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Last C$0.15 CAD
Change Today +0.01 / 7.14%
Volume 322.5K
WLF On Other Exchanges
As of 3:36 PM 05/22/15 All times are local (Market data is delayed by at least 15 minutes).

wolfden resources corp (WLF) Snapshot

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10/24/14 - C$0.32
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05/20/15 - C$0.11
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wolfden resources corp (WLF) Details

Wolfden Resources Corporation is engaged in the exploration and development of mineral properties in North America. It explores for gold, antimony, sulphide, and base-metal deposits. The company holds a 100% interest in the Tetagouche property covering an area of approximately 20,000 hectares located in the north-eastern New Brunswick, Canada; and a 100% interest the Clarence Stream property that consists of 793 mineral claims comprising 17,446 hectares located in New Brunswick, Canada. Wolfden Resources Corporation was incorporated in 2009 and is headquartered in Thunder Bay, Canada.

Founded in 2009

wolfden resources corp (WLF) Top Compensated Officers

Chief Executive Officer
Total Annual Compensation: C$125.0K
President, Director and Member of Nominating ...
Total Annual Compensation: C$125.0K
Chief Financial Officer
Total Annual Compensation: C$18.0K
Compensation as of Fiscal Year 2014.

wolfden resources corp (WLF) Key Developments

Wolfden Resources Corporation Acquires Strategic Property Adjoining Formerly Producing Brunswick No. 6 Mine, Bathurst Mining Camp, New Brunswick

Wolfden Resources Corporation announced the acquisition by claim staking of the Brunswick No. 6 West property. The wholly-owned Property comprising 154 mineral claims totaling 3,367 hectares adjoins the formerly producing Brunswick No. 6 mine and is located proximal to infrastructure, 20 kilometres southwest of the City of Bathurst, in the heart of the Bathurst Mining Camp (BMC). The Brunswick No. 6 West Property: The Property is underlain by several kilometres of the favourable 'Brunswick Horizon' that hosts both the Brunswick No. 12 mine (past production of 137 million tonnes at 8.47% Zn, 3.44% Pb, 0.37% Cu & 102.2 g/t Ag1) and the immediately adjacent Brunswick No. 6 mine (past production of 12.1 million tonnes at 5.43% Zn, 2.16% Pb, 0.39% Cu & 67 g/t Ag1). In addition to Brunswick No. 6 and Brunswick No. 12, the neighbouring Flat Landing Brook deposit is hosted within the Brunswick Horizon (historical resource of 1.27 million tonnes at 5.62% Zn, 1.29% Pb and 23 g/t Ag2). The large and most economically important massive sulphide deposits in the BMC occur at or near the Brunswick Horizon, commonly comprising volcaniclastic rocks of the Nepisiguit Falls formation overlain by an oxide iron formation. A recently completed drill hole on the Property, AB-12-12, intersected over 140 metres of highly altered and mineralized Brunswick Horizon rock types. Specifically, the drill hole encountered a thick magnetite-chlorite iron formation underlain by a thick zone of stringer sulphide mineralization within strongly altered felsic volcanic rocks. Sampling returned broad intervals of anomalous base-metal mineralization. A follow-up bore-hole electromagnetic survey defined a strong off-hole conductor interpreted to lie within 30 metres of the drill hole intersections. The strong anomaly delineated by the survey was not tested by drilling. Wolfden intends to drill test this anomaly in the spring and will also complete a property-wide compilation to help define additional drill targets.

Votorantim Metals Canada Inc., Wolfden Resources Corporation - M&A Call

To discuss the non-binding letter of intent signed with Votorantim Metals Canada Inc. to acquire its effective 65% interest in the Murray Brook Zn-Pb-Cu-Ag massive sulphide deposit located in the Bathurst Mining Camp (BMC) of northern New Brunswick

Wolfden Resources Corporation Signs Letter of Intent with Votorantim Metals Canada Inc. to Acquire 65% Interest in Murray Brook Zn-Pb-Cu-Ag Massive Sulphide Deposit Located in the Bathurst Mining Camp of Northern New Brunswick

Wolfden Resources Corporation announced that it has signed a non-binding letter of intent (LOI) with Votorantim Metals Canada acquire its effective 65% interest in the Murray Brook Zn-Pb-Cu-Ag massive sulphide deposit located in the Bathurst Mining Camp (BMC) of northern New Brunswick.  The Murray Brook deposit is situated on the Murray Brook JV property, consisting of Mining Lease 252 (that contains the deposit itself) and Mineral Claim Block 4925 that ties-on to the east of the mining lease. Collectively, the 2 land tracts totaling 3,792 hectares comprise the Property, all of which is included in the subject LOI with Votorantim Metals Canada Inc. Terms of the transaction: Wolfden will acquire Votorantim Metals Canada Inc.'s 35% interest in the property plus the partially executed option on a further 30% of the property (option agreement) in consideration of paying to the vendor: a. CAD 2.0 million upon closing; b. CAD 0.75 million payable 6 months from closing; c. CAD 0.75 million payable 12 months from closing; and d. CAD 1.0 million upon commercial production plus a laddered NSR starting at 0.25% at a zinc price of USD 1.04/lb and increasing, in increments of 0.25%, to a maximum of 1.5% above USD 1.50/lb Zn, in relation to 65% of the production.


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