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Stockinvestors.net initiates coverage on Saturn Minerals Inc.

By: Admin
Date Added : March 29, 2011 Views : 258
Rate Author : Current : 2.93 /5
Rate this PR : Current : 2.59 /5



Saturn Minerals Inc. (TSX-V:SMI) is a junior Canadian energy & resources company advancing a portfolio of energy and resource assets in Saskatchewan, Manitoba and British Columbia.

The Company`s first major coal discovery was made in 2009 in Eastern Saskatchewan with exploration ongoing. The Company continues to build strategic relationships throughout Saskatchewan to pursue new opportunities and advance current projects in the Saskatchewan share of the Western Canadian Sedimentary Basin.

Saturn Minerals recently announced that it has received all requisite drill and work permits and has mobilized a diamond drill from Tisdale, Saskatchewan for an exploratory drill program on the Overflowing coal property located in Manitoba. The Overflowing property adjoins the eastern border of the JV Coal Property held by Westcore Energy Ltd. (WTR: TSX.V) and 49 North Resources Inc. (FNR: TSX.V) where combined intersections of 84 metres of two coal seams were encountered in recent drill tests of geophysical targets.

The 2011 Overflowing drill program is designed to test specific geophysical targets as identified in an airborne gravity survey which was completed over the Overflowing property in December, 2010 and indicated by an airborne GEOTEM survey completed in 2009. Current targets on the Overflowing will be drill tested to update the Company's proprietary geological model of the coal-bearing basins in relation to a system of paleovalleys and paleokarst-related depressions throughout the Company's various properties in Saskatchewan and Manitoba.

Stockinvestors.net believes Saturn Minerals Inc. to be greatly undervalued and will continue to cover this stock.

More information on Saturn Minerals Inc. is available at http://www.saturnminerals.com

StockInvestors.net is an independent news service offering information on publicly traded companies.

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All material herein was prepared by StockInvestors.net (SINET) www.stockinvestors.net based upon information believed to be reliable. The information contained herein is not guaranteed by SINET to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only.




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