NEW BRUNSWICK – Wolfden Resources Corp. of Thunder Bay, ON, has updated the status of its flagship Clarence Stream gold project 70 km southwest of Fredericton. The first phase of the drill program to test some of the Proximal deposits has been completed totalling 4,000 metres.
At the East zone, seven holes tested the down-plunge extent of existing inferred resources. Notable results included 8.80 g/t Au over 2.50 metres, 5.22 g/t over 3.00 metres, 6.44 g/t over 1.85 metres, and 10.30 g/t over 0.30 metres.
Clarence Stream is estimated to contain 822,000 indicated tonnes grading 9.11 g/t Au (uncut) or 241,000 contained ounces. There is also an inferred resource of 1.23 million tonnes grading 7.95 g/t Au (uncut) or 313,000 contained ounces.
A complete list of recent drill results is posted at WolfdenResources.com.