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To: Traderworld1 who wrote (117123)	6/5/2008 10:55:26 AM
From: koan	Respond to of 312409

SWR: Swift Resources Inc (C-SWR) - News Release Saturn, Swift apply for another 117 coal permits 2008-05-30 13:55 ET - News Release Shares issued 11,653,500 SWR Close 2008-05-29 C$ 0.485 From News Release (C-SMI) Saturn Minerals Inc Mr. Mike Elson of Saturn reports SATURN & SWIFT SUBMIT 117 ADDITIONAL COAL PERMIT APPLICATIONS ON PREVIOUSLY RESERVED LAND GOVERNMENT OF SASKATCHEWAN LIFTS BAN OF COAL PERMITS OVER PETROLEUM & NATURAL GAS CONCESSIONS Saturn Minerals Inc. and Swift Resources Inc. have submitted to the Saskatchewan Ministry of Energy and Resources an additional 117 coal permit applications (the new applications), totalling 89,856 hectares overlying existing petroleum and natural gas concessions (PNG concessions) made available on May 27, 2008, for coal exploration by the Saskatchewan government. Coal permit and PNG concessions can now be issued over the same land without restriction. On May 28 and May 29, 2008, an additional 117 coal permit applications were submitted on behalf of Saturn and Swift over the previously unavailable PNG concessions. The northern boundary of the PNG concessions is located 19 kilometres south of the town of Hudson Bay, Sask. The applications were made in accordance with the Coal Disposition Act of Saskatchewan. The time frame for granting permits for the applications is in accordance with the regulatory process by the Saskatchewan government. Including the new applications submitted within the PNG concessions on May 28 and May 29, Saturn and Swift have now submitted applications for a total of 266,252 hectares (2,662.52 square kilometres) in the vicinity of the Goldsource Mines Inc. coal discovery as reported in Stockwatch on May 22, 2008. Of the 266,252 hectares applied for, Saturn and Swift have received a "comfort letter" for 125,952 hectares (see Saturn and Swift news release in Stockwatch on May 28, 2008). Saturn and Swift will hold all permits granted under the terms of the joint venture agreement described in their news release in Stockwatch of May 28, 2008 (60 per cent Saturn, 40 per cent Swift, with Saturn being the operator). The companies will provide additional information when it becomes available.