Wolfden Announces Additional Drilling Results on Its Orvan Brook Property in the Bathurst Mining Camp, New Brunswick
Wolfden Announces Additional Drilling Results on Its Orvan Brook Property in
the Bathurst Mining Camp, New Brunswick
THUNDER BAY, ON, Dec. 11, 2017 /CNW/ - Wolfden Resources Corporation (WLF:TSX-V)
("Wolfden" or the "Company") is pleased to announce results from recently completed diamond drilling
on its 100%-owned Orvan Brook property (the "Property"). The Property is well located proximal to
infrastructure, approximately 35 kilometres west of the City of Bathurst and 15 kilometres east-northeast
of Trevali Mining Corporation's Caribou mine and mill facility, in the prolific Bathurst Mining Camp of
northeastern New Brunswick.
DIAMOND DRILLING RESULTS:
Hole No. From (m) To (m) Length (m) Zn% Pb% Cu% Ag (g/t) Au (g/t) Pb+Zn% Zn Equivalent
OB-17-15 271.10 273.40 2.30 7.86 3.02 0.10 85.9 0.319 10.88 11.92
OB-17-16 337.20 339.50 2.30 4.95 1.87 0.39 64.2 0.783 6.82 8.33
OB-17-17 303.90 306.80 2.90 7.39 2.58 0.59 128.4 1.129 9.97 12.82
Analyses completed by Activation Laboratories in Ancaster, Ontario utilizing the 1A2 – Fire Assay AA, 1H
INAA (INAAGEO)/Total Digestion (Total) and UT-7 Sodium Peroxide Fusion (ICP & ICPMS) analytical
packages
Zn equivalent based on US$2.93/lb. for Cu, US$1.13/lb. for Pb, US$1.45/lb. for Zn US$0.53/g for Ag &
US$41.13/g for Au
A total of 7drill holes comprising 2,629 metres, were completed during this phase of drilling on the Orvan
Brook deposit. Of the 7 drill holes completed, 5 of the drill holes targeted the West Lens of the deposit
(OB-17-15, 16, 17, 19 & 20) and 2 tested the deeper East Lens of the deposit (OB-17-18 & 21). Assays
for holes 18-21 remain pending.
Highlighting the assay results from the West Lens are intercepts of 7.86% Zn, 3.02% Pb, 0.10% Cu, 85.9
g/t Ag and .319 g/t Au over 2.30 metres in OB-17-15 and 7.39% Zn, 2.58% Pb, 0.59% Cu, 128.4 g/t Ag
and 1.129 g/t Au over 2.90 metres in OB-17-17 (see longitudinal section). Additionally, holes OB-17-19
and OB-17-20 intersected 0.35 metres and 1.00 metres of massive sulphide, respectively. Notably, the
West lens of the Orvan Brook deposit remains open to depth.
Drill hole OB-17-18 tested the deeper East Lens in efforts to increase the tonnage of this lens. Here,
historic drill holes intersected thicker intervals of base-metal mineralization including 8.15% Zn, 2.86%
Pb, 0.28% Cu, 82.9 g/t Ag over 5.47 metres. Unfortunately, the presence of faulted sediments above the
anticipated target depth precluded the drill hole from reaching the massive sulphide horizon and the drill
hole was abandoned. The last hole OB-17-21, also targeted the East lens, intersecting 4.10 metres of
massive sulphide.
The technical information in this news release has been prepared and approved by Donald Hoy,
President, CEO and a director of the Company. Mr. Hoy is a Qualified Person for the purposes of
National Instrument 43-101.
ABOUT WOLFDEN RESOURCES:
Wolfden is a mineral exploration company holding nickel properties in Manitoba and Zn-Pb-Cu base-
metal properties in Maine, USA and in New Brunswick (>24,000 hectares). Manitoba is ranked #2 in
Canada and #2 in the world as the most favorable jurisdiction to conduct mining and exploration (Fraser
Institute (2016-2017)).
This press release contains forward-looking information (within the meaning of applicable Canadian
securities legislation) that involves various risks and uncertainties regarding future events. Such forward-
looking information includes statements based on current expectations involving a number of risks and
uncertainties and such forward-looking statements are not guarantees of future performance of the
Company, and include, without limitation, statements relating to the timing for the completion of a mineral
resource estimate on the Orvan Brook property, plans and results of exploration and the magnitude and
quality of the property. There are numerous risks and uncertainties that could cause actual results and
the Company's plans and objectives to differ materially from those expressed in the forward-looking
information in this news release, including without limitation, the following risks and uncertainties: (i) risks
inherent in the mining industry; (ii) regulatory and environmental risks; (iii) results of exploration activities
and development of mineral properties; (iv) risks relating to the estimation of mineral resources; (v) stock
market volatility and capital market fluctuations; and (vi) general market and industry conditions. Actual
results and future events could differ materially from those anticipated in such information. This forward-
looking information is based on estimates and opinions of management on the date hereof and is
expressly qualified by this notice. Risks and uncertainties about the Company's business are more fully
discussed in the Company's disclosure materials filed with the securities regulatory authorities in Canada
at www.sedar.com. The Company assumes no obligation to update any forward looking information or to
update the reasons why actual results could differ from such information unless required by applicable
law.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
SOURCE Wolfden Resources Corporation
View original content with multimedia:
http://www.newswire.ca/en/releases/archive/December2017/11/c6414.html
%SEDAR: 00033002E
For further information: Donald Hoy, President and CEO, Wolfden Resources Corporation, Tel:
(807) 624-1131 Fax: (807) 624-1133, Email: [email protected], Website:
www.wolfdenresources.com
CO: Wolfden Resources Corporation
CNW 17:37e 11-DEC-17