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Wolfden Announces Update on Pickett Mt. Exploration Program in Maine

Wolfden Announces Update on Pickett Mt. Exploration Program in Maine Canada NewsWi...

articleWolfden Resources Corp.August 11, 20204/company/wolfden-resources-corporation/news/wolfden-announces-update-on-pickett-mt-exploration-program-in-maine
Wolfden Announces Update on Pickett Mt. Exploration Program in Maine

About this update from Wolfden Resources Corp.

[{"type":"text","content":"\n\n\n\nWolfden Announces Update on Pickett Mt. Exploration Program in Maine\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\n\nCanada NewsWire\nTHUNDER BAY, ON, Aug 11, 2020\n\n\n\n\n THUNDER BAY, ON, Aug 11, 2020 /CNW/ - Wolfden Resources Corporation (TSXV: WLF.V) (\"Wolfden\" or the \"Company\") is pleased to announce an update for its ongoing fully-funded exploration and 5,000 metre drill program at its wholly owned Pickett Mountain Project in Northeastern Maine.  \n\n \n \n \n \n \n \n\n \nDiamond Drilling\nFive of the fifteen planned drill holes have been completed to date as per the drill plan outlined in the Pickett Mountain Project presentation and on the attached plan map Figure 1.  Those holes that have intersected massive sulphide and stringer mineralization have been sampled and sent to an independent laboratory for assessment.  Assays are pending in the coming weeks.  The various holes are designed to test new targets and develop an updated geological model with a goal to discover additional resources proximal to the Pickett Mt deposit and within the 30km belt.\n\"We are encouraged by the drilling and regional exploration results to date ,\" stated Don Dudek, VP Exploration for Wolfden.  \"Our field crews and drilling contractor are now well underway and now that Boart Longyear has a second drill rig on site, downtime has been minimized and the program can expanded as required.\"\nOther Exploration\nMapping and sampling (rock and soils) continues on others areas along the 30km belt with the goal of identifying exploration targets that could host additional massive sulphide mineralization. A folded,1.2 km-long conductor has been identified by both airborne and ground geophysics that is coincident with nearby felsic volcanic rocks and a lead-in-soil anomaly. Drilling is planned on these new targets for this fall.  \nRelogging of the approximate 100 historical drill holes is now complete and the gathering of this information has been extremely useful for improving the geological modelling of the known ...

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