Wolfden Resources, headquartered in Thunder Bay, Ont., has the results of diamond drilling at its 100% owned Orvan Brook property near Bathurst. The property is only 15 km from the active Caribou zinc-lead mine.
The company drilled 10 holes – four on the West lens and six on the East lens – for a total 0f 2,649 metres late last year. The best results came from the West lens, including 4.40 metres grading 7.18% zinc, 2.78% lead, 0.10% copper, 68.40 g/t silver and 0.76 g/t gold (12.14% zinc equivalent) and 3.25 metres grading 6.76% zinc, 3.19% lead, 0.11% copper, 76.30 g/t silver and 0.55 g/t gold (11.94% zinc equivalent).
The widths and grades Wolfden has drilled are similar to the nearby Caribou mine, said the company in a news release.
The Orvan Brook deposit was discovered in 1938 and is part of the company’s Tetagouche property. The deposit has historical resources of 2.7 million tonnes grading 0.59% zinc, 1.7% lead, 0.40% copper, 72.0 g/t silver, and 1.0 g/t gold.
This story first appeared in the Canadian Mining Journal.