LABRADOR MINERAL EXPLORATION PROJECT

Wolverine holds interests in 2 mineral Properties in Labrador, Canada including the Frog and the Cache River Projects.

Location Map

Frog Property

Location: The Frog property is located approximately 70 kilometres west-northwest of Natuashish and 65 kilometres southwest of Nain, Labrador, situated 30 kilometres south of the Voisey's Bay nickel, copper, and cobalt deposit operated by Voisey's Bay Nickel Company Ltd., a subsidiary of Vale S.A. Access to the Property is via helicopter or float plane and snowmobile in the winter months.

The Frog property consists of 3 contiguous licences totalling 7,843 ha (315 claim units).

History: There is no record of previous exploration on the Property prior to 2021.

Geology: The Frog property is underlain predominately by rocks of Meso Proterozoic-aged granitic intrusions of the Nain Plutonic Suite in the Archaean-aged Nain geological province. The northern-most extent of the Property is underlain by lower Proterozoic-aged Churchill gneisses comprised mainly of granitic to tonalitic gneisses.

Recent Exploration: In 2021, a limited program of prospecting and ground magnetics was completed on the Property. Elevated levels of coincident nickel, cobalt, chrome, and copper were noted from surface boulders suggesting a possible nearby source of a mineralized body typical of Labrador nickel - copper mineralization as seen at the nearby Voisey's Bay deposit. Several discrete anomalies were delineated by the ground magnetics. In February 2022, a follow-up program composed of 28.5 line-km of ground magnetics expanded the survey completed in 2021. A strongly magnetic body was outlined extending 1.4 km through the western portion of the grid and is open to the north and south. This magnetic feature is 180 to 360 m wide and shows a sharp contrast of up to 20,000 nT between the anomaly and country rock.

Exploration Plans: Follow-up exploration, due to commence after spring thaw, will target the strongly magnetic anomaly by prospecting and geochemistry. Additional ground magnetics will target the north and south extensions of the current magnetic anomaly.

Click on this link to view a presentation of the Frog property.

 

Cache River Property

Location: The Cache River property is located approximately 120 km west of Goose Bay, Labrador. Access to the Property is via the Trans-Labrador Highway (Route 500) between Happy Valley-Goose Bay and Churchill Falls, LA. The Property consists of 3 contiguous licences totalling 7,875.5 ha.

Ownership: The Property is 90% owned by Wolverine.

Geology: The Property is located in the Grenville Province of east central Labrador. The region is dominated by Paleoproterozoic metasedimentary gneisses which have been intruded by granite - quartz monzonite and megacrystic granitoid rocks of the Trans Labrador Batholith. Massive quartz-feldspar-biotite gneiss occurs suggesting a granitic or possibly volcanic protolith. Locally, isolated pods and thin boudinaged bands of dark, hornblende-plagioclase-amphibolite (likely the product of mafic intrusions or volcanic rocks) can occur. Local structural breaks generally trend northeast, coincident with IP chargeability anomalies.

Mineralization: Mineral occurrences discovered to date on the Property consists of disseminated copper +/- gold mineralization exposed along a 20-30 kilometer section of the Trans Labrador Highway. Mineralization observed consists largely of disseminated and stringer chalcopyrite, pyrite and pyrrhotite hosted within medium to dark grey, strongly foliated metasedimentary gneisses. Some mineralization appears to be associated with strongly deformed mafic intrusive or extrusive rocks. Prospecting results include a high of 6.4% copper and 108 ppb gold from a grab sample.

Exploration history: In 2002, during the construction of the Trans-Labrador Highway, a series of significant copper-gold showings were uncovered along the highway. Analytical values of copper and gold from samples taken along the road outcrops ranged from 1.38% to 6.4% Cu and up to 0.5 g/t Au.

From 2002 to 2004 R. Mercer Exploration and Development (MEREX) completed prospecting and trenching on a number of the aforementioned copper-gold showings.

Wolverine staked the property in 2007 and completed exploration between 2007 and 2011. Exploration activities included an airborne electromagnetic/magnetic/radiometric survey, ground prospecting and rock sampling, trenching, induced polarization (IP) geophysical surveying, and diamond drilling.

2006 - Prospecting
2007 - Airborne Magnetics and Radiometrics
2008 to 2009 - Prospecting
2010 - Prospecting, trenching, IP, and diamond drilling
2011 - Drilling

Drilling: A total of 8 short holes (710.5 m) were drilled on the Property from 2010 to 2011 using an Ultralight Diamond Drill (BQ).

Exploration Plans: Wolverine intends to complete a ground magnetics survey over most of the Property, targeting prospective areas as well as areas defined as anomalous by the 2010 IP survey. The IP survey delineated a series of parallel chargeability anomalies extending over a strike length of over 1.5 km. A follow-up UTEM survey will target deeper mineralization corridors with the intent of ascertaining if some of IP chargeability anomalies converge with depth. Drilling will test some of the anomalies derived by the geophysical surveys.

Click on this link to view a presentation of the Cache River property.