Thunder Bay, Ontario, July 28, 2020 – Wolfden Resources Corporation (WLF.V) (“Wolfden” or the “Company”) is pleased to announce that The Department of Agriculture, Conservation and Forestry’s Land Use Planning Commission (LUPC) has accepted the Wolfden Mt. Chase LLC (Wolfden) zoning petition as complete for processing. Wolfden applied to rezone approximately 530 acres (8%) of its wholly owned 6800-acre Pickett Mt. Property in Northern Maine, where Wolfden owns the land, timber and mineral rights, from General Management and Shoreland Protection 2 Subdistricts, to a Planned Development Subdistrict (D-PD) in T6 R6 WELS. The proposed purpose of the D-PD rezoning is to allow for the development of an underground metallic mineral mine with associated processing facilities and infrastructure. The zoning petition is subject to and will be reviewed by the LUPC and other relevant State agencies.