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Gold/Mining/Energy : Western Pacific Gold WPI

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To: Bruce Toy who wrote (22)12/1/1998 10:28:00 PM
From: Nikole Wollerstein  Read Replies (1) of 32
 
EDMONTON, ALBERTA--Western Pacific Gold Inc. (WPI) has received the results of follow up trenching at
Mbetilonga porphyry copper-gold prospect in Guadalcanal, Solomon Islands. The additional trenching was designed to
continue an earlier trench in chalco cite bearing stockwork at the Hambusimaloso prospect which returned 50m @ 2.6
percent copper remaining open at each end. Continuation of the trenches to the southeast and west has revealed a
second high-grade chalcocite zone of 10m @ 3.91 percent copper.
The entire 155m trench grades an average 1.31 percent copper, terminating in 0.25 percent copper and 0.15 percent
copper at either end. (Maps may be viewed on CCN's website at cdn-news.com)

A preliminary interpretation suggests that the chalcocite (copper oxide) enrichment layer lies locally at about 570m
above sea level and is overlain by leached capping material of white clay and bands of iron oxide predominantly
limonite. The chalcocite
layer also appears to be underlain by leached clays and there is evidence of local fault displacement of high grade
material. A possible explanation is that small fault blocks have undergone varying degrees of movement which has
unroofed and exposed pa

rts of the chalcocite enrichment layer.

The company also received results from pits sampling altered and mineralised agglomerate zones in Vurakio Creek,
500m to the east. The results, up to 2.60 percent copper, confirmed the lateral extent of the Hambusimaloso prospect.

A more extensive trenching programme is required to determine the geometry of the >1 percent copper bearing zones.
As chalcocite blankets are frequently displaced laterally from primary porphyry mineralisation, detailed trench mapping
will be carried ou t to delineate drill targets. WPI continues to target a 2km2 zone for porphyry copper mineralisation
and supergene secondary copper enrichment blankets.

The samples were collected by Mr. Jason Ward, Project Geologist for WPI, and assayed at Analabs in Townsville,
Queensland Australia. The trenches and pits were cut by hand and local labor to a depth of 1 metre. The samples were
taken as continuous repres entative five metre channel samples. This announcement has been prepared by the President
of WPI, Mr. Nicholas Mather (BSc Hons Geology, University of Queensland), a member of the Australian Institute of
Mining and Metallurgy with 18 years experience in the exploration industry and in exploration company management,
and is released with the approval of the Board.

On behalf of the Board of Directors,

(signed) ''Nicholas Mather''
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