Business
WESCAN GOLDFIELDS INC. ANNOUNCES YEAR END RESULTS
Apr. 27, 2011 (Canada NewsWire Group) -- Stock Symbol: WGF: TSX-V SASKATOON, April 27 /CN...
About this update from Wescan Goldfields Inc.
[{"type":"text","content":"\n\n\n Apr. 27, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nStock Symbol: WGF: TSX-V\n\n\nSASKATOON, April 27 /CNW/ -Wescan Goldfields Inc. ("Wescan" or the\n "Company") reports the audited results of Wescan's operations for the\n year ended December 31, 2010 have been filed and may be viewed at www.sedar.com. A summary of key financial and operating results are as follows:\n\n\nHighlights \n\n\n\nAnnounced a National Instrument 43-101 ("NI 43-101") compliant Mineral\n Resource on its Jojay Gold Project.\n\n\nCompleted phase 1 drilling on Hudson Bay and Pinehouse Lake,\n Saskatchewan coal properties.\n\n\nAppointed new Vice-President of Exploration.\n\n\nSubsequent to year end completed $1.5 million flow-through financing.\n\n\nSubsequent to year end announced follow up exploration programs on\n several of the Company's properties.\n\n\nIssued and outstanding shares of 102,077,021 at December 31, 2010.\n\n\n\nOverview of activities\n\n\nDuring 2010, Wescan announced the completion of a National Instrument\n 43-101 ("NI 43-101") compliant gold resource for the Company's Jojay\n Gold Project in northern Saskatchewan (see Wescan News Release dated\n February 4, 2010) and also announced the completion of Phase 1 drilling\n on its Hudson Bay and Pinehouse Lake coal properties in east central\n Saskatchewan (see Wescan News Release dated January 18, 2010).\n Exploration results to date suggest that both the Company's gold and\n coal propert...