Vulcan Minerals Inc.-Drilling Rig Arrives in Western Newfoundland
* Reuters is not responsible for the content in this press release.
ST. JOHN'S, NEWFOUNDLAND AND LABRADOR, Jun 26 (MARKET
WIRE) --
Vulcan Minerals Inc. ("the Company") (TSX VENTURE: VUL) is pleased to
announce that Stoneham Rig 11 has arrived at the Port of Stephenville and
has been unloaded and transported to the Robinson's #1 drill site in
western Newfoundland. The Robinson's #1 well is planned to a total depth
of 3600 metres and will be the first deep well in the Bay St. George
Basin. The well is expected to commence drilling in a matter of days. It
is the company's intention to provide ongoing reports of significant
operational milestones but material results will only be released when
fully assessed and evaluated. Robinson's #1 is being drilled pursuant to
a joint venture with Investcan Energy Corporation.
Vulcan is a diversified junior exploration company focussed on petroleum
exploration in the under-explored Western Newfoundland area and also
holds mineral interests in areas strategic to its operations in
Newfoundland and Labrador.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release. The
statements made in this News Release may contain certain forward-looking
statements. Actual events or results may differ from the Company's
expectations. Certain risk factors may also affect the actual results
achieved by the Company.
There can be no assurance that forward-looking information will prove to
be accurate. Should one or more of these risks and uncertainties
materialize, or should underlying assumptions prove incorrect, actual
results may vary materially from any conclusions, forecasts or
projections described in the forward-looking information. Accordingly,
readers are advised not to place undue reliance on forward-looking
information. Except as required under applicable securities legislation,
the Company undertakes no obligation to publicly update or revise
forward-looking information, whether as a result of new information,
future events or otherwise.
Shares Issued: 44,554,301
Contacts:
Vulcan Minerals Inc.
Mr. Patrick Laracy
President
Vulcan Minerals Inc.
Ms. Gerri MacNeil
Business Manager, Investor Relations
709-754-3186
709-754-3946 (FAX)
info@vulcanminerals.ca
Website: www.vulcanminerals.ca
Copyright 2009, Market Wire, All rights reserved.
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