| | SATURN MINERALS INC. (SMI.v) |    |
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cvac01
Seasoned Veteran
Joined : 29 Mar 2008
Posts : 253
 |  Subject: Re: SATURN MINERALS INC. (SMI.v)  Fri Sep 12, 2008 8:07 am | |
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Saturn Minerals, Swift Resources hire Ryan as adviser
2008-09-10 10:37 ET - News Release
Also News Release (C-SWR) Swift Resources Inc
Mr. Mike Elson reports
SATURN MINERALS & SWIFT RESOURCES RETAIN BARRY RYAN FOR SASKATCHEWAN JOINT-VENTURE
Saturn Minerals Inc. and Swift Resources Inc. have retained Dr. Barry Ryan, PhD, PGeo, in a technical advisory capacity for the companies' Saskatchewan coal joint venture (see Saturn and Swift news in Stockwatch on May 28, 2008).
For the past 18 years (1989 to 2008), Dr. Ryan has been the coal and coalbed methane specialist for the Ministry of Energy, Mines and Petroleum Resources, British Columbia. During this period he published numerous coal and CBM studies providing a resource of information on coal and CBM in British Columbia.
Prior to 1989, Dr. Ryan was employed in industry for eight years with Crowsnest Resources Ltd., a subsidiary of Shell Canada. He held various positions with Crowsnest, including manager geology, responsible for coal exploration in British Columbia and Alberta. Prior to his position with Crowsnest, Dr. Ryan worked at the University of British Columbia from 1976 to 1981 as a research associate and assistant lecturer.
Dr. Ryan is a graduate of the University of British Columbia, BSc, honours geology (1967); professional teacher's certificate (1971); and attained his doctorate from the University of British Columbia in 1973 (structural geology and isotope studies). From 1973 to 1975 he completed a postdoctoral fellowship at the University of Witwatersrand, South Africa (isotope studies).
Dr. Ryan will work with Dr. Krzysztof Mastalerz, PhD, PGeo, the companies' project geologist, on the companies' Saskatchewan coal joint venture. |
|  | | cvac01
Seasoned Veteran
Joined : 29 Mar 2008
Posts : 253
| | Subject: Re: SATURN MINERALS INC. (SMI.v) Fri Sep 12, 2008 8:04 am | |
| Saturn Begins 2008 Drill Program on Beavis Listwanite Lode-Gold Property
8/14/2008 2:29:07 PM - Market Wire
VANCOUVER, BRITISH COLUMBIA, Aug 14, 2008 (Marketwire via COMTEX News Network) --
Saturn Minerals Inc. (TSX VENTURE:SMI) ("Saturn" or the "Company") announces that diamond drilling has begun on the Beavis property located immediately north of the town of Atlin, BC. The Beavis is a potential listwanite lode-gold property on which an inclined shaft (now flooded) was sunk in 1904 and development work was done on two underground levels. The property has not been previously drilled.
In spring of 2008 Saturn personnel completed a sampling program consisting of 89 rock samples which were submitted for fire assays and ICP analysis. Several samples returned elevated values of gold (up to 1,196.20 g/t Au) and silver (up to 537.3 g/t Ag), see chart below for selected samples.
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Gold (Au) Silver (Ag)
Sample g/tonne g/tonne Vein/Structure Remarks
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BE08-KM09F 18.85 218.4 Beavis
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BE08-KM11D 17.36 41.3 Beavis
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BE08-KM11E 1196.20 537.3 Beavis
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BE08-KM16 45.56 28.91 New Chip sample 35 cm
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BE08-KM3-04 26.47 6.4 Phillips Chip sample 130 cm
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BE08-KM3-06 32.87 37.9 Phillips Chip sample 170 cm
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Kluane Drilling Ltd. of Whitehorse, Yukon, has been contracted for the Beavis drilling program.
The Beavis drill program is being conducted under the direction of Dr. Krzysztof Mastalerz, Ph.D., P.Geo., a Qualified Person under 43-101 standards, who has reviewed and approved the technical contents of this news release.
SATURN MINERALS INC.
Mike Elson, President & Chief Executive Officer
SOURCE: Saturn Minerals Inc.
Saturn Minerals Inc. Stan Szary (604) 685-6989 (604) 687-1327 (FAX) Email: stan.szary@telus.net / stefan.szary@telus.net Website: www.SaturnMinerals.com |
| | | | cvac01
Seasoned Veteran
Joined : 29 Mar 2008
Posts : 253
| | Subject: Re: SATURN MINERALS INC. (SMI.v) Fri Sep 12, 2008 8:02 am | |
| Saturn Minerals and Swift Resources Receive Additional Comfort Letter for Coal Permit Applications
7/17/2008 5:32:32 PM - Market Wire
VANCOUVER, BRITISH COLUMBIA, Jul 17, 2008 (Marketwire via COMTEX News Network) --
Saturn Minerals Inc. (TSX VENTURE:SMI) ("Saturn") & Swift Resources Inc. (TSX VENTURE:SWR) ("Swift") (the "Companies"), announce that a Comfort Letter has been received from the Saskatchewan Ministry of Energy and Resources in regard to 117 coal permit applications submitted on behalf of the Companies on May 28th and May 29th covering a total of 89,856 hectares of which 89,088 hectares have been given "priority status" (116 of 117 applications). With the receipt of this "Comfort Letter" the total area of coal dispositions applied for by Saturn & Swift for which Comfort Letters have been received with "priority status" is 234,240 hectares (2,342.4 sq. km).
Comfort Letters include a list of dispositions applied for, the dates of the submissions, land descriptions, boundary plans, affirmation of fee payments and first year rent, the allocated Coal Prospecting Permit (CPP) numbers, and whether the submissions have priority over other applications. The "Comfort Letter" confirms that a majority of permits applied for are "first in line" and will be given priority sequence. The final granting of the coal permits is dependent upon government regulatory approval and time required to process the applications, which is at the discretion of the Government of Saskatchewan. Granting of coal permits is subject to a final review of "each application indicating he nature of the work and money to be expended". The "Comfort Letter" is not a guarantee that all or any of the permits will be issued to the Companies, only that the Companies are first in line for the permits.
Dr. Krzysztof Mastalerz, P.Geo, Qualified Person for Saturn and Swift, as defined by NI 43-101 standards, is currently coordinating research of the Lower Cretaceous sedimentary basin development in east-central Saskatchewan, in regards to the Mannville Group which hosts the discovery reported by Goldsource Mines Inc. Subject to final permitting and in sequential order the Companies are scheduling a preliminary exploration program for the 2008 field season.
Saturn Minerals Inc.
Swift Resources Inc.
Mike Elson, President
SOURCE: Saturn Minerals Inc.
Swift Resources Inc. and Saturn Minerals Inc. Stan Szary Director (604) 685-6989 (604) 687-1327 (FAX) Website: www.Swiftres.com / www.SaturnMinerals.com |
| | | | cvac01
Seasoned Veteran
Joined : 29 Mar 2008
Posts : 253
| | Subject: Re: SATURN MINERALS INC. (SMI.v) Fri Jul 04, 2008 12:24 am | |
| | July 3, 2008 | | Saturn Minerals Closes Financing With Loeb Aron & Company Ltd. | VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 3, 2008) - Saturn Minerals Inc. (TSX VENTURE:SMI) ("Saturn" or the "Company") is pleased to announce that further to the Company's news release dated May 12, 2008, Saturn has closed the non-brokered private placement (the "Financing") with Loeb Aron & Company ("Loeb Aron"). The private placement consists of the issuance of 562,500 units at $0.32 per unit. Each unit consists of one common share and one-half of a non-transferable share purchase warrant ("warrant"). Each whole warrant will entitle the holder to purchase one additional common share of Saturn at a price of $0.35 per share until June 30, 2010.
Loeb Aron is a London based firm specializing in mining finance authorized and regulated by the FSA and a Member of the London Stock Exchange and of Plus Markets.
All securities issued pursuant to the Financing have a hold period expiring October 31, 2008.
The Company also wishes to announce that all resolutions put forward at Saturn's Annual General Meeting ("the Meeting") held on June 27, 2008, were passed. Subsequent to the Meeting, and pursuant to the Company's Stock Option Plan, Saturn has granted to employees, consultants and directors options to purchase a total of 2,000,000 shares of the Company at $0.50 per share, exercisable until July 3, 2013.
Grant of the options is subject to the approval of the TSX Venture Exchange.
SATURN MINERALS INC.
Mike Elson, President & Chief Executive Officer
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release. |
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| | | | cvac01
Seasoned Veteran
Joined : 29 Mar 2008
Posts : 253
| | Subject: Re: SATURN MINERALS INC. (SMI.v) Fri Jun 13, 2008 1:14 pm | |
| Hi all,
Watched this one trade all day today and it was very impressive. Close near its high of day (HOD), which is bullish for Mondays open.
They were the first company to submit coal permits after GXS. For those unfamiliar with GXS there stock went from .20 to $7 in a matter of weeks and is much higher even today based on their coal finds in Sasky that cause the permit and staking rush.
Keep an eye on this one Monday Morning.
Cheers,
cvac01 |
| | | | cvac01
Seasoned Veteran
Joined : 29 Mar 2008
Posts : 253
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