Wescan Goldfields Inc. receives coal permits
Wescan Goldfields Inc. is pleased to announce it has received an initial package of 83 coal permit certificates from the Saskatchewan Ministry of Energy and Resources. These permits are adjacent to the claim block hosting the major coal discovery previously announced by Goldsource Mines Inc. (“Goldsource”) (see Goldsource news releases dated April 22 and April 28, 2008). The permits allow Wescan to aggressively explore the area for coal and cover a period of one year with two possible six-month extensions and convertible to a 15-year lease.
The area covered by these initial permits is approximately 60,080 hectares (601 square kilometres). A balance of 268 priority sequenced (“first in line”) coal applications listed in Letters of Comfort from Saskatchewan Energy and Resources, comprising 192,640 hectares (1,926 square kilometres) remain to be issued (see Wescan news release dated May 27, 2008). A map of Wescan’s Hudson Bay area permits and priority sequenced coal applications is available on the company website at www.wescangoldfields.com.
Exploration permitting with Saskatchewan Environment is in progress with an initial program proposal submitted to that department. This primary drilling will focus on Wescan’s southeasterly permits, located adjacent to Goldsource and proximal to their recent drilling activity.
Patrick Hannon, MASc, PEng, is Wescan’s qualified person and is experienced both in the exploration and evaluation of coal deposits in Canada.
Wescan is a Canadian based corporation engaged in the acquisition, exploration and development of mineral properties. Shares of Wescan trade on the TSX Venture Exchange under the trading symbol “WGF”.
