WestCan Uranium Corp. Applies for Additional Saskatchewan Coal Permits
VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 19, 2008) - WestCan Uranium Corp. ("WestCan"; "the Company") (TSX VENTURE: WCU)(OTCBB: WCURF)(FRANKFURT: IAR) announces that the Company has made application for additional coal permits covering a new area of interest, in accordance with the Coal Disposition Act of Saskatchewan. The time frame for granting of the permits is dependent upon regulatory requirements to process the applications.
The Company has submitted applications for additional permits in the vicinity of Lac La Ronge, approximately 250 km north of Prince Albert, Saskatchewan. The decision to choose this property was made by Dr. K.W. Geiger Ph.D., P.Eng., P.Geo., a director of the Company, who was in Regina researching historical coal documents. Dr. Geiger felt this area was of considerable interest geologically and was easily accessed by gravel roads.
Management will keep WestCan shareholders aware of the status of the coal permits, which have been filed with the Saskatchewan Ministry of Energy and Resources, located in Regina, Saskatchewan.
Chris England, President & CEO of WestCan, commented, "The recent discovery of Coal deposits in east-central Saskatchewan has resulted in a "Coal Rush" with much of the available properties being targeted for permits. WestCan's management has become very selective in acquiring additional properties and Dr. Geiger is providing valuable guidance."
On behalf of the Board of Directors
Chris England, President and CEO
WestCan Uranium Corp.
Statements about the Company's future expectations and all other statements in this press release other than historical facts are "forward looking statements". The Company intends that such forward-looking statements be subject to the safe harbours created thereby. Since these statements involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from the expected results.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
FOR FURTHER INFORMATION PLEASE CONTACT:
WestCan Uranium Corp.
Chris England
President and CEO
(604) 694-0888
Email: info@westcanuranium.com
Website: www.westcanuranium.com
Source: WestCan Uranium Corp.
Related Categories
Press ReleasesStocks Mentioned
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
