WPC Resources Initiates Technical Evaluation for Ulu Project

WPC Resources (TSXV:WPQ) has retained Vancouver’s Tetra Tech for an independent technical evaluation of its Ulu gold property.
As quoted in the press release:

The Technical Evaluation will focus on evaluating the mining and milling of the known Ulu mineral resources as per WPC’s recent resource estimate (see news release dated July 14, 2015). Special consideration will be given to evaluate partial or complete use of milling equipment from the Lupin Mine (“Lupin”) as well as assess the geological model for Ulu, further investigate metallurgical performances, develop a new processing flow sheet and advise on further drilling campaigns. The current Technical Evaluation may lead to the preparation of a Preliminary Economic Assessment (“PEA”) of Ulu.

WPC president and CEO, Stephen Wilkinson, said:

We believe the current work by Tetra Tech should confirm our initial assumptions respecting Ulu as a possible future gold producer, particularly in conjunction with the Lupin property.

Click here for the full press release.