NUNAVUT – In 2005, WOLFDEN RESOURCES of Thunder Bay, Ont., discovered a new base metal zone at its Sand Lake prospect, located 12 km north of the company’s 100%-owned High Lake property. Initial drilling results from the 2006 program returned 3.29% Cu over 15.05 m.
Wolfden’s Sand Lake program has successfully delineated a near-surface, copper-rich horizon with the best mineralization being identified over a strike length of 200 m. This prospective horizon remains open at depth. Additionally, a significant, more-than-10-m-wide zinc-rich zone was intersected on the north-most section drilled.
Forty-five kilometres south of the Izok deposit and in the same greenstone belt, Wolfden geologists collected grab samples from the south shore of Point Lake. The samples returned assays of 2.04% Cu, 9.00% Zn and 58 g/t Ag as well as 2.46% Cu, 7.23% Zn and 70g/t Ag. Historical drilling (three holes) traced the mineralized horizon to the south; however, the prospective northern extension under Point Lake remains wide open, according to the company.
Keep abreast of all three Wolfden projects in Nunavut at www.WolfdenResources.com.