MANITOBA – Wolfden Resources Corp
. of Thunder Bay, ON, continues to drill its 100% owned Rice Island nickel-copper property in the Snow Lake Greenstone Belt, and the results are very promising. All 19 holes the company has drilled at the project intersected semi-massive and massive sulphides with high grade mineralization.
The Main zone continues to return good grades.
- Hole RI-15-16 returned 0.56% Ni and 0.45% Cu over 63.7 metres, including 1.34% Ni and 1.06% Cu over 5.7 meters, and within that intersection 2.04% Ni and 1.60% Cu over 2.60 metres.
- Hole RI-15-17 returned 0.54% Ni and 0.47% Cu over 41.3 metres, including 1.57$ Ni and 1.84% Cu over 3.8 metres.
- Hole RI-15-18 returned 0.59% Ni and 0.35% Cu over 38.3 metres, including 1.22% Ni and 0.67% Cu over 10.2 metres. The higher intersection also included 3.34% Ni and 1.43% Cu over 1.9 metres.
- Hole RI-15-19 returned 0.44% Ni and 0.26% Cu over 6.3 metres, including 2.05% Ni and 0.45% Cu over 0.7 metres.
Wolfden conducted a large loop electromagnetic (LLEM) survey at Rice Island last year to delineate potential satellite, parallel or deeper deposits outside the known Main zone. Two targets have been selected for drilling during this winter’s program. Drilling will also take place at the New Lower zone in hopes of expanding it.
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