Wolverine Exploration Announces Acquisition of Gold Property in British Columbia

Vancouver, British Columbia, June 12, 2013-Wolverine Exploration Inc. ("Wolverine") (OTCQB:WOLV) announced today that it has entered into an Agreement (the "Agreement") with 0969015 B.C. Ltd ("0969015") to acquire the Eureka Project Claims located in the Cariboo Mining District of British Columbia. Under the terms of the Agreement Wolverine will issue 35,000,000 common shares to 0969015 at a deemed price of USD$0.01 as full consideration for the acquisition of the Eureka Project Claims.

The Eureka Project Claims, with a total area of 3,910.67 hectares (9,663.5 acres), are immediately adjacent to the Wingdam Project. The property is located along the north and south banks of Lightning Creek, spanning south to Sovereign Creek at its confluence with Atis Creek. Highway 26 runs along the northeastern boundary and the Swift River forest service road runs through the property. All areas of the property are accessible by forest service roads. The property is located 30 km east of Quesnel in Central British Columbia. Access is via the all-weather Barkerville Highway No. 26, then by logging and mining roads through the property.

The Cariboo Mining District in south-central British Columbia has a history as a world-class producer of gold.

Click Here to view map of Cariboo District.

One of the richest producers was the underground mine at Wingdam with historic gold production noted at approximately 26,888 ounces of gold, mined from 153,672 tons.

Overall, historic gold production in the Cariboo area was approximately 3.8 million ounces, 2 million from placer operations and 1.8 million from lode deposits. These totals are an estimate only as prior to 1874 production was not recorded. 90 percent of the placer gold was recovered from Late Pleistocene, pre-glacial and interglacial gravels in buried paleo-channels of modern stream valleys. In addition, the placer operation from the Bullion pit at Likely, BC produced 175,000 ounces of gold and 1,800 ounces of platinum. Gold and platinum were also reported in placers in the Frank Creek area in similar proportions.

On behalf of the Board

Lee Costerd

President

For further information please contact:

Ronald Jones (778) 297-4409

mailto:investor@wolverineexplorationinc.com

http://www.wolverineexplorationinc.com/

Or

The Foothills Group

San Jose, CA

1-888-516-7415 (toll free)

mailto:info@foothillsgroup.com

http://www.foothillsgroup.com/