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."
For further information:
please contact Darren Anderson, President or Mark Shimell, Vice President of Exploration at (306) 664-2422.