Wolfden Resources Corporation is a diversified junior mineral exploration company holding a balance of early to advanced-staged projects featuring a nickel-copper deposit in Manitoba, a gold-antimony deposit in southern New Brunswick and 5 historic base-metal deposits located in the Bathurst Mining Camp in northeastern New Brunswick.
Manitoba is ranked #2 in Canada and #4 in the world as the most favourable jurisdiction to undertake mining and exploration (Fraser Institute Survey of Mining Companies, 2014-2015). New Brunswick is ranked #4 in Canada and #21 in the world in the same survey.
Wolfden's management team consists of experienced mining industry professionals, strongly committed to creating shareholder value through quality acquisitions, prudent exploration and ultimately, mineral resource development. Management have a proven track record in mineral discovery, exploration and finance and have been directly involved with several precious and base-metal discoveries in Canada over the last 20 years.
Wolfden's current property portfolio is:
Rice Island, Manitoba (100%-owned):
The wholly-owned Rice Island nickel-copper deposit is situated near the infrastructure-rich mining town of Snow Lake. Historical drilling completed by Inco Ltd. (1947-1948 and 1967) returned numerous high-grade intercepts including 2.35% Ni, 0.72% Cu over 13.72 metres, 2.39% Ni, 1.24% Cu over 10.06 metres and 1.02% Ni, 0.85% Cu over 35.57 metres.
Nickel Island, Manitoba (100%-owned):
The 100%-owned property is host to known nickel-copper mineralization last explored by Inco during the years 1957-1958. Historic drilling returned significant drill intercepts over an intermittent 1 kilometre strike length including 4.33% Ni over 4.50 metres and 1.18% Ni over 21.34 metres. Geological evidence is suggestive of the presence of "Kambalda-stlye" mineralization on the property.
Tetagouche Project (100%-owned):
The Tetagouche property (>20,000 hectares) contains five (5) historical Pb-Zn-Ag base-metal deposits with substantial exploration upside, situated in the Bathurst Mining Camp in northeastern New Brunswick. The property may also contain the bedrock source of numerous high-grade Zn-Pb-Ag boulders situated down-ice to the east of the Tetagouche property.
Clarence Stream Project (100%-owned):
This advanced-staged property contains the Clarence Stream gold-antimony deposit. It contains a 43-101 compliant resource of 500,000 ounces of gold at a grade of 6.5 g/t Au. Significant exploration upside exists for expanding on the mineral resource.
March 22, 2015
April 12, 2016 - WINTER DRILLING YIELDS 1.62% NICKEL, 0.86% COPPER AND 0.09% COBALT OVER 52.10 METRES AT RICE ISLAND, MANITOBA
- WINTER DRILLING RETURNS 3.63% NICKEL, 1.13% COPPER & 0.12% COBALT OVER 14.70 METRES AT RICE ISLAND, MANITOBA
February 24, 2016 - WOLFDEN RESUMES DIAMOND DRILLING AT RICE ISLAND, SNOW LAKE GREENSTONE BELT, MANITOBA
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