Press Releases
Thunder Bay, Ontario, April 29, 2015 –Wolfden Resources Corporation (WLF:TSX-V) (“Wolfden” or the
“Company”) is pleased to announce the acquisition by claim staking of the Brunswick No. 6 West property (the “Property). The wholly-owned Property comprising 154 mineral claims totaling 3,367 hectares adjoins the formerly producing Brunswick No. 6 mine and is located proximal to infrastructure, 20 kilometres southwestof the City of Bathurst, in the heart of the Bathurst Mining Camp (BMC).
The Brunswick No. 6 West Property:
The Property is underlain by several kilometres of the favourable ‘Brunswick Horizon’ that hosts both the
Brunswick No. 12 mine (past production of 137 million tonnes at 8.47% Zn, 3.44% Pb, 0.37% Cu & 102.2 g/t Ag1) and the immediately adjacent Brunswick No. 6 mine (past production of 12.1 million tonnes at 5.43% Zn, 2.16% Pb, 0.39% Cu & 67 g/t Ag1). In addition to Brunswick No. 6 and Brunswick No. 12, theneighbouring Flat Landing Brook deposit is hosted within the Brunswick Horizon (historical resource of 1.27 million tonnes at 5.62% Zn, 1.29% Pb and 23 g/t Ag2). The largest and most economically important massivesulphide deposits in the BMC occur at or near the Brunswick Horizon, commonly comprising volcaniclastic rocks of the Nepisiguit Falls formation overlain by an oxide iron formation.
A recently completed drill hole on the Property, AB-12-12 (see Map 1), intersected over 140 metres of highly altered and mineralized Brunswick Horizon rock types. Specifically, the drill hole encountered a thick magnetite-chlorite iron formation underlain by a thick zone of stringer sulphide mineralization within strongly altered felsic volcanic rocks. Sampling returned broad intervals of anomalous base-metal mineralization. A follow-up bore-hole electromagnetic survey defined a strong off-hole conductor interpreted to lie within 30 metres of the drill hole intersections. The strong anomaly delineated by the survey was not tested by drilling.
Wolfden intends to drill test this anomaly in the spring and will also complete a property-wide compilation to help define additional drill targets.
About Wolfden Resources:
Wolfden is a mineral exploration company with a dominant, 20,000 hectare, land position in the heart of the Bathurst Mining Camp in New Brunswick. New Brunswick was ranked #21 in the world, and #4 among Canadian provinces, as the most favourable jurisdiction to undertake mining and exploration by the Fraser Institute (2014). The company’s Tetagouche property is host to 5 historic massive sulphide deposits and offers excellent potential for new discoveries. The property is located within 20 kilometres of the famous Brunswick No. 12 mine (Glencore) and mill and the soon to be commissioned Caribou complex (Trevali). The Company also has a 100% interest in the Clarence Stream gold-antimony property in southern New Brunswick that hosts a significant 43-101 compliant mineral resource.
For further information please contact:
Donald Hoy
President
Wolfden Resources Corporation
Tel: (807) 624-1131
Email: dhoy@wolfdenresources.com
George Topping
Chief Executive Officer
Wolfden Resources Corporation
Tel: (647) 925-9457
Email: gtopping@wolfdenresources.com
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