Wescan Announces Grant of Options

August 2, 2006

Wescan Goldfields Inc. (“Wescan” or the “Company”), announces that the Company has granted an aggregate of 500,000 options to acquire common shares in the capital of the Company to an officer of the Compamy. The options are exercisable into common shares of the Company at a price of $0.50 per share for a period of five years from thedate 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:

Maurice (Moe) F. Lindsay, President at (306) 664-2422.

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