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Wolfden acquires key property contiguous with its Rice Island nickel-copper-cobalt deposit, Snow Lake Greenstone Belt, Manitoba
Wolfden acquires key property contiguous with its Rice Island nickel-copper-cobalt deposit...
About this update from Wolfden Resources Corp.
[{"type":"text","content":"\n\n\n\nWolfden acquires key property contiguous with its Rice Island nickel-copper-cobalt deposit, Snow Lake Greenstone Belt, Manitoba\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nWolfden acquires key property contiguous with its Rice Island nickel-copper-cobalt deposit, Snow Lake Greenstone Belt, Manitoba\nCanada NewsWire\nTHUNDER BAY, ON, Sept. 21, 2016\n\n\n\n\n\n\nTHUNDER BAY, ON, Sept. 21, 2016 /CNW/ - Wolfden Resources Corporation (WLF:TSX-V) (\"Wolfden\" or the \"Company\") announces the key acquisition of the Rice Island Tie-On property (the \"RITOP\") located adjacent to Wolfden's Rice Island property (the \"RIP\") that contains the Rice Island nickel-copper-cobalt deposit. The deposit has been targeted in drilling programs completed by Wolfden during 2015 and 2016 and has returned high-grade nickel, copper and cobalt values over mineable widths during these campaigns.  Collectively, the 100%-owned RITOP and RIP comprise 2,611 hectares and are located 10 kilometres southeast of the Town of Snow Lake in west-central Manitoba.\n\nTHE RICE ISLAND TIE-ON PROPERTY:\n\nThe RITOP potentially contains the southwest extension of the Rice Island nickel-copper-cobalt deposit, as evidenced by the presence of a series of conductors coincident with a magnetic high on the RITOP, defined by Wolfden's VTEM airborne geophysical survey.  On Wolfden's RIP, the Rice Island deposit is located on the same geophysical trend (see Figure 1). Additionally, Wolfden drill holes located at the southwest end of Rice Island on the RIP, returned significant results including 2.57% Ni, 1.07% Cu, 0.08% Co over 17.4 metres (RI-15-13), 1.14% Ni, 0.70% Cu, 0.06% Co over 14.1 metres (RI-15-13), 1.07% Ni, 0.83% Cu, 0.10% Co over 6.3 metres (Ri-15-14) as well as 1.23% Ni, 0.80% Cu, 0.13% Co over 2.6 metres (see Wolfden website for complete drill results; www.wolfdenresources.com). The magnetic high and associated conductors delineated over a minimum 500-metre long trend on the RITOP have never been drilled and will be given top priority in future diamond drilling programs.\n\nIn addi...