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Wolfden Resources Corporation: Wolfden Commences Expansion Drill Program of Strategic Metal Ni-Cu-Co Deposit


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 ....

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