Micron Enviro Systems, Inc. announces that is has received final approval on 8 additional coal permits comprising of 12,172 acres. Further permits are anticipated to be awarded within the coming weeks. Once all permits are received, the company will formulate a work program going forward. These permits are located in close proximity to a recent major new coal discovery in Saskatchewan Canada made by Goldsource Mines Inc. Micron now has approximately 34,628 acres of prospective coal land.
Bradley Rudman, president of Micron stated, “This is significant news for MENV. We made the applications many months ago and are now finally receiving approval on these. We anticipate receiving additional permits in the near future as well. The coal prospect is in the same vicinity as Goldsource Mines Inc. Goldsource is scheduled to start a major drill campaign on their coal prospect that drove their stock in 2008 from $0.30 to over $19 per share. Not only is MENV anticipating additional coal permits to be granted, but management is continuing to evaluate opportunities in other areas with significant upside potential, including potash. Management is excited about the prospects for growth in 2009.”