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Wolfden Commences Drill Program at Orvan Brook in Bathurst NB

Wolfden Commences Drill Program at Orvan Brook in Bathurst NB Canada NewsWire TH...

articleWolfden Resources Corp.November 5, 20184/company/wolfden-resources-corporation/news/wolfden-commences-drill-program-at-orvan-brook-in-bathurst-nb
Wolfden Commences Drill Program at Orvan Brook in Bathurst NB

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[{"type":"text","content":"\n\n\n\nWolfden Commences Drill Program at Orvan Brook in Bathurst NB\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, Nov. 5, 2018\n\n\n\n\n THUNDER BAY, ON, Nov.  5, 2018 /CNW/ - Wolfden Resources Corporation (WLF.V) is pleased to announce that it has commenced a 2,500 metre diamond drill program on its 100%-owned Orvan Brook property in the heart of the Bathurst Mine Camp of New Brunswick. The property is close to excellent infrastructure including the producing Caribou Mine, operated by Trevali Mining Corporation.\n\n \n \n\n \nThe Orvan Brook project comprises several parallel lenses of disseminated to banded massive sulphide mineralization that can be traced over a three kilometre strike-length and to a depth of 500 metres.  It remains open at depth and the lenses can vary in thickness up 12.7 metres. The deposit is hosted within the same rhyolitic sequence of the Spruce Lake formation that also hosts the Caribou Mine. An historical resource estimate for Orvan Brook, as reported in the Canadian Institute of Mining & Metallurgy - Exploration & Mining Geology, Vol. 15, Nos. 3-4, 2006, is 2,690,000 tonnes grading 5.9% Zn, 1.7% Pb, 0.4% Cu, 72 g/t Ag and 1.0 g/t Au. The historical resource was not prepared in accordance with NI 43-101 and was not classified by a qualified person and therefore, Wolfden does not treat it as a current mineral resource.  \nSince acquiring the property, Wolfden has completed 21 drill holes testing the massive sulphide lenses of the deposit. The grade and tenor of those results are comparable to those at Caribou and underscore the potential to define an economically significant massive sulphide mineral resource.  The potential down plunge extension of these lenses is the focus of the drill program (see longitudinal section) in an effort to build a 43-101 compliant mineral resource. \nThe eastern lens features widely spaced intercepts including 4.7 metres of 9.1% Zn, 2.9% Pb, 0.4% Cu, 111.0 g/t Ag and 0.5 g/t Au in OB-17-21A, as well as 5.5 metres of 8.2% Zn, 2.9% Pb, 0.3% Cu...

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