Wolfden Reports on Rice Island Drill Program, Snow Lake, Manitoba

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[{"type":"text","content":"Wolfden Reports on Rice Island Drill Program, Snow Lake, ManitobaTHUNDER BAY, ON / ACCESSWIRE / April 13, 2021 / Wolfden Resources Corporation (TSXV:WLF) (\"Wolfden\" or the \"Company\") is pleased to announce that it has completed a 5-hole, 2,300 metre winter diamond drilling program on is wholly owned Rice Island Nickel-Copper-Cobalt-Platinum Group Elements Project in Snow Lake, Manitoba and is waiting for assay results. Three of the four holes that targeted the nickel-rich Keel and Feeder Zones interested encouraging sulphide mineralization and the fourth hole passed below the east-plunging mineralization. The fifth hole, that tested a regional airborne conductor and magnetic target, yielded a 138 metre-long zone with approximately 40% sulphides (pyrite and pyrrhotite). The drill program was funded in part with the support of a $230,000 grant from the Manitoba Government Mineral Development Fund.\"The drilling was a success with respect to intersecting additional mineralization of the Keel and Feeder zones resulting in the potential to increase the known resources of the deposit (assays pending see Figure 2.), stated Don Dudek V.P Exploration for Wolfden. \"The program would have continued with additional holes if the weather had not warmed so early. We will be keen to follow-up the pending assay results, new model insights and down-hole geophysical targets in the next round of drilling\".The Keel Zone -Principle Ni-rich mineralizationHoles RI-20-42 and RI-20-43 tested a 150-metre gap in the Keel Zone and intersected sulphide mineralization (20-25% sulphides including pyrrhotite/pentlandite with lesser amounts of chalcopyrite) over 22.2 and 24.2 metre intervals including narrower zones of semi-massive to massive sulphide This gap was bound between an up-plunge hole that returned 0.61% Ni and 0.39% Cu over 43.3 metres3 (no previous Co or PGE assays, ~20 m true width) and a down-plunge hole that returned 0.60% Ni and 0.45% Cu over 18.5 metres3 (no Co or PGE assays, ~10 m true width) (see Figure 2). Assays are expected within the next 8 weeks. True widths of the recent drill intersections are uncertain at this time.The Feeder Zone - Feeder to the Keel ZoneHole RI-21-40 was drilled to test the Feeder Zone, that occurs below the Keel and was the principal conduit of the Keel Zone mineralization (see model cross section Figure 4.),...

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