Wolverine Resources Corp WOLV

Metals & Mining Industrial Metals & Minerals

Wolverine Resources Corp. is a Canada-based junior exploration company. The Company is engaged in the identification, acquisition and exploration of mineral properties in Labrador, Canada. The Company holds a 90% interest in their Cache River copper-gold property and 40% interest in their Frog property and Hook Property. The Frog property is located approximately 70 kilometers (km) west-northwest of Natuashish and 65 km southwest of Nain, Labrador, situated 30 km south of the Voisey's Bay nickel, copper and cobalt deposit operated by Voisey's Bay Nickel Company Ltd. The Frog property consists of five contiguous licenses totaling 6,550 hectares (ha). The Cache River property is located approximately 120 km west of Goose Bay, Labrador. The Property can access via the Trans-Labrador Highway (Route 500). The Property consists of three contiguous licenses totaling 7,875.5 ha. The Hook property is located approximately 84 km west of Natuashish and 93 km southwest of Nain, Labrador.

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Wolverine Resources Corp

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Post by elmacanuckon Oct 17, 2011 11:45am

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Wolverine Instersects Sulfide Mineralization

NEWS

https://www.alphatrade.com/news/stories/AM/2011-10-17/PRN/201110170900PR_NEWS_USPR_____SF87435.html

VANCOUVER, British Columbia, Oct. 17, 2011 /PRNewswire/ -- Wolverine Exploration Inc. (WOLV-OTCQB & OTCBB) is pleased to provide an update on its ongoing exploration program on its property in central Labrador. The present program consists of continuing prospecting, geological evaluation and diamond drilling. The drilling program is focused on investigating the anomalies that were identified by a recent induced polarization survey (IP) carried out late in 2010.

To date, three anomalous areas have been or are being drilled on the property. Drill hole CR1-05-11 has intersected several minor zones of sulphide mineralization containing chalcopyrite (Cu) with lenses of magnetite being the probable cause of the anomaly. Drill hole CR1-06-11 was ended at 44.1 meters when no cause of that anomaly could be identified in the core.

However Drill Hole CR1-08-11 intersected sulphide mineralization immediately on entering bedrock. Mineralization consists of blebs and stringers of chalcopyrite with associated pyrite. The mineralization continues for a core length of 37 meters. This entire section is currently being cut and will be sent for analysis including gold content.

All of the anomalies that were identified by the IP survey suggests a linear expression of from 0.6 to 1.0 km and all strike in a NE/SW direction and are parallel to each other suggesting a strong geological trend. Wolverine intends to investigate all of those targets with diamond drilling.

On behalf of the Board

Lee Costerd

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