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.

 

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. 

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This occurrence extends for at least 900 kilometres along the Western Cordillera and the adjacent high plateaus province, defined by a large number of hydrothermal mineral deposits of different types.  

 

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 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.