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Wescan commences drilling Hudson Bay coal properties


9:00 AM ET, August 12, 2009


SASKATOON, Aug. 12, 2009 (Canada NewsWire via COMTEX) -- Stock Symbol: WGF: TSX-V

Wescan Goldfields Inc. ("Wescan" or the "Company") is pleased to announce that drilling has commenced on the Company's Hudson Bay, Saskatchewan coal exploration project. Drilling locations have been targeted using Fugro Airborne Surveys ("Fugro") specialized geophysical processing and interpretation on GEOTEM Electromagnetic Magnetic data. This data will enable Wescan to identify all potential coal bearing sub-basins on all of the Company's coal permits.

Wescan will initially explore a large block of coal permits, approximately 86 kilometres wide lying north of the Pasquia Hills in an area where potential depth to coal may be shallow. Within this northern block, Fugro has identified a number of priority geophysical anomalies that may be related to laterally extensive coal deposits. These geophysical anomalies are interpreted to be very large, some in excess of 15 kilometres in diameter. Wescan will also explore for coal on two of its southern coal permit blocks, which lie south of the massive coal discovery by Goldsource Mines Inc. These southern blocks have also been identified by Fugro to potentially host numerous coal bearing sub-basins. The first phase of drilling will be extensive and will utilize helicopter support to maximize efficiency and reduce the impact to the environment.

Vice President of Exploration, Kirsten Marcia, Professional Geoscientist in the Province of Saskatchewan, is Wescan's Qualified Person responsible for the design and execution of the program.

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".




Immerhin z. Zt. im Plus an der TSX mit 26% aufgrund dieser Meldung!

[saecofan]

Antwort auf Beitrag Nr.: 37.766.368 von shareforce-united am 12.08.09 20:12:59

WESCAN Goldfields Inc. gibt Ergebnisse des ersten Quartals

Stock Symbol: WGF: TSX-V Stock Symbol: WGF: TSX-V

SASKATOON, May 29 /CNW/ - Wescan Goldfields Inc. ("Wescan" or the Saskatoon, May 29 / CNW / - WESCAN Goldfields Inc. ( "WESCAN" oder die
"Company") reports the unaudited results of Wescan's operations for the "Unternehmen") meldet die ungeprüften Ergebnisse WESCAN-Operationen für die
quarter ended March 31, 2009 have been filed and may be viewed at Quartal zum 31. März 2009 eingereicht worden und können bei
www.sedar.com . www.sedar.com. A summary of key financial and operating results for the Eine Zusammenfassung der wichtigsten Finanz-und Betriebsergebnisse für die
quarter follows: Quartal folgt:

Highlights Highlights

- Continued review of regional geophysics and detailed topographic data - Kontinuierliche Überprüfung der regionalen Geophysik und detaillierte topographische Daten
to define drill targets in the Hudson Bay, Saskatchewan area. Bohrer Ziele zu definieren, in der Hudson Bay, Saskatchewan Bereich.
- Additional coal permits received near Pinehouse Lake, Saskatchewan. - Zusätzliche Kohle in der Nähe von Genehmigungen erhalten Pinehouse Lake, Saskatchewan.
- Working capital of $2.2 million at March 31, 2009. - Working Capital von $ 2.2 Millionen am 31. März 2009.
- Issued and outstanding shares of 75,121,390 at March 31, 2009. - Ausgegeben und im Umlauf befindlichen Aktien von 75121390 am 31. März 2009.

Coal Projects Kohle Projekte

In the first quarter of 2009, Wescan continued an extensive review of Im ersten Quartal 2009, WESCAN weiterhin eine umfassende Überprüfung der
regional geophysics and detailed topographic data to define drill targets in regionalen Geophysik und detaillierte topographische Daten zu definieren, Ziele in der Bohrmaschine
the Hudson Bay, Saskatchewan area. der Hudson Bay, Saskatchewan Bereich. Upon the completion of defining drill Nach der Fertigstellung der Definition Bohrer
targets the Company plans to test several anomalies within the permit areas Ziele der Gesellschaft Pläne zu testen, mehrere Anomalien in den Gebieten ermöglichen
through a multi-hole core drilling program during the summer of 2009. durch eine Multi-Loch-Kernbohrmaschine Programm im Sommer 2009.
Also in the quarter, the Company received 7 additional coal permit Auch in diesem Quartal erhielt das Unternehmen weitere 7 Kohle ermöglichen
certificates near Pinehouse Lake, Saskatchewan that comprised an area of 5,280 Zertifikate in der Nähe von Pinehouse Lake, Saskatchewan, dass umfasste eine Fläche von 5280
hectares. Hektar. These additional permits will allow the Company to actively explore Diese zusätzlichen Genehmigungen wird die Gesellschaft aktiv zu erkunden
the area for coal. den Bereich für die Kohle. Historical drilling in this region intersected Mannville Historische Bohrungen in dieser Region besteht, Mannville
(Cretaceous) coal seams approximately 50 metres from surface in a region where (Kreide) Kohle Nähte etwa 50 Meter von der Oberfläche in einer Region, in
glacial till cover is limited. Eisessig bis Deckung ist begrenzt.
Subsequent to the end of the quarter, Wescan announced that it had Nach dem Ende des Quartals, WESCAN angekündigt, dass er
entered into an agreement with Fugro Airborne Surveys of Ottawa, Ontario to in einer Vereinbarung mit Fugro Airborne Surveys von Ottawa, Ontario, um
conduct a 2,000 line-kilometre airborne geophysical survey over its Hudson eine 2000 Kilometer lange Linie der Luft geophysikalische Untersuchung über die Hudson
Bay, Saskatchewan coal dispositions (see Wescan News Release dated April 28, Bay, Saskatchewan Kohle Bestimmungen (siehe WESCAN Pressemitteilung vom 28. April
2009). 2009).
The survey will provide extensive magnetic and electromagnetic Die Studie wird umfassende magnetische und elektromagnetische
geophysical data over areas believed to be highly prospective for coal. geophysikalischen Daten über Gebiete, die als hoch Interessenten für Kohle. The Der
contract includes a Broadband GEOTEM Electromagnetic Magnetic survey as well Vertrag beinhaltet eine Breitband GEOTEM Elektromagnetische Magnetische Umfrage und
as specialized geophysical processing and interpretation to identify coal spezialisierte geophysikalischen und Auslegung zu ermitteln Kohle
bearing sub-basins. mit Sub-Becken. The successful drilling of GEOTEM targets on adjacent Die erfolgreiche Bohrung GEOTEM der Ziele für die angrenzenden
properties has resulted in the discovery of coal intersections up to 100 Eigenschaften hat dazu geführt, dass die Entdeckung der Kohle-Schnittstellen bis zu 100
metres in vertical thickness. Meter in vertikaler Dicke. The GEOTEM survey aims to delineate all Die GEOTEM Erhebung soll aufgefordert werden, alle
potential sub-basins in the Devonian basement which are favorable for the potenzielle Sub-Becken in der Devon Keller, die günstig sind für die
development of coal in the overlying Cretaceous sediments. Entwicklung der Kohle in der darüberliegenden Cretaceous Sedimenten.
A total of 331 coal permits have now been issued to the Company Insgesamt Kohle von 331 Genehmigungen wurden nun an die Firma
encompassing a total area of 190,992 hectares (1,910 square kilometres) in the umfasst eine Gesamtfläche von 190.992 Hektar (1.910 km ²) in der
Hudson Bay, Saskatchewan region and 38,288 hectares (383 square kilometres) in Hudson Bay, Saskatchewan Region und 38.288 Hektar (383 Quadratkilometer) in
the Pinehouse Lake, Saskatchewan area. die Pinehouse Lake, Saskatchewan Bereich. These permits cover a period of one Diese Genehmigungen beziehen sich auf einen Zeitraum von einem
year with two possible six-month extensions which are convertible to a 15-year Jahr mit zwei sechs-Monats-Erweiterungen, die Wandelschuldverschreibungen zu einem 15-Jahres -
lease thereafter. Leasing danach.

Selected financial highlights include: Ausgewählte Kennzahlen sind:
------------------------------------------------------------------------- -------------------------------------------------- -----------------------
March 31, December 31, 31. März, 31. Dezember,
Balance Sheets 2009 2008 Bilanz 2009 2008
------------------------------------------------------------------------- -------------------------------------------------- -----------------------
Current assets $ 2,494,935 $ 2,724,519 Umlaufvermögen $ 2.494.935 $ 2.724.519
------------------------------------------------------------------------- -------------------------------------------------- -----------------------
Capital and other assets 9,435,175 9,453,030 Kapital-und sonstige Vermögensgegenstände 9.435.175 9.453.030
------------------------------------------------------------------------- -------------------------------------------------- -----------------------
Current liabilities 338,480 381,548 Kurzfristige Verbindlichkeiten 338.480 381.548
------------------------------------------------------------------------- -------------------------------------------------- -----------------------
Future income tax liability 579,000 - Zukunft Einkommensteuerschuld 579000 --
------------------------------------------------------------------------- -------------------------------------------------- -----------------------
Share capital and warrants 14,161,829 14,799,329 Aktienkapital und Optionsscheine 14.161.829 14.799.329
------------------------------------------------------------------------- -------------------------------------------------- -----------------------
Contributed surplus 1,453,563 1,444,117 Beitrag Überschuss 1.453.563 1.444.117
------------------------------------------------------------------------- -------------------------------------------------- -----------------------
Deficit 4,602,762 4,447,445 Defizit 4.602.762 4.447.445
------------------------------------------------------------------------- -------------------------------------------------- -----------------------

------------------------------------------------------------------------- -------------------------------------------------- -----------------------
March 31, March 31, 31. März, 31. März,
Statements of Income 2009 2008 Gewinn-und Verlustrechnung 2009 2008
------------------------------------------------------------------------- -------------------------------------------------- -----------------------
Interest Income $ 2,535 $ 31,120 Zinsertrag $ 2.535 $ 31.120
------------------------------------------------------------------------- -------------------------------------------------- -----------------------
Operating Expenses 229,833 316,332 Betriebliche Aufwendungen 229.833 316.332
------------------------------------------------------------------------- -------------------------------------------------- -----------------------
Loss for the period before Verlust für den Zeitraum vor dem
income taxes 227,298 285,212 Ertragsteuern 227.298 285.212
------------------------------------------------------------------------- -------------------------------------------------- -----------------------
Net loss for the period 155,317 259,712 Der Nettoverlust für den Zeitraum 155.317 259.712
------------------------------------------------------------------------- -------------------------------------------------- -----------------------
Loss per share 0.00 0.00 Der Verlust je Aktie 0,00 0,00
------------------------------------------------------------------------- -------------------------------------------------- -----------------------

------------------------------------------------------------------------- -------------------------------------------------- -----------------------
March 31, March 31, 31. März, 31. März,
Statements of Cash Flows 2009 2008 Konzern-Kapitalflussrechnung 2009 2008
------------------------------------------------------------------------- -------------------------------------------------- -----------------------
Cash flows from operating activities $ (208,725) $ (25,705) Cash-Flow aus laufender Geschäftstätigkeit $ (208.725) $ (25.705)
------------------------------------------------------------------------- -------------------------------------------------- -----------------------
Cash flows from investing activities 7,819 (1,768,722) Cash-Flow aus Investitionstätigkeit 7.819 (1.768.722)
------------------------------------------------------------------------- -------------------------------------------------- -----------------------
Decrease in cash and cash equivalents (200,906) (1,794,427) Abnahme der liquiden Mittel (200.906) (1.794.427)
------------------------------------------------------------------------- -------------------------------------------------- -----------------------
Cash and cash equivalents - Zahlungsmittel und Zahlungsmitteläquivalente --
beginning of period 2,549,435 3,413,275 Anfang der Periode 2.549.435 3.413.275
------------------------------------------------------------------------- -------------------------------------------------- -----------------------
Cash and cash equivalents - Zahlungsmittel und Zahlungsmitteläquivalente --
end of period 2,348,529 1,618,848 Ende der Periode 2.348.529 1.618.848
------------------------------------------------------------------------- -------------------------------------------------- -----------------------

Outlook Outlook

As at May 28, 2009, the Company has $2.05 million in cash and cash Zum 28. Mai 2009 hat das Unternehmen 2,05 Mio. $ in Cash und Cash -
equivalents that will be used to establish a drill program on the coal permit -Äquivalente, die verwendet werden, ein Bohrprogramm auf der Kohle ermöglichen
properties as well as continue exploration programs on the Jojay, Fork Lake, Eigenschaften wie auch weiterhin Programme zur Erforschung der Jojay, Gabel-See,
Hanson Lake and Munro properties. Hanson-See und Munro Eigenschaften. In addition, the Company will continue to Darüber hinaus wird die Gesellschaft weiterhin
evaluate the potential for acquisition of more mineral properties in Canada bewerten das Potenzial für den Erwerb von mehr mineralischen Eigenschaften in Kanada
and internationally. und international. Management has determined that the Company will continue Das Management hat festgestellt, dass die Gesellschaft weiterhin
to require additional financing and believes it will have sufficient access to die zusätzliche Finanzierung und hält es in ausreichendem Maße Zugang zu
financial markets to continue its planned activities. Finanzmärkte, seine geplanten Aktivitäten.

[saecofan]

WESCAN Goldfields Inc. freut sich bekannt zu geben, die ihr ein erstes Paket von 83 Kohle-Zertifikate von der Genehmigung Saskatchewan Ministerium für Energie und Ressourcen. 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). Diese Genehmigungen sind neben der Forderung der großen Block Hosting Kohle Entdeckung bereits angekündigt von Goldsource Mines Inc. ( "Goldsource") (siehe Goldsource-Pressemitteilungen vom 22. April und 28. April 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. Die Genehmigungen können WESCAN zu aggressiv, die für Kohle und für einen Zeitraum von einem Jahr mit zwei sechs-Monats-Erweiterungen und Wandelanleihen zu einem 15-Jahres-Mietvertrag.

The area covered by these initial permits is approximately 60,080 hectares (601 square kilometres). Die Flächen, für die dieser ersten erlaubt ist etwa 60.080 Hektar (601 Quadratkilometer). 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). Ein ausgewogenes Verhältnis von 268 sequenziert Priorität ( "first in line") Kohle Anwendungen in Patronatserklärungen von Saskatchewan Energie und Ressourcen, bestehend aus 192.640 Hektar (1926 Quadratkilometer) noch ausgestellt werden (siehe WESCAN Pressemitteilung vom 27. Mai 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 . Eine Karte von der Hudson Bay WESCAN Bereich Genehmigungen und Priorität sequenziert Kohle Anwendungen finden Sie auf der Unternehmens-Website unter www.wescangoldfields.com.

Exploration permitting with Saskatchewan Environment is in progress with an initial program proposal submitted to that department. Exploration ermöglicht mit Saskatchewan Umwelt im Gange ist mit einem ersten Programm Vorschlag an diese Dienststelle zurück. This primary drilling will focus on Wescan's southeasterly permits, located adjacent to Goldsource and proximal to their recent drilling activity. Das primäre Bohrungen konzentrieren sich auf die südöstlich WESCAN erlaubt, neben Goldsource proximalen und ihrer jüngsten Bohr-Aktivität.

Patrick Hannon, MASc, PEng, is Wescan's qualified person and is experienced both in the exploration and evaluation of coal deposits in Canada. Patrick Hannon, MASc, Peng, ist WESCAN die qualifizierte Person und ist erfahren in der Exploration und Evaluierung von Kohlevorkommen in Kanada.

[CFalko]

Klasse Thread hier, sehr informativ und unheimlich sinnvoll.

Weiter so

[shareforce-united]

Antwort auf Beitrag Nr.: 37.797.305 von CFalko am 17.08.09 19:59:04

Vielleicht wird das irgendwann mal was! Es fehlen halt Leute wie Du: Ich meine Spaß muß sein!

Oder anders ausgedrückt: Aktien kauft man doch, solange sie relativ billig sind.

[CFalko]

Antwort auf Beitrag Nr.: 37.800.623 von shareforce-united am 18.08.09 11:49:04

Das stimmt und wahrscheinlich kommt hier erst Bewegung rein, wenn wir bei 0,60 stehen

[shareforce-united]

Antwort auf Beitrag Nr.: 37.801.128 von CFalko am 18.08.09 13:05:39

Vor 2 - 3 Monaten war der Goldsource Thread auch noch total tote Hose! Hatte dann da auch nichts mehr reingestellt, weil ich mir blöd vorkam. Inzwischen ist da der Bär los.

[CFalko]

Antwort auf Beitrag Nr.: 37.803.117 von shareforce-united am 18.08.09 16:36:59

Wescan sollte bald anrollen, da GXS schon mal den Takt vorgibt

[saecofan]

http://www.smileygarden.de/smilie/Musik/19-001.gif

[TimLuca [KommA]]

Antwort auf Beitrag Nr.: 37.819.473 von CFalko am 20.08.09 17:03:02

Wescan drills 12.90 metre coal zone at Hudson Bay and 14.80 metre coal zone at Pinehouse Lake



Stock Symbol: WGF: TSX-V


SASKATOON, Jan. 18 /CNW/ - Wescan Goldfields Inc. ("Wescan" or the "Company") is pleased to announce that Phase 1 drilling has been completed on its 100 percent owned Hudson Bay and Pinehouse Coal Properties. At Hudson Bay, coal was intersected in 21 out of 40 drill holes, with a maximum coal zone thickness of 12.90 metres. These initial coal discoveries will direct the drilling locations in the upcoming 2010 Phase 2 Drill Program, aimed at targeting thicker intersections of coal. Coal zones ranged from continuous coal seams to coal zones with interbedded sand and carbonaceous material, with coal ranging from bright to dull. Eight holes contained coal zones greater than 5 metres thick. Several drill holes also contained more than one intersection of coal, suggesting the presence of multiple coal horizons (see Table 1).

Drilling results from the Phase 1 program indicates that the prospective area for coal is much greater than previously anticipated in the Hudson Bay area. Coal was intersected more than 50 kilometres to the west of and 10 kilometres to the south of previously reported coal intersections in the region, including intersections of coal northwest of the Pasquia Hills. These discoveries establish a new high priority focus for Wescan on four main areas of interest: The Red Deer Property, Bonus Property, Rice Property andMan River Property, proximal to Goldsource Mines Inc.'s Border Property hosting a NI43-101 compliant Indicated and Inferred coal resource estimate of 153.1 million tonnes.

Phase 1 drilling results have provided an excellent geological understanding of the regional sedimentary depositional environment. With this new information, Wescan has developed a new geoscientific data framework aimed to identify where sub-basins containing thicker intersections of coal may occur. This data framework will utilize all new stratigraphic data obtained from drill core and down-hole geophysics layered together with recently acquired airborne geophysics in order to assist and prioritize future drill targets on Wescan's four main areas of interest, which still remain 90 percent unexplored. Exploratory core drilling is planned to continue throughout the winter and with frozen ground, Wescan can now access previously inaccessible drilling locations, which include some untested top priority Phase 1 targets.


Table 1: Hudson Bay Coal/Carbonaceous Zones ------------------------------------------------------------------------- Coal/Carbonaceous Zone ------------------------------------------------------------------------- Hole No. From (m) To (m) Width (m) ------------------------------------------------------------------------- HB09-02 38.00 39.00 1.00 ------------------------------------------------------------------------- HB09-06 116.70 121.70 5.00 ------------------------------------------------------------------------- HB09-10 74.70 77.74 3.04 ------------------------------------------------------------------------- HB09-11 125.22 130.64 5.42 ------------------------------------------------------------------------- HB09-13 69.60 70.20 0.60 ------------------------------------------------------------------------- HB09-14 58.70 58.92 0.22 ------------------------------------------------------------------------- HB09-15 37.00 38.80 1.80 ------------------------------------------------------------------------- HB09-18 62.77 63.12 0.35 ------------------------------------------------------------------------- and 75.23 75.35 0.12 ------------------------------------------------------------------------- and 101.50 114.40 12.90 ------------------------------------------------------------------------- HB09-19 132.81 133.43 0.62 ------------------------------------------------------------------------- HB09-21 99.09 102.22 3.13 ------------------------------------------------------------------------- HB09-22 62.75 63.30 0.55 ------------------------------------------------------------------------- and 71.53 71.65 0.12 ------------------------------------------------------------------------- and 99.09 111.64 12.55 ------------------------------------------------------------------------- HB09-23 87.38 95.55 8.17 ------------------------------------------------------------------------- HB09-24 60.79 62.50 1.71 ------------------------------------------------------------------------- and 129.57 135.35 5.78 ------------------------------------------------------------------------- HB09-31 44.21 44.30 0.09 ------------------------------------------------------------------------- HB09-33 33.30 33.33 0.03 ------------------------------------------------------------------------- and 62.45 62.50 0.05 ------------------------------------------------------------------------- HB09-35 41.69 42.15 0.46 ------------------------------------------------------------------------- and 56.00 56.20 0.20 ------------------------------------------------------------------------- and 65.35 65.55 0.20 ------------------------------------------------------------------------- and 66.20 67.74 1.54 ------------------------------------------------------------------------- and 68.70 69.79 1.09 ------------------------------------------------------------------------- HB09-36 44.28 44.31 0.03 ------------------------------------------------------------------------- HB09-37 74.90 75.10 0.20 ------------------------------------------------------------------------- and 79.85 80.10 0.25 ------------------------------------------------------------------------- and 80.95 82.38 1.43 ------------------------------------------------------------------------- HB09-38 64.26 64.67 0.41 ------------------------------------------------------------------------- and 84.88 87.52 2.64 ------------------------------------------------------------------------- and 93.44 100.27 6.83 ------------------------------------------------------------------------- HBSH09-09 199.60 205.86 6.26 ------------------------------------------------------------------------- HBSH09-10 209.80 211.53 1.73 ------------------------------------------------------------------------- and 211.83 212.00 0.17 -------------------------------------------------------------------------
Initial identification of the coal zone intervals/intersections (see Table 1) is based on visual characteristics. The term 'carbonaceous zone' is used here to describe a black to brown carbonaceous section that includes coal, silty/sandy coal and partings of sedimentary units of sandstone to mudstone. These latter sedimentary units, considered to be part of the carbonaceous zone, contain variable amounts of coal fragments and stringers that range in quantity from abundant to minor. Coal sampling is underway with initial analytical results pending. Down-hole geophysics has been completed on all core holes and adjustments to coal seam thickness may occur when reporting final results. Hole numbers HB09-01, 03 - 05, 07 - 09, 12, 16 - 17, 20, 25 - 30, 32, 34, and HBSH09-13 had no significant coal or carbonaceous zones.


Pinehouse Lake, Saskatchewan


Wescan has initiated a coal exploration program on its 100 percent owned property near Pinehouse Lake, Saskatchewan. The Company has 50 coal dispositions; covering 38,304 hectares in an area where Mannville aged coal (Cretaceous) is known to exist. Historical drilling in this region intersected 1 to 3 metre thick coal seams at approximately 50 metres below surface in a region where overburden is limited.

The initial drilling of 8 completed drill holes confirmed the presence of coal in 6 drill holes, with the largest carbonaceous zone up to 14.8 metres in thickness in hole PHL09-J (see Table 2). Four holes contained coal zones greater than 5 metres thick. All completed drill holes penetrated through the Mannville section to the Paleozoic/Precambrian basement in order to identify areas that may have formed basins necessary to host thick intersections of coal. Definition of these basins in the Devonian paleosurface is critical to exploring for Mannville-aged coal occurrences. Utilization of airborne geophysics to identify such basins is currently being investigated.

This initial drill program at the Pinehouse Lake Property aimed to confirm the historical coal intersections and obtain geological stratigraphic data that will be used in developing a stratigraphic and structural model for targeting thicker, near-surface coal seams. A second phase of drilling is currently being planned by Wescan and positive results from this second phase will lead to follow-up infill drilling to define a potential coal resource.


Table 2: Pinehouse Lake Coal Intersections ------------------------------------------------------------------------- Coal/Carbonaceous Zone ------------------------------------------------------------------------- Hole No. From (m) To (m) Width (m) ------------------------------------------------------------------------- PHL09-AA 46.95 50.63 3.68 ------------------------------------------------------------------------- PHL09-B 52.70 53.00 0.30 ------------------------------------------------------------------------- and 56.85 63.87 7.02 ------------------------------------------------------------------------- PHL09-C 59.30 64.00 4.70 ------------------------------------------------------------------------- PHL09-I 50.30 63.75 13.45 ------------------------------------------------------------------------- PHL09-J 73.85 88.65 14.80 ------------------------------------------------------------------------- PHL09-K 58.60 65.20 6.60 ------------------------------------------------------------------------- and 68.80 73.73 4.93 -------------------------------------------------------------------------
Initial identification of the coal zone intervals/intersections (see Table 2) is based on visual characteristics. The term 'carbonaceous zone' is used in the same context as defined in Table 1 for Hudson Bay Coal Intersections. The Company cautions against placing undue reliance on the visual observations of the coal until the results of the analytical work have been announced. Holes PHL09-D and E had no significant coal or carbonaceous zones.


Location maps for the Hudson Bay and Pinehouse Lake Projects will be made available on the Company's website at www.wescangoldfields.com


Vice President of Exploration,Kirsten Marcia, Professional Geoscientist in the Province of Saskatchewan, is Wescan's Qualified Person responsible for the design and execution of the program.


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".


"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."


Caution Regarding Forward-looking Information


This press release contains forward-looking statements within the meaning of certain securities laws, including the "safe harbour" provisions of Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. Forward-looking information is often, but not always, identified by the use of words such as "anticipate", "believe", "expect", "plan", "intend", "forecast", "target", "project", "guidance", "may", "will", "should", "could", "estimate", "predict" or similar words suggesting future outcomes or language suggesting an outlook. In particular, statements regarding Wescan's future operations, future exploration and development activities or other development plans constitute forward-looking statements. Forward-looking statements in this press release include, but are not limited to, future drilling plans for the Hudson Bay and Pinehouse Lake properties and the development of geological models.

All forward-looking statements and information are based on Wescan's current beliefs as well as assumptions made by and information currently available to Wescan concerning anticipated financial performance, business prospects, strategies, regulatory developments, development plans, exploration, development and mining activities and commitments. Although management considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect.

By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and risks exist that predictions, forecasts, projections and other forward-looking statements will not be achieved. We caution readers not to place undue reliance on these statements as a number of important factors could cause the actual results to differ materially from the beliefs, plans, objectives, expectations, anticipations, estimates and intentions expressed in such forward-looking statements. These factors include, but are not limited to, developments in world markets, risks relating to fluctuations in the Canadian dollar and other currencies relative to the US dollar, changes in exploration, development or mining plans due to exploration results and changing budget priorities of Wescan; the effects of competition in the markets in which Wescan operates; the impact of changes in the laws and regulations regulating mining exploration and development; judicial or regulatory judgments and legal proceedings; operational and infrastructure risks and the additional risks described in Wescan's most recently filed annual and interim MD&A and Wescan's anticipation of and success in managing the foregoing risks.

Wescan cautions that the foregoing list of factors that may affect future results is not exhaustive. When relying on our forward-looking statements to make decisions with respect to Wescan, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Unless otherwise required by applicable securities laws, Wescan does not undertake to update any forward-looking statement that may be made from time to time by Wescan or on our behalf.


For further information: Darren Anderson, President or Kirsten Marcia, Vice President of Exploration at [phone]


http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&…


Gruß
TimLuca

[CFalko]

Antwort auf Beitrag Nr.: 38.757.829 von TimLuca am 18.01.10 15:45:28

Wollte es gerade posten

[CFalko]

Antwort auf Beitrag Nr.: 38.757.829 von TimLuca am 18.01.10 15:45:28

Bist Du dabei?

[shareforce-united]

Na, wer sagt's denn?

[TimLuca [KommA]]

Antwort auf Beitrag Nr.: 38.757.945 von CFalko am 18.01.10 15:58:15

Hallo,

nein, noch nicht. Ich konzentriere mich gerade auf GXS den Nachbarn.....

Gruß
TimLuca

[CFalko]

Ganz schön dürftig die Entwicklung hier

[TimLuca [KommA]]

Antwort auf Beitrag Nr.: 39.643.430 von CFalko am 07.06.10 18:53:33

Hallo,

mehr als dürftig, aber so siehts auch bei GXS aus.... leider....

Gruß
TimLuca

[CFalko]

Antwort auf Beitrag Nr.: 39.643.472 von TimLuca am 07.06.10 18:59:26

Irgendwie performen alle Saski Werte unterirdisch!

[beacker38]

das Teil explodiert gerade

[CFalko]

Antwort auf Beitrag Nr.: 40.408.707 von beacker38 am 28.10.10 16:07:00

Ist leider wieder implodiert

[CFalko]

Evtl. geht endlich was

[shareforce-united]

Ja, es geht was! Zwar nicht mit Kohle, aber dafür mit Gold:

Wescan 2011 Jojay Gold project drill program intersects 20 grams per tonne over 2.64 metres

Stock Symbol: WGF: TSX-V

SASKATOON, Nov. 18, 2011 /CNW/ - Wescan Goldfields Inc. (WGF: TSX-V) ("Wescan" or the "Company") is pleased to announce the results from the 2011 summer drill program on its 100 percent owned Jojay Gold Property, located 135 kilometers north of La Ronge, Saskatchewan. This program was carried out following recommendations included in the Jojay Property Technical Report completed by A.C.A. Howe International dated February 4, 2010 (the "Howe Report"). The Howe Report included an Indicated Resource of 420,000 tonnes at a grade of 3.7 g/tonne and an Inferred Resource of 630,000 tonnes grading 4.3 g/tonne.

The 2011 summer drill program included a total of 2,678.5 metres of drilling over 10 holes and was completed during the third quarter of 2011. This drill program focused on infill/confirmation drilling as well as step-out drilling. The program was designed to confirm the resource base within the known mineralized region as well as to test for further mineralization in areas in close proximity to the known Jojay Gold deposit considered "highly prospective". Three step out holes (JJ11-007, -008 and -009) confirmed significant mineralization outside of the previously drill tested area at depth, highlighted by a mineralized intersection east of the current resource within Hole JJ11-007 grading 20.0 grams per tonne over 2.64 metres. Drill holes JJ11-001, -002, -003, -004, -005, -006 and -010 all confirmed previously known mineralized areas and will assist with the infill delineation of the current model. Gold intersection highlights are summarized in the table below:
Drill Hole From (m) To (m) Core Length (m) Au (g/t)
JJ11-002 14.63 15.63 1.00 13.70
JJ11-003 62.17 63.00 0.83 8.95
JJ11-003 75.06 87.53 12.47* 4.47
including 75.06 77.06 2.00* 7.85
and 85.17 87.53 2.36* 11.76
JJ11-004 116.00 118.00 2.00* 5.10
JJ11-004 158.50 159.50 1.00 9.58
JJ11-005 205.94 213.36 7.42* 6.35
including 205.94 206.66 0.72 15.50
and 211.40 213.36 1.96* 17.71
including 211.40 211.93 0.53 51.50
JJ11-006 329.12 332.12 3.00* 5.57
including 329.12 330.12 1.00 11.50
JJ11-007 198.70 201.34 2.64* 20.03
including 198.70 199.00 0.30 42.90
and 201.00 201.34 0.34 117.50
JJ11-008 358.20 365.00 6.80* 5.35
including 364.20 365.00 0.80 34.00
JJ11-009 361.00 365.00 4.00* 3.08

*Indicates composite interval

Mr. Darren Anderson, President of Wescan stated, "We are very excited with the results from the 2011 Jojay drill program as the new drilling results have definite potential of expanding the existing Resource base. The deposit remains open both down plunge and along strike." Wescan now has sufficient data to complete a Preliminary Economic Assessment (PEA), which will include an updated National Instrument 43-101 compliant Technical Report and Resource estimate. With the significant escalation in the price of gold over the past number of months, the Company intends to continue exploration efforts on its properties with known gold mineralization.

Drill core was halved and samples between 0.30 to 1.05 metres in length were submitted to SRC Laboratory in Saskatoon, Saskatchewan. The remaining half core is archived at the property. Rigorous quality assurance and quality control procedures have been implemented including the use of blanks, standards and duplicates. Core samples were initially analyzed by fire assay, and then all samples above 3000 ppb from fire assay were analyzed by metallic assay. Where available; metallic assays are reported instead of fire assay results. Composite grades are calculated utilizing both fire assay and metallic assay results. Holes were drilled with inclinations between -45o and -58o, approximately perpendicular to the steeply dipping known mineralised areas. Mineralised intersections are reported as drilled core lengths, future modeling is required to interpret true widths of the mineralized intersections.

This exploration program was directed by Mark Shimell, Vice President Exploration of Wescan. Tabetha Stirrett of North Rim Exploration Ltd. a Professional Geoscientist in the Province of Saskatchewan is the Independent Qualified Person, as defined by NI 43-101standards, who has reviewed and approved the technical content of this news release.

Wescan is a Canadian-based company 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."