Wolfden Resources announces MRE for Canoe Landing

Wolfden Resources (WLFFF) completed a maiden mineral resource estimate for its 100% owned Canoe Landing polymetallic massive sulphide deposit, located in the Bathurst Mining Camp of New Brunswick where the current potential precious metal value accounts for more than 50% of the total in-situ value and represents one of the largest un-developed polymetallic mineral deposits in the camp. “We are very pleased this initial mineral resource estimate and particularly the tenor of the precious metal grades and that the deposit remains open at depth and in part along strike”, stated Ron Little, CEO for Wolfden. “The project already enjoys the benefit of its size and location close to existing infrastructure and industrial sites, in one of the most supportive and experienced mining jurisdictions in North America. In addition, metallurgical work is underway with the Research and Productivity Council of New Brunswick, on a program to increase both base metal and precious metal recoveries using a complimentary metallurgical approach. Our goal is to determine if the project has the potential to be more economically robust if processing recoveries can be improved at a reasonable cost.”