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WESTERN AND PACIFIC RESOURCES CORP. COMPLETES ANALYSIS OF METAL CONTENT IN WATER AT KELLY MINE SHAFT

 WESTERN AND PACIFIC RESOURCES CORP. COMPLETES ANALYSIS
 OF METAL CONTENT IN WATER AT KELLY MINE SHAFT
 VANCOUVER, British Columbia, March 30 /PRNewswire/ -- Western and Pacific Resources Corp. (Vancouver: WNP) (the "company") has just completed a preliminary analysis of the metal content of the water from the bottom of the Kelly Mine shaft (some 3,900 feet deep). The initial results are extremely encouraging and the company is proceeding with an extensive and detailed test program. Further results are expected shortly and releases will be issued as results become available.
 As previously reported the "demonstrated reserves" in the claim blocks in Montana comprising 867 acres have been independently valued with a net present value in December 1990 of $116,000,000 (Cdn.). The company is expecting shortly a ruling from the Montana Courts on a preliminary matter in the company's subsidiary's law suit against Dennis Washington and Asarco Inc.
 It should be pointed out that immediately after the amalgamation of Nor-Quest Resources Ltd. and 393497 B.C. Ltd. into Western and Pacific Resources Corp. in April 1991 the amalgamated stock did trade in the $1.80 to $3.00 range. As previously stated by the board, in their opinion there is no reason that the company's shares are of less value today than as at the time of the amalgamation.
 -0- 3/30/92
 /CONTACT: Allan Ferguson, president of Western and Pacific Resources Corp., 604-669-1322/
 (WNP.) CO: Western and Pacific Resources Corp. ST: British Columbia IN: MNG SU:


EH-AL -- LA023 -- 3067 03/30/92 16:50 EST
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Publication:PR Newswire
Date:Mar 30, 1992
Words:256
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