Wolfden Resources, es geht los!

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Wolfden Resources, es geht los!

 
18.01.07 06:28
Wolfden Resources gets land access from KIA

2007-01-17 09:44 ET - News Release

Mr. Ewan Downie reports

WOLFDEN RESOURCES RECEIVES LAND USE PERMITS FROM KITIKMEOT INUIT ASSOCIATION FOR HIGH LAKE PROJECT IN NUNAVUT

Wolfden Resources Inc., in conjunction with the Kitikmeot Inuit Association, has signed an Inuit-owned lands access agreement with the Kitikmeot Inuit Association (KIA) with respect to the company's planned High Lake relicensing project in Nunavut, Canada.

The KIA has issued the required land use licences to Wolfden, which provide access to Land use of Inuit-owned land.



This is a significant milestone for Wolfden because issuance of these licences will allow for the construction of camp facilities at Wolfden's High Lake project, an airstrip at Sand Lake, and an all-weather access road between the High Lake project site and the airstrip located approximately 13 kilometres north of High Lake.



The High Lake relicensing project constitutes phase one of construction and provides for the initiation of Wolfden's advanced exploration activities.

Additionally, the KIA has granted the licences for the winter trail route on Inuit-owned lands between High Lake and Ulu, and High Lake and Grays Bay. These permits will allow Wolfden to move equipment between project sites. Construction of the camp, road and airstrip will enable the company to operate year-round at High Lake with the ability to land Hercules-sized cargo aircraft to supply the site.

"These permits represent a significant advance for Wolfden in that they allow us to expand and accelerate our activities at High Lake, our most advanced project," said Ewan Downie, Wolfden's president and chief executive officer. "We look forward to continuing to work closely with the KIA and other Inuit organizations in developing Canada's north and ensuring that our projects reach their milestones."

The Kitikmeot Inuit Association president, Donald Havioyak, states that, "KIA supports development such as at the High Lake project so long as there is a balance between environment protection and benefits for both KIA and Wolfden."

We seek Safe Harbor.



Hinweis gemäß § 34 WpHG: Orsus Consult GmbH und Mitarbeiter halten Aktien von Wolfden und Globex






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