WESCAN INITIATES AIRBORNE GEOPHYSICAL SURVEY AT MUNRO LAKE
June 22 2011 - 9:30AM
PR Newswire (Canada)
SASKATOON, June 22, 2011 /CNW/ -- Stock Symbol: WGF: TSX-V
SASKATOON, June 22, 2011 /CNW/ - Wescan Goldfields Inc. ("Wescan"
or the "Company") is pleased to announce the Company will conduct a
Magnetic and Electromagnetic (TEMPEST(®)) airborne geophysical
survey on Wescan's Munro Lake property located north of La Ronge
Saskatchewan. The survey will be conducted by Fugro Airborne
Surveys of Ottawa, Ontario. This airborne geophysical survey is
being conducted to assist in the interpretation of historic soil
sampling and prospecting programs which identified anomalous gold
targets throughout the property. The survey will aid in identifying
potential mineralized zones which could be associated with surface
geochemical anomalies. The Munro Lake Gold Project is located just
7 kilometers north of the Seabee mine/mill complex and is along
strike of the Santoy gold zones which currently feed the Seabee
mill. Ms. Tabetha Stirrett, P.Geo, of North Rim Exploration Ltd. is
acting as the Company's Qualified Person as defined by NI 43-101
guidelines and approves of the content of this release. 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, the
identification of mineralized zones and their association with
geochemical anomalies. 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 gold 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. We
caution 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. To view this news release in HTML
formatting, please use the following URL:
http://www.newswire.ca/en/releases/archive/June2011/22/c8265.html p
Mark Shimell, Vice President of Exploration or Darren Anderson,
President at (306) 664-2422 /p
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