High Lake drilling confirming grades

Infill drilling by Wolfden Resources (YWO-V) at the High Lake copper-zinc deposit in Nunavut has returned high copper grades.

Four drill holes were recently completed on the deposit, about 500 km northeast of Yellowknife, N.W.T. Two holes tested the updip extension of the deposit’s known B Zone. One cut a 14.4-metre interval grading 12.73% copper, 0.46% zinc, 0.79 gram gold and 40.6 grams silver per tonne. Two other intervals in the same zone, 3.1 and 4.2 metres wide repectively, returned copper grades in the 3-4% range.

The second hole cut a 4.3-metre intersection of massive sulphides grading 1.414% copper, 0.22% zinc, 1.2 grams gold and 49 grams silver per tonne. Wolfden’s geologists believe it is a remnant of massive sulphide enclosed in a diabase dyke that post-dates the mineralization.

Two other infill holes confirmed wide intersections of massive sulphides with copper grades of 2.66% to 7%. One hole cut two other zones; these appear to correlate with intersections found by previous operators and may indicate parallel mineralized zones deeper than the B zone.

Wolfden expects to be drilling again this week.

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