Business
Vulcan Minerals Inc. Retains Sayer Energy Advisors
Vulcan Minerals Inc. Retains Sayer Energy Advisors.
About this update from Vulcan Minerals Inc.
[{"type":"text","content":"\n\n\n\n\nST. JOHN'S, May 8 /CNW/ - Vulcan Minerals Inc. (\"the Company\" TSX-V:\nVUL), announces that it has retained the services of Sayer Energy Advisors\n(Sayer) of Calgary, Alberta to assist the company in securing a joint venture\npartner for its ongoing Western Newfoundland exploration program. Sayer will\nprovide details of the opportunity through its extensive distribution system\nas well as provide a \"data room\" for the company in Calgary. The Company will\nbe available in Calgary during the week of May 15-19th, 2006 to provide\nconfidential technical presentations to interested parties. A summary of the\njoint venture opportunity is available at www.sayeradvisors.com. The Company\nhas made significant strides in the exploration of the Bay St. George basin in\nWestern Newfoundland. The Company feels that it has accumulated a critical\nmass of positive exploration results, including the shallow Flat Bay oil\ndiscovery, to entice parties to participate in the exploration and development\nof its 236,000-acre land position. The Company's prospects present high\nimpact, large reserve potential in an onshore location eligible for Canadian\nExploration Expenses. The Company is currently preparing for its upcoming 2006\ndrill program based on the completion of an initial review of recently\nacquired drilling and geophysical data. The results of that review will be\nforthcoming via new releases and an update to the Company's homepage over the\ncoming weeks.\n\nThe TSX Venture Stock Exchange has not reviewed and does not accept\nresponsibility for the adequacy or accuracy of this release.\n\n%SEDAR: 00003997E\n\n\n","length":1684,"tagName":"div"}]