• Western Pacific to acquire two high-grade gold exploration assets, Coriorcco and Las Antas, in southern Peru for cash consideration of USD $1,500,000 and 7,050,000 shares of Western Pacific
• The 56-hectare Coriorcco Dome structure is a high priority exploration target with 17 mineralized epithermal veins. Veining may represent the upper-reaches of a low sulphidation epithermal system with precious metal grades improving with depth
• Historic targeted underground mining at Coriorcco from 2 of 17 known
outcropping veins produced over 5,720 tonnes of material, averaging 7.45 g/t Au
• Highlights of limited surface rock sampling by the previous operators include:
o 22.90 g/t Au; 19.25 g/t Au; 14.20 g/t Au; 13.05 g/t Au
o Average grade from surface sampling 1.91 g/t Au over 181 samples
o Further encouraging sampling for underground workings to be verified
• Appoints mining entrepreneur Paul Matysek as Lead Advisor. Mr. Matysek is a
consistent creator of shareholder value and has sold five publicly listed exploration and development companies, in aggregate worth over $2 billion
• Western Pacific arranges private placement of 15,243,902 common shares at $0.41 per Share for gross proceeds of $6,250,000
• Changes name to Oro X Mining Corp.
Vancouver, B.C., August 24, 2020 WESTERN PACIFIC RESOURCES CORP. (TSX-V:
WRP) (the “Company” or “Western Pacific”) is pleased to announce it has entered into an Option Acquisition Agreement (the “Option Acquisition Agreement”) with Titan Minerals Ltd.
(“Titan”) (among others) in which Western Pacific will purchase Titan’s right to acquire the Coriorcco and Las Antas gold projects located in Ayacucho, Peru. Upon closing of the transaction and Exchange acceptance, the Company will appoint Mr. Paul Matysek as lead advisor and change its name to “Oro X Mining Corp”.
The flagship Coriorcco project is comprised of two concessions totalling 2,000 Ha and fully encloses the high priority Coriorcco Dome Structure. The Dome hosts 17 epithermal quartz, quartz-carbonate, and quartz-carbonate-adularia veins with Veins 3 and 6 being the most significant. These veins may represent the upper reaches of a low-sulphidation epithermal system.

The outcropping quartz vein system is host to drill-ready targets located within an extensive belt of volcanic hydrothermal systems. With favourable topography, access, and proximity to electrical power, the project is well suited for low capex development of high-grade, low-tonnage mining of veins.
“The acquisition of the Coriorcco and Las Antas options along with our proposed re-brand as Oro X Mining speaks to the strength of our new team and the transformative nature of this transaction” said Luis Zapata, Chief Executive Officer of Western Pacific. He continued “The Coriorcco and Las Antas projects are ideally located in an established mining district and have shown impressive gold grades in very limited past production. The market is rewarding to projects with the potential to be high-grade low-cost mines, and we will move expeditiously to advance the projects in that direction”.

Coriorcco Property
The Coriorcco property is located in the San Juan de Lucanas Mining District and consists of two contiguous mineral concessions in an established metallogenic belt recognised for its epithermal Au-Ag mineralisation potential. The belt hosts multiple producing mines including Hochschild’s Inmaculada and Pallancata gold-silver operations 100 km down strike. Both operations exploit high to low sulphidation epithermal systems and have collectively produced 100 Moz Ag & 1.1 Moz Au with 33.5 Moz Ag & 633 Koz in proven and probable reserves. Numerous publicly-listed exploration companies are also active in the area and 9 toll-milling plants service local artisanal miners.
Mineralisation at the property is related to epithermal veins with a close spatial relationship to a volcanic dome (Coriorcco Dome Structure) with significant silicification and argillization.
Seventeen (17) veins have been mapped at the property, the most common vein orientations are northwest and east-northeast. Vein 3 and Vein 6, the two most significant veins, strike approximately east-northeast, antithetic to the Andean Trend, a regionally significant orientation that exercises structural control on mineralisation throughout the Peruvian Andes. Veins pinch and swell along-strike and down-dip. Vein 3 and Vein 6 have been mapped on surface and extend 280m and 405m respectively. Crustiform quartz-carbonate veins and surrounding wall rock contain minor sulphides.
Previous exploration activity included surface channel sampling and follow-up trial mining from 2010 to 2011. Three portals were developed and over 400m of sub-horizontal mining was completed on three veins up to 60 m below surface, within the silica cap of the Coriorcco Dome.

The three portals were sunk into the side of the Dome, to the east and west of the major vein swarm, and followed mineralized Vein 3, 6 and an unnamed vein. There are 15 additional veins visible on surface within the broader vein swarm that require systemic mapping and sampling.
Historical mining of veins 3 and 6 exploited over 5,720 tonnes of material and was shipped to a third-party mill for processing. The underground minable width of the vein system ranged from
0.8 m to 2.5 m and the material produced had an average head grade of 7.5 g/t Au.
Limited surface rock sampling by the previous operators include:
o 22.90 g/t Au; 19.25 g/t Au; 14.20 g/t Au; 13.05 g/t Au
o Average grade from surface sampling 1.91 g/t Au over 181 samples
o Further encouraging sampling for underground workings to be verified
Historic sample results have not been verified by the Company, and readers are cautioned not to place undue weight on such results. The historical grades are considered relevant; however, the reliability, assumptions, parameters and methods used in preparing the reports are unknown. Chip samples are selected from a larger population of samples and are not indicative of the average grade of mineralization hosted on the Coriorcco Property.

Las Antas Property
The Las Antas property consists of two contiguous mineral concessions immediately to the south of the Coriorcco Concessions. It lies in the same established metallogenic belt recognised for its prospectivity for epithermal Au-Ag mineralisation, and polymetallic veins. The property hosts a large zone of extensive hydrothermal alteration developed in volcanics at the junctions of regionally significant northwest and northeast trending faults.
Two named prospects have been established at the property based on observed hydrothermal alterations:
• Yuracmarca is an approximately 1.9 x 1.4 km area in the northwestern part of the Property, with pervasive hydrothermal alteration including, propylitization and argilization.
• Cerro Amarillo is an approximately 3.0 x 1.5 km area in the central and southwestern part of the Property with intense silicification.
Artisanal and small-scale miners have been intermittently active in the areas around the Property and wider San Juan de Lucanas Mining District since pre-colonial times.

New Board and Advisors
Upon closing the Transaction, the Company will add Mr. Paul Matysek as Lead Advisor and Mr. Nick Rowley, nominee of Titan, as a director to its board.
Mr. Matysek is a geologist/geochemist by training, a successful alpha entrepreneur and consistent creator of shareholder value, with over 40 years of experience in the mining industry. Since 2004 Mr. Matysek has sold five publicly listed exploration and development companies, in aggregate worth over $2 billion. Currently, Mr. Matysek is the CEO of Gold X Mining Corp., which is advancing the Toroparu Project in Guyana.
Mr. Rowley is an experienced corporate executive with a strong financial background with over 15 years’ experience specialising in corporate advisory, M&A transactions and equities markets.
He has advised on the equity financings of numerous ASX and TSX listed companies
predominantly in the mining and resources sector. Mr. Rowley currently serves as Non-Executive Director of Titan Minerals (ASX:TTM) and holds an executive role at Galaxy Resources Ltd (ASX:GXY). He was also founder and Non-Executive Director of Cobalt One Ltd (ASX:CO1) which was acquired by Canadian listed First Cobalt Corporation (TSX:FCC) in 2017.
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