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Wolfden Announces Pickett Mt. Drill Results with Multiple Intercepts

Holes PM20-03, 04, and 09 confirm Fold in West Lens and Potential to Add to Resources H...

articleWolfden Resources Corp.October 1, 20204/company/wolfden-resources-corporation/news/wolfden-announces-pickett-mt-drill-results-with-multiple-intercepts
Wolfden Announces Pickett Mt. Drill Results with Multiple Intercepts

About this update from Wolfden Resources Corp.

[{"type":"text","content":"Wolfden Announces Pickett Mt. Drill Results with Multiple InterceptsHoles PM20-03, 04, and 09 confirm Fold in West Lens and Potential to Add to ResourcesHole 04 intersects 18.97% ZnEq over 3.9 metres and 24.62% ZnEq over 3.4 metresTHUNDER BAY, ON / ACCESSWIRE / October 1, 2020 / Wolfden Resources Corporation (TSXV:WLF) (\"Wolfden\" or the \"Company\") is pleased to announce additional positive results and an update for its ongoing 5,000 metre drill program at its wholly owned Pickett Mountain Project in Northeastern Maine. Ten holes have been drilled to date to test for potential extensions and structural controls of the two main lenses of massive sulphide mineralization that host the mineral resource. Five of the ten holes have intersected massive sulphide mineralization. Assay results have been received for only the first four holes as shown in Table 2. The program has now commenced testing further step-out targets (within 300 to 2,000 metres from the two main lenses), including, follow-up of a 200-metre wide sulphide stringer zone that was intersected in hole PX-001 in 2019.The highlight of this release are the assay results for hole PM20-04 which targeted the eastern edge of the West Lens at a depth of approximately 130 metres, where the massive sulphide horizon was thought to repeated by an open to tight Z-fold(s). The results now confirm this theory having intersected two lenses of massive sulphide, approximately 60 metres apart.3.9 metres grading 18.97% ZnEq (8.36% Zn, 3.89% Pb1.91% Cu, 110.51 g/t Ag and 0.85 g/t Au - true width 2.7 metres) from 154.8 to 158.7 metres; and3.4 metres grading 24.62% ZnEq (11.98% Zn, 6.7% Pb, 1.3% Cu, 164.00 g/t Ag and 0.79 g/t Au - true width 2.7 metres) from 214.7 to 218.1 metres.In addition, hole PM20-09 drilled 200 metres below PM20-04, intersected two lenses of massive sulphides and previous holes 18-23 and 18-23A, drilled another 180 to 200 metres deeper, intersected 4 to 5 lenses of massive sulphides. Based on drill data, the fold repetition of the West Lens massive sulphide, extends to a depth of 600 metres, and strike approximately 50 metres along strike and is open to depth. Assays for the two massive sulphides intersections in hole PM20-09 are still pending.\"The fold-repeated massive sulphide intercepts in holes PM20-04, PM20-09 and 18-23/23A, along with better than expected grade...

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