Lundin refreshes buy of Wolverine, aggressive explorer
Wolverine Minerals Corp (C:WLV)
Shares Issued 43,692,588
Last Close 10/12/2011 $0.215
Thursday October 13 2011 - In the News
Brien Lundin, in the September, 2011, edition of the Gold Newsletter, refreshes his buy of Wolverine Minerals Corp., recently 46 cents. Mr. Lundin first said buy in May, 2011, at 56 cents. An investment of $1,000 at 56 cents is now worth $821. Wolverine has identified two new mineralized zones at its DDD-Shamrock gold property in Yukon's Dawson Range district. One of the two zones has a strike length of 745 metres. The company is awaiting assays for 3,000 DDD-Shamrock samples currently in the lab. Elsewhere in Yukon, in the Finlayson district, Wolverine has identified two large areas of anomalous gold values at the Vivi property, and a prospective zone at the Coach property. The zone at Coach measures 1,000 m by 300 m by 150 m. Mr. Lundin likes Wolverine, which he says is doing well at preparing its many projects to attract potential joint-venture partners. The gold bug mentions the company is conducting sampling, surveying, trenching and mapping at its other Yukon properties, Dade, BBB, Sked-Desk, CCC, String, Gam, Andy and Four Corners. He expects Wolverine will be as aggressive in providing updates over the next few months as it is in exploring its properties.
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