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Wescan initiates airborne geophysical survey on Hudson Bay coal properties
Stock Symbol: WGF: TSX-V SASKATOON, April 28 /CNW/ - Wescan Goldfields Inc. ("Wescan" or the "Com...
About this update from Wescan Goldfields Inc.
[{"type":"text","content":"\n\n\n\nStock Symbol: WGF: TSX-V\n\n\nSASKATOON, April 28 /CNW/ - Wescan Goldfields Inc. ("Wescan" or the\n"Company") is pleased to announce it has entered into an agreement with Fugro\nAirborne Surveys of Ottawa, Ontario to conduct a 2,006 line-kilometre airborne\ngeophysical survey over its Hudson Bay, Saskatchewan coal dispositions.\n\n\nThis survey will provide extensive magnetic and electromagnetic\ngeophysical data over areas believed to be highly prospective for coal. The\ncontract includes a Broadband GEOTEM Electromagnetic Magnetic survey as well\nas specialized geophysical processing and interpretation to identify coal\nbearing sub-basins. The GEOTEM survey aims to delineate all potential\nsub-basins in the Devonian basement which are favorable for the development of\ncoal in the overlying Cretaceous sediments.\n\n\nThe successful drilling of GEOTEM targets on adjacent properties has\nresulted in the discovery of coal intersections up to 100 metres in vertical\nthickness. These discoveries have established the GEOTEM system as a powerful\nstratigraphic mapping tool for coal exploration in the Hudson Bay region.\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, statements with respect to Wescan's objectives for the\nensuing year, our medium and long-term goals, ...