Wescan Goldfields Provides Update On Munro Lake Project; Shares Near Yr Lows

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Wescan Goldfields Inc. (WGF.V), near a year low 2 cents, announced the results of the winter drill program on its Munro Lake Gold Property, located approximately 7 kilometers north of Claude Resources' (CRJ.TO, CGR) Seabee gold mine/mill complex and 4.5 kilometers north of Claude's Santoy 8 mine. The Munro Lake Project is an early stage gold exploration play which encompasses the northeast projection of the E-W Laonil Shear Zone which is the main deposit control structure for the Seabee Mine gold mineralization and contains a prominent 6.5 kilometre long NW-SE trending structure which is a continuation of the structure that hosts Claude's Santoy 2, 3 & CRJ 100 gold showings.

Wescan said: "Historical drilling on the CRJ100 gold showing by Claude have reported grades of up to 38.4 g/t over 0.9m. This lies less than 0.5 km to the SE of the Munro Lake property boundary. The NW-SE trending structure contains numerous gold showings along its entire length and extends from the Santoy 2, 3 and CRJ 100 gold showings all the way through Wescan's property. This same structure also extends to Claude's most northerly disposition and their Trident exploration target."

It added: "The winter drill program included a total of 1,052.34 metres of diamond drilling over 4 holes. The program was designed to test areas of anomalous gold in the long NW-SE trending structure identified from historic ground prospecting. Three (3) holes (EXML-001, 002 & 004) were drilled in the southeastern (metavolcanics), and one (EXML-003) in the northwest (granodiorite), extent of the structure. In the southeast all holes intersected anomalous gold in shear hosted quartz/pyrite veins highlighted by an interval of 67.1 g/t Au over 1.00 in EXML-002 in a vein with associated visible gold and 7.1 g/t Au over 1.00 m in hole EXML-001. In the northeast hole (EXML-003) intercepts were also well above background in two pyritised shears within the granodiorite."



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