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nickel investing

Wolfden Winter Drilling Yields 2.24% Nickel, 1.42% Copper and 0.10% Cobalt Over 8.30 Metres at Rice Island, Manitoba

Priscila Barrera
Mar. 07, 2017 08:33AM PST
Base Metals Investing

Wolfden Resources (WLF:TSX-V) (“Wolfden” or the “Company) is pleased to announce favourable initial results from the ongoing winter drilling program, on the Company’s 100%-owned Rice Island property (the “Property”). The 26 square-kilometre Property is located 10 kilometres south-southeast of the Town of Snow Lake, in west-central Manitoba. As quoted in the press release: The current …

Wolfden Resources (WLF:TSX-V) (“Wolfden” or the “Company) is pleased to announce favourable initial results from the ongoing winter drilling program, on the Company’s 100%-owned Rice Island property (the “Property”). The 26 square-kilometre Property is located 10 kilometres south-southeast of the Town of Snow Lake, in west-central Manitoba.
As quoted in the press release:

The current drilling program on the Property has successfully extended nickel-copper-cobalt mineralization within a recently discovered feeder structure, proximal to the historic Rice Island deposit. Specifically, the first four (4) drill holes tested a prominent electromagnetic conductor at shallow depth, believed to be reflecting mineralization located to the southwest of the known deposit, in an area where there had been no historical drilling. All four of the drill holes intersected significant nickel-copper-cobalt mineralization highlighted by hole RI-17-30, yielding an intercept of 2.24% Ni, 1.42% Cu & 0.10% Co over 8.30 metres.

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