Wescan Goldfields Inc. announced the results of its VTEM (Versatile Time Domain Electromagnetic), and Magnetic Gradiometer airborne
geophysical survey on its 100% owned Jojay Gold Property located 135 kilometers north of La Ronge Saskatchewan. The airborne geophysical survey and interpretation was conducted by Geotech Limited (Geotech) of Aurora, Ontario. The new magnetic gradiometer data traces the Jojay Structural Zone for approximately 3 kms to the south of the Jojay gold deposit and 0.5 kms to the north which extends the original 1 km zone by more than triple in length. The Jojay Structural Zone was defined by historical airborne and/or ground geophysics and surface geological mapping. The survey also identified two prospective target zones for gold which should be followed up by surface exploration. These prospective target zones lie on intersections of major North-South trending structures and cross cutting faults with close proximity to prominent intrusives similar in area of the Jojay deposit. One of these target zones of interest lies on the southern tip of the interpreted continuation of the Jojay Structural Zone that hosts the Jojay gold deposit. The airborne geophysical survey utilized Geotech's VTEM plus® time domain and magnetic gradiometer system. The observed VTEM anomalies which are geologic in nature, are concentrated in the southern portion of the property area, and appear to align themselves with the observed northeastern linear trend of the historic Jolu mine. There are three other VTEM anomalies, aligned with the linear trend of the Jolu mine (one more to the northeast), extending even further north of the main VTEM anomaly. Results of Geotech's Maxwell 2.5D plate modeling indicates that the southern VTEM anomaly is made up of two separate VTEM conductors with one major VTEM conductor striking over 700m with a dip extent of 200m. This VTEM conductor is subsurface, steeply dipping and thin in nature. Drill testing has been recommended for testing this VTEM anomaly. Three localized VTEM anomalies to the north of the main Jojay gold deposit area were also identified and flagged for ground prospecting with one identified for drill testing.