Atlas Salt Inc. press release
Vulcan Minerals Inc. - Storm No. 1 Delay
TSXV - TSX Venture Exchange · Salt · Sodium · Gypsum · Aluminium · Canada
Stock Symbol: TSX: VUL Shares issued: 28,398,385
ST. JOHN'S, Aug. 26 /CNW/ - Vulcan Minerals Inc. ("the Company" TSX-V: VUL) announces that geophysical logging operations at the Storm No. 1 are incomplete as a tool became stuck in the hole. Fishing operations to retrieve the tool are underway. This has necessitated mobilizing fishing tools and personnel from Alberta, which has added to the timing of the operation. As soon as the fishing operation is completed and/or the well is abandoned, the drilling program in Western Newfoundland will continue. Schlumberger Canada Limited is the logging contractor.
Vulcan is a junior exploration company focused on exploring for petroleum in Western Newfoundland. The Company has an experienced management group and is well funded to carry out a multi-well program in 2005. Vulcan owns interests in approximately 250,000 acres in the Bay St. George Basin, which has the potential to be a new petroleum basin in North America.
The TSX Venture Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
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