Wolverine Announces OTCBB Listing
December 16 2009 - 9:30AM
Marketwired
Wolverine Exploration Inc. (OTCBB: WOLV) ("Wolverine") is pleased
to announce that it is now listed on the OTC Bulletin Board under
the trading symbol WOLV.
Wolverine is a junior mineral exploration company that owns a
90% interest in 540 mineral claims located in central Labrador,
Canada (the "Labrador Claims"). These claims cover roughly 33.5
thousand acres and contain a series of significant copper-gold
showings. Mineralized sub-crops were uncovered during construction
of the Trans-Labrador Highway (TLH). Assay values from these
sulphide-stained showings were sampled by Wolverine in 2006 and
2008 and range from 1.38% to 6.4% Cu and up to 0.5 g/t Au.
An airborne electromagnetic and magnetic survey flown in 2007
identified several discrete conductive targets which were
subsequently followed up by a prospecting program in 2008. High
grade copper in assays were returned from a number of surface grab
samples that were coincident with airborne electromagnetic trends,
the best assay being 6.4% Cu and 0.5 g/t Au. Ground prospecting
continued in these priority areas and included a follow-up of a
high natural radio-activity airborne anomaly which was
confirmed.
Wolverine recently completed a more detailed prospecting and
sampling program on the Labrador Claims in 2009 with the intent of
establishing a ground grid for geophysical surveys (induced
polarization) in an effort to map out the extent of the
disseminated copper mineralization in advance of a drill program.
Details on the results of the prospecting and sampling program will
be released shortly.
For further information visit Wolverine's website at
http://www.wolverineexplorationinc.com/.
On behalf of the Board
Lee Costerd, CEO
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements," as that
term is defined in Section 27A of the United States Securities Act
of 1933 and Section 21E of the Securities Exchange Act of 1934.
Statements in this press release which are not purely historical
are forward-looking statements and include any statements regarding
beliefs, plans, expectations or intentions regarding the future,
including but not limited to, "Wolverine recently completed a more
detailed prospecting and sampling program on the Labrador Claims in
2009 with the intent of establishing a ground grid for geophysical
surveys (induced polarization) in an effort to map out the extent
of the disseminated copper mineralization in advance of a drill
program. Details on the results of the prospecting and sampling
program will be released shortly."
Actual results could differ from those projected in any
forward-looking statements due to numerous factors. Such factors
include, among others, the inherent uncertainties associated with
mineral exploration and difficulties associated with obtaining
financing on acceptable terms. We are not in control of metals
prices and these could vary to make development uneconomic. These
forward-looking statements are made as of the date of this news
release, and we assume no obligation to update the forward-looking
statements, or to update the reasons why actual results could
differ from those projected in the forward-looking statements.
Although we believe that the beliefs, plans, expectations and
intentions contained in this press release are reasonable, there
can be no assurance that such beliefs, plans, expectations or
intentions will prove to be accurate. Investors should consult all
of the information set forth herein and should also refer to the
risk factors disclosure outlined in our most recent annual report
for our last fiscal year, our quarterly reports, and other periodic
reports filed from time-to-time with the Securities and Exchange
Commission.
Contacts: Wolverine Exploration Inc. Bruce Costerd (778)
297-4409 Wolverine Exploration Inc. Richard Haderer (403) 275-4461
pubco@telus.net www.wolverineexplorationinc.com
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