SMI was the first to apply for permitshttps://saturnminerals.com/images/Corp_Update_May_web.pdf
April 28
Goldsource Mines Inc. announces two drill core intersections of coal approx. 22
and 35 meters in thickness, 40 km NE of Hudson Bay in East-Central Sask.
The intersections are 1.64 km (1 mile) apart
April 28
Representatives of Saturn Minerals Inc. begin submitting coal permits at the
Saskatchewan Ministry of Energy & Resources offices in Regina
May 1
Saturn Minerals announces that the Company’s representatives have submitted
coal permits in the area of Goldsource’s announced coal discovery
May 5
Goldsource Mines Inc. announces that the coal from the two discovery holes
grades as High Volatile Bituminous C and Sub-Bituminous B
May 27
Saturn Minerals announces receipt of a Comfort Letter regarding 125,952
hectares (1,259.52 sq. km) of ground applied for
Saturn announces a Joint Venture with Swift Resources Inc. (TSX.V – SWR) on
the Saskatchewan coal permits (for more info, see www.Swiftres.com)
Saturn and Swift will hold any permits granted on the basis of their financial
contributions to acquire the project, being 60% Saturn and 40% Swift
Saturn will be operator during the term of the agreement
May 30
Saturn Minerals Inc. & Swift Resources Inc. announce that the companies have
submitted applications for an additional 89,856 hectares (898.56 sq. km.) overlying
existing Petroleum & Natural Gas Concessions, previously restricted from coal
exploration and made available on May 27 by the Government of Saskatchewan