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Wescan completes airborne geophysical survey on Hudson Bay coal permits
Stock Symbol: WGF: TSX-V SASKATOON, July 13 /CNW/ - Wescan Goldfields Inc. ("Wescan" or the "Comp...
About this update from Wescan Goldfields Inc.
[{"type":"text","content":"\n\n\n\nStock Symbol: WGF: TSX-V\n\n\nSASKATOON, July 13 /CNW/ - Wescan Goldfields Inc. ("Wescan" or the\n"Company") is pleased to announce the Company has completed a 2,000\nline-kilometre GEOTEM Electromagnetic Magnetic airborne geophysical survey\nover its highly prospective Hudson Bay, Saskatchewan coal permits. The survey\nwas flown over the Company's extensive northern block located north and east\nof the Pasquia Hills as well as over the Company's southern blocks, located\nsouth of the Goldsource Mines Inc. and Westcore Energy Ltd.'s coal permits.\nWescan's northern block and southern blocks are contained within the northwest\nand southeast extensions of the "Durango Coal Trend", a zone of similar\ngeology containing geophysical signatures indicative of settings conducive to\ncoal deposition with coal intersections that range up to 100 metres in\nvertical thickness.\n\n\nFugro Airborne Surveys is currently completing their specialized\ngeophysical processing and interpretation on the GEOTEM Electromagnetic\nMagnetic data to identify all potential coal bearing basins on Wescan's coal\npermits. Once the interpretation is complete, drilling locations will be\ntargeted and a summer drill program will commence.\n\n\nVice President of Exploration, Kirsten Marcia, Professional Geoscientist\nin the Province of Saskatchewan, is Wescan's Qualified Person responsible for\nthe design and execution of the program.\n\n\nWescan is a Canadian based corporation engaged in the acquisition,\nexploration and development of mineral properties. Shares of Wescan trade on\nthe TSX Venture Exchange under the trading symbol "WGF".\n\n\n"Neither TSX Venture Exchange nor its Regulation Services Provider (as\nthat term is defined in the policies of the TSX Venture Exchange) accepts\nresponsibility for the adequacy or accuracy of this release."\n\n\nCaution Regarding Forward-looking Information\n\n\nFrom time to time, Wescan makes written or oral forward-looking\nstatements within the meaning of certain securities laws, including the "safe\nharbour" provisions of the Ontario Securities Act. Wescan may make such\nstatements in this MD&A, in other filings with Canadian regulators, in reports\nto shareholders or in other communications. These forward-looking statements\ninclude, among others...