WestCan Uranium Corp. Applies for Additional Saskatchewan Coal Permits
29 July 2008 - 8:00PM
Marketwired
VANCOUVER, BRITISH COLUMBIA (TSX VENTURE: WCU)(FRANKFURT: IAR)
announces that the Company has made application for additional coal
permits covering 9,600 hectares southwest of Wapawekka Lake and
southeast of Lac La Ronge near the intersection of Highways 165 and
912, in accordance with the Coal Disposition Act of Saskatchewan.
The time frame for granting of the permits is dependent upon
regulatory requirements to process the applications.
Dr. K.W. Geiger Ph.D., P.Eng., P.Geo., a director of the
Company, was recently in La Ronge with an advance exploration crew,
researching historical coal documents and urged management to apply
for the additional permits. In the project area, outcrops of coal
have been reported on the south shore of Wapawekka Lake near Hart
Point and Wapaw Bay, as well as along the Bow River south of Lac La
Ronge.
According to Saskatchewan Exploration and Development Highlights
2007: The Bow River coal field was investigated in the mid 1970's
by Brascan Resources Limited, who completed 72 drill holes and
identified shallow lignite, a coal which is suitable for thermal
power generation. Santoy Resources Ltd. which now owns the project,
completed 16 vertical HQ diamond drill holes in May 2006 with the
intention of verifying coal and overburden thicknesses. Santoy
subsequently reported that results from the preliminary drilling
were positive and revealed that coal seams in the area are more
numerous, substantially thicker and of apparently better rank than
indicated by past exploration programs. All of the coal
intersections are relatively shallow with most within approximately
250 ft (76 metres) of surface.
Chris England, President & CEO of WestCan, commented, "The
recent research by Dr. Geiger in Regina and Lac La Ronge continues
to provide positive data which reinforces management's decision to
selectively apply for new coal permits in this area."
Management will keep WestCan shareholders aware of the status of
the coal permits, which have been filed with the Saskatchewan
Ministry of Energy and Resources, located in Regina,
Saskatchewan.
On behalf of the Board of Directors
Chris England, President and CEO
WestCan Uranium Corp.
Statements about the Company's future expectations and all other
statements in this press release other than historical facts are
"forward looking statements". The Company intends that such
forward-looking statements be subject to the safe harbours created
thereby. Since these statements involve risks and uncertainties and
are subject to change at any time, the Company's actual results may
differ materially from the expected results.
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.
Contacts: WestCan Uranium Corp. Chris England President and CEO
(604) 694-0888 Email: info@westcanuranium.com Website:
www.westcanuranium.com
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