Micron Enviro Systems, Inc. has submitted additional coal permits encompassing approximately two additional townships (approximately 40,000 acres) in east central Saskatchewan, Canada. This would give Micron a potential claim area of approximately 63,000 acres of which the Company would have a 100% ownership in should it be successful in the bid process. This acreage is in close proximity to a recent new coal discovery made by Goldsource Mines Inc. There are no guarantees that any of these proposed permits will be awarded to Micron.
Bradley Rudman, president of Micron stated, "It appears that this area may host a new major coal deposit. Goldsource's shares have risen from $0.30 to $6.75 in the past few trading sessions since announcing this potential new coal deposit. Micron was able to be one of the first to stake land shortly after the Goldsource discovery. We are now attempting to increase this potential land position and management anticipates adding additional prospects in the future. When you factor in this tremendously exciting prospect with our substantial land position in the Alberta Oilsands, clearly the Company seems to be turning in the right direction."
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Micron Enviro Systems
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