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Wolfden Resources Restarts Drilling at Rice Island Property

Charlotte McLeod
Feb. 24, 2016 11:06AM PST
Base Metals Investing

Wolfden Resources Corp. (TSXV:WLF) announced that it’s resumed diamond drilling at its Manitoba-based Rice Island property.

Wolfden Resources Corp. (TSXV:WLF) announced that it’s resumed diamond drilling at its Manitoba-based Rice Island property.
As quoted in the press release:

Drilling efforts in the coming weeks will focus on testing the extent of the New Lower Zone (NLZ) where recent Wolfden drilling returned 2.48% Ni and 0.79% Cu over 15.60 metres (RI-15-01), 3.97% Ni and 0.95% Cu over 4.60 metres (RI-15-05), 1.14% NI and 0.70% Cu over 14.10 metres (RI-15-13) and 1.07% Ni and 0.83% Cu over 6.1 metres (RI-15-14). Efforts will also be undertaken at expanding the Main Zone (MZ) where Wolfden drilling encountered 3.29% Ni and 1.32% Cu across 12.40 metres (RI-15-15)1 . The NLZ and MZ are thought to be components of a conduit or feeder system, in which channelling magmatic fluids have deposited nickel-copper mineralization at multiple sites.
Drilling will also be undertaken at a high-priority target situated 5 kilometres northeast of the Rice Island deposit, comprising a coincident conductor and magnetic high defined by the airborne VTEM survey. This VTEM anomaly has a similar geophysical signature to that of the Rice Island nickel-copper deposit. Drilling results will be released as they become available.

Click here to read the full Wolfden Resources Corp. (TSXV:WLF) press release.

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