Wescan Goldfields Inc. has recently completed a 2,000 metre drill program on it’s Jojay Gold Project which is located in the La Ronge Gold Belt in northern Saskatchewan. This follows on from the summer 2011 diamond drill program and the NI 43-101 compliant resource estimate and recommendations by ACA Howe International Limited (“ACA Howe”) for future work (see Wescan News Release February 4, 2010). Wescan now is planning to complete a Preliminary Economic Assessment and updated National Instrument 43-101 compliant Resource Estimate and Technical Report on the Jojay Deposit with results available by the end of Q2, 2012.  

The intent of the Jasper Gold Project drill program was carried out following the examination of Wescan’s 2005 and 2006 diamond drill programs on the Jasper Gold deposit and recommendations of the Technical Report completed by A.C.A. Howe International Limited dated November 30, 2005. The Jasper Gold deposit was previously mined by Cameco from June, 1990 to December 9, 1991. According to Cameco’s final production records, average mill feed grade was 18.9 g/t Au (0.55 oz/t Au) on 140,127 tonnes, producing 82, 704 ounces of gold. The 2011 summer drill program included a total of 2,313.5 metres of drilling over 9 holes and was completed during the third quarter of 2011. Results from this program can be found on the web site dated  December 8, 2011 news release. The goal now is to complete a National Instrument 43-101 Resource Estimate on the remaining mineralized zones on the Jasper Deposit..

Wescan will also be preparing a reconnaissance program on its Munro Lake property following the Magnetic and Electromagnetic (TEMPEST®) airborne geophysical survey completed on Wescan’s Munro Lake property in June 2011. Munro Lake is located north of La Ronge Saskatchewan where the survey was conducted by Fugro Airborne Surveys of Ottawa, Ontario. This airborne geophysical survey was conducted to assist in the interpretation of historic soil sampling and prospecting programs which identified anomalous gold targets throughout the property. The company now will initiate a field work program based on interpretation of the airborne geophysical survey and previous exploration which was completed to date. 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.