NICKEL-COPPER: Wolfden drilling at Rice Island returns 1.18%Ni and 0.69% Cu

MANITOBA – The Rice Island nickel-copper property 10 km southeast of Snow Lake has assayed well for Wolfden Resources Corp. of Thunder Bay, ON. Four holes were drilled in both a previously known zone and a new one. The new zone of mineralization, known as the New Lower Zone (NLZ), is situated structurally below the Main zone. The NLZ was discovered while drilling an airborne VTEM conductor that appears to represent an extension of the Main zone. Three holes collared on the same set-up at different inclinations, intersected the NLZ at relatively shallow depths of less than 120 metres. Assays from the NLZ are highlighted by results of 1.14% Ni and 0.70% Cu over 14.1 metres, including 2.66% Ni and 0.77% Cu over 2.20 metres, as well as 2.90% Ni and 1.11% Cu over 2.00 metres. Another intersection returned 1.07% Ni and 0.83% Cu over 6.30 metres, including 1.82% Ni, 0.73% Cu over 2.40 metres. Drill results in the Main zone include 1.18% Ni, 0.69% Cu over 51.90 metres, including 3.29% Ni and 1.32% Cu over 12.40 metres. Wolfden will continue the Rice Island drill program to trace the NLZ along strike and to establish its relationship with the Main zone. Details are posted at WolfdenResources.com.