Wolfden Resources Corp. is pleased to announce the completion of a non-brokered private placement of 1,550,000 common shares of the Company that are "flow-through shares" within the meaning in the Income Tax Act at a price of $0.40 per Flow-Through Share for gross proceeds of $620,000. The securities issued under this Offering are by way of private placement in the provinces of Ontario and British Columbia, pursuant to [...]
Wolfden Resources Corp. is pleased to announce additional positive drill results from its wholly owned Pickett Mountain Property in Northeastern Maine. Results include all assays for the final six holes that targeted the Footwall Zone that was discovered approximately150-200 metres north of the Pickett Mt. deposit. This massive to semi massive sulphide to stringer sulphide lens continues to deliver better than expected [...]
Drill Program to commence on its Rice Island Strategic-Metal Ni-Cu-Co Deposit Wolfden Resources Corp. is pleased to announce that the Company has been awarded a $230,000 grant from the Manitoba Mineral Development Fund to support a 2,300 metre diamond drill program designed to expand its wholly owned Rice Island strategic-metal nickel-copper-cobalt deposit. The deposit is well located near the town of Snow Lake and its [...]
Wolfden Resources Corp. announces today announces that it intends to complete a non-brokered private placement of up to 1,500,000 common shares of the Company that are "flow-through shares" within the meaning in the Income Tax Act at a price of $0.40 per Flow-Through Share for gross proceeds of up to $600,000. The Company may, in its sole discretion, increase the size of the Offering, by up to 15% for up to an additional [...]
Wolfden Resources Corp. announces that it has granted a total of 1,750,000 options to purchase common shares of the Company to certain directors, officers, employees and consultants pursuant to the Company's Share Incentive Plan. Such options have an exercise price of $0.32 per common share and expire on February 4, 2026. The grant relates in part to the Company's annual review of compensation and notes that the last [...]
Wolfden Resources Corp. is pleased to announce that it has completed a non-brokered private placement of 6,250,000 common shares of the Company at a price of C$0.32 per Common Share with Altius Minerals Corporation and Kinross Gold Corporation for gross proceeds of $2 million . Altius now holds approximately 12.6% and Kinross holds approximately 11.4% of the issued and outstanding shares of the Company. The majority of [...]
Wolfden Resources Corporation is pleased announce that it has entered into a subscription agreement with Altius Minerals Corp. and Kinross Gold Corporation for a non-brokered private placement of 6,250,000 common shares of the Company at a price of C$0.32 per Common Share for gross proceeds of $2 million . Upon closing, Altius will hold approximately 12.5% and Kinross will hold approximately 11.4% of the issued and [...]
Highlights include 52.9% ZnEq over 0.75 metres in the Footwall of the East Lens Wolfden Resources Corporation is pleased to report additional positive step-out drill results proximal to the known polymetallic mineral resource of the Company's wholly owned Pickett Mountain deposit in Northeastern Maine. Hole PM20-07 intersected 52.9% ZnEq over 0.75 metres that is comprised of 24.2% Zn, 11.2% Pb, 3.1% Cu, 514 g/t Ag and 2.1 [...]
Historical results indicate a significant silver-rich polymetallic system Wolfden Resources Corporation is pleased to announce it has signed an option agreement to earn a 100% interest in the Big Silver Project in Maine. Historical work on the property discovered a significant silver rich polymetallic system where 2,854 core samples averaged 28 g/t Ag and were locally as high as 2,245 g/t Ag. In addition, soil samples [...]
Highlights include Wolfden's deepest intersection to date at 2600 feet below surface Wolfden Resources Corporation is pleased to announce additional positive results and an update for its ongoing +5,000 metre drill program at its wholly owned Pickett Mountain Project in Northeastern Maine. Thirteen of the fifteen planned drill holes as per Table 1., have been completed including hole PM20-13 the deepest hole drilled by [...]
Wolfden Resources Corporation is pleased to announce that an independent technical report entitled "National Instrument 43-101 Technical Report, Preliminary Economic Assessment Pickett Mountain Project, Penobscot County, Maine, USA" with an effective date of September 14, 2020 has been filed on SEDAR. Highlights of the economic study were previously announced by the Company in a news release dated September 14, 2020. The [...]
Holes PM20-03, 04, and 09 confirm Fold in West Lens and Potential to Add to Resources Hole 04 intersects 18.97% ZnEq over 3.9 metres and 24.62% ZnEq over 3.4 metres Wolfden Resources Corporation is pleased to announce additional positive results and an update for its ongoing 5,000 metre drill program at its wholly owned Pickett Mountain Project in Northeastern Maine. Ten holes have been drilled to date to test for [...]