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Message: Wescan drills 12.90 m. coal zone at Hudson Bay and 14.80 m. at Pinehouse Lake

Wescan drills 12.90 m. coal zone at Hudson Bay and 14.80 m. at Pinehouse Lake

posted on Jan 18, 2010 03:48PM

Wescan drills 12.90 metre coal zone at Hudson Bay and 14.80 metre coal zone at Pinehouse Lake

	    Stock Symbol: WGF: TSX-V

	    SASKATOON, Jan. 18 /CNW/ - Wescan Goldfields Inc. ("Wescan" or the
"Company") is pleased to announce that Phase 1 drilling has been completed on
its 100 percent owned Hudson Bay and Pinehouse Coal Properties. At Hudson Bay,
coal was intersected in 21 out of 40 drill holes, with a maximum coal zone
thickness of 12.90 metres. These initial coal discoveries will direct the
drilling locations in the upcoming 2010 Phase 2 Drill Program, aimed at
targeting thicker intersections of coal. Coal zones ranged from continuous
coal seams to coal zones with interbedded sand and carbonaceous material, with
coal ranging from bright to dull. Eight holes contained coal zones greater
than 5 metres thick. Several drill holes also contained more than one
intersection of coal, suggesting the presence of multiple coal horizons (see
Table 1).
	    Drilling results from the Phase 1 program indicates that the prospective
area for coal is much greater than previously anticipated in the Hudson Bay
area. Coal was intersected more than 50 kilometres to the west of and 10
kilometres to the south of previously reported coal intersections in the
region, including intersections of coal northwest of the Pasquia Hills. These
discoveries establish a new high priority focus for Wescan on four main areas
of interest: The Red Deer Property, Bonus Property, Rice Property and Man
River Property, proximal to Goldsource Mines Inc.'s Border Property hosting a
NI43-101 compliant Indicated and Inferred coal resource estimate of 153.1
million tonnes.
	    Phase 1 drilling results have provided an excellent geological
understanding of the regional sedimentary depositional environment. With this
new information, Wescan has developed a new geoscientific data framework aimed
to identify where sub-basins containing thicker intersections of coal may
occur. This data framework will utilize all new stratigraphic data obtained
from drill core and down-hole geophysics layered together with recently
acquired airborne geophysics in order to assist and prioritize future drill
targets on Wescan's four main areas of interest, which still remain 90 percent
unexplored. Exploratory core drilling is planned to continue throughout the
winter and with frozen ground, Wescan can now access previously inaccessible
drilling locations, which include some untested top priority Phase 1 targets.

	    <<
	    Table 1: Hudson Bay Coal/Carbonaceous Zones

	    -------------------------------------------------------------------------
	                              Coal/Carbonaceous Zone
	    -------------------------------------------------------------------------
	       Hole No.              From (m)             To (m)         Width (m)
	    -------------------------------------------------------------------------
	       HB09-02                38.00              39.00             1.00
	    -------------------------------------------------------------------------
	       HB09-06               116.70             121.70             5.00
	    -------------------------------------------------------------------------
	       HB09-10                74.70              77.74             3.04
	    -------------------------------------------------------------------------
	       HB09-11               125.22             130.64             5.42
	    -------------------------------------------------------------------------
	       HB09-13                69.60              70.20             0.60
	    -------------------------------------------------------------------------
	       HB09-14                58.70              58.92             0.22
	    -------------------------------------------------------------------------
	       HB09-15                37.00              38.80             1.80
	    -------------------------------------------------------------------------
	       HB09-18                62.77              63.12             0.35
	    -------------------------------------------------------------------------
	         and                  75.23              75.35             0.12
	    -------------------------------------------------------------------------
	         and                 101.50             114.40            12.90
	    -------------------------------------------------------------------------
	       HB09-19               132.81             133.43             0.62
	    -------------------------------------------------------------------------
	       HB09-21                99.09             102.22             3.13
	    -------------------------------------------------------------------------
	       HB09-22                62.75              63.30             0.55
	    -------------------------------------------------------------------------
	         and                  71.53              71.65             0.12
	    -------------------------------------------------------------------------
	         and                  99.09             111.64            12.55
	    -------------------------------------------------------------------------
	       HB09-23                87.38              95.55             8.17
	    -------------------------------------------------------------------------
	       HB09-24                60.79              62.50             1.71
	    -------------------------------------------------------------------------
	         and                 129.57             135.35             5.78
	    -------------------------------------------------------------------------
	       HB09-31                44.21              44.30             0.09
	    -------------------------------------------------------------------------
	       HB09-33                33.30              33.33             0.03
	    -------------------------------------------------------------------------
	         and                  62.45              62.50             0.05
	    -------------------------------------------------------------------------
	       HB09-35                41.69              42.15             0.46
	    -------------------------------------------------------------------------
	         and                  56.00              56.20             0.20
	    -------------------------------------------------------------------------
	         and                  65.35              65.55             0.20
	    -------------------------------------------------------------------------
	         and                  66.20              67.74             1.54
	    -------------------------------------------------------------------------
	         and                  68.70              69.79             1.09
	    -------------------------------------------------------------------------
	       HB09-36                44.28              44.31             0.03
	    -------------------------------------------------------------------------
	       HB09-37                74.90              75.10             0.20
	    -------------------------------------------------------------------------
	         and                  79.85              80.10             0.25
	    -------------------------------------------------------------------------
	         and                  80.95              82.38             1.43
	    -------------------------------------------------------------------------
	       HB09-38                64.26              64.67             0.41
	    -------------------------------------------------------------------------
	         and                  84.88              87.52             2.64
	    -------------------------------------------------------------------------
	         and                  93.44             100.27             6.83
	    -------------------------------------------------------------------------
	      HBSH09-09              199.60             205.86             6.26
	    -------------------------------------------------------------------------
	      HBSH09-10              209.80             211.53             1.73
	    -------------------------------------------------------------------------
	         and                 211.83             212.00             0.17
	    -------------------------------------------------------------------------
	    >>

	    Initial identification of the coal zone intervals/intersections (see
Table 1) is based on visual characteristics. The term 'carbonaceous zone' is
used here to describe a black to brown carbonaceous section that includes
coal, silty/sandy coal and partings of sedimentary units of sandstone to
mudstone. These latter sedimentary units, considered to be part of the
carbonaceous zone, contain variable amounts of coal fragments and stringers
that range in quantity from abundant to minor. Coal sampling is underway with
initial analytical results pending. Down-hole geophysics has been completed on
all core holes and adjustments to coal seam thickness may occur when reporting
final results. Hole numbers HB09-01, 03 - 05, 07 - 09, 12, 16 - 17, 20, 25 -
30, 32, 34, and HBSH09-13 had no significant coal or carbonaceous zones.

	    Pinehouse Lake, Saskatchewan

	    Wescan has initiated a coal exploration program on its 100 percent owned
property near Pinehouse Lake, Saskatchewan. The Company has 50 coal
dispositions; covering 38,304 hectares in an area where Mannville aged coal
(Cretaceous) is known to exist. Historical drilling in this region intersected
1 to 3 metre thick coal seams at approximately 50 metres below surface in a
region where overburden is limited.
	    The initial drilling of 8 completed drill holes confirmed the presence of
coal in 6 drill holes, with the largest carbonaceous zone up to 14.8 metres in
thickness in hole PHL09-J (see Table 2). Four holes contained coal zones
greater than 5 metres thick. All completed drill holes penetrated through the
Mannville section to the Paleozoic/Precambrian basement in order to identify
areas that may have formed basins necessary to host thick intersections of
coal. Definition of these basins in the Devonian paleosurface is critical to
exploring for Mannville-aged coal occurrences. Utilization of airborne
geophysics to identify such basins is currently being investigated.
	    This initial drill program at the Pinehouse Lake Property aimed to
confirm the historical coal intersections and obtain geological stratigraphic
data that will be used in developing a stratigraphic and structural model for
targeting thicker, near-surface coal seams. A second phase of drilling is
currently being planned by Wescan and positive results from this second phase
will lead to follow-up infill drilling to define a potential coal resource.

	    <<
	    Table 2: Pinehouse Lake Coal Intersections

	    -------------------------------------------------------------------------
	                              Coal/Carbonaceous Zone
	    -------------------------------------------------------------------------
	       Hole No.              From (m)             To (m)         Width (m)
	    -------------------------------------------------------------------------
	       PHL09-AA               46.95              50.63             3.68
	    -------------------------------------------------------------------------
	       PHL09-B                52.70              53.00             0.30
	    -------------------------------------------------------------------------
	         and                  56.85              63.87             7.02
	    -------------------------------------------------------------------------
	       PHL09-C                59.30              64.00             4.70
	    -------------------------------------------------------------------------
	       PHL09-I                50.30              63.75            13.45
	    -------------------------------------------------------------------------
	       PHL09-J                73.85              88.65            14.80
	    -------------------------------------------------------------------------
	       PHL09-K                58.60              65.20             6.60
	    -------------------------------------------------------------------------
	         and                  68.80              73.73             4.93
	    -------------------------------------------------------------------------
	    >>

	    Initial identification of the coal zone intervals/intersections (see
Table 2) is based on visual characteristics. The term 'carbonaceous zone' is
used in the same context as defined in Table 1 for Hudson Bay Coal
Intersections. The Company cautions against placing undue reliance on the
visual observations of the coal until the results of the analytical work have
been announced. Holes PHL09-D and E had no significant coal or carbonaceous
zones.

	    Location maps for the Hudson Bay and Pinehouse Lake Projects will be made
available on the Company's website at www.wescangoldfields.com

	    Vice President of Exploration, Kirsten Marcia, Professional Geoscientist
in the Province of Saskatchewan, is Wescan's Qualified Person responsible for
the design and execution of the program.

	    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, future drilling plans for the Hudson Bay and Pinehouse Lake
properties and the development of geological models.
	    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 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.
	    Wescan cautions 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.






-30-
	    /For further information: Darren Anderson, President or Kirsten Marcia,
Vice President of Exploration at (306) 664-2422/
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