NEWS!VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 8, 2009) -Saturn Minerals Inc. ("Saturn") (TSX VENTURE:SMI) & Swift Resources Inc.("Swift") (TSX VENTURE:SWR) (the "Companies"), have entered into an agreementwith Fugro Airborne Surveys of Ottawa, Ontario, to conduct a 3,178line-kilometre airborne geophysical survey over the Companies' coal dispositionsnear the town of Hudson Bay, Saskatchewan. Approximately 200 line-kilometres ofthe airborne survey will be flown over properties in Manitoba for which theCompanies have made applications and await granting of title. (to see attachedmap, please click on the following link:
https://media3.marketwire.com/docs/SMI0508M.pdf)
TheSaskatchewan and Manitoba properties are held in accordance with theSaturn/Swift Joint-Venture agreement (news release, May 28, 2008).
Thissurvey will provide extensive magnetic and electromagnetic geophysical data overareas believed to be highly prospective for coal. The contract includes aBroadband GEOTEM Electromagnetic Magnetic survey as well as specializedgeophysical processing and interpretation to identify coal bearing sub-basins.The GEOTEM survey is designed to delineate all potential sub-basins in theDevonian basement which are favorable for the development of coal in theoverlying Cretaceous sediments.
The successful drilling of GEOTEM targetson adjacent properties by Goldsource Mines Inc. (GXS: TSX.V) and Westcore EnergyLtd. (WTR: TSX.V) have resulted in the discovery of coal intersections up to 100metres in vertical thickness. These discoveries have established the GEOTEMsystem as a powerful stratigraphic mapping tool for coal exploration in theHudson Bay region.
The Companies also announce that they havecommissioned the preparation of a NI 43-101 report which will incorporate theresults of the Fugro airborne geophysical survey and the recently completedgravity survey (news release, April 15, 2009).
Krzysztof Mastalerz,Ph.D., (P.Geo.), a qualified person under NI 43-101 standards, has reviewed andapproved the technical information contained in this news release.
SATURNMINERALS INC.
SWIFT RESOURCES INC.
Mike Elson,President
The TSX Venture Exchange has not reviewed and does notaccept responsibility for the adequacy or accuracy of the content of this newsrelease.