for his contributions. About Western Metallica Resources Corp. Western Metallica is an Ontario registered company with its head office in Toronto, Ontario, trading on the TSXV under symbol WMS. Western Metallica is in the business of mineral resource exploration. Its project interests [...]
Western Metallica announces the results of its Annual General and Special Meeting of Shareholders held on June 9th, 2025. Over 30% of the Company's shares were represented at the Meeting. Detailed results of the vote for the election of Directors held virtually at the Meeting on June 9th, 2025, are set out below: Board of Director Nominees % Votes For % Votes Withheld Gregory Duras 99.25 0.25 Peter Imhof 99.25 0.25 [...]
Western Metallica announces that it has amended its previously announced bridge financing for an increased amount of up to CDN$300,000 from Gregory Duras, Chief Executive Officer and Director of the Company. To date, the Company has drawn down CDN$230,000. All other terms of the Amended Bridge Loan are unchanged. The Amended Bridge Loan constitutes a "related party transaction" ?under Multilateral Instrument 61-101 [...]
Western Metallica is pleased to report results from its inaugural scout drilling program at the Luz Maria copper-molybdenum target. Full results from the three initial drill holes have been received, confirming homogeneous copper and molybdenum grades throughout. The increase in sulfide content, and the change from disseminated pyrrhotite dominated mineralization in drill holes LM24DD001 and LM24DD002, to a stockwork of [...]
Western Metallica Resources announces it has secured bridge financing in the amount of CDN$100,000 from Gregory Duras, CEO and Director of the Company, in order to continue to advance its exploration activities at the Luz Maria copper-molybdenum target. The Bridge Loan bears interest at 10% per annum. The Bridge Loan shall become due in cash on the earlier of June 30, 2025; or the date upon which the Company secures [...]
Western Metallica Resources Corp. is pleased to report initial results from its ongoing drill program at the Luz Maria copper-molybdenum target, located within the Company's 100%-owned Caña Brava Project, Northern Peru. The initial two completed drill holes hit at least two diorite intrusions and a polymictic hydrothermal breccia, displaying consistent strong potassic alteration, multiple vein systems and sulfide [...]
Western Metallica Resources Corp. is pleased to announce that drill crews working at the Luz Maria copper-molybdenum drill program have completed the first hole ever drilled at its 100% owned Caña Brava project. Drill hole LM24DD001 was completed by contractor Energold to a depth of 396.1 metres, and drilling of the second hole is currently underway. Logging of drill holes LM24DD001 and LM24DD002 confirms the presence of [...]
Western Metallica Resources Corp. is pleased to announce that drilling has commenced at the Luz Maria copper porphyry prospect having now progressed with 200 metres of the 350 metres planned for the 1st of a total of 6 drill holes outlined for the current program for an anticipated 2,100 metres of drilling. The intention is to test combined high magnetic and chargeability anomalies as well as Cu and Mo geochemical [...]
Western Metallica Resources Corp. is pleased to announce that it has closed its previously announced non-brokered private placement financing of units of the Company , pursuant to which the Company issued 10,833,345 units of the Company at a price of $0.03 per Unit for gross proceeds of $325,000 . Each Unit consists of one common share of the Company and one common share purchase warrant . Each Warrant shall entitle the [...]
Western Metallica Resources Corp. is pleased to announce that it will undertake a non-brokered private placement of 33,333,333 units of the Company at a price of $0.03 per Unit for aggregate gross proceeds of up to C$1 million . The net proceeds of this Offering are intended to support the Company's upcoming drill program at its Luz Maria porphyry prospect and other exploration work at its Caña Brava 1 porphyry prospect [...]
Western Metallica Resources Corp. is pleased to announce that it is finalizing logistics and accesses to support its drill program at its Luz Maria prospect commencing the last week of October 2024, located within its 100%-owned Caña Brava Copper Project in Northern Peru. In parallel, the Company is advancing drill targeting at the Project's other porphyry prospect, Caña Brava 1. Moreover, the Company is pleased to [...]
Western Metallica Resources Corp. is pleased to announce the launch of a first drill program at its Luz Maria copper porphyry prospect, with commencement of operations to occur in October. The Luz Maria prospect is located within its 100%-owned Caña Brava Copper Project in the La Libertad Department of Northern Peru, a well-situated project less than 12 kilometres east from Hudbay's Llaguen Cu-Mo deposit, a large emerging [...]