Wolverine Updates Exploration Activities on Finlayson District Projects in the Yukon
August 17 2011 - 9:00AM
Marketwired
Wolverine Minerals Corp. (TSX VENTURE: WLV)(FRANKFURT: 4LP)
("Wolverine" or the "Company") is pleased to provide an update on
the Company's exploration programs in the Finlayson district, Yukon
where Wolverine controls 10 properties. The initial stage
exploration program on the following six properties is now
substantially complete.
Vivi Property: Initial ground prospecting and rock sampling was
followed by ridge and contour soil sampling. Three areas of
alteration and quartz veining identified by prospecting were
detailed by geological mapping and extensive grid soil sampling.
Two areas of highly anomalous gold values (values up to 1.1 g/t
gold) measuring 1400 by 400 meters and 800 by 250 meters
respectively were partly outlined but remain open to the west. The
soil sampling grid was subsequently expanded to the west. The
results of these samples as well as extensive rock chip samples are
pending.
String Property: The area of the 2010 gold-arsenic-antimony in
soils anomaly was expanded to the west and southwest where
additional claims were staked to cover these extensions. Extensive
"CanDig" trenching was completed and all trenches were sampled.
Trenching within the anomalous area discovered a number of quartz-
tetrahedrite (copper-silver-arsenic sulfide) boulders which may be
related to the anomaly's source. The results of expanded sampling
as well as trenching are still outstanding.
Gam Property: Initial prospecting, rock chip sampling and
mapping was followed up by contour and grid sampling in areas of
newly discovered alteration/mineralization. Two areas of bleached
and altered (quartz-carbonate-limonite-sericite) rock were
discovered adjacent to areas of previous trenching by Strategic
Minerals Inc, where sampling returned values of 0.44 g/t gold over
17.95 meters. Samples from these zones as well as extensive soil
samples have been submitted to Chemex and results are awaited.
Coach Property: Geological mapping and reconnaissance contour
soil sampling was completed over the entire property. A possibly
significant zone of alteration and quartz veining measuring 1000 by
300 meters in size and up to 150 meters thick was outlined in an
area of previously delineated anomalous arsenic. Prior historical
sampling was not analysed for gold. Results of soil and rock chip
sampling when received will determine the significance of this
zone.
Andy Property: Ground prospecting identified an area
approximately 500 meters wide of extensive quartz-sulfide veining
and stockwork. This may be the area of a native gold occurrence
described in a private report from the 1960's. Several areas of
massive sulfides in skarn were also identified. Extensive rock chip
sampling as well as ridge and spur and contour soil sampling was
completed and results are pending.
Four Corners Property: Reconnaissance geological mapping and
contour soil sampling was completed. In the area of the PS showing
(previous sampling by Strategic Minerals Inc. to 4.28 g/t gold)
similar mineralization was found over an area of measuring 200
meters by 150 meters. All samples have been submitted to the lab
and results are still outstanding.
The technical data in this news release has been reviewed and
approved by Heather Smith, P.Geo. and James M. Dawson, P.Eng., who
are qualified persons under the definition of National Instrument
43-101.
WOLVERINE MINERALS CORP.
Thomas A. Doyle, President & CEO
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Wolverine Minerals Corp. Thomas A. Doyle / Logan
Anderson (604) 689-5722 (604) 685-9182 (FAX)
info@wolverineminerals.ca www.wolverineminerals.ca
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