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Wolfden Resources Corp.

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Summary

Project:

Pickett Mountain

Deposit:Pickett Mountain
Location:United States
Commodities:Zinc-Lead-Copper-Silver-Gold
Date:10/10/2018
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:10-10-2018: Wolfden Resources Corp. announces an Exploration/Drilling Update report for its Pickett Mountain deposit at the Pickett Mountain project. Drilling results incl. 6.0m @ 10.2% Zn, 4.7% Pb, 1.3% Cu, 54.6g/t Ag, 0.5g/t Au from 646.6m. THUNDER BAY,
Resources:x
CP/QP:[Overall Report]: Donald Hoy (Internal)
ABSTRACT:THUNDER BAY, ON, Oct. 10, 2018 /CNW/ - Wolfden Resources Corporation (WLF.V) (the "Company" or "Wolfden") is pleased to announce that an additional drill hole has intersected multiple zones (or lenses) of high-grade base metal mineralization at depth, in the West Lens of the deposit as part of the Company's ongoing infill and expansion drill program on its wholly-owned Pickett Mountain Project in Maine, USA. Drill hole PM-18-023A intersected four (4) massive sulphide lenses at down-hole depths and lengths in metres as highlighted below. PM-18-023A is a wedge hole off of the previously announced hole 023 intersected the main zone of the West Lens (W1) and returned 4.0 metres at 22.5% combined Zn+Pb+Cu approximately 40 metres above and slightly to the west of hole 023. This correlates well with W1 in hole 23, that assayed 25.5% combined Zn+Pb+Cu over 2.5 metres. In addition, several zones were intersected in the hanging wall including a new lens, W2 that yielded 16.2% combined Zn+Pb+Cu over 6.0 metres that also correlates well with an intersection in hole 23, that yielded a combined 12.0% Zn+Pb+Cu over 5.9 metres. Additional drilling to build the mineral resources of both lenses is clearly warranted and will be conducted over the coming months now that a second drill has been added to the project. The new and larger drill rig will focus on the deeper drilling of the West Lenses and the smaller rig will now commence expansion of the East Lens and the several surrounding exploration (geophysical) targets once they have been prioritized.

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