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Wolfden Resources Corp.

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Summary

Project:

Orvan Brook

Deposit:Orvan Brook
Location:Canada
Commodities:Zinc-Lead-Copper-Silver-Gold
Date:12/11/2017
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:11-12-2017: Wolfden Resources Corp. announces an Exploration/Drilling Update report for its Orvan Brook deposit at the Orvan Brook project. Drilling results incl. 2.9m @ 7.39% Zn, 2.58% Pb, 0.59% Cu, 128.4g/t Ag, 1.129g/t Au from 303.9m. THUNDER BAY, ON,
Resources:x
CP/QP:[Overall Report]: Donald Hoy (Internal)
ABSTRACT:THUNDER BAY, ON, Dec. 11, 2017 /CNW/ - Wolfden Resources Corporation (WLF:TSX-V) ("Wolfden" or the "Company") is pleased to announce results from recently completed diamond drilling on its 100%-owned Orvan Brook property (the "Property"). The Property is well located proximal to infrastructure, approximately 35 kilometres west of the City of Bathurst and 15 kilometres east-northeast of Trevali Mining Corporation's Caribou mine and mill facility, in the prolific Bathurst Mining Camp of northeastern New Brunswick. A total of 7drill holes comprising 2,629 metres, were completed during this phase of drilling on the Orvan Brook deposit. Of the 7 drill holes completed, 5 of the drill holes targeted the West Lens of the deposit (OB-17-15, 16, 17, 19 & 20) and 2 tested the deeper East Lens of the deposit (OB-17-18 & 21). Assays for holes 18-21 remain pending. Highlighting the assay results from the West Lens are intercepts of 7.86% Zn, 3.02% Pb, 0.10% Cu, 85.9 g/t Ag and .319 g/t Au over 2.30 metres in OB-17-15 and 7.39% Zn, 2.58% Pb, 0.59% Cu, 128.4 g/t Ag and 1.129 g/t Au over 2.90 metres in OB-17-17 (see longitudinal section). Additionally, holes OB-17-19 and OB-17-20 intersected 0.35 metres and 1.00 metres of massive sulphide, respectively. Notably, the West lens of the Orvan Brook deposit remains open to depth. Drill hole OB-17-18 tested the deeper East Lens in efforts to increase the tonnage of this lens. Here, historic drill holes intersected thicker intervals of base-metal mineralization including 8.15% Zn, 2.86% Pb, 0.28% Cu, 82.9 g/t Ag over 5.47 metres. Unfortunately, the presence of faulted sediments above the anticipated target depth precluded the drill hole from reaching the massive sulphide horizon and the drill hole was abandoned. The last hole OB-17-21, also targeted the East lens, intersecting 4.10 metres of massive sulphide.

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