Wolfden Resources is pleased to announce that it has recommenced exploration field work on its high-grade polymetallic Pickett Mountain Project in Northern Maine. Crews have returned to site to continue with ground geophysical surveys to position new targets in advance of the next drill program that is planned to start in the coming weeks. The groundwork is designed to finalize some of the step-out drill targets that were [...]
Wolfden Resources is pleased to announce that its wholly owned subsidiary Wolfden Mt. Chase, LLC, has submitted a rezoning petition to the Maine Land Use Planning Commission in order to rezone a 200 acre parcel on its wholly owned 6,800 acre Pickett Mountain Project in Northern Maine, from a General Management designation to Planned Development. The proposed purpose and conceptual designs are to develop a small [...]
Wolfden Resources Corp. is pleased to announce it has secured up to USD 4.5 million in non-dilutive funding for its exploration projects by selling-forward timber from its wholly owned Pickett Mountain Zn-Pb-Cu-Ag-Au Project in Maine, USA. Under the terms of a 5 year stumpage agreement with H.C Haynes of Winn, Maine, the company will receive USD 3 Million upon closing and an additional USD 1. 5 Million between the 4th and [...]
Wolfden Resources Corp. is pleased to announce positive assay results for a recent new discovery of a +200 meter open-ended stringer sulphide zone that represents a new target horizon for additional massive sulphide mineralization on its wholly owned Pickett Mountain Zn-Pb-Cu-Ag-Au Project in Maine, USA. Hole PX-001 drilled tested a 1,000 metre, coincident gravity and soil anomaly trend, situated 500 metres to the north [...]
Wolfden Resources Corporation is pleased to provide the following update on its wholly owned high-grade Zn-Pb-Cu-Ag-Au deposit located in northern Maine, USA. The 2019 exploration program recently concluded with 3,530 metres of diamond drilling, ground and bore-hole geophysics, soil sampling, mapping and prospecting; all focused on expanding the known mineral resource of 2.05 Mt at 19.3% ZnEq of indicated resources [...]
Wolfden Resources Corporation is pleased to announce the assay results for the second drill hole into the high-grade footwall zone discovery, at its wholly-owned Pickett Mountain Project in Maine, USA that was previously announced on July 3, 2019. Hole PM-18-031A, was a wedge hole drilled from the discovery hole PM-18-031 and intersected 4.2 m of sulphide mineralization grading 15.3% ZnEq that includes 2.9 m of 19.9 [...]
Initial follow-up hole intercepts polymetallic mineralization - assays pending Wolfden Resources Corporation is pleased to announce that the second hole drilled into the high-grade footwall zone discovery at its wholly owned Pickett Mountain Project in Maine, USA, has intersected a 4.2 metre sulphide bearing horizon approximately 25 metres above the discovery hole that intersected 4.1 m grading 38.2 % ZnEq and confirms [...]
Targets include the expansion of 19.5 m at 33.1% ZnEq at depth and the Footwall Zone Discovery of 4.1 m at 38.2% ZnEq Wolfden Resources Inc. Corporation is pleased to announce that it has commenced its 2019 exploration program at its 100%-owned high-grade polymetallic Pickett Mountain Project, located in Penobscot County in north-eastern Maine, U.S.A. The program will include up to 10,000 metres of diamond drilling [...]
Announces Adoption of Restricted Share Unit Plan and Grant of Restricted Share Units Wolfden Resources Corporation is pleased to announce that it has hired Jeremy Ouellette as Vice President Project Development and retained Bill Fisher and Scott Trebilcock as members of the Technical Advisory Board. "Adding this kind of bench strength is a testament to the value generation potential of Wolfden's assets," stated Ron [...]
Wolfden Resources Corporation is pleased announce that it has completed a non-brokered private placement of 12,500,000 common shares of the Company at a price of C$0.20 per Common Share with Kinross Gold Corp. for gross proceeds of C$2,500,000. Kinross now holds approximately 9.7% of the issued and outstanding shares of the Company. The shares issued to Kinross are subject to a four-month hold period under applicable [...]
Wolfden Resources Corporation is pleased announce that it has entered into a subscription agreement with Kinross Gold Corp. for a non-brokered private placement of 12,500,000 common shares of the Company at a price of C$0.20 per Common Share for gross proceeds of C$2,500,000 . Upon closing, Kinross shall hold approximately 9.7% of the issued and outstanding shares of the Company. The majority of the proceeds from the [...]
Wolfden Resources Corporation is pleased to report encouraging assay results from a diamond drill program completed on its 100%-owned Orvan Brook property near Bathurst New Brunswick. The property is well-located proximal to existing infrastructure and only 15 kilometres from the Caribou mine, owned and operated by Trevali Mining Corp.. Complete Drill Core Assay Results Hole ID Lens From To Length Zn Pb Cu Ag Au ZnEq [...]