Business
Wescan Munro Lake Project winter drill program intersects visible gold & 67.1 grams per tonne over 1.00 metre
Stock Symbol: WGF: TSX-V SASKATOON, SK, June 17, 2013 /CNW/ - Wescan Goldfields Inc...
About this update from Wescan Goldfields Inc.
[{"type":"text","content":"\n\n\nStock Symbol: WGF: TSX-V\n\n\nSASKATOON, SK, June 17, 2013 /CNW/ - Wescan Goldfields Inc. (\"Wescan\" or\n the \"Company\") (WGF: TSX.V) is pleased to announce the results of their\n winter dill program on its Munro Lake Gold Property. The Munro Lake\n Gold Project is located approximately 7 kilometers north of Claude\n Resources' (\"Claude\") Seabee gold mine/mill complex and 4.5 kilometers\n north of Claude's Santoy 8 mine. The Munro Lake Project is an early\n stage gold exploration play which encompasses the northeast projection\n of the E-W Laonil Shear Zone which is the main deposit control\n structure for the Seabee Mine gold mineralization and contains a\n prominent 6.5 kilometre long NW-SE trending structure which is a\n continuation of the structure that hosts Claude's Santoy 2, 3 & CRJ 100\n gold showings.\n\n\nHistorical drilling on the CRJ100 gold showing by Claude have reported\n grades of up to 38.4 g/t over 0.9m. This lies less than 0.5 km to the\n SE of the Munro Lake property boundary. The NW-SE trending structure\n contains numerous gold showings along its entire length and extends\n from the Santoy 2, 3 and CRJ 100 gold showings all the way through\n Wescan's property. This same structure also extends to Claude's most\n northerly disposition and their Trident exploration target.\n\n\nThe winter drill program included a total of 1,052.34 metres of diamond\n drilling over 4 holes. The program was designed to test areas of\n anomalous gold in the long NW-SE trending structure identified from\n historic ground prospecting. Three (3) holes (EXML-001, 002 & 004) were\n drilled in the southeastern (metavolcanics), and one (EXML-003) in the\n northwest (granodiorite), extent of the structure. In the southeast all\n holes intersected anomalous gold in shear hosted quartz/pyrite veins\n highlighted by an interval of 67.1 g/t Au over 1.00 in EXML-002 in a\n vein with associated visible gold and 7.1 g/t Au over 1.00 m in hole\n EXML-001. In the northeast hole (EXML-003) intercepts were also well\n above background in two pyritised shears within the granodiorite. Gold\n intersection highlights are summarized in the table below:\n\n\n\n\n\nDrill Hole\n\n\nFrom(m)\n\n\nTo(m)\n\n\nCore Length(m)\n\n\nAu(g/t)\n\n\nEXML-001\n\n\n59.58\n\n\n60.60\n\n\n1.02\n\n\n7.10\n\n\nEXML-002\n\n\n167.70\n\n\n168.70\n\n\n1.00\n...