Announcement Date: 2022-04-11
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Wolfden Resources Corp.
Project name: California Lake
Location: United States
Commodities: Gold,Silver,Lead,Zinc,Antimony,Arsenic
Highlight: Drilling results incl. 5.3m @ 426.2g/t Ag, 0.54g/t Au, 3990ppm Pb, 1930ppm Zn, 217ppm Sb, 6138ppm As from 47.7m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Thunder Bay, Ontario, April 11, 2022- Wolfden Resources Corporation (WLF.V) (“Wolfden” or the “Company”) is pleased to provide the exploration results from its fall exploration program at its California Lake Project in New Brunswick. Drilling included 9 holes in some 1,368 metres across five target areas. The objective of the program was to test new drill targets and the potential to expand a couple of known silver-gold zones. This work discovered and confirmed the presence of five silver-gold-base metal zones and suggests the potential to add to them. The Company holds the mineral rights to a land package of 127 square kilometres in this portion of the Bathurst Greenstone Belt in New Brunswick. Wolfden is targeting large scale, breccia type, epithermal silver-gold-base metal deposits in New Brunswick (and Maine). The California Lake deposit is the largest of its kind discovered to date in the province and is comprised of more than seven northeast-trending mineralized structures that have been traced for 1,000 metres along strike and to 150 metres depth. The deposit is open along strike and to depth and is situated at the southwest end of a 17-kilometre trend of epithermal-style precious and base metal mineralization.
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