Wolfden Resources Corporation: Wolfden Commences Expansion Drill Program of Strategic Metal Ni-Cu-Co Deposit
Company or
is pleased to
announce that the Company has commenced a 2,300 metre (6-8 hole) diamond drill program designed to expand its wholly owned Rice Island strategic-metal nickel-copper-cobalt deposit with support of a $230,000 grant from the Manitoba Government Mineral Development Fund. The deposit is well located near the town of Snow Lake and its existing infrastructure that includes power, an experienced mining work force and operating mineral processing facilities.
The Rice Island Ni-Cu-Co-PGE sulphide deposit is comprised of a keel of higher-grade mineralization that returned 14.7 metres grading 3.63% nickel, 1.13% copper, 0.12% cobalt (March 22, 2016, true width approx. 5m) and a feeder-dyke-type zone that returned 21.1 metres of 2.4% nickel, 1.3% copper and 0.16 g/t PGE
Drill Program to commence on its Rice Island Strategic-Metal Ni-Cu-Co Deposit THUNDER BAY, ON / ACCESSWIRE / February 18, 2021 / Wolfden Resources Corporation (TSXV:WLF) (the "Company" or "Wolfden") is
WOLF DEN Cub Scouts from Pack 16 put together their own Raingutter Regatta with the help of leader Andy Fiedler.
Despite the novel coronavirus pandemic, Boy and Cub Scouts still meet (albeit via Zoom), participate in activities together (outdoors and socially distanced), and explore new territory (though maybe closer to home).
Cub Scouts Pack 16
Cubmaster Alexandra Liston of Cub Scouts Pack 16 (for grades kindergarten to 5th), which meets through St. Brendan School, said that she and Pack 16 scout leaders have been doing their best to keep kids engaged.
The Wolf Den (2nd grade), part of Pack 16, led by Andy Fiedler, had its own private Raingutter Regatta the sailboat equivalent of the Pinewood Derby.
Wolfden Resources Corporation: Wolfden Arranges $2M Financing with its Strategic Partners Altius Minerals Corporation and Kinross Gold Corporation
Wolfden Resources Corporation
Company )
Altius ) and Kinross Gold Corporation (K.T) (
Kinross ) for a non-brokered private placement of 6,250,000 common shares of the Company (
Common Shares ) at a price of C$0.32 per Common Share for gross proceeds of $2 million (the
Offering ). Upon closing, Altius will hold approximately 12.5% and Kinross will hold approximately 11.4% of the issued and outstanding shares of the Company.
The majority of the proceeds from the Offering will be used to continue exploration at the Company s 100%-owned Pickett Mountain high-grade polymetallic deposit and also at its recently optioned Big Silver project, both located in Maine, USA. As part of the terms of the subscription agreement, the Company will continue to collaborate on technical programs related to the exploration and development of the proje
Wolfden Resources Corporation: Wolfden Reports Additional High Grade in Footwall Lens at Pickett Mt
THUNDER BAY, ON / ACCESSWIRE / January 11, 2021 / Wolfden Resources Corporation
(TSXV:WLF) ( Wolfden
is pleased
to report additional positive step-out drill results proximal to the known polymetallic mineral resource of the Company s wholly owned Pickett Mountain deposit in Northeastern Maine.
Hole PM20-07 intersected 52.9% ZnEq over 0.75 metres that is comprised of 24.2% Zn, 11.2% Pb, 3.1% Cu, 514 g/t Ag and 2.1 g/t Au from 678.7 to 679.45 metres down the hole. The intersection occurs in a footwall lens that roughly parallels the East and West Lenses, 150 metres to the north. The intercept has an estimated true width of 0.52 metres and is situated approximately 100 metres to the east of holes PM18-31 and 31A (a wedge hole off 31) that previously intersected the same footwall lens returning 24.7% ZnEq over 7.1 meters and 9.0% ZnEq over 9.1 metres (5.7 and 7.8 metres true width).