Western Metallica Resources Corp. (“WMS”, or the “Company”) is a mineral exploration company headquartered in Toronto, Ontario, with an exploration office in Asturias, listed on the Toronto Venture Exchange under WMS.

 

WMS has 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. There are no royalties other than a 2% NSR (with buyback terms) on 500-hectares of Penedela ground. 

 

WMS properties are strategically located in Spain, which is one of the most mining friendly jurisdictions in Western Europe.

 

WMS initiated a 2 Phase; 3,000-metre diamond drilling program at Nueva Celti, the Company’s priority copper project. WMS has also launched a first stage 1,000-metre, 5-hole, diamond drilling program at Sierra Alta.

 

WMS finalized an exploration program at its 100% owned Penedela Project. The 2022 exploration program included over 1,400 metres of drilling that targeted the most prospective areas of the Penedela gold deposit identified to date, a property comprised of approximately 2,500 hectares. This program follows the successful acquisition of the Penedela property, permitting and NI 43-101 Technical Report in recent months. 

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