Wescan commences Phase II drill program on Jojay property
20 February 2012 - 4:57AM
PR Newswire (Canada)
Stock Symbol: WGF: TSX-V SASKATOON, Feb. 22, 2012 /CNW/ - Wescan
Goldfields Inc. ("Wescan" or the "Company") is pleased to announce
the commencement of its 2012 exploration program on the Jojay Gold
Project located in the La Ronge Gold Belt in northern Saskatchewan.
Wescan will be conducting a 2000 metre diamond drill program on its
100% owned Jojay property following on from the positive results of
the 2011 Phase 1 diamond drill program. (See November 18, 2011
Wescan News Release.) Phase II of drilling will access the highly
prospective areas of the deposit that the 2011 summer drill program
could not access due to wet ground conditions. In addition, Wescan
will also target known high grade areas of the deposit as well as
those areas yet unexplored that are adjacent to the defined
resources. Results from the Phase II program will provide
additional critical data required to complete a Preliminary
Economic Assessment which will include an updated National
Instrument 43-101 Technical Report and Resource Estimate. The
Company's exploration program is being directed by Mark Shimell,
Vice President Exploration of Wescan. Daniel Leroux of A.C.A Howe
International Ltd, a Professional Geoscientist in the Province of
Saskatchewan, is the Qualified Person who has reviewed and approved
the technical content of this news release. 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".
"Neither TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release." Wescan Goldfields Inc. CONTACT: please contact
Darren Anderson, President or Mark Shimell, VicePresident of
Exploration at (306) 664-2422.
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