Wolfden Commences Drill Program at its Rockland Gold Project in the Walker Lane Trend of Nevada

Executive Summary

• Wolfden Resources has launched an 1,800 m drill program at the Rockland Gold Project (Walker Lane Trend, Nevada) to test deeper extensions of historic high‑grade intercepts.
• Historic holes PG‑32 and PG‑36C returned >85 m at ~1.0 g/t AuEq*, with higher‑grade zones and intensified alteration at depth, suggesting a larger, potentially higher‑grade system below.
• A newly completed deep‑penetrating IP survey identified a strong chargeability anomaly coincident with a northeast‑trending structural corridor extending >1.7 km, which the drill program will target.

Key Details

• Drill Program Scope: Up to 1,800 m total depth; first two holes planned at ~650 m each, with an estimated 2–3 weeks per hole depending on ground conditions.
• Historic Intercepts:
• Hole PG‑32 – 146.4 m @ 1.0 g/t AuEq* (ended in mineralization).
• Hole PG‑36C – 85.4 m @ 1.0 g/t AuEq* (drilled in opposite direction, ~70 m from PG‑32).
• Higher‑Grade Zones: Both historic holes contain intervals of higher gold grades and increased alteration intensity with depth, indicative of a potential higher‑grade system at depth.
• IP Survey Findings: 3D inversion model shows a strong chargeability anomaly beneath altered rhyolite‑hosted mineralization; interpreted as increased disseminated pyrite linked to hydrothermal fluids.
• Structural Target: Anomaly aligns with a northeast‑trending corridor extending ≥1.7 km, intersecting other positive historic drill results and altered rhyolite domes.
• Exploration Rationale: Targeting just below historic drilling where a “boiling zone” may exist, potentially yielding increased pyrite mineralization, banded quartz veins, and higher gold grades.
• Additional Geophysical Context: Prior CSAMT survey corroborates the presence of multiple anomalous corridors warranting deep drill testing.
• Option Status: Wolfden holds an option to earn up to 75 % of the Rockland Property (per Feb‑25‑2025 release).
• QA/QC Summary: Historic holes (1995, 2006‑07) were sampled with industry‑standard QA/QC protocols; recent drill core will be HQ size, photographed, logged, and subjected to rigorous QA/QC including control samples and duplicate analyses.
• Quote: “The Rockland East target represents one of the most exciting drill targets in the Walker Lane Trend… typical characteristics exhibited by high‑quality gold deposits.” – Don Dudek, Senior Exploration Advisor.

Notable Quotes

“These are the typical characteristics exhibited by some of the high quality gold deposits in the Walker Lane Trend.” – Don Dudek, Senior Exploration Advisor, Wolfden Resources.