Wolfden Resources Corporation (WLF:TSX-V) (“Wolfden” or the “Company”) announces the key acquisition of the Rice Island Tie-On property (the “RITOP”) located adjacent to Wolfden’s Rice Island property (the “RIP”) that contains the Rice Island nickel-copper-cobalt deposit. The deposit has been targeted in drilling programs completed by Wolfden during 2015 and 2016 and has returned high-grade nickel, copper and cobalt values over mineable widths during these campaigns. Collectively, the 100%-owned RITOP and RIP comprise 2,611 hectares and are located 10 kilometres southeast of the Town of Snow Lake in west-central Manitoba.