Wescan Goldfields Inc. Announces Grant Of Options

November 16, 2004

George Sanders, President of Wescan Goldfields Inc. ("Wescan"), is pleased to announce that Wescan has granted an aggregate of 1,100,000 options to acquire common shares in the capital of the Company to directors, officers and consultants. The options are exercisable into common shares of Wescan at a price of $0.30 per share for a period of five years from the date of grant.

Wescan is a Canadian-based corporation engaged in the acquisition, exploration and development of mineral properties. Shares of the Company trade on the TSX Venture Exchange under the trading symbol "WGF".

For further information please contact:

Kenneth E. MacNeill, Chairman and C.E.O. or George Sanders, President at (306) 664-2202.

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“The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.”