Last C$0.08 CAD
Change Today 0.00 / 0.00%
Volume 0.0
WMR On Other Exchanges
Symbol
Exchange
Venture
OTC US
Berlin
As of 11:01 AM 03/4/15 All times are local (Market data is delayed by at least 15 minutes).

westminster resources ltd (WMR) Snapshot

Open
C$0.07
Previous Close
C$0.08
Day High
C$0.08
Day Low
C$0.07
52 Week High
05/23/14 - C$0.65
52 Week Low
01/23/15 - C$0.04
Market Cap
906.2K
Average Volume 10 Days
2.6K
EPS TTM
C$-0.12
Shares Outstanding
11.3M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for WESTMINSTER RESOURCES LTD (WMR)

Related News

No related news articles were found.

westminster resources ltd (WMR) Related Businessweek News

No Related Businessweek News Found

westminster resources ltd (WMR) Details

Westminster Resources Ltd. acquires, explores, and develops mineral properties in Canada and Mexico. The company explores for gold, copper, and silver. It focuses on exploring and developing prospects on a land package covering approximately 53,613 hectares of contiguous mineral concessions in Sonora, Mexico. Westminster Resources Ltd. was incorporated in 2005 and is headquartered in Vancouver, Canada.

Founded in 2005

westminster resources ltd (WMR) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

westminster resources ltd (WMR) Key Developments

Westminster Resources Ltd. Provides Sierra Exploration Project Update

During the summer, 2014, Westminster Resources Ltd. conducted a follow-up program of exploration at the 100% owned Sierra Breccia target discovered in 2013. The breccia zone has been traced for a length of approximately 200 meters in a series of four equally spaced historic (1950's) mined-out pits and trenches. The steeply-dipping breccia zone has a vertical extent of 70 meters over the known strike length, and is hosted in a rhyolite sequence of Tertiary volcanic rocks. The Sierra target lies 700 meters above the Company's porphyry intrusion El Cobre exploration target. The Sierra hydrothermal breccia contains high grades of copper, silver and gold where seventeen grab samples averaged 4.8% Cu, 101 g/t Ag and 4.4 g/t Au as well as high sulphidation system geochemical signatures anomalous in the elements iron, barium, bismuth and mercury. Sierra Trench One is located at the lowest elevation of the four hand mined workings where due to the contour of the land the exposed high grade breccia material was peeled from the upslope footwall cliff face contact at all four trenches. The exposed footwall zone shows hematitic fractures and minor quartz stockwork development in argillic-hematitic altered rhyolite crystal-ash tuff adjacent to the mined out one to two meters wide breccia zone. The poorly exposed downslope hanging wall shows argillic and sericitic alteration of the crystal-ash tuff adjacent to the breccia zone. In Trench One the only exposure of remaining in situ breccia material assayed 147.9 g/t silver, 2.38 g/t gold and 1.4% copper and 15.5% iron across 0.4 meters. The only observed continuous exposure of footwall mineralization adjacent to the breccia was chip sampled in Trench One for an into the footwall (width) upslope distance of 7.9 meters from the high grade breccia contact. This continuous zone sampling averaged 61.8 g/t silver, 0.895 g/t gold and 0.17% copper over the 7.9 meters. Also in Trench One the only in situ exposure of the hanging wall available to chip sample was a 1.2 meter width of sericitic-argillic altered rhyolite assaying 29.5 g/t silver, 0.09 g/t gold and 0.8% copper. At the other 3 higher elevation trenches, cliff face footwall chip sampling of altered hematitic fractured rhyolite returned copper, gold and silver contents comparable to those sampled in intervals at Trench One over its 7.9 meter width. However at Trenches 2, 3 and 4,width extent sampling of footwall mineralization is limited due to the near vertical cliff face footwall contour. The highest grade grab sample of Sierra hydrothermal breccia was collected from the Trench Two area. Its contents of 6.0% copper, 87.2 g/t silver and 2.74 g/t gold compares well with results from the seventeen breccia grab samples as reported in 2013. The results from the recent outcrop sampling along the mapped exposure of the Sierra breccia target confirm the high grades found in previously collected breccia grab samples. In addition, the new 2014 sampling of in situ hanging wall and footwall altered volcanics adjacent to the mapped breccia zone demonstrated that Sierra system mineralization contains copper, silver and gold and extends for at least 9.5 meters in width at Trench One. A campaign of exploration along strike and to depth is warranted as the Sierra target hydrothermal breccias with diatreme characteristics and high-sulphidation system affinities make the potential at the Sierra system attractive.

Westminster Resources Ltd. Auditor Raises 'Going Concern' Doubt

Westminster Resources Ltd. filed its Annual on Sep 24, 2014 for the period ending May 31, 2014. In this report its auditor, Smythe Ratcliffe, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Westminster Resources Ltd. Announces Commencement of Exploration at Sierra Diatreme

Westminster Resources Ltd. reported 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. The initial 2014 Sierra program will include mapping, trenching and channel sampling of the young volcanic breccia complex. It is located approximately 700 meters above older basement rocks hosting porphyry system styles of mineralization further to the East. A drill campaign is planned as a second stage of exploration.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
WMR:CN C$0.08 CAD 0.00

WMR Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for WMR.
View Industry Companies
 

Industry Analysis

WMR

Industry Average

Valuation WMR Industry Range
Price/Earnings NM Not Meaningful
Price/Sales -- Not Meaningful
Price/Book 0.3x
Price/Cash Flow NM Not Meaningful
TEV/Sales -- Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact WESTMINSTER RESOURCES LTD, please visit www.westminsterres.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.