For thousands of other reports visit RSC's Mineral Intellingence Map
Wolfden Resources Corp.
Summary
| Project: | Rice Island | |
|---|---|---|
| Deposit: | Rice Island | |
| Location: | Canada | |
| Commodities: | Nickel-Copper-Cobalt | |
| Date: | 5/3/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 3-5-2017: Wolfden Resources Corp. announces an Exploration/Drilling Update report for its Rice Island deposit at the Rice Island project. Drilling results incl. 2.7m @ 1.15% Ni, 0.95% Cu, 0.2% Co, 151ppb Pt+Pd+Au from 312.3m. Wolfden Resources Corporation | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Donald Hoy (Internal) | |
| ABSTRACT: | Wolfden Resources Corporation (WLF:TSX-V) ("Wolfden" or the "Company) today provides a summary of results from the winter drilling program completed on the Company's 100%-owned Rice Island property (the "Property"). The 26 square-kilometre Property is located 10 kilometres south-southeast of the Town of Snow Lake, in west-central Manitoba. The winter drilling program on the Property successfully extended nickel-copper-cobalt mineralization within a recently discovered feeder structure, proximal to the historic Rice Island deposit (see Wolfden news release dated March 6, 2017). Mineralization within this new zone has been delineated over a strike length of 200 metres and to a depth of 250 metres. Specifically, the winter drilling (11 holes in total) delineated significant nickel-copper-cobalt mineralization to the southwest from the known deposit. This new zone of mineralization known as the Boundary Zone (BZ), is interpreted to be a feeder dike or conduit, comprising fine-grained gabbro containing stringer, semi-massive and massive sulphides (pyrrhotite, chalcopyrite & pentlandite), enveloped by sedimentary rocks. Conduits are an important component within magmatic Ni-Cu-Co mineralizing systems and on their own, can be hosts to economic deposits. The BZ remains completely open along strike to the southwest and to depth; additional drilling is clearly warranted. Rice Island is well situated proximal to the established mining communities of Flin Flon and Snow Lake and approximately 5 kilometres from HudBay Minerals' Snow Lake concentrator. The area offers access to power, labour force, supplies and mineral processing facilities. Proximity to such infrastructure will enable the Company to explore the Property year-round | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report