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Wolfden commences diamond drilling on its Orvan Brook Property in the Bathurst Mining Camp, New Brunswick

Published 16 June 2017

Wolfden Resources Corporation announced that it has commenced diamond drilling on its 100%-owned Orvan Brook property.

The Property is well located proximal to infrastructure, approximately 35 kilometres west of the City of Bathurst and 15 kilometres east-northeast of Trevali Mining Corporation's Caribou mine and mill facility, in the prolific Bathurst Mining Camp of northeastern New Brunswick.

THE ORVAN BROOK PROPERTY:

The property is host to the Orvan Brook Zn-Pb-Cu-Ag-Au massive sulphide deposit that was discovered in 1939 and has seen only moderate previous drilling that identified high-grade mineralization over a strike length of more than two (2) kilometres.  Wolfden's compilation of the historical data reveal a number of high-grade intersections occurring within 200 metres of surface, including  0.31% Cu, 2.44% Pb, 8.63% Zn & 71.0 g/t Ag over 4.88 metres (T-24), 0.31% Cu, 2.44% Pb, 8.63% Zn, 81.00 g/t Ag over 4.88 metres (T-27) and 0.32% Cu, 1.56% Pb, 5.39%  Zn, 50.84 g/t Ag over 6.00 metres (B-4).  There are significant gaps of 300 to 400 metres between these drill holes, where potential exists along strike and down-dip from such holes to establish significant mineralization.  A similar target area occurs 400 metres below surface where there is significant room to expand on massive sulphide intercepts including 0.44% Cu, 2.31% Pb, 7.37% Zn & 89.20 g/t Ag over 5.62 metres as well as 0.28% Cu, 2.85% Pb, 8.16% Zn, & 82.90 g/t Ag over 5.47 metres.

The priority areas will be targeted in an initial drill program comprising approximately 6,000 metres aimed at helping establish a mineral resource estimate.  Results will be released as they become available.

The Orvan Brook deposit is hosted in sedimentary rocks overlying felsic volcanic rocks of the Spruce Lake Formation, a stratigraphic position known to host some of the larger base-metal deposits in the Bathurst Mining Camp, including Trevali's Caribou deposit (Measured and Indicated Resource: 7.23 MT @ 0.43% Cu, 2.93% Pb, 6.99% Zn, 84.4 g/t Ag & 0.89 g/t Au, Inferred Resource: 2.69 MT @ 0.37% Cu, 2.81% Pb, 6.95% Zn, 87.3 g/t Ag & 1.23 g/t Au).



Source: Company Press Release