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Wescan drills 12.90 metre coal zone at Hudson Bay and 14.80 metre coal zone at Pinehouse Lake
Wescan drills 12.90 metre coal zone at Hudson Bay and 14.80 metre coal zone at Pinehouse Lake
About this update from Wescan Goldfields Inc.
[{"type":"text","content":"\n\n\n\nJan. 18, 2010 (Canada NewsWire Group) -- SASKATOON, Jan. 18 /CNW/ -- Wescan Goldfields Inc. (\"Wescan\" or the \"Company\") is pleased to announce that Phase 1 drilling has been completed on its 100 percent owned Hudson Bay and Pinehouse Coal Properties. At Hudson Bay, coal was intersected in 21 out of 40 drill holes, with a maximum coal zone thickness of 12.90 metres. These initial coal discoveries will direct the drilling locations in the upcoming 2010 Phase 2 Drill Program, aimed at targeting thicker intersections of coal. Coal zones ranged from continuous coal seams to coal zones with interbedded sand and carbonaceous material, with coal ranging from bright to dull. Eight holes contained coal zones greater than 5 metres thick. Several drill holes also contained more than one intersection of coal, suggesting the presence of multiple coal horizons (see Table 1).Drilling results from the Phase 1 program indicates that the prospective area for coal is much greater than previously anticipated in the Hudson Bay area. Coal was intersected more than 50 kilometres to the west of and 10 kilometres to the south of previously reported coal intersections in the region, including intersections of coal northwest of the Pasquia Hills. These discoveries establish a new high priority focus for Wescan on four main areas of interest: The Red Deer Property, Bonus Property, Rice Property and Man River Property, proximal to Goldsource Mines Inc.'s Border Property hosting a NI43-101 compliant Indicated and Inferred coal resource estimate of 153.1 million tonnes.Phase 1 drilling results have provided an excellent geological understanding of the regional sedimentary depositional environment. With this new information, Wescan has developed a new geoscientific data framework aimed to identify where sub-basins containing thicker intersections of coal may occur. This data framework will utilize all new stratigraphic data obtained from drill core and down-hole geophysics layered together with recently acquired airborne geophysics in order to assist and prioritize future drill targets on Wescan's four main areas of interest, which still remain 90 percent unexplored. Exploratory core drilling is planned to continue throughout the winter and with frozen ground, Wescan can now access previously inaccessible drilling locations, which include some untes...