Wescan Goldfields Inc. press release
Multiple Gold Zones Confirmed by Wescan and Claude Resources in Diamond Drilling at Jojay
TSXV - TSX Venture Exchange · Gold · Canada
Stock Symbol: WGF: TSX-VEN
SASKATOON, Aug. 2 /CNW/ - George Sanders, President of Wescan Goldfields Inc. ("Wescan"), is pleased to report that the recently completed diamond drill program on the Jojay property in the La Ronge district of Saskatchewan has confirmed strong gold grades in several zones. Highlights of the drilling include an intercept in JJ05-01 of the "Red Zone 1" of 10.52 g/t gold over a true width of 4.84 metres and an intercept in JJ05-02 of the "Orange Zone" of 77.93 g/t over a true width of 0.77 metres. Seven holes were drilled for a total of 1218.7 metres. The purpose of the program was to test the strike extension and continuity of previously indicated mineralization where gaps in data existed both down dip and down plunge as well as to confirm the occurrence of multiple zones. The program was successful in adding to the confidence level of the previously indicated zones herein named "Orange, Blue, Purple and Red" by previous operators, as well as locating additional unnamed zones which warrant further investigation. The Red Zone is the most significant of the previously indicated zones with a strike length of 250 metres and a down plunge extent of 300 metres and open in both directions. All significant drill intercepts are summarized in the table below.
<< HOLE No. INTERVAL METRES MET. ASSAY FROM TO WIDTH TRUE GOLD COMMENTS WIDTH G/T
Possible JJ05 - 01 40.70 41.10 0.40 0.28 30.35 Orange Zone 69.20 69.50 0.30 0.21 37.30 Blue Zone 1 76.20 76.90 0.70 0.61 5.45 Blue Zone 2 78.30 78.70 0.40 0.28 11.85 Blue Zone 2 88.50 88.70 0.20 0.17 3.82 95.30 101.20 5.90 4.84 10.52 Red Zone 1 incl 95.30 97.20 1.90 1.35 27.87 Red Zone 1
Possible JJ05 - 02 30.90 31.90 1.00 0.77 77.93 Orange Zone 99.00 106.30 7.30 5.17 2.39 Red Zone 1/2
JJ05 - 03 40.70 40.90 0.20 0.20 2.59 Blue Zone 80.50 81.30 0.80 0.61 32.41 Fault Offset 162.60 163.10 0.50 0.38 3.01 Red Zone 1 172.10 172.50 0.40 0.26 21.18 Fault Offset Red Zone 2 175.90 179.20 3.30 2.67 5.46 Fault Offset Mineralization 187.50 190.20 2.70 1.35 3.14 in Fault Zones Mineralization 212.40 214.30 1.90 0.95 18.84 in Fault Zones Mineralization 220.60 220.90 0.30 0.26 34.88 in Fault Zones Mineralization 222.70 223.10 0.40 0.35 4.09 In Fault Zones
JJ05 - 04 122.40 123.40 1.00 0.71 6.75 Red Zone 1 144.30 150.10 4.30 3.04 2.68 Red Zone 2
JJ05 - 05 19.00 21.30 2.30 2.28 2.69 101.10 101.70 0.60 0.56 6.70 Purple Zone
JJ05 - 06 191.70 191.90 0.20 0.20 12.84 Gnat Lake Fault 197.30 197.50 0.20 0.15 1.74 Gnat Lake Fault
JJ05 - 07 60.20 60.90 0.70 0.54 14.64 Red Zone 1 78.50 80.10 1.60 1.03 12.56 Red Zone 2
The Jojay property is a joint venture between Wescan, holding a 25% interest, and Claude Resources Inc., holding a 75% interest. Wescan is the project operator. The diamond drill program was designed, supervised and reported on by J.W. Murton, P.Eng. Mr. Murton is a member of the Association of Professional Engineers and Geoscientists of the Province of British Columbia. Assaying was completed at TSL Laboratories Inc. in Saskatoon, Saskatchewan. Metallics assay procedures were used on certain samples to more accurately report the presence of free gold. Frank Hrdy, MSc., MBA, P.Geo., Exploration Manager for Wescan, has reviewed this News Release and is a Qualified Person in accordance with National Instrument 43-101.
Wescan is a Canadian based Company engaged in the acquisition, exploration and development of mineral properties. Shore Gold Inc. owns 22% of Wescan's fully diluted common shares.
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