Wolfden Resources terminates Murray Brook acquisition, opts for Manitoba claim

Base metals explorer Wolfden Minerals has cancelled its exclusivity agreement to buy a 65% interest in the Murray Brook project, the fifth-largest massive sulphide deposit in the Bathurst Mining Camp (BMC) of New Brunswick, from Votorantim Metals Canada, settling instead for a Manitoba nickel/copper claim. “After full due diligence, we decided that the share dilution expected for the Murray Brook acquisition was excessive. We are very excited by the nickel property acquisition owing to its high discovery potential and the potential to define a sizeable deposit,” Wolfden CEO George Topping said.