Stock Symbol: WGF: TSX-VEN
SASKATOON, Dec. 2 /CNW/ - George Sanders, President of Wescan Goldfields
Inc. ("Wescan"), reports that a second drill has arrived at the Jasper gold
project to expedite the recently announced 3,600 metre drill program.
The first hole, JS05-21, was drilled to test the extension of the DMZ
zone at depth. The DMZ zone is a structure parallel to and 300 metres east of
the Jasper shear zone. Limited drilling by previous operators only tested the
structure to a depth of approximately 70 metres. Hole JS05-21 pierced the zone
at a vertical depth of approximately 250 metres. The zone has been logged,
sampled and sent for assay. Drilling is currently progressing on holes JS05-22
and JS05-23.
Hole JS05-22 is targeting an open area below an untested area that was
recommended by A.C.A. Howe International Limited in their June 2003 report.
This hole will be drilled to approximately 420 metres below surface and will
be one of the deepest holes ever drilled on the Jasper structure. Hole JS05-23
is targeting the northern extension of the newly identified Deep Jasper (DJ)
zone.
Crews have just completed installation of an expandable fourteen person
camp. Although the earlier programs were serviced from near-by commercial
accommodation, the camp will provide long run cost savings and better
facilitate on-site project management, particularly during an anticipated
underground exploration phase.
A near surface portion of the Jasper shear zone was mined by Cameco
Corporation ("Cameco") as a satellite deposit during 1990-91. During this
original production period some 155,000 tons at a recovered grade of
0.54 opt Au were processed at Cameco's nearby Star Lake mill. Wescan owns 100%
of the Jasper deposit and surrounding Fork Lake property.
The diamond drill program is designed, supervised and reported on by
Frank Hrdy, MSc., MBA, P.Geo., Wescan Exploration Manager. Mr. Hrdy is a
member of the Association of Professional Engineers and Geoscientists in the
provinces of Saskatchewan and Manitoba and pending in Ontario. He has reviewed
this News Release and is a Qualified Person in accordance with National
Instrument 43-101.
Wescan is a Canadian based corporation engaged in the acquisition,
exploration and development of mineral properties. Shares of the Company trade
on the TSX Venture exchange under the trading symbol "WGF".
"The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release."
