Wolverine Exploration Announces Executive Appointment and Outlines 2010 Exploration Program
June 14 2010 - 9:00AM
Marketwired
Wolverine Exploration Inc. ("Wolverine") (OTCBB: WOLV) is pleased
to announce the appointment of Mr. Luke Rich as VP, Exploration and
Business Development and to the board of directors of Wolverine.
Mr. Rich is a member of the Innu Nation and Mushuau Innu First
Nations and is a former VP of the Innu Nation. Prior to joining
Wolverine, Mr. Rich was also Co-CEO of the Innu Development Limited
Partnership ("IDLP") from October 2007 to April 2010. IDLP
participated in the construction of the mine and mill for the
Voisey Bay Nickel Project. Mr. Rich is also a board member of
various IDLP owned companies including Innu Mikun Airlines, Innu
Keiwit Constructor LP and the Innu/SNC Lavalin Partnership.
The 2010 exploration program will follow-up previous work
conducted by Wolverine since 2006 and will include additional
prospecting followed by trenching and a diamond drill program of
selected priority targets.
The prospecting program has commenced and will investigate and
sample where bedrock is exposed in all eight anomalous areas that
were identified by previous airborne electro-magnetic and
radiometric surveys.
Trenches will be cut in areas identified and located by the
project geologist, Ed Montague. It is anticipated that several will
be located near previously exposed mineralized rock cuts along the
Trans-Labrador Highway. Others will be located as determined by the
prospecting surveys in the immediate vicinity of the anomalies.
Excavation will be done by a contractor out of Goose Bay affiliated
with the Innu Nation as the exploration is within the area of their
land claims. Exposed bedrock will be washed, sampled, using a rock
saw, photographed and backfilled to comply with government
regulations. Samples will be immediately sent to an accredited lab
for analysis.
Locations and orientation of diamond drilling of identified
mineralized zones will be determined by the project geologist, Ed
Montague. It is expected that a minimum of five, 100 meter angled
holes will comprise the initial program. Further drilling will be
dependent on visual analysis of the drill core. Core will be split
and sent for analysis.
Ed Montague a qualified person as defined in NI 43-101 prepared
the scientific and technical information disclosed in this news
release.
On behalf of the Board
Lee Costerd, President
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, statements regarding the 2010
exploration program.
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. Ronald Jones (778) 297-4409
www.wolverineexplorationinc.com
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