Welcome To Wolverine
Wolverine Exploration Inc. ("Wolverine") is a junior exploration company focused on the exploration of mineral properties in Labrador, Canada.
Wolverine holds a 90% interest in 412 mineral claims which cover an area of approximately 10,300 hectares (25,450 acres) in central Labrador and contain a series of significant copper-gold showings.
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http://www.wolverineexplorationinc.com
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Management
Mr. Lee Costerd has acted as Wolverine's sole Director and Officer since its inception on February 23, 2006. Mr. Costerd has been involved in the mining industry for the past 20 years. Mr Costerd was the mine manager for a placer mining operation in British Columbia and a supervisor at a hard rock mining operation also in British Columbia.
Texada Consulting Inc. assists in fund raising and will provide administrative services to Wolverine through its representative Mr. Bruce Costerd. Mr. Costerd was President, Chief Executive Officer and a director of Gallery Resources Limited between 1990-2006.
Geophysical services will be coordinated by Mr. Stephen Balch. Mr. Balch graduated in 1985 with a B.Sc. (honours), Applied Geophysics, from the University of Western Ontario. Mr. Balch is currently President of Canadian Mining Geophysics Ltd. Mr. Balch was President of Aeroquest International Limited between 2004-2007. Mr. Balch was a senior geophysicist with Inco Limited between 1995 to 2001. Mr. Balch is currently a director of a number of Canadian public companies.
Mr. Edmund Montague, P. Geo. will provide geological field services. Mr. Montague graduated from Memorial University in 1959 and for the past 49 years has been a geologist for projects located in Canada and International and as a government geologist and mineral industry analyst for the province of Newfoundland and Labrador.
Bill Macdonald is legal counsel for Wolverine. Mr. Macdonald is a founder and principal of Macdonald Tuskey, Corporate and Securities Lawyers, a boutique securities and corporate finance firm located in Vancouver, British Columbia established in April 2008. From February 1998 to April 2008, Mr. Macdonald was with Clark Wilson LLP and a member of the firm's Corporate Finance / Securities Practice Group where he was a partner. Mr. Macdonald is the President and a director of Blackbird Investments Inc., an oil and gas company listed on the TSX Venture Exchange.
Mr. Macdonald has a varied legal practice, focusing on cross-border and international corporate finance, securities and transactional matters. Mr. Macdonald has experience serving companies listed on the Toronto Stock Exchange, TSX Venture Exchange, CNSX and OTCBB. He has advised a variety of public and private companies on legal matters related to acquisitions, mergers, takeovers, initial public offerings, secondary financings, cross-border financings, cross-border mergers and acquisitions, public company disclosure requirements and stock exchange listings.
Mr. Macdonald's general corporate and securities practice has been focused on Canadian, U.S., Asian and cross-border public offerings, private and institutional financings (including U.S. private investment in public equity, or PIPE transactions), stock exchange listings, reverse takeovers and mergers and acquisitions. He advises numerous private and public companies on corporate governance, including compliance with the Sarbanes-Oxley Act, regulatory filings, including registration statements and periodic reports filed with the United States Securities and Exchange Commission, and corporate transactions.
Mr. Macdonald has been a member of the Law Society of British Columbia since February 1999 and a member of the New York State Bar since February 2002.
Regulatory filings will also be completed by Mr. Macdonald with the assistance of Mr. Richard Haderer. Since 1996 Mr. Haderer has provided regulatory filing services to Canadian public companies. Mr. Haderer was a Listings Officer with the Alberta Stock Exchange Between 1989-1996.
Project Summary
LABRADOR MINERAL EXPLORATION PROJECT
The Labrador Claims total 412 mineral claims and cover an area of approximately 25 thousand acres (52 sq miles) 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.
Exploration History and Highlights
Wolverine Exploration Inc. ("Wolverine") completed a prospecting program (Phase 1) in 2006 and an airborne survey (Phase 2) 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.
Exploration Program
The following is a brief summary of phase three, four and five of our exploration program.
1. The Phase Three exploration program completed in 2008 consisted of a ground review completed by members of the Innu Development Limited Partnership ("IDLP"). See photographs below:
2. The Phase Four exploration program will consist of prospecting, excavating and surface trenching as outlined below:
The project consists of a detailed prospecting and sampling program to be carried out on our mineral licenses during the fall of 2009. Access to the area would be by the Trans Labrador Highway with personnel working out of Goose Bay and would consist of a geologist and four experienced prospectors. Under supervision of the geologist, the prospectors would work in 2 man teams and cover selected areas each day to avoid excessive overlap as traverses would be controlled by GPS. Particular attention will be focused on anomalous areas that were identified by the airborne survey completed in 2007. Each prospector would be equipped with a scientillometer as some areas are known to contain uranium, however gold and base metals would remain the principal targets at present. As no ground disturbance such as test pits or trenching is contemplated, no government permits would be required for this prospecting program.
The project also consists of excavating several trenches located on 6 anomalous areas that were defined previously by airborne geophysics. The number and locations of trenches will be defined by the geologist. All trench locations will be located in close proximity to the Trans Labrador Highway (Route 500) near Cache River, 110 to 140 kilometers west of Goose Bay.
Excavation of the trenches will be done by an excavator. Once the rock is exposed, a pressure washer will clean the surface and then examined and sampled by a geologist. Sampling would ideally be a continuous linear "v" cut with a rock saw to get a composite sample. A small, packsack type drill will also be available to get core samples at depth.
The exposed bedrock will be mapped and photographed by the geologist. Sampling of the linear cuts will be in meter length sections. IDLP is purchasing a small packsack drill that will be utilized to get core samples at a depth of a few feet to get below any weathering and into the fresh rock. Core samples sections will be as directed by the geologist. All samples will be numbered and packaged and sent to a laboratory for analysis. All samples will be tested for IPC 30 elements as well as gold and PGEs. All of the samples will be scanned with a scintillometer for uranium content.
The equipment and personnel required to implement the work will be contracted out of Goose Bay, the nearest community to the project.
Government regulations stipulate that all exploration trenches be backfilled as soon as possible after examination. This will be done prior to demobilization of the heavy equipment.
Proposed Budget
Subject to positive results in phase four, phase five of the exploration program will consist of an IP survey (Induced Polarization Survey) over anomalies identified in the phase two airborne survey to determine drill locations for a drill program at a total estimated cost of Cdn $400,000.
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Wolverine Announces Results of 2009 Exploration Program
Wednesday March 3, 2010, 8:30 am EST
| Sample | Cu ppm | Au ppb | Ag ppm | Zn ppm | Co ppm | Ni ppm |
| WCR-01-09 | greater than 10000 (4.01%) | 22 | 3.2 | 71 | 22 | 58 |
| WCR-02-09 | 1180 | 8 | 0.3 | 111 | 25 | 81 |
| WCR-03-09 | greater than 10000 (1.75%) | 17 | 2.1 | 59 | 19 | 88 |
| WCR-04-09 | greater than 10000 (1.11%) | 62 | 1.6 | 162 | 38 | 169 |
| WCR-05-09 | 4890 | 40 | 2.9 | 142 | 15 | 14 |
http://finance.yahoo.com/news/Wolverine-Announces-Results-iw-2727445837.html?x=0&.v=1
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Financials
Latest Financial Documents
http://www.otcmarkets.com/stock/WOLV/financials
Real Time Level 2
http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=wolv
Latest 10Q
(For the quarterly period ended August 31, 2011)
http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=8190902
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Select Recent News Releases
NEWS ARCHIVES: http://finance.yahoo.com/q/h?s=WOLV.OB
- Mon, Oct 17, 2011
Wolverine Exploration Intersects Sulfide Mineralization at Cache River
http://finance.yahoo.com/news/Wolverine-Exploration-prnews-2597227337.html?x=0&.v=1
- Wed, Sep 14, 2011
Wolverine Exploration Announces Commencement of Drilling at Cache River
http://finance.yahoo.com/news/Wolverine-Exploration-prnews-3945462288.html?x=0&.v=1
- Thu, Feb 17, 2011
Wolverine Exploration Announces Results of IP Survey at Cache River
www.marketwire.com/press-release/Wolverine-Exploration-Announces-Results-of-IP-Survey-at-Cache-River-OTC-Bulletin-Board-WOLV-1397737.htm
- Wed, Nov 10, 2010
Wolverine Exploration Announces Approval of Permit and Commencement of IP Survey at Cache River
www.marketwire.com/press-release/Wolverine-Exploration-Announces-Approval-Permit-Commencement-IP-Survey-Cache-River-OTC-Bulletin-Board-WOLV-1351194.htm
- Mon, Oct 04, 2010
Wolverine Exploration Announces Assay Results and Details of a Fall IP Survey at Cache River
www.marketwire.com/press-release/Wolverine-Exploration-Announces-Assay-Results-Details-Fall-IP-Survey-Cache-River-OTCQB-WOLV-1328903.htm
- Wed, Sep 08, 2010
Wolverine Exploration Intersects Significant Mineralization at Cache Creek
www.marketwire.com/press-release/Wolverine-Exploration-Intersects-Significant-Mineralization-at-Cache-Creek-OTC-Bulletin-Board-WOLV-1315330.htm
- Tue, Aug 03, 2010
Wolverine Exploration Announces Commencement of Drilling at Cache River
www.marketwire.com/press-release/Wolverine-Exploration-Announces-Commencement-of-Drilling-at-Cache-River-OTC-Bulletin-Board-WOLV-1299055.htm
- Wed, July 07, 2010
Wolverine Exploration Announces Extension of the Main Cu Zone and Identification of Trenching and Drilling Locations
www.marketwire.com/press-release/Wolverine-Exploration-Announces-Extension-Main-Cu-Zone-Identification-Trenching-Drilling-OTC-Bulletin-Board-WOLV-1286553.htm
- Mon, June 14, 2010
Wolverine Exploration Announces Executive Appointment and Outlines 2010 Exploration Program
www.marketwire.com/press-release/Wolverine-Exploration-Announces-Executive-Appointment-Outlines-2010-Exploration-Program-OTC-Bulletin-Board-WOLV-1275435.htm
- Tue, Jun 01, 2010
WOLVERINE EXPLORATION INC. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
biz.yahoo.com/e/100601/wolv.ob8-k.html
- Wed, Apr 14, 2010
WOLVERINE EXPLORATION INC. Files SEC form 10-Q, Quarterly Report
biz.yahoo.com/e/100414/wolv.ob10-q.html
- Wed, Mar 03, 2010
Wolverine Announces Results of 2009 Exploration Program
www.marketwire.com/press-release/Wolverine-Announces-Results-of-2009-Exploration-Program-OTC-Bulletin-Board-WOLV-1125669.htm
- Wed, Dec 16, 2009
Wolverine Announces OTCBB Listing
www.marketwire.com/press-release/Wolverine-Announces-OTCBB-Listing-OTC-Bulletin-Board-WOLV-1091774.htm
Contact Information
WEBSITE:
http://www.wolverineexplorationinc.com
INVESTOR RELATIONS:
The Foothills Group
888-516-7415 (toll free)
www.foothillsgroup.com
Share Structure
Authorized Shares:
200,000,000
Outstanding Shares:
133,333,333 (4-15-2013)
Options (Outstanding & Exercisable):
5,100,000 (08-31-2011)
CHARTS
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DISCLAIMER
Nothing in the contents transmitted on this board should be construed as an investment advisory, nor should it be used to make investment decisions. There is no express or implied solicitation to buy or sell securities. The author(s) may have positions in the stocks discussed and may trade in the stocks mentioned. Readers are advised to conduct their own due diligence prior to considering buying or selling any stock. All information should be considered for information purposes only. No stock exchange has approved or disapproved of the information.
