Wolfden Reports Promising Gold Recoveries at Canoe Landing

Wolfden Resources Corp has announced positive metallurgical test results from its Canoe Landing deposit in New Brunswick. The testing focused on enhancing gold recovery rates via Bio-oxidation, showing potential growth from 32% to 60%. Such improvements could significantly affect the economics of this volcanic massive sulphide deposit.

Discovered in the 1960s, Canoe Landing is one of the largest undeveloped polymetallic deposits in the Bathurst camp. Modern techniques and current precious metal prices have shifted attention towards making this project economically viable.

Wolfden aims to optimize the flotation and bio-oxidation methods, with further testing planned using fresh core samples. Increased metal recoveries could add substantial revenue, although future studies are required to refine these preliminary results.