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Wolfden Resources Corp.
Summary
| Project: | Pickett Mountain | |
|---|---|---|
| Deposit: | Pickett Mountain | |
| Location: | United States | |
| Commodities: | Zinc-Lead-Copper-Silver-Gold | |
| Date: | 7/9/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 9-7-2018: Wolfden Resources Corp. announces an Exploration/Drilling Update report for its Pickett Mountain deposit at the Pickett Mountain project. Drilling results incl. 4.7m @ 24.0% Zn, 10.0% Pb, 0.9% Cu, 267g/t Ag, 1.6g/t Au from 530m. THUNDER BAY, ON, | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Donald Hoy (Internal) | |
| ABSTRACT: | THUNDER BAY, ON, July 9, 2018 /CNW/ - Wolfden Resources Corporation (WLF.V) (the "Company" or "Wolfden") is pleased to announce that the ongoing infill and expansion drill program on its whollyowned Pickett Mountain Project in Maine USA, has intersected high grade base metal mineralization at a vertical depth of 530 metres in the West lens of the deposit. Assay results for hole PM-18-022 yield 4.7m grading 24.0% Zn, 10,0% Pb, 0.9% Cu, 267 g/t Ag and 1.6 g/t Au. In addition, assay results are pending for a second deep drill hole, PM-18-023 that was recently completed, and intersected multiple intervals of massive sulphide mineralization approximately 100 metres further to the east of hole PM-18-022 and at a similar depth (see the updated drilling long section in the Pickett Mtn. presentation on the Company website). These recent holes are the deepest drilling completed by the Company to date and clearly demonstrate the potential to expand resources below a depth of 400 metres where there was little historical drilling. The drill program consists of infill and expansion drilling but will also test several new high priority exploration targets identified proximal to the main deposit that have recently been outlined by ground and airborne geophysical surveys. The detailed and regional airborne geophysical surveys are now complete and have identified several new targets and confirmed others previously identified by ground geophysical and soil sampling surveys. Most importantly, the geophysical surveys indicate the potential for expansion of the system in several directions. Site preparation is underway to drill test those targets as soon as possible and a second drill will be considered to accelerate the program. | |
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