Western Metallica Resources Corp. (“WMS”, or the “Company”) is a mineral exploration company headquartered in Toronto, Ontario, with five mineral assets across Peru and Spain, listed on the Toronto Venture Exchange under ticker symbol WMS.

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WMS is developing a sizeable copper resource through an impressive package of assets, including a highly prospective exploration asset in La Libertad, Peru, and one past producing copper project located in Andalusia, Spain. WMS properties are strategically located in mining-friendly jurisdictions, along geologically rich metallogenic belts known for gold and polymetallic mineralization. 

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WMS has acquired the mineral claims, rights and interests in a copper-molybdenum porphyry project located in La Libertad, Peru; Caña Brava. This copper-based project lies on the Upper Cretaceous and Miocene (northern Peru-Ecuador) Cu-Mo porphyry belt, located near the coast with good accessibility surrounding current claims allowing for future project scalability. ​

 

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 anomalies obtained from the regolith sampling programs. Previous rock sampling at Luz Maria confirmed consistent anomalous grades up to 0.07% Cu and 0.06% Mo from multi-phase intrusions, with Cu regolith anomalies open to West.

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The Caña Brava Project has yet to be systematically explored, with a potential 10 kilometres worth of structural corridors enhanced by WNW-ESE-trending fold axes and faults, positioned in the northern sector of the Eocene-Oligocene Belt, similar to the Element 29 Resources Elida porphyry system.

 

Caña Brava, located in the La Libertad Province, is a highly prospective copper-molybdenum project comprised of 4 exploration concessions across 2,600 hectares, plus 5 newly staked extensions of exploration concessions for 3,100 hectares. This project has evidence for historic copper-gold workings, from a cluster of at least 2 partially eroded porphyry centres (Luz Maria, Caña Brava 1), with a geological target in the order of a potential 500-1,000 Mt of above average grade mineralized rock.

 

Well located near Hudbay’s Llaguen Cu-Mo project, Caña Brava’s Luz Maria prospect has an alteration footprint comparable to other major projects of the Andes. Caña Brava is situated in the under-explored territory of a Cu-Mo metallogenic belt that hosts, to the South, world-class deposits such as MMG’s Las Bambas Mine, Hudbay Minerals Constancia Project and Glencore’s Antapacay Mine. WMS has launched a first drill program at its Luz Maria porphyry prospect, a total of 6 priority holes planned which target modelled magnetic bodies that are coincident with strong chargeability (>30mV/V) Induced Polarization Pole-Dipole as well as Cu and Mo geochemical anomalies. 

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WMS also holds 100% ownership of two gold projects in Asturias; Penedela and Valledor, and one copper project located in Andalusia; Nueva Celti. The Company has an additional gold property; Sierra Alta under option to earn 55%, located in Asturias.

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WMS is comprised of a management team with in-country experience and international mining and geological experience.