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Wolfden Reports Additional High Grade in Footwall Lens at Pickett Mt
Highlights include 52.9% ZnEq over 0.75 metres in the Footwall of the East Lens THUNDER...
About this update from Wolfden Resources Corp.
[{"type":"text","content":"Wolfden Reports Additional High Grade in Footwall Lens at Pickett MtHighlights include 52.9% ZnEq over 0.75 metres in the Footwall of the East Lens THUNDER BAY, ON / ACCESSWIRE / January 11, 2021 / Wolfden Resources Corporation (TSXV:WLF) (\"Wolfden\" or the \"Company\") is pleased to report additional positive step-out drill results proximal to the known polymetallic mineral resource of the Company's wholly owned Pickett Mountain deposit in Northeastern Maine.Hole PM20-07 intersected 52.9% ZnEq over 0.75 metres that is comprised of 24.2% Zn, 11.2% Pb, 3.1% Cu, 514 g/t Ag and 2.1 g/t Au from 678.7 to 679.45 metres down the hole. The intersection occurs in a footwall lens that roughly parallels the East and West Lenses, 150 metres to the north. The intercept has an estimated true width of 0.52 metres and is situated approximately 100 metres to the east of holes PM18-31 and 31A (a wedge hole off 31) that previously intersected the same footwall lens returning 24.7% ZnEq over 7.1 meters and 9.0% ZnEq over 9.1 metres (5.7 and 7.8 metres true width). Assays are pending for additional narrow intervals of footwall massive sulphide mineralization, that appear to correlate with this intercept, including in recent drill holes PM-20-G56-ext (138 metres above and to the west), PM20-13 (785 metres above and to the west), PM20-15 (775 metres above and to the west) and PM20-16 (708 metres above and west). Further drill testing of this narrow and higher-grade massive sulphide lens, is expected to occur this winter, once all assays have been received and evaluated.\"As stated previously, the footwall of the Pickett Mt deposit remains largely untested by most of the previous drilling and provides a significant opportunity to potentially increase the total Project resource,\" stated Ron Little, CEO for Wolfden. \"Massive sulphide mineralization has been intersected in at least six footwall holes including five from this program. In addition, strong stringer mineralization was intersected in two of the last three holes of the 2020 drill program. Many of these results are pending and drilling is expected to resume in this area once all results have been received.\"Geology of the Footwall LensThe footwall massive sulphide lens appears to be hosted or associated with a debris flow/carbonate-enriched interval that occurred between two pulses of felsic ...