Wolverine Identifies a Large, Strongly Anomalous Gold in Soil Zone at Its Vivi Property
01 Dezember 2011 - 4:47PM
Marketwired
WOLVERINE MINERALS CORP. ("Wolverine" or the "Company") (TSX
VENTURE:WLV)(FRANKFURT:4LP) is pleased to announce positive results
from a recently completed exploration program at its Vivi property,
which is located in the Finlayson District of southeast Yukon. The
Company identified a large zone (400 m by 900 m) of strongly
anomalous gold-in-soil geochemistry, which it plans to drill test
next summer.
Exploration activities on the 1400 hectare Vivi property
consisted of grid and contour controlled geochemistry (1247 soil
samples), prospecting (65 rock samples) and geologic mapping,
between mid-June and mid-September.
The Vivi property is underlain by a series of shallowly dipping
thrust panels of Upper Devonian Kudz Ze Kayah Formation
meta-sedimentary and meta-volcanic rocks and Mississippian or later
ultramafic rocks and related talc-carbonate altered zones (Figure
1).
http://www.wolverineminerals.ca/i/pdf/2011-12-01_NRF.pdf
Approximately 45% of the property was soil sampled in 2011.
Sampling returned a coherent gold anomaly ("JPR Anomaly") in a 400
m by 900 m area, hosting numerous strongly anomalous gold values
(200 to 1320 ppb) plus smaller clusters and single point anomalies
that contain values ranging from 261 to 1370 ppb gold. The JPR
Anomaly coincides with a thrust fault-bounded wedge of
talc-carbonate altered ultramafics. Most of the secondary anomalies
are attributed to glacial or downhill dispersion from the JPR
Anomaly. Arsenic-in-soil response within the JPR Anomaly is
moderate (background to 158 ppm) while samples collected downhill
from it returned values up to 224 ppm arsenic. A second arsenic
anomaly with values ranging up to 382 ppm lies east of the JPR
Anomaly in an area with weak to moderate gold response. This
anomaly is situated downhill from a second thrust fault-bounded
talc-carbonate altered wedge. The Company is currently conducting
heavy mineral analysis on selected soil sample pulps to try and
determine the nature of the gold.
Limited prospecting has so far failed to explain the soil
geochemical anomalies and has returned only background to weak gold
values (up to 0.225 g/t). The source of the gold-in-soil may be
recessively weathering zones that lie within the talc-carbonate
altered rocks or along their bounding faults.
Jim Dawson, Vice President of Exploration for Wolverine
Minerals, comments, "Due to the well constrained geologic model and
intensity of the gold-in-soil geochemical values, the Company is
pleased to announce that it plans to drill test the JPR Anomaly in
2012."
Analytical work was done by ALS Chemex with sample preparation
in Whitehorse, Yukon and assays and geochemical analyses in North
Vancouver, British Columbia. All rock samples were initially
analyzed for gold by fire assay followed by atomic absorption
(Au-AA24) and 35 other elements by aqua regia digestion and mass
spectrometry (ME-MS41). Overlimit values for lead were determined
using Pb-OG46. Soil samples were dried, screened to -180 microns,
and then analyzed for 35 elements using an aqua regia digestion
followed by inductively coupled plasma and atomic emission
spectrometry (ME-ICP41). An additional 30 g charge was further
analyzed for gold by fire assay fusion with inductively coupled
plasma and atomic emission spectrometry (Au-ICP21).
The 2011 fieldwork was conducted by Archer, Cathro &
Associates (1981) Limited under the supervision of Heather Smith,
P.Geo. and the guidance of James M. Dawson, P.Eng., who are both
qualified persons as defined by National Instrument 43-101. The
technical data in this news release has been reviewed and approved
by Ms. Smith and Mr. Dawson.
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 (604)
689-5722 Wolverine Minerals Corp. Logan Anderson (604)
689-5722info@wolverineminerals.cawww.wolverineminerals.ca
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