MANITOBA – Wolfden Resources of Thunder Bay, Ont., says winter drilling has extended nickel-copper-cobalt mineralization within a recently discovered feeder structure at its Rice Island property near the town of Snow Lake.
The strike length of the new zone is 200 metres, and it has been traced to a depth of 250 metres. Eleven holes were drilled to delineate the mineralization to the southwest from the historic deposit.
Assays of drill core returned the following highlights:
- 60 metres of 3.57% nickel, 1.67% copper and 0.19% cobalt from a depth of approximately 170 metres deep;
- 50 metres of 3.08% nickel, 1.13% copper and 0.16% cobalt from a depth of about 80 metres; and
- 30 metres of 2.24% nickel, 1.42% copper, and 0.10% cobalt from about 175 metres below surface.
Winter drilling from the ice at Rice Island.
Wolfden is calling the new mineralization the Boundary zone (BZ). It is interpreted to be a feeder dike of fine grained gabbro containing stringer, semi-massive and massive sulphides within an envelope of sedimentary rocks. The zone remains open along strike to the southwest and at depth. Additional drilling is planned.
Details of the regional and property geology are available at www.WolfdenResources.com.