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Wolfden Resources Corp.
Summary
| Project: | Pickett Mountain | |
|---|---|---|
| Deposit: | Pickett Mountain | |
| Location: | United States | |
| Commodities: | Zinc-Lead-Copper-Silver-Gold | |
| Date: | 9/25/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 25-9-2018: Wolfden Resources Corp. announces an Exploration/Drilling Update report for its Pickett Mountain deposit at the Pickett Mountain project. Drilling results incl. 5.9m @ 24.0% Zn, 11.8% Pb, 1.0% Cu, 324g/t Ag, 1.4g/t Au. THUNDER BAY, ON, Sept. 25 | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Donald Hoy (Internal) | |
| ABSTRACT: | THUNDER BAY, ON, Sept. 25, 2018 /CNW/ - Wolfden Resources Corporation (WLF.V) (the "Company" or "Wolfden") is pleased to announce that additional deep drill holes in the Company's ongoing infill and expansion drill program on its wholly-owned Pickett Mountain Project in Maine USA, have intersected high-grade massive sulphide mineralization, in the West lens of the deposit. Drill hole 22A, a wedge hole driven from and above the previously announced hole 22, intersected the West Lens at a vertical depth of 520 metres from surface (approximately 40 metres above hole 22). The massive sulphide intersection is 5.9 metres in core length and contains 24.0% Zn, 11.8% Pb, 1.0% Cu, 324 g/t Ag & 1.4 g/t Au. Hole 22, announced on July 9 th, 2018, intersected 4.7 metres at 24.0% Zn, 10.0% Pb, 0.9% Cu, 267 g/t Ag & 1.6 g/t Au. over 4.7 metres. These grades are amongst the best in the deposit and similar to the deepest intersection at 800 metres where the deposit remains open. True widths are approximately 70% of the core length. In another wedge hole 23A, driven from and above hole 23, assay results are pending for multiple intercepts of massive sulphide mineralization. This intersection is located 70 metres east of hole 22A and 30 metres above hole 23, at approximately the same depth of 520 metres. Of interest, in this area there are multiple lenses of massive sulphides with hole 23 returning 2.5 metres at 20.3% Zn, 3.8% Pb, 1.4% Cu, 78 g/t Ag, 1.0 g/t Au and 5.9 metres at 7.5% Zn, 3.2% Pb, 1.3% Cu, 65 g/t Ag, 0.7 g/t Au (see press release August 1, 2018). The above drill intercepts in combination with recently released results, comprise the deepest drilling completed by the Company to date in the West Lens and clearly demonstrate the potential to expand resources below a depth of 400 metres, where there was minimal historical drilling. The latest results can be viewed on an updated vertical longitudinal drill section in the Pickett Mtn. presentation on the Company website. | |
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