Wolfden Res Stock Price, News & Analysis

Wolfden Resources Corporation (WLF.V), also known as Wolfden, is an exploration and development company specializing in metallic mineral deposits. The company's flagship project, the Pickett Mountain Project in North America, focuses on high-grade polymetallic resources including Zn, Pb, Cu, Ag, and Au. Additionally, Wolfden owns two nickel sulphide deposits in Manitoba, aiming to be a domestic source of base and critical metals for renewable energy expansion.

The Pickett Project, currently undergoing rezoning application with the Maine Land Use Planning Commission (LUPC), is a state-of-the-art underground metallic mineral mine proposal. With a proposed 1200-tonne per day capacity, the project is set to operate for 10-15 years, employing approximately 272 direct employees and contractors. Wolfden's commitment to environmental protection and adherence to strict mining regulations ensures sustainable development and economic growth in the region.

As the project progresses through the rezoning process, Wolfden plans to conduct a feasibility study, including environmental data collection, resource conversion drilling, operational design, and cost estimation. The company's dedication to community engagement, information sessions, and public hearings underscores its efforts to address local needs and ensure project benefits for residents and businesses in the area.