Earlier today, one of the members of my website sponsorship program, Wolfden Resources (WLF.V), announced another batch of drill results and the project continues to get better each time they do more drilling. They reached some significant milestones in this drilling, including thick intersections right at the surface, with strong grades, they also hit the thickest intersection of the New Lower Zone that returned 2.42% nickel, 1.29% copper and 0.16% cobalt over 21.10 metres. Equally exciting information about the importance of this hole is also in the news, they talk about the geophysical anomaly out in front of the New Lower Zone being wide open.
I’m going to get in touch with Don Hoy from Wolfden about coming on a show in the next day or two, he is great at putting together the model of the discovery and explaining it, having him on a show will give me a chance to ask questions while he explains the drill results. I’ve been following the project closely, so I can visualize how significant these holes are in context to the geophysical work, drilling, and the evolving model, but I’m pumped to get Don Hoy on so he can bring the maps and walk us through the discovery.
I’m not only proud that I started covering Wolfden from the first drill results they had from this project and that they have continued to deliver great results, I’m also proud that I invited them to join my website sponsorship program. For the longevity of this program, it is crucial for me to find companies with excellent projects when they are not being recognized by the market and present them to my knowledgeable audience of professionals and investors that follow my work. Wolfden was the first to join my website sponsorship program and I’m really happy they are getting impressive results with the truth machine each time they do a drilling program.
These kinds of high-grade nickel-copper-cobalt don’t come along very often, especially in a place so close to a mining town and all the infrastructure you could ask for, I strongly believe that we are in the early days of watching an exciting discovery evolve. The discovery starts at surface, and there are portions of the zone that are pretty large for the high-grade and the geophysics that have been working well are wide open in front of the thickest intersection, to date, of high-grade in the New Lower Zone.
It looks to me like, in addition to the near-surface results and the high-grade, that there is pinching and swelling along strike and at depth, I can’t wait to see more drilling because it is becoming clear that there will be structural traps where a lot of that high-grade nickel-copper-cobalt can accumulate into large pockets, and that potential is wide open along strike and at depth with the potential for this to repeat on other areas on the project. Stay tuned, I will get Don Hoy to come on a show and see if I’m on the track.
All the best,
Allan Barry Laboucan
PS, my reports are for information purposes only, before making any investment decisions it is important to do your homework and speak with your financial advisers.
Website Sponsor Messages
My work is made possible through website sponsorship and consulting; I invite you to check out my sponsors.
Premier Gold Mines (PG.T)
Gold focused, with strong projects from exploration to mining in Ontario and Nevada. Visit their website at www.premiergoldmines.com to do your homework.
West Red Lake Gold Mines (CSE: RLG)
Gold focused, drilling high-grade gold, targeting Hinge Zone in Red Lake, with Goldcorp as their partner. Visit their website at www.westredlakegold.com to do your homework.
Wolfden Resources (WLF.V)
Base metals focused, with a discovery of high-grade nickel-copper near Snow Lake, Manitoba. Visit their website at www.wolfdenresources.com to do your homework.