Pickett Mountain Project

Wolfden Resources Corporation (WLF:TSXV) Wolfden is an exploration and development company focused on high-margin metallic mineral deposits including base, precious and strategic metals.  Its wholly owned Pickett Mountain Project is one of the highest-grade polymetallic projects in North America (Zn, Pb, Cu, Ag, Au) and its two nickel sulphide deposits in Manitoba represent significant development projects with the potential to be domestic sources of ethically produced base and critical metals for the expansion of renewable energy in North America.

On January 18, 2023, its wholly owed subsidiary Wolfden Mt. Chase LLC, submitted an application to the Maine Land Use Planning Commission (LUPC) in order to re-zone a 374 acre parcel of its wholly owned 7,135 acre Pickett Mountain Project land holdings in Northern Maine, from a General Management (M-GN) designation to Planned Development (D-PD) in T6 R6 WELS.  The proposed purpose of the D-PD rezoning is to allow for the construction, operation and reclamation of a state of the art, small foot print underground metallic mineral mine in a manner that is fully protective of the environment.The Project is located several miles off of State Route 11, in an area of very low population density, north of the Town of Patten and includes a 1200 tonne per day underground mining operation with a 10-15 year mine life.  The mine and other supporting infrastructure will require a steady-state work force of roughly 272 direct employees and contractors.  The mined ore, rich in zinc, copper, lead, silver and gold and will be processed at a different location (not in T6 R6) and therefore is outside of the scope of the application.  Moreover, the technical analysis for each component of the Project and each aspect for the protection of natural resources, demonstrate that the Project is feasible and consistent with the values prioritized by the LUPC.

The technical studies to date indicate the operation will be fully protective of the surrounding natural resources and associated recreational activities, the neighboring communities and the State of Maine.  In addition, the Company has hosted public meetings and information sessions in many of the surrounding towns that have resulted in growing community interest as members appreciate the protective nature of Maine’s Chapter 200 mining regulations and their right to be heard in the mine permitting process.  Several neighboring towns have already passed ordinances or resolutions, by public vote, in support of the Project, subject to the prerequisite regulatory approvals.

Other plans in 2023 include exploration and drill programs to further upgrade and expand in Nickel sulphide resources in Manitoba and recommence infill drilling at Pickett Mt upon conclusion of the rezoning process.  Learn more >