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Monday, August 02, 2010 7:55:25 PM
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 in central Labrador and contain a series of significant copper-gold showings.
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.
Four outcroppings of high grade copper are showing at surface along the trans-Labrador highway, one outcropping is 460 meters by 370 meters and there is one estimate that it may extend downward up to ½ mile. There is 2 feet of overburden on average so open pit mining will be inexpensive and there is a new copper new mill built by Vale Inco
The property is located approximately 120 km west of Goose Bay and can be accessed directly from the Trans-Labrador Highway. Goose Bay, a small town of 9,000 people, features an international airport able to land the world’s largest aircraft. Goose Bay is well equipped to handle mineral exploration programs and was the major staging point during the Voisey’s Bay rush of the 1990’s. This property is massive, 9 miles by 20 miles long and there are four copper outcroppings on the property. The Goose Bay area is also home to the Vale-Inco $2.2 billion smelter and deep water port.
The property is remote and has never been explored before now, the native Indians are the ones that brought this property to the attention of the management of Wolverine Exploration and the company was formed around it. Wolverine has a good relationship with the Innu people primarily through its relationship with Luke Rich, a prominent Innu leader and respected business man and 10% owner.
The presence of significant copper and gold mineralization within the Labrador Claims suggests that a mineralizing event has occurred that intruded into the meta-sedimentary rocks, or that an intrusive event occurred within the meta-sediments that hosts significant copper and gold
The airborne survey has identified 8 conductive targets that warrant ground follow up.
Drill program about to get underway with a 200 meter program lined up.
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Past News
WOLVERINE ANNOUNCES OTCBB LISTING , Dec 16, 2009 (MARKETWIRE via COMTEX News Network)
Wolverine Exploration Inc. (OTCBB: WOLV) ("Wolverine") is pleased to announce that it is now listed on the OTC Bulletin Board under the trading symbol WOLV.
Wolverine Exploration Announces Extension of the Main Cu Zone and Identification of Trenching and Drilling Locations (Marketwire - 07/07/10) - Wolverine Exploration Inc. is pleased to announce an update on exploration work during June and early July on its 90% owned Cache River Property in west central Labrador.
Wolverine Exploration Announces Executive Appointment and Outlines 2010 Exploration Program (Marketwire - 06/14/10) - Wolverine Exploration Inc. ("Wolverine") is pleased to announce the appointment of Mr. Luke Rich as VP, Exploration and Business Development and to the board of directors of Wolverine.
Mr. Rich is a member of the Innu Nation and Mushuau Innu First Nations and is a former VP of the Innu Nation. Prior to joining Wolverine, Mr. Rich was also Co-CEO of the Innu Development Limited Partnership ("IDLP") from October 2007 to April 2010. IDLP participated in the construction of the mine and mill for the Voisey Bay Nickel Project. Mr. Rich is also a board member of various IDLP owned companies including Innu Mikun Airlines, Innu Keiwit Constructor LP and the Innu/SNC Lavalin Partnership.
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Float approx 30,000,000
Outstanding Shares 76,730,000 issued and outstanding as of April 14, 2010
Authorized Shares 200,000,000 as of Aug 31, 2009
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Further research
http://www.wolverineexplorationinc.com
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=wolv
http://finance.yahoo.com/q?s=WOLV.OB
http://investorshub.advfn.com/boards/board.aspx?board_id=5829
The treasures be in the I-box
http://investorshub.advfn.com/boards/board.aspx?board_id=3915
Recent WOLV News
- Form 10-K/A - Annual report [Section 13 and 15(d), not S-K Item 405]: [Amend] • Edgar (US Regulatory) • 01/19/2024 06:57:22 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 01/16/2024 11:05:47 AM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 10/23/2023 08:29:08 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 10/16/2023 03:47:59 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/08/2023 12:00:48 AM
- Form NT 10-K - Notification of inability to timely file Form 10-K 405, 10-K, 10-KSB 405, 10-KSB, 10-KT, or 10-KT405 • Edgar (US Regulatory) • 08/29/2023 03:26:09 PM
- Form SC 13D - General statement of acquisition of beneficial ownership • Edgar (US Regulatory) • 08/09/2023 09:04:09 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 08/09/2023 08:17:47 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/21/2023 10:34:57 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/21/2023 10:32:29 PM
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