Wolverine Announces 2025 Exploration Plans
Wolverine Resources Corp. (WOLV) has announced its 2025 exploration plans for three properties in Labrador. The Frog property, located 30 km south of Voisey's Bay mine, shows potential for an Iron-Oxide Copper Gold (IOCG) deposit, with rock samples containing rare earth elements and a 1 km long magnetic body. The Hook property, 24 km southwest of Frog, features strong rare earth element anomalies and will undergo prospecting and ground magnetics surveys. The Cache River property, located 100 km west of Goose Bay, has shown copper mineralization with samples grading up to 5.1% Cu and 420 ppb Au. Wolverine plans to drill test 8 new high-priority targets here.
The company plans to finance these exploration activities through either private placement or a new joint venture partnership.
Wolverine Resources Corp. (WOLV) ha annunciato i piani di esplorazione per il 2025 su tre proprietà in Labrador. La proprietà Frog, situata a 30 km a sud della miniera di Voisey's Bay, presenta potenzialità per un deposito di Ferro-Ossido Rame Oro (IOCG), con campioni di roccia contenenti elementi delle terre rare e un corpo magnetico lungo 1 km. La proprietà Hook, a 24 km a sud-ovest di Frog, mostra forti anomalie di elementi delle terre rare e sarà oggetto di prospezione e indagini magnetiche a terra. La proprietà Cache River, situata a 100 km a ovest di Goose Bay, ha mostrato mineralizzazione di rame con campioni che raggiungono fino al 5,1% di Cu e 420 ppb di Au. Wolverine prevede di eseguire perforazioni su 8 nuovi obiettivi ad alta priorità in questa zona.
L'azienda intende finanziare queste attività di esplorazione tramite un collocamento privato o una nuova partnership in joint venture.
Wolverine Resources Corp. (WOLV) ha anunciado sus planes de exploración para 2025 en tres propiedades en Labrador. La propiedad Frog, ubicada a 30 km al sur de la mina Voisey's Bay, muestra potencial para un depósito de Cobre Oro con Óxidos de Hierro (IOCG), con muestras de roca que contienen elementos de tierras raras y un cuerpo magnético de 1 km de longitud. La propiedad Hook, a 24 km al suroeste de Frog, presenta fuertes anomalías de elementos de tierras raras y será sometida a prospección y estudios magnéticos terrestres. La propiedad Cache River, situada a 100 km al oeste de Goose Bay, ha mostrado mineralización de cobre con muestras que alcanzan hasta 5.1% de Cu y 420 ppb de Au. Wolverine planea realizar perforaciones en 8 nuevos objetivos de alta prioridad aquí.
La compañía planea financiar estas actividades de exploración mediante una colocación privada o una nueva asociación conjunta.
Wolverine Resources Corp. (WOLV)는 래브라도에 있는 세 개의 부동산에 대한 2025년 탐사 계획을 발표했습니다. Frog 부동산은 Voisey's Bay 광산에서 남쪽으로 30km 떨어진 곳에 위치하며, 희토류 원소가 포함된 암석 샘플과 1km 길이의 자기체가 있어 철산화구리금속(IOCG) 광상 가능성을 보여줍니다. Hook 부동산은 Frog에서 남서쪽으로 24km 떨어진 곳에 위치하며, 강한 희토류 원소 이상 신호가 나타나 탐사 및 지상 자기 탐사 조사가 진행될 예정입니다. Cache River 부동산은 Goose Bay에서 서쪽으로 100km 떨어진 곳에 위치하며, 구리 광화가 확인되었고 샘플은 최대 5.1% Cu와 420 ppb Au의 등급을 보였습니다. Wolverine은 이곳에서 8개의 신규 고우선순위 목표에 대해 시추를 계획하고 있습니다.
회사는 이러한 탐사 활동을 사모펀드 또는 새로운 합작 투자 파트너십을 통해 자금을 조달할 계획입니다.
Wolverine Resources Corp. (WOLV) a annoncé ses plans d'exploration pour 2025 sur trois propriétés au Labrador. La propriété Frog, située à 30 km au sud de la mine de Voisey's Bay, présente un potentiel pour un gisement de cuivre-or à oxydes de fer (IOCG), avec des échantillons de roche contenant des éléments de terres rares et un corps magnétique de 1 km de long. La propriété Hook, à 24 km au sud-ouest de Frog, présente de fortes anomalies en éléments de terres rares et fera l'objet de prospections et d'enquêtes magnétiques au sol. La propriété Cache River, située à 100 km à l'ouest de Goose Bay, a montré une minéralisation en cuivre avec des échantillons atteignant jusqu'à 5,1 % de Cu et 420 ppb d'Au. Wolverine prévoit de forer pour tester 8 nouvelles cibles à haute priorité ici.
La société prévoit de financer ces activités d'exploration par un placement privé ou un nouveau partenariat en coentreprise.
Wolverine Resources Corp. (WOLV) hat seine Explorationspläne für 2025 für drei Grundstücke in Labrador bekannt gegeben. Das Frog-Grundstück, 30 km südlich der Voisey's Bay-Mine gelegen, weist Potenzial für eine Eisen-Oxid-Kupfer-Gold (IOCG)-Lagerstätte auf, mit Gesteinsproben, die seltene Erden enthalten, und einem 1 km langen magnetischen Körper. Das Hook-Grundstück, 24 km südwestlich von Frog, zeigt starke Anomalien bei seltenen Erden und wird einer Prospektion sowie bodengestützten Magnetfeldmessungen unterzogen. Das Cache River-Grundstück, 100 km westlich von Goose Bay gelegen, weist Kupfermineralisierung auf, mit Proben, die bis zu 5,1% Cu und 420 ppb Au enthalten. Wolverine plant, hier 8 neue hochprioritäre Ziele durch Bohrungen zu testen.
Das Unternehmen plant, diese Explorationsaktivitäten entweder durch eine Privatplatzierung oder eine neue Joint-Venture-Partnerschaft zu finanzieren.
- Multiple promising exploration targets across three properties in strategic locations
- Previous drilling at Cache River property showed copper mineralization in 5 out of 9 holes
- High-grade copper samples at Cache River (up to 5.1% Cu)
- Strong rare earth element anomalies at Hook property (>1,000 ppm TREE)
- Funding for exploration not yet secured, dependent on private placement or new partnership
- Early-stage exploration with no defined mineral resources
- Exploration success not guaranteed
Vancouver, British Columbia--(Newsfile Corp. - May 13, 2025) - Wolverine Resources Corp. (OTC Pink: WOLV) ("Wolverine") intends on completing exploration on each of its three Labrador Properties. Prospecting on the Frog property, located 30 km south of the Voisey's Bay nickel-copper-cobalt mine, has produced numerous rock samples containing anomalous levels of rare earth elements. Ground magnetics have identified a strong > 1 km long magnetic body cross-cutting the olivine-rich host granites. Together these suggest a possible Iron-Oxide Copper Gold (IOCG) type deposit may be present. It is Wolverine's intent to drill test this anomaly.
The Hook property, located 24 km southwest of Frog, was staked by Wolverine's joint venture partner Rich Resources Inc. to cover strongly anomalous (>1,000 ppm TREE) lake sediment sample results. Similar to the Frog property, a long linear highly magnetic zone crosses the Property through lake sediment anomalies. It is Wolverine's intention to complete a program of prospecting together with a ground magnetics survey to refine currently known magnetic anomalies derived from a 2018 government sponsored airborne survey.
The Cache River property is located along the Trans-Labrador Highway 100 km west of Goose Bay - Happy Valley. Malachite-stained copper occurs along the highway as well as rock outcroppings providing samples grading up to
The 2025 exploration program will be financed by either private placement and/or a new joint venture partner.
For further information on Wolverine's mineral properties please visit the Project Summary Page of our website at the link below:
https://wolverineresourcescorp.com/project-summary/
John Peters, P. Geo., a technical advisor to the Company and a qualified person within the context of National Instrument 43-101 and has read and takes responsibility for the technical aspects of this release.
On Behalf of the Board,
Bruce Costerd
CEO
For further information please contact:
Bruce Costerd (778) 297-4409
investor@wolverineresourcescorp.com
https://wolverineresourcescorp.com/
Property Locations, Labrador
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About Wolverine
Wolverine has an interest in two critical mineral (Rare Earth) projects known as the Frog and Hook properties, both located in Labrador. Wolverine holds a
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this news release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations, or intentions regarding the future, including but not limited to, statements regarding the exploration plans.
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations, and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations, or intentions will prove to be accurate. Investors should consult the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/251873
FAQ
What are Wolverine Resources' (WOLV) main exploration targets for 2025?
What are the copper grades found at WOLV's Cache River property?
How does Wolverine Resources plan to fund its 2025 exploration program?
What are the rare earth element findings at WOLV's Hook property?
Where are Wolverine Resources' Labrador properties located?
