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Saturn said it had mobilised and commenced drilling at its Red Earth and Saskatoba coal projects.
The Red Earth property is operating under a joint venture agreement with Perth-based Jameson Resources, which has a 10% stake in the Red Earth property.
Jameson Resources can earn up to a 60% interest in the project by spending $870,000 in exploration over a three-year period.
Since 2009, Saturn Minerals has made two coal discoveries at its Saskatoba project, including an 89m-thick seam – one of the thickest ever encountered in Canada.
Saturn is fast advancing its portfolio of energy and resource assets in Saskatchewan.
It recently purchased the Little Swan oil and gas property immediately adjacent to its Armit coal property in Saskatchewan.
The Little Swan property is one of the largest oil and gas permits in the Saskatchewan province and is accessible by highway and extensive logging roads.
