Wolfden Reports Additional High Grade Drill Results at Pickett Mountain

- January 15th, 2019

The company said these assay results are from the final four drill holes of the 2018 infill and expansion drill program across the new Footwall zone, West Lens and East Lens.

Wolfden Resources Corporation (TSXV:WLF) has announced additional encouraging assay results from its Pickett Mountain project, located in Penobscot County in north-eastern Maine, U.S.A.

The company said these assay results are from the final four drill holes of the 2018 infill and expansion drill program across the new Footwall zone, West Lens and East Lens.

As quoted in the press release:

“The new footwall zone (or lens) was discovered in hole PM-18-031 approximately 150 metres to the north (deeper into the footwall) below the East Lens (E1) at a vertical depth of 650 metres.  The 4.1 metre massive sulphide intersection occurs in intensely altered felsic fragmental rocks suggesting the presence of folded and or stacked massive sulfide lenses. The replacement-style massive sulphide mineralization consists of pyrite, sphalerite, galena and chalcopyrite, that includes the high-grade base and precious-metal values.”

Senior Vice President of Exploration at Wolfden, Dan Hoy said:

“We are very excited by these results that indicate the potential to develop the new footwall zone and to expand resources at depth in the known zones. The next program will include down-hole electromagnetic surveys (BHEM) to assist in the targeting of possible extensions of the footwall zone prior to drill testing. Some BHEM surveying of the main zones that was completed in December, is under review and will be incorporated into an aggressive 2019 follow-up drill program as part of the company’s efforts to continue to expand and upgrade the mineral resources of the project”.

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

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