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Last C$0.05 CAD
Change Today -0.005 / -9.09%
Volume 205.0K
As of 1:23 PM 03/30/15 All times are local (Market data is delayed by at least 15 minutes).

wpc resources inc (WPQ) Snapshot

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08/15/14 - C$0.08
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03/31/14 - C$0.03
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wpc resources inc (WPQ) Details

WPC Resources Inc., an exploration stage company, engages in the acquisition, exploration, and development of resource property interests in Canada. It primarily explores for gold and copper. The company holds interests in the Quest Lake property consisting of 16 contiguous mineral claims totaling 2424.6 hectares located 85 km east of Yellowknife in the Northwest Territories, Canada. It also has an option to acquire a 100% undivided interest in 96 mineral claims covering an area of 778 hectares, known as the ZPG claims located in Ladner County; and a 100% undivided interest in the Toiyabe Pediment property comprising 119 mineral claims each covering an area of 1,007.4 hectares located in east-central Lander County in Nevada. The company was formerly known as Northern Shield Metals Ltd and changed its name to WPC Resources Inc. in January 2008. WPC Resources Inc. was incorporated in 2007 and is based in Vancouver, Canada.

Founded in 2007

wpc resources inc (WPQ) Top Compensated Officers

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wpc resources inc (WPQ) Key Developments

WPC Resources Inc. Proposes Changes to Articles of Incorporation

WPC Resources Inc. announced that its Annual General and Special Meeting of Shareholders will be held on May 15, 2015, to approve to change the company's Articles of Incorporation to increase the company's authorized common and preferred share capital.

WPC Resources Inc. Announces Executive Changes

WPC Resources Inc. announced the appointment of Mr. Wayne Moorhouse as the Company’s new Chief Financial Officer (CFO) effective December 15, 2014. Mr. Moorhouse will replace Ms. Michele Pillon who has served as the Company’s Chief Financial Officer since inception. Mr. Moorhouse is currently CFO of Midnight Sun Mining Corp. and previously served as CFO for Roxgold Inc. and was CFO and VP Finance and Corporate Secretary of Genco Resources Ltd. He also served as President of Genco’s Mexican subsidiary La Guitarra Compania Minera. Mr. Moorhouse has held a number of senior positions with other Public resource companies and brings considerable experience in helping public Companies add value through resource expansion and M&A activities.

WPC Resources Inc. Reports the Results of the Surface Sampling Program on the Ulu Gold Property in Nunavut, Canada

WPC Resources Inc. has reported the results of the surface sampling program on the Ulu Gold Property in Nunavut, Canada. The results of geochemical analyses are reported from the Flood Zone and nine other known gold zones on the Ulu Mining Lease. The data complete reporting for the summer 2014 geochemical assay sampling undertaken at the contiguous Ulu and Hood River Projects. Each sample was analysed for 37 elements including gold (Au), silver (Ag), copper (Cu), zinc (Zn) and lead (Pb). Highlights of the field observations and descriptions with geochemical results by showing as received to date are: The Flood Zone is one of 16 known gold showings within the Ulu Mining Lease and is the most advanced occurrence within the Ulu Property. It is located in the southeast part of the Ulu Lease and is associated with a cluster of several other gold showings. The Flood Zone mineralization has a surface strike length of 435m and the plane of mineralization dips steeply 7080 degrees to the southwest. Mineralization reportedly plunges westerly in the order of 55 degrees and has been intersected by diamond drilling from surface and drill stations in the underground decline to depths below 600m. Gold mineralization occurs within biotite and pyrrhotiterich zones hosted in auriferous quartz and calcsilicate veins. Sulphide minerals are predominantly arsenopyrite with lesser pyrrhotite. The 2014 surface sampling campaign returned several intervals of significant gold mineralization and confirmed the presence of highgrade gold content at surface. The next stage of work for the Flood Zone is an updated model of mineralization to develop a better understanding of the nature of the gold zone and structures hosting it so as to define priority drill targets to confirm and potentially expand the historic resource. In addition, the new model will include associated gold zones within the mining permit and could have a significant impact on the future work programs. The Ulu permit area is host to several prospective gold zones, some of which appear to exhibit highgrade characteristics similar to the Flood Zone. Through the course of the 2014 field work program, zones that were examined and sampled included the Alone, Batchelor, Battleship, Dagg, East Limb, Gnu, South Zone and West Limb Prospects. Like the Flood Zone, the gold mineralization appears to be associated with high sulphide mineralization and arsenopyrite enrichment. Owing to the rubbly nature of most of the outcrop, channel samples were limited to a few exposures.


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