Jan 10 2011
WOLVERINE MINERALS CORP. (TSX VENTURE:WLV)(FRANKFURT:4LP) has announced that it has acquired the Andy property, in the Logan Mountains area, Watson Lake Mining Division, Yukon for the cost of staking.
The Andy property consists of 48 claims aggregating approximately 1003 hectares. It is located immediately south of Anderson Lake in the north-central part of NTS quadrangle 105H, roughly 60 km. east of the Company's Loop property on the Robert Campbell Highway. The Loop property is one of 21 properties which are the subject of an option agreement between the Company and Strategic Metals Ltd.
The property is underlain by Lower Paleozoic metamorphic rocks, principally quartz-feldspar gneiss and mica schist with occasional lenses of marble and skarn. These rocks have been intruded by Cretaceous age granites.
In the mid 1960's, regional prospecting was carried out by the Norquest Joint Venture and two zinc-lead skarn occurrences were located on what is now the Andy property. Also noted in a private report was an occurrence of free gold in marble on a north-facing slope. There has been no recorded work on the property since that time.
The Company intends to complete geological mapping and prospecting as well as soil and silt geochemical surveys to follow up on the reported gold occurrence.
The technical data in this news release has been reviewed and approved by James M. Dawson, P.Eng, who is a qualified person under the definition of National Instrument 43-101.
Source: WOLVERINE MINERALS CORP.