Wolfden Completes Mineral Resource Estimate for Canoe Landing Deposit

Wolfden Resources Corp. has finalized a mineral resource estimate for its Canoe Landing deposit, a significant polymetallic site within the Bathurst Mining Camp, New Brunswick. The deposit's potential precious metal value surpasses 50% of its total in-situ value, marking it among the largest undeveloped sites in the area.

The report outlines indicated resources of 3,693,000 tonnes, containing 0.52% copper, 0.57% lead, and 1.71% zinc. Inferred resources include 17,133,000 tonnes with 0.53% copper, 0.61% lead, and 1.83% zinc. The deposit, remaining open at depth, might enable further expansion through additional drilling.

An ongoing metallurgical study aims to enhance precious metal recoveries by testing bio-oxidation and other methods. The endeavor has gained support from a genomics group and could significantly boost gold and silver extraction if the process proves successful.