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Wolfden Resources Corp.
Summary
| Project: | Pickett Mountain | |
|---|---|---|
| Deposit: | Pickett Mountain | |
| Location: | United States | |
| Commodities: | Zinc-Lead-Copper-Silver-Gold | |
| Date: | 4/30/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 30-4-2018: Wolfden Resources Corp. announces an Exploration/Drilling Update report for its Pickett Mountain deposit at the Pickett Mountain project. Summary of previous exploration on property and further work recommendations. The Pickett Mountain propert | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Alan Aubut (A - Z Mining Professional Ltd.) | |
| ABSTRACT: | The Pickett Mountain property is located in northeastern Maine, USA, near the west end of Pickett Mountain Pond, in the southeast quarter of Township 6, Range 6, Penobscot County. It is about 153 km north of Bangor and is approximately 53 km from the Canadian border. The property consists of 6,871 acres of private land that Wolfden Resources Corporation (Wolfden) has acquired from a third party all of the mineral, oil and surface rights, exclusive of the surface area of any lakes ("ponds"), for US$8.5 million cash. The project is located within the Ganderia zone of the northern Appalachian orogenic belt, formed during the Paleozoic. The area is underlain by Late Neoproterozoic to Early Ordovician rocks that have undergone multiple stages of deformation, metamorphism and plutonism and record the development and destruction of a continental margin. The property covers a portion of the southeast limb of the southwest plunging WeeksboroLunksoos Lake Anticlinorium that is cored by Early Cambrian shale and siltstone with interbedded quartzite that are unconformably overlain by a sequence of quartz-feldspar crystal tuff, rhyolite, volcanic breccia and lapilli tuff, a massive sulphide horizon that varies from 0 to about 15 metres thick dominated by sphalerite-galena-chalcopyrite-pyrite mineralisation, hanging wall tuffs, mafic flows and shale. The mineral zone at Pickett Mountain is a stratabound volcanogenic massive sulphide deposit that has been traced by drilling approximately 900 metres along strike and 400 meters down dip. It consists of 2 primary and several minor lenses. This style of deposit is a major source of Cu, Zn and to a lesser extent Pb, Ag, Au, Cd, Se, Sn, Bi and minor amounts of other metals. This style of mineralisation typically has a high value due to its multi-element character and concentrated value per tonne mined. | |
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