Wolfden Resources Corporation (WLF:TSX-V) (“Wolfden” or the “Company”) is pleased to announce that it has completed the previously announced acquisition of a 100% interest in the Pickett Mountain Property, located in Penobscot County, northern Maine, U.S.A. (the “Property”) for a cash purchase price of US$8.5 million (the “Acquisition”). The Property comprises 6,871 acres of timberland and all minerals, mining, subsurface and surface rights owned by the seller, and includes the Pickett Mountain base metal deposit (the “Pickett Mountain Project”).
