Wolfden tests High Lake

Drilling by Wolfden Resources (YWO-V) has intersected additional deep mineralization in the middle portion of the High Lake massive sulphide deposit in Nunavut, some 45 km from tide water on the Arctic coast.

The junior is carrying out a drilling program aimed at expanding the potential of the High Lake deposit, which already ranks as one of the highest-grade, undeveloped polymetallic deposits in Canada.

At last report, High Lake hosted a drill-indicated resource of 5.3 million tonnes averaging 4.05% copper, 2.36% zinc, 1.76 grams gold and 31.73 grams silver per tonne contained within the A/B and D zones.

Most of this resource can be mined using open-pit methods.

Highlights from the latest round of drilling include: 12.73% copper over 14.35 metres; 14.14% copper over 4.3 metres; 7% copper over 47 metres; 3.13% copper over 54.15 metres; and 8.42% copper over 4.55 metres.

Wolfden recently raised $650,000 to fund ongoing work programs at High Lake and at other properties.