Wescan Goldfields Inc. press release
Wescan Goldfields Inc. - Second drill working at Jasper
TSXV - TSX Venture Exchange · Gold · Canada
Stock Symbol: WGF: TSX-VEN
SASKATOON, Dec. 2 /CNW/ - George Sanders, President of Wescan Goldfields Inc. ("Wescan"), reports that a second drill has arrived at the Jasper gold project to expedite the recently announced 3,600 metre drill program. The first hole, JS05-21, was drilled to test the extension of the DMZ zone at depth. The DMZ zone is a structure parallel to and 300 metres east of the Jasper shear zone. Limited drilling by previous operators only tested the structure to a depth of approximately 70 metres. Hole JS05-21 pierced the zone at a vertical depth of approximately 250 metres. The zone has been logged, sampled and sent for assay. Drilling is currently progressing on holes JS05-22 and JS05-23. Hole JS05-22 is targeting an open area below an untested area that was recommended by A.C.A. Howe International Limited in their June 2003 report. This hole will be drilled to approximately 420 metres below surface and will be one of the deepest holes ever drilled on the Jasper structure. Hole JS05-23 is targeting the northern extension of the newly identified Deep Jasper (DJ) zone. Crews have just completed installation of an expandable fourteen person camp. Although the earlier programs were serviced from near-by commercial accommodation, the camp will provide long run cost savings and better facilitate on-site project management, particularly during an anticipated underground exploration phase. A near surface portion of the Jasper shear zone was mined by Cameco Corporation ("Cameco") as a satellite deposit during 1990-91. During this original production period some 155,000 tons at a recovered grade of 0.54 opt Au were processed at Cameco's nearby Star Lake mill. Wescan owns 100% of the Jasper deposit and surrounding Fork Lake property. The diamond drill program is designed, supervised and reported on by Frank Hrdy, MSc., MBA, P.Geo., Wescan Exploration Manager. Mr. Hrdy is a member of the Association of Professional Engineers and Geoscientists in the provinces of Saskatchewan and Manitoba and pending in Ontario. He has reviewed this News Release and is a Qualified Person in accordance with National Instrument 43-101. 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".
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