Thunder Bay, Ontario, December 5, 2022 – Wolfden Resources Corporation (WLF.V) (the “Company” or “Wolfden“) is pleased to announce that the Company has been awarded a $275,000 grant from the Manitoba Mineral Development Fund (MMDF) to support the 2023 exploration programs on its wholly-owned Nickel Island Ni-Cu-Co-PGE Project at Island Lake, Manitoba. The Nickel Island deposit has an estimated Inferred Mineral Resource of 8.5 mT at 0.86% NiEq* that remains open along strike and at depth. Plans include ground geophysical surveys to prioritize potential extensions of the mineralized system that could be followed up with diamond drilling.