Westcore Energy Ltd.
TSX VENTURE : WTR

July 07, 2009 12:29 ET

Westcore Announces Completion of Airborne Survey On Hudson Bay North Coal Permit Block

CALGARY, ALBERTA--(Marketwire - July 7, 2009) - Westcore Energy Ltd. ("Westcore" or the "Corporation") (TSX VENTURE:WTR) reports that approximately 734 line kilometres of an in-fill, Geotem EM airborne survey on their Hudson Bay North coal permit block, located in east-central Saskatchewan, has been completed by Fugro Airborne Surveys of Ottawa (see accompanying Figure). This permit block is located immediately north of Goldsource Mines' Border Property and is considered the higher-priority target of the two Westcore permit blocks in Saskatchewan. Due to the regional southwest dip of the Lower Cretaceous Mannville units and the potential for coal to occur at shallower depths to the northeast, the Hudson Bay North Block will be the main focus area of this drilling campaign.

The Fugro data is currently under review to prioritize coal targets to be drill-tested this year. Plans are on-going to initiate a summer drilling program on those targets accessible by road. All other targets will be drill-tested this winter when ice roads can be constructed through wetlands that are inaccessible during summer months.

Paul Conroy, CEO, states: "Westcore has the advantage of using the results we obtained from our 2009 winter drilling program on the Black Diamond Property to interpret the geophysical signature occurring over known coal deposits. This greatly enhances our chances of selecting high-quality targets from the new data set. We look forward to beginning our drilling program once our permits are in place."

Ellen MacNeill, Professional Geoscientist in the Province of Saskatchewan and Qualified Person for this news release, has reviewed and approved its contents.

Forward Looking Statements

Except for statements of historical fact relating to the Corporation, certain information contained herein constitutes forward-looking statements. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. Except as required by applicable securities requirements, the Corporation undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

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Contact Information

  • Westcore Energy Ltd.
    Paul Conroy
    President and Chief Executive Officer
    (403) 697-4005
    (403) 263-0271 (FAX)