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WYM Waymar Resources Ltd

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Share Name Share Symbol Market Type
Waymar Resources Ltd TSXV:WYM TSX Venture Common Stock
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Waymar Announces the Integration of Nine Core Properties of Its Anza Project, Colombia

08/05/2013 1:30pm

Marketwired Canada


Waymar Resources Ltd. ("Waymar" or the "Company") (TSX VENTURE:WYM) is pleased
to announce the integration of nine core areas on its wholly owned Anza deposit.



With an effective registration date of May 3rd 2013, five exploration licenses,
two mining contracts and two mining licenses owned by the Company have been
integrated into a unified contract, number T13635011, with mining registration
code FIAM-06. 


The integrated area covers 6,738 hectares of the 23,100 hectares land package
controlled by Waymar around the Anza project. The unified contract has a total
duration of 42 years and a preferential right for renewal. 


Among other benefits, the integration formally allows concurrent mining and
exploration activities, eliminates ambiguities of interpretation that relate to
compliance and simplifies the administration, payments and reporting
requirements of the Company. 


"This integration is the result of nearly three years of coordinated work
between our legal advisors, our project team and the regulatory authorities. The
effort will now pay off in many significant ways regarding cost, security of
tenure and continued environmental permitting," said Pablo Marcet, president of
Waymar.


The properties that are part of this integration were formally identified with
the title numbers 13635, 48, 6119, 4113, 4718B, 4502, 4715, 4290 and 1139. They
correspond to the nine titles under the Option Agreement dated June 2010, signed
by the Company and a group of six optionors. 


The areas that, prior to this integration, were covered by titles 13635 and 48,
have a valid environmental license and are currently being mined for gypsum by a
contract miner. This environmental license, granted to a Waymar Colombian wholly
owned subsidiary, continues in full under the unified contract and allows both
underground and open pit mining of gypsum, gold, silver, zinc, copper and any
associated metals.


It is possible for other contiguous mining and exploration titles held by Waymar
to be added to the integration in the future. 


A map showing the properties subject to this integration (areas in blue) can be
found at the Waymar website using the following link:
http://www.waymarresources.com/projects/maps/.


About Waymar Resources Ltd.

Waymar Resources Ltd. is a Canadian mineral exploration company with an option
to acquire 100% interest in the Anza project located in the west of the
Antioquia Department in the Republic of Colombia. Upon exercise of the option,
the optionors will retain a 2% net smelter return royalty on that portion of the
Anza property governed by the Option Agreement, one-half of which may be
purchased by Waymar for a cash payment of US$1,000,000. Waymar also has 100%
ownership of certain properties surrounding Anza that cover the district's
mineral potential and is continually seeking opportunities to acquire
exploration properties. Colombia is a significant producer of gold, nickel,
emeralds, petroleum and natural gas as well as a leading producer of coal in
Latin America.


WAYMAR RESOURCES LTD.

Pablo Marcet, President & CEO

This press release may contain "forward-looking statements" and "forward-looking
information" within the meaning of applicable Canadian securities legislation.
Generally, forward-looking information can be identified by the use of
forward-looking terminology such as "plans", "expects", "estimates", "intends",
"anticipates" or "believes" or variations of such words and phrases or state
that certain actions, events or results "may", "could", "would", "might", or
"will be taken", "occur", or "be achieved". Forward-looking information is based
on the reasonable assumptions, estimates, intentions, analysis and opinions of
Waymar made at the date that such statements are made. Forward-looking
information is subject to known and unknown risks, uncertainties and other
factors that may cause the actual results, level of activity, performance or
achievements of Waymar to be materially different from those expressed or
implied by such forward-looking information, including the risk factors
disclosed elsewhere in Waymar's public disclosure. Accordingly, readers should
not place undue reliance on forward-looking information. The forward-looking
information contained herein is presented for the purposes of assisting
investors in understanding Waymar's plans and objectives and may not be
appropriate for other purposes. Waymar does not undertake to update any
forward-looking information, except in accordance with applicable securities
laws.


Shares Outstanding: 47,245,170

FOR FURTHER INFORMATION PLEASE CONTACT: 
Waymar Resources Ltd.
Investor Relations
1-778-373-0100
info@waymarresources.com
www.waymarresources.com

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