Western Pacific to acquire two high-grade gold exploration assets, Coriorcco and Las Antas, in southern Peru
The 56-hectare Coriorcco Dome structure is a high priority exploration target with 17 mineralized epithermal veins. Historic targeted underground mining at Coriorcco from 2 of 17 known outcropping veins produced over 5,720 tonnes of material, averaging 7.45 g/t Au.
The Company appoints mining entrepreneur Paul Matysek as Lead Advisor
Mr. Matysek is a consistent creator of shareholder value and has sold five publicly listed exploration and development companies, in aggregate worth over $2 billion.
- Western Pacific arranges private placement of 15,243,902 common shares at $0.41 per Share for gross proceeds of $6,250,000
- The Company announces name to Oro X Mining Corp. on the closing of the Coriorcco transaction
Over $3.2B of shareholder value created over the last 13 years by members of our team
*Gold X market cap as of August 1, 2020