Wolfden finds new zones at High Lake

The regional potential of Wolfden Resources‘ (WLF-T) High Lake property has been brought to light by drilling results at Sand Lake, about 12 km north of the main High Lake mineralization.

Drilling followed up a ground electromagnetic survey that had defined several conductive areas. Three holes intersected stringers and massive sulphides, including a 21-metre interval grading 2.71% copper and 0.17% zinc, plus 20.8 grams silver and 0.3 gram gold per tonne.

Only one conductor could be drilled before breakup, but others, to be tested once the ice is back on the lakes, are close to discoveries of sulphide-mineralized boulders. Wolfden says it plans a “major drilling campaign” in the fourth quarter.

A new zone called Swell has been identified in drilling near the previously drilled 007 zone. Four holes were drilled on Swell; no significant values were intersected in the first three, though the fourth cut 9.4 metres grading 3.16% copper with minor zinc, silver and gold credits. Drilling on 007 did not expand the zone, but two holes intersected mineralization about 6 metres wide with copper and zinc mineralization plus significant precious metal credits.

Condemnation drilling below High Lake, which has been proposed as a tailings disposal pond, intersected 9 metres of 3.73% copper, 0.03% zinc, 28.5 grams silver and 0.4 gram gold per tonne. Two other holes did not encounter any significant mineralization.

Three new holes on the Gambler zone, a 2004 discovery, cut sulphide mineralization over core lengths of 1-5 metres, with both copper and zinc values. Among the better intersections were a 4-metre interval on Gambler 3 that graded 1.26% copper, 0.85% zinc, 0.13% lead, 66.2 grams silver and 0.3 gram gold, and a 4.3-metre intersection on Gambler 1 that returned 1.76% copper, 0.63% zinc, 0.08% lead, 105.9 grams silver and 0.3 gram gold.