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zinc investing

Wolfden Adds to Multiple Zones in Deep Drilling at Pickett Mountain

Scott Tibballs
Oct. 10, 2018 09:23AM PST
Base Metals Investing

According to the release the company is continuing to model the historical and recent drill results in order to generate an updated mineral resource estimate before the end of the year and one that can be further expanded as drilling continues.

Wolfden Resources (TSXV:WLF) has announced that an additional drill hole has intersected multiple zones (or lenses) of high-grade base metal mineralization at depth, in the West Lens of the deposit as part of the company’s ongoing infill and expansion drill program on its Pickett Mountain project in Maine, USA.

As quoted in the press release:

PM-18-023A is a wedge hole off of the previously announced hole 023 intersected the main zone of the West Lens (W1) and returned 4.0 metres at 22.5 percent combined zinc-lead-copper approximately 40 metres above and slightly to the west of hole 023. This correlates well with W1 in hole 23, that assayed 25.5 percent combined zinc-lead-copper over 2.5 metres. In addition, several zones were intersected in the hanging wall including a new lens, W2 that yielded 16.2 percent combined zinc-lead-copper over 6.0 metres that also correlates well with an intersection in hole 23, that yielded a combined 12.0 percent zinc-lead-copper over 5.9 metres. Additional drilling to build the mineral resources of both lenses is clearly warranted and will be conducted over the coming months now that a second drill has been added to the project. The new and larger drill rig will focus on the deeper drilling of the West Lenses and the smaller rig will now commence expansion of the East Lens and the several surrounding exploration (geophysical) targets once they have been prioritized.

According to the release the company is continuing to model the historical and recent drill results in order to generate an updated mineral resource estimate before the end of the year and one that can be further expanded as drilling continues.

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

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