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Wolfden Files Nl 43-101 Technical Report for the Pickett Mountain Project

Mining News - Published on Thu, 14 Feb 2019

Image Source: SteelGuru
Wolfden Resources Corporation announced that an independent technical report entitled National Instrument 43-101 Technical Report, Pickett Mountain Project Resource Estimation Report, Penobscot County, Maine, USA" with an effective date of January 7, 2019 has been filed on SEDAR. The mineral resource statement was previously announced by the Company in a news release dated January 7, 2019 using a 9% zinc equivalent (ZnEq) cut-off grade as per the table below.

January 7, 2019 Mineral Resource Statement
CategoryTonnes% Zn% Pb% Cug/t Agg/t AuDensity% ZnEq
Indicated20500009.883.931.38101.580.923.9919.32
Inferred203000010.984.351.2111.450.92420.61
 


The deposit is composed of two principle zones and a newly discovered footwall zone in drill hole PM-18-031 that intersected 4.1 metres at 38.2% ZnEq, including 16.6% Zinc, 8.4% Lead, 1.9% Copper, 612.0 g/t Silver and 0.5 g/t Gold that remain open for potential expansion (see Company news release dated January 15, 2019). The Company is planning its 2019 follow-up drill program and additional technical studies to continue to expand and upgrade the mineral resources of the project.

Source :

Posted By : Rabi Wangkhem on Thu, 14 Feb 2019
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