Western Metallica Resources Corp. (“WMS”, or the “Company”) is a mineral exploration company headquartered in Toronto, Ontario, with six 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 two highly prospective exploration assets in La Libertad and Piura, 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.
WMS has acquired mineral claims, rights and interests in two copper-molybdenum porphyry prospective projects located in Peru; Caña Brava and Turmalina. These copper-based prospective projects lie on the Upper Cretaceous and Miocene (northern Peru-Ecuador) Cu-Mo porphyry belt, respectively, both located near the coast with good accessibility surrounding current claims allowing for future project scalability.
These occurrences extend 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.
Turmalina, located in the Piura Province, is a historic, high-grade copper-molybdenum producing mine from 1 of 3 known breccia pipes, with a high probability of further discovery of high-grade breccia pipes and a porphyry system at a relative depth, yet to be systematically explored or drill tested. This project is comprised of 7 exploration concessions across 1,950 hectares, plus 2 newly staked extension of exploration concessions for 800 hectares, with potential discovery for a very large porphyry copper-molybdenum system of good grade in the order of 500-1,000 Mt of mineralized rock.
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.
WMS is comprised of a management team with in-country experience and international mining and geological experience.