Wolfden Resources has reported that the second hole drilled into the high-grade footwall zone (FWZ) discovery at its wholly owned Pickett Mountain project in northern Maine, United States, intersected a 4.2-meter (m) sulphide-bearing horizon approximately 25 m above the discovery hole, which intersected 4.1 m grading 38.2 % zinc equivalent, confirming the potential for a new lens to add to mineral resources at Pickett Mountain.
Wolfden’s 2019 drill program includes up to 10,000 m of diamond drilling, focused on expanding Pickett Mountain mineral resources and other lenses, as well as testing high-priority local and regional targets.
Pickett Mountain is a high-grade volcanogenic massive sulphide deposit close to infrastructure. Current mineral resources are estimated at 2.05 million metric tons (mt) grading 19.3% zinc equivalent indicated and 2.03 million mt grading 20.6% zinc equivalent inferred, using a 9% zinc equivalent cut-off grade.
The new intersection confirmed that the FWZ is a steeply dipping lens with a horizontal width of 3.5 m at a vertical depth of 625 m below surface. The intercept is comprised of disseminated to semimassive sulphide mineralization, with appreciable sphalerite and galena and lesser amounts of chalcopyrite and pyrite contained within a silica-iron carbonate-bearing volcanic exhalative horizon.
Wolfden Resources is a Canadian company headquartered in Thunder Bay, Ontario.