Replies to post #788 on Wolverine Resources Corp (WOLV)

[pennyexpert247]

Checking it out now...

[jmurfk]

Looks like the fall sampling was done, and the reports are in hand.

From the 10Q just out


4. Phase Four – This phase of our company’s exploration program will consist of prospecting, sampling, excavating and trenching as outlined below at a total estimated cost of approximately $146,000 (Cdn $166,000). The prospecting and sampling program portion of phase four was completed in the fall of 2009. The trenching portion of phase four is estimated at $116,000 Cdn. An assessment report on the fall 2009 program was completed and filed with the Department of Natural Resources of the Province of Newfoundland and Labrador.


5. Phase Five- Subject to positive results in phase four this phase of our company’s 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 fall 2009 drill program at a total estimated cost of $512,000 (Cdn $525,000).