$WOLV - LABRADOR MINERAL EXPLORATION PROJECT The

New Post Public Reply Private Reply Replies (0) Message Board
The Pit Bull

$WOLV - LABRADOR MINERAL EXPLORATION PROJECT

The Labrador Claims total 449 mineral claims and cover an area of approximately 11,225 hectares in central Labrador and contain a series of significant copper-gold showings. These sub-crops were discovered during construction of the Trans-Labrador Highway (TLH). Assay values of copper and gold in sulphide range from 1.38% up to 6.4% Cu and up to 0.5 g/t Au.

The Labrador Claims are located approximately 120 km west of Goose Bay, Labrador.

Significant copper-gold showing along the TLH (RS-04-02) running 2.17% Cu and 556 ppb Au.

Close-up view of copper-gold showing returning 2.17% Cu and 556 ppb Au.

Coarse disseminated and blebby sulphide in what appears to be a gabbro. Several such rock samples are located at the eastern most gossan.

Exploration History and Highlights

Wolverine Exploration Inc. (“Wolverine”) completed a prospecting program in 2006 and an airborne survey in 2007 on its Labrador mineral properties. Below is a summary of the results of the airborne survey.

  • The airborne survey has identified 8 conductive targets that warrant ground follow-up.

  • The most interesting response occurs along four 100 metre flight lines showing an east-west strike that occurs approximately 200 m north of the CR-11 (1.69% Cu) and CR-13 (2.17% Cu and 556 ppb Au) mineralized showings.

  • There are also 3 higher conductance responses on the property.

  • The magnetic field responses show east-west trends that could be associated with mineralization.

  • The radiometrics data shows numerous uranium anomalies and some potassium responses that correspond with the EM trends (suggesting geological contacts).

  • In general the EM responses are low amplitude and low conductance, which is consistent with copper & gold mineralization in low percent sulphide.

  • These EM responses do not appear to be consistent with pyrrhotite-rich sulphide (iron formation) or graphite.

  • The winter program consisted of final processing of the airborne data sets, advanced modeling of conductive targets, and the scoping of a ground follow-up program consisting of excavation and trenching.

  • Any significant copper & gold mineralization identified during the excavation and trenching of the airborne survey targets will be subject to ground induced polarization surveys to map the overall extent of disseminated mineralization.

  • Drill targets will be identified for a drill program consisting of up to 2000m.

The 2008 exploration program consisted of a ground review completed by members of the Innu Development Limited Partnership. See photographs below:

2009 Prospecting Program

In the fall of 2009 Wolverine carried out geological reconnaissance along with prospecting and sampling on three of its six Labrador licenses. Some, but not all of the known mineralized zones were sampled as this was more of a reconnaissance exercise until a more systematic program is put in place. In addition, to the usual base metal sampling, scintillometer surveys were done on the exposed rock cuts along the highway and selected areas of the southern portions of the three licenses.

Activation Laboratories (ActLab) based in Ancaster, ON, carried out mineral analysis of the Wolverine samples which included uranium content. Results indicate that there are significant copper values in three of the samples as outlined in the table below. Elevated values in gold, zinc and rare earth elements along with minor silver, cobalt and chromium are also found associated with those samples. It appears that all of these elements are associated with the copper-bearing malachite that intrudes both the regional gneisses and the younger pegmatite dikes. Malachite is sometimes associated with near surface copper deposits and it appears here, that the copper bearing solutions that permeated up through fractures or weak areas of the gneisses contained percentages of the other potentially economic minerals.



The radiometric data shows numerous uranium anomalies and some potassium responses that correspond with the EM trends (suggesting geological contacts), There is a significant east-west trending radioactive anomaly that is in excess of two kilometres in length in the southern portion of the licenses. This has yet to be explored. Scientillometer reading exceeds 1200 cps in some of the rock cuts along the highway which is moderately high. It should be noted that Aurora Energy’s giant Michelin deposit in Labrador’s Central Mineral Belt has an average grade of only 0.09% U3O8.

2010 Exploration Program

The 2010 summer exploration program followed-up previous work conducted by Wolverine since 2006 and included additional prospecting followed by trenching and a diamond drill program of selected priority targets.

Prospecting Program

Work on the Property consisted of prospecting, sampling and geological reconnaissance on and around electro-magnetic and radiometric anomalies that were identified during the 2007 airborne survey. Earlier sampling on rock cuts along the highway had shown significant values in Cu and Au that warranted further exploration. To date a total of 94 rock samples have been collected and sent to a laboratory for ICP-30 elements and Au analysis. Results have been received which indicates that several areas have elevated levels of Cu with minor Au, Pb and Zn.

The strongest anomalous area (Sample CR-11;-1.69 % Cu) was traced southwest for over a strike length of 100 meters (328 ft) in bedrock when excessive overburden prevented further examination of the zone. This exploration will be continued utilizing an excavator. The northern center of this anomaly is directly on strike, 250 meters (820 ft) from the sample site indicating a possible continuation of the zone to the north. This is scheduled for the diamond drill as the marshy area is considered unfit for trenching.

A second anomalous area that is of considerable interest to Wolverine lies one kilometer to the east (Sample RS-04-02, 2.17% Cu and 556 ppb Au) could not be traced further than the rock cut due to overburden thickness. This area is also scheduled for trenching and drilling.

The western end of the Property, will also receive a more detailed geological inspection during this phase of the exploration. The mineralization exposed here is mainly malachite (copper oxide) and is contained in meta-sedimentary gneiss. Previous sampling assayed up to 6.4 % Cu. The current program confirmed the high Cu levels and also that Au is present as well. One sample assayed at 420 ppb Au.

Continued prospecting on other areas of the property has revealed additional outcrops containing malachite alteration on the western end of the property near anomaly number one with assays of up to 5.1% Cu. This sample was taken within 300 metres of a previous sample which had an assay of 6.4% Cu.

View Photo Gallery

Diamond Drill Program

Three drill holes intersected significant sulphide mineralization containing visible chalcopyrite.

A total of six holes were drilled to test various surface showing that had been expanded by a recent trenching program. All holes were drilled at a -45o dip to cross the steeply dipping geology and provide as much information as possible.

Hole DDC-01-10 was drilled to test for a down-dip continuation of a previously sampled rock cut. Mineralization was intersected over an interval of 16.8 meters from 75.5 to 92.3 meters, containing pyrrhotite, pyrite and chalcopyrite. Sulphide was present as disseminations, blebs and stringers. The intersection was much deeper than where the surface showing had indicated, suggesting this is a new mineralized zone. Hole DDC-02-10 was drilled to test a surface gossan and intersected 1.8 meters of disseminated sulphide from 28.1 to 29.9 meters within an altered gneiss. Hole DDC-03-10 was abandoned. Hole DDC-04-10, was collared approximately 40 meters northeast of DDC-01-10 to test for a continuation of mineralization intersected in that drillhole and intersected two significant zones of sulphide mineralization with visible chalcopyrite. The upper zone was intersected over a distance of 27.5 meters starting at 4.5 meters and the lower zone was intersected over a distance of 35.2 meters starting at 71.0 meters. Holes DDC-05-10 and DDC-06-10 were drilled elsewhere on the property to test for a down-dip continuation of previously exposed mineralized gossans. There were no visible sulphides in either drillhole but a 3.0 meter section of DDC-06-10 was sampled in a sheared zone proximal to the down-dip extension of surface mineralization.

The drilling confirms the presence of anomalous copper in disseminated sulphide with assay results returning grades up to 0.24% copper and anomalous gold.

RESULTS OF INDUCED POLARIZATION (IP) SURVEY COMPLETED

2011 Exploration Program

The exploration consisted of diamond drilling and was focused on investigating the 11 priority one and priority two targets that were detected by an induced polarization survey conducted in late 2010. Four of the anomalies were drilled and a fifth was putting down casing when winter weather conditions set in and the decision was then made to demobilize for the season with the intention of continuing the completion of the rest of the program in 2012.

Of the four holes drilled, two had minor indications of sulphide mineralization with magnetite while one contained disseminated mineralization consisting of blebs of chalcopyrite and pyrite for approximately 37 metres (121 feet).

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Common Thread Advisors: Transforming Change in Business

Updated Category News Views 41

Navigating the Storm of Change: A New Player in Town You know, just when you think you've got the business world figured out, something sharp comes along. Today, it’s Common Thread Advisors, making its grand entrance to help organizations steer through the dense fog of change. This isn’t your everyday, run-of-the-mill consultancy. No sir, they’re out here with a...

Continue Reading
Amgen Declares Q4 Dividend Amidst Broad Horizons

Updated Category News Views 55

Amgen's Steady Dividend: A Testament to Stability Diving into the mess that is today's biotech market, Amgen (NASDAQ:AMGN) stands out like a beacon of stability with its recent dividend announcement. The Board's decision to dole out a $2.52 per share dividend for the fourth quarter of 2026 showcases confidence amidst both promising ventures and looming uncertainties....

Continue Reading
TELUS Digital Named a Key Player in T&S Services 2026

Updated Category News Views 35

Climbing the Ranks It’s not often you see a tech outfit surge ahead and pull off the kind of leaps TELUS Digital just managed. According to the Everest Group’s 2026 Trust and Safety Services PEAK Matrix® Assessment, TELUS Digital emerged as a Leader for the first time, riding high on advanced AI initiatives. Not just a pat on the back—that’s a big deal...

Continue Reading
Exploring Manual Lymphatic Massage: Key Benefits & Insights

Updated Category News Views 108

The Surge in Popularity of Manual Lymphatic Massage There's a whole lotta buzz around manual lymphatic drainage (MLD) these days, and folks want to know if all that hype's got any juice. During National Massage Therapy Awareness Week, the American Massage Therapy Association (AMTA) lent a hand by spotlighting what the latest research has to say about this specialized...

Continue Reading
Henlius Reports Strong Outcomes in U.S. Serplulimab Study

Updated Category News Views 180

Henlius has got tongues wagging with some hefty news out of their recent ASTRIDE trial. They've chalked up some promising results in terms of survival for folks staring down Extensive-Stage Small Cell Lung Cancer (ES-SCLC). Now, in the perennial footrace between science and disease, this is one of those rare moments where you feel like science might just pull ahead—for...

Continue Reading
Don Silvestri: NFL Vet's Service Legacy Continues

Updated Category News Views 64

More Than Just a Debt Guru It's not every day you see a former NFL player shifting gears so smoothly into the corporate world, and then to community service like a missile lock. But that's exactly what Don Silvestri, president of Debt.com, has done. Dragging a hefty reputation as a placekicker for teams like the New York Jets and the Buffalo Bills, he's now making...

Continue Reading
Epilepsy Market's Explosive Growth Forecasted to 2036

Updated Category News Views 113

It's a wild world out there for epilepsy treatments—like a relentless bull run with everyone eyeing the prize. The latest buzz points to a fat 2036 forecast for this sector, driven by a mix of standout technologies and breakthrough therapies. You'd be a fool to blink and miss it. Rising Numbers Stir the Market The numbers, oh boy, they're climbing. In 2025, about 7...

Continue Reading
Shareholder Lawsuit Targets Anavex Amid Falling Stock

Updated Category News Views 49

Anavex Under Fire: Investor Rights at the Forefront Another day, another lawsuit makin' waves in that fragile sea called the stock market. This time, it's Anavex Life Sciences Corp. (NASDAQ: AVXL) getting dunked in the soup for allegedly misleading their investors, leaving a bunch of folks wringing their hands and wallets. What's the Beef with Anavex? We've got a class...

Continue Reading
Burns Harbor Bags $11.2M to Turbocharge Operations

Updated Category News Views 46

Funding Boon for Burns Harbor It’s not every day you see a steady hand of federal money pouring into a port like Burns Harbor, and there’s an $11.2 million cherry on top from Uncle Sam to modernize this place. Yeah, you heard right—a cool eleven million to spruce up Indiana’s port operations, aimed straight at making Burns Harbor more nimble on the international...

Continue Reading
Northern.tech Enhances Product Software Control & Security

Updated Category News Views 67

The Evolution of Product Software Management Over in Palo Alto, Northern.tech has just flipped the switch on something pretty significant—component orchestration in their Mender solution. This isn't just your run-of-the-mill software update. They're talking about managing software across the entire system of a connected product. You know, pulling all the strings at...

Continue Reading

Top 5 Most Recently Viewed Articles

Accor Surpasses Q3 Expectations and Ups Earnings Forecast

Updated Category News Views 135

Accor Reports Strong Third Quarter Performance Accor has recently announced impressive results for the third quarter, surpassing market expectations and showcasing its resilient business model. With revenues reaching €1,434 million, the company exceeded consensus estimates of €1,384 million by 4%, highlighting its robust operational performance. Key Drivers of Growth...

Continue Reading
Celebrating Turab Rai, DMD as a Pinnacle Lifetime Member

Updated Category News Views 177

Celebrating an Inspiring Dentist and Leader Turab Rai, DMD, stands out not just for his impressive skills as a general dentist, but also for his dedication to mentoring and improving the lives of others. Recognized as a Pinnacle Lifetime Member, Dr. Rai's contributions to the field of dentistry and his commitment to guiding future professionals have set him apart in the...

Continue Reading
Henlius Unveils Strategic Globalisation and Innovation Plans

Updated Category News Views 121

Henlius Unveils Its Vision for Biopharmaceutical Globalisation At a recent healthcare conference, Henlius showcased its ambitious "Globalisation 2.0" strategy, emphasizing a robust innovation blueprint aimed at transforming the biopharmaceutical landscape. As an important event in the health sector, the conference brought together over 8000 leaders, innovators, and...

Continue Reading
Capital Credit Union Enhances Operations with Jack Henry Solutions

Updated Category News Views 162

Capital Credit Union Partners for Operational Excellence Capital Credit Union has made a significant move towards modernizing its operations by partnering with Jack Henry, a respected provider in financial technology. This collaboration aims to create a more robust system that supports the credit union's ongoing growth and enhances its service offerings to members. Legacy...

Continue Reading
Japan’s Economic Trends Spark Peter Schiff’s Market Warning

Updated Category News Views 392

Japanese Bond Yields Reach New Heights Recently, Japanese government bond yields have soared to a notable 15-year high, with the yield on the 10-year JGB hitting 1.40%. This surge is primarily attributed to positive economic growth in Japan, leading to anticipations of further monetary tightening from the Bank of Japan. As the financial landscape evolves, these...

Continue Reading