Wolverine Initiates Trenching at DDD North
(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 08/29/11 -- WOLVERINE MINERALS CORP. (TSX VENTURE: WLV)(FRANKFURT: 4LP) ("Wolverine" or the "Company") is pleased to announce that the Company has initiated a trenching program at the newly discovered DDD North Zone in the Dawson Range, Yukon.
The Company followed up on several undocumented historical trenches from prior activities. The zone is poorly exposed near the rounded crest of an easterly trending ridge. It is associated with a feldspar-quartz porphyry dike zone that has been traced over a strike length of approximately 3 km. To date the mineralized zone has been traced for over 745 metres along strike and remains open in both directions. Epithermal style quartz veining, stockwork and breccia are exposed in float, rubble, on surface and in several trenches. A total of 13 reconnaissance samples were taken and values ranged from less than 5 ppb up to 6.29 g/t gold and from less than 0.2 g/t up to 25.7 g/t silver. Samples 1357267 (6.29 g/t Au), 1357277 (0.537 g/t Au), 1357278 (1.13g/t Au) and I357281 (2.78 g/t gold) define an apparent 085 degree or easterly trend. No other samples have been collected between anomaly sites due to lack of exposure.
The Company has expedited a small bulldozer/backhoe to the site and the trenching program is well underway.
Wolverine's disclosure of a technical or scientific nature contained in this press release has been reviewed and approved by Heather Smith, P. Geo. and James M. Dawson, P.Eng., who are qualified persons under the definition of National Instrument 43-101.
About Wolverine Minerals Corp.
Wolverine is a Canadian gold exploration company focused on finding and developing economic mineral deposits in the Yukon, Canada. The Company's primary asset is its 27 property, Wolverine Gold Portfolio with a combined land package of over 523sq/km. The Wolverine Gold Portfolio consists of 17 mineral properties in the Dawson Range Gold Belt (area of significant new discoveries including Kinross's White Gold Property, Kaminak's Coffee Property and Rockhaven's Klaza Property) and 10 properties in the Finlayson District of eastern Yukon (area of recent discoveries such as Northern Tiger's 3-ace Property, Strategic Metal's Silver Range Property, and the Ketza River gold deposit). The Company is well funded with a 2011 exploration budget of $5million and is currently conducting exploration programs on all 27 properties.
WOLVERINE MINERALS CORP.
Thomas A. Doyle, President & CEO
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Wolverine Minerals Corp.
Thomas A. Doyle
(604) 689-5722
Wolverine Minerals Corp.
Logan Anderson
(604) 689-5722
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 29.08.2011 - 13:00 Uhr
Sprache: Deutsch
News-ID 60023
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contact information:
Town:
VANCOUVER, BRITISH COLUMBIA
Kategorie:
Mining & Metals
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