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Westminster’s objective is to acquire and define under-explored targets that are drill-ready and have the potential to evolve into large-scale discoveries. The Company’s first thrust has been achieved with its acquisition of new mineral-district scale properties, the El Cobre and Navojoa, in Sonora, Mexico. The state of Sonora contains world-class, precious and base-metal reserves and producing mines. This attractive region has a strong mining history and culture with favourable permitting and infrastructure that allow for aggressive year-round exploration.
Growth opportunities are fast-tracked using “state of the art” mineral exploration methods leading to aggressive drilling and potential resource definition. Management believes that Mexico offers opportunities for cost-effective, large-scale discoveries in a politically stable NAFTA country.
The management team has demonstrated the ability to advance early stage exploration prospects to development assets. This team is the nucleus of a group that has over the past decade raised in excess of $100,000,000 in exploration funding. |
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