Wolfden Resources Inc fka YWO.CDNX

[antman]

YWO.V has just announced 2 very significant developments-

Goldcorp (G.TSE) has invested about $500,000.00 into the company, and Teck Cominco (TEK.A) is going to joint venture on 3 properties in Red Lake-
One of the properties, My Ritt is going to receive $4 million in exploration expenditures-

Press releases may be seen here-
http://www.wolfdenresources.com/press.htm

YWO just hit a new 52 week high last week-$1.82 (CAD)

I am long, Wolfden now has joint ventures with Bema Gold, Kinross, Placer Dome and Teck Cominco, so they are in good company IMO.

They also have the largest land position in Red Lake on the mine trend.

YWO has approximately $6 million in the treasury and no debt-

Good luck to all-

[antman]

Wolfden pulls another good hole at their 100% owned High Lake copper/zinc property-

This property has a lot of expensive rock- 5.3 million tons graded in excess of $100.00 (U.S.) per ton, and they have expanded this amount with their last two drill holes released- They are doing a $2 million dollar drill program over the summer-
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Latest drill hole assays are here:

http://www.wolfdenresources.com/Releases/may282002.htm

[antman]

YWO gets recommended by Canaccord as a speculative buy
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SPECULATIVE BUY
YWO : CDNX : $0.89
JUNIOR MINING

Wolfden Resources Inc.
Providing enormous exploration leverage to a high-grade gold deposit in Manitoba and to a copper-rich, potentially large, VMS prospect in Nunavut

Monument Bay, Manitoba: a high-grade gold project currently being drilled by
partner Bema Gold

Wolfden has optioned a 70% interest in the Monument Bay gold project located in northeast Manitoba to
Bema Gold. Most recent figures for the three separate zones on the project show resource estimates of
over 600,000 ounces. The B and C zones contain high-grade average values of 15.97 and 10.85
grams/tonne Au, respectively. Bema has initiated a drill campaign on these zones with the objective of
targeting the extensions of previous high-grade holes, and to increase the resource base outlined.

High Lake, Nunavut: an established copper-rich VMS deposit that Wolfden has re-interpreted
as being open to substantial development potential

Wolfden is expected to resume drilling on its 100% held High Lake copper-rich VMS project located in
the Coronation Gulf region of Nunavut in mid Q2/02. Current resources of 5.3 million tonnes confirm a
plus 4% copper deposit with good gold, silver and zinc by-product credits. Within this estimate, the A/B
zone contains 3.2 million tonnes of 5.0% Cu, 1.1% Zn, 2.3 grams/tonne Au and 18.2 grams/tonne Ag.
Drilling in the summer of 2001 tested this horizon to depth. Although the zone was previously interpreted
as being truncated, holes with up to 29.5 metres of 5.3% Cu and 1.3 grams/tonne Au demonstrated that
significant exploration upside exists to depth.

Wolfden provides near-term exploration leverage to two highly prospective
Canadian exploration plays

We consider both the Monument Bay and High Lake prospects as providing exploration potential to
materially expand known resources. We initiated coverage on March 15, 2002 at $0.53/share and rated
Wolfden a SPECULATIVE BUY for risk accounts. We maintain this recommendation and have placed
Wolfden as a Top Pick within the junior mining sector.

Graeme Currie [phone] March 28, 2002
[e-mail] 2002-025

[evan]

BMKS, You got to love it, up 71%, that's the spread

[antman]

We pay a lot up here too- I use a full service broker because of the information I can get from them. A trade costs me around $85.00 Canadian, and if I trade U.S. stocks it is about $85 minimum U.S.
That is a lot!

In the long run I find it is better to use a broker because if you get to know them and they give you a couple of good tips, one or two trades can make the whole years commissions.

You have to be able to trust them however.
Anyways- I Wolfden is awaiting drill results which will hopefully be good-

[evan]

Fot us down south we really het ripped off by commission trading Canadian shares,

[antman]

Wolfden has just announced they are raising $2million dollars Canadian through a private placement.
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Press Release Toronto: March 13, 2002.
Shares Issued: 15,112,171

WOLFDEN TO COMPLETE $2 MILLION PRIVATE PLACEMENT

WOLFDEN RESOURCES INC. ("Wolfden") (CDNX:YWO) announces that it has engaged Canaccord Capital Corporation and Dundee Securities Corporation
(collectively the "Agents") to act as agents for a private placement of class C special warrants of Wolfden to raise proceeds of up to $2,000,000. The private
placement is subject to the receipt of all required regulatory approvals.

Wolfden will issue up to 2,666,666 class C special warrants. The class C special warrants will be issued at a price of $0.75 per class C special warrant and each
class C special warrant will entitle the holder thereof to acquire, for no additional consideration, one "flow-through" common share of Wolfden.
The Agents will receive for their services a fee paid in class D special warrants equal in the aggregate to 7 per cent of the class C special warrants sold under the
private placement. Each class D special warrant will entitle the holder thereof to acquire, for no additional consideration, one common share of Wolfden.
The special warrants are exercisable by the holders thereof at any time and will be automatically exercised at 5:00 p.m. (Toronto time) on the earlier of (i) the fifth
day after the date of issue by the applicable securities regulatory authorities of receipts for a prospectus qualifying the securities to be issued upon the exercise
of the special warrants and (ii) the date which is 12 months from the date of closing of the private placement. In the event receipts for the prospectus have not
been issued on or before the date which is 150 days after the date of closing of the private placement, each class C special warrant will entitle the holder thereof
to acquire, for no additional consideration, 1.1 "flow-through" common shares of Wolfden and each class D special warrant will entitle the holder thereof to
acquire, for no additional consideration, 1.1 common shares of Wolfden.
The proceeds from the private placement will be used to fund the exploration of the High Lake Property of Wolfden.
Wolfden is a Canadian based mineral exploration and development company engaged in the exploration for economic mineral deposits.
For further information, please contact:
Ewan Downie, President
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]