Vulcan Minerals Inc.

Published : September 15th, 2009

Drilling Update - Robinsons #1

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September 15, 2009

 

 

Stock Symbol: TSX.V:VUL

Shares Issued: 44,562,301

 

Vulcan Minerals Inc. ? Drilling Update

 

Vulcan Minerals Inc. (?the Company? TSX-V: VUL) is pleased to announce that  the Vulcan ?Investcan Robinson?s #1 well, onshore western Newfoundland, is currently drilling ahead at 3110 metres.  The well is a frontier wildcat well designed to test a seismically defined structure in the Carboniferous aged Bay St George basin.  It is being drilled pursuant to a 50/50 joint venture with Investcan Energy Corporation.  The well has a projected total depth of 3600 metres.

 

As well, the Company reports that the second proposed drill location, Red Brook #2, has been constructed.  The drilling program is currently being finalized.  Red Brook #2 is situated approximately 10 kilometres west of Robinsons #1 and has a projected total depth of 2200 metres.  The objective of the current drill program is to test a variety of play types within the basin.

 

Vulcan is a diversified junior exploration company focused on petroleum exploration in the under-explored Western Newfoundland and Labrador areas 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

 

For information please contact:

Patrick J. Laracy, President

Gerri A. MacNeil, Business Manager, Investor Relations

(709) 754-3186

info@vulcanminerals.ca

www.vulcanminerals.ca

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Vulcan Minerals Inc.

EXPLORATION STAGE
CODE : VUL.V
ISIN : CA9289451044
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Vulcan Min. is a gold exploration company based in Canada.

Vulcan Min. holds various exploration projects in Canada.

Its main exploration properties are KINGURUTIK, TL, FLAT BAY, BUFFALO HILLS, MEDICINE HAT, CARBONEAR and GOOSE SOUTH in Canada.

Vulcan Min. is listed in Canada and in United States of America. Its market capitalisation is CA$ 7.0 millions as of today (US$ 5.2 millions, € 4.6 millions).

Its stock quote reached its highest recent level on June 06, 2008 at CA$ 1.59, and its lowest recent point on November 08, 2019 at CA$ 0.02.

Vulcan Min. has 58 530 000 shares outstanding.

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