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Wolfden Resources Inc

Publié le 21 février 2007

Receives positive recommendation from the Nanavut Impact Review Board

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  Wednesday, February 21, 2007
  WOLFDEN RECEIVES POSITIVE RECOMMENDATION FROM THE NUNAVUT IMPACT REVIEW BOARD



 
Shares Issued: 88,647,878 

WOLFDEN RESOURCES INC. (TSX:WLF) is pleased to announce that the Nunavut Impact Review Board (NIRB) has completed its screening of the High Lake project and has stated to the Hon. Jim Prentice, Minister of Indian and Northern Affairs Canada, in a letter dated February 20 2007, that “After examining the Project Proposal and comments received, NIRB has determined that, pursuant to Section 12.4.4(b), the Project requires a public review under Part 5 or 6 of the NCLA” (Nunavut Land Claim Agreement).
 
“This positive recommendation demonstrates significant advancement of the High Lake Project,” commented Ewan Downie, President and CEO.  “The board has recommended a Part 5 or 6 Review and demonstrates continued support of the High Lake Project from regulatory authorities and represents another milestone in our steady progress towards building major infrastructure and the construction of the first major copper and zinc mine in the Kitikmeot Region of Nunavut.” 
 
This determination was based on the information provided in the Project Proposal filed with NIRB on November 17, 2006 and on comments from regulatory authorities. This decision allows formal commencement of the Environmental Assessment for the project and is in agreement with Wolfden’s internal assessment of the scope of the environmental assessment.   NIRB also stated in its letter to Minister Prentice its desire to have effective co-ordination of the Project’s review by means of the draft Transition Agreement worked out between the parties under both NIRB and Canadian Environmental Assessment Agency’s procedures that “NIRB wants to move this project forward to review as soon as possible”.

WOLFDEN
is a Canadian based mineral exploration and development company with a diversified portfolio of advanced stage properties and several ongoing exploration programs in Canada. Wolfden is debt free and has a strong treasury.
 
For further information, please contact:
Ewan Downie, President & CEO           Phone: 807-346-1668                 Fax: 807-345-0284
Or Naomi Nemeth, Vice President, Investor Relations                 Phone: 416-304-6601
e-mail: Info@wolfdenresources.com                   Web Site: www.wolfdenresources.com
The statements made in this Press Release may contain forward-looking statements that may involve a number of risks and uncertainties.  Actual events or results could differ materially from the Company’s expectations and projections.

Wolfden Resources Inc

CODE : WLF.V
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Wolfden Res. est une société d’exploration minière basée au Canada.

Wolfden Res. est productrice d'or au Canada, et détient divers projets d'exploration au Canada et en Afrique Du Sud.

Son principal projet en production est LUPIN MINE au Canada et ses principaux projets en exploration sont RAPSON BAY, CASUMMIT LAKE et FOLLANSBEE au Canada.

Wolfden Res. est cotée au Canada. Sa capitalisation boursière aujourd'hui est 308,2 millions CA$ (330,1 millions US$, 245,9 millions €).

La valeur de son action a atteint son plus haut niveau récent le 18 juin 2007 à 3,80 CA$, et son plus bas niveau récent le 09 décembre 2016 à 0,08 CA$.

Wolfden Res. possède 81 100 000 actions en circulation.

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Communiqués de Presse de Wolfden Resources Inc
05/06/2007HIGH LAKE RECEIVES PART 5 REVIEW STATUS
17/05/2007Commencement Of Compulsory Acquisition By Zinifex
11/05/2007CHANGES TO BOARD AND MANAGEMENT AND CANCELLATION OF SHAREHOL...
09/05/2007ZINIFEX LIMITED ACQUIRES 95% OF WOLFDEN RESOURCES INC.
19/03/2007WOLFDEN RESOURCES INC. AND ZINIFEX LIMITED ENTER INTO SUPPOR...
21/02/2007 Receives positive recommendation from the Nanavut Impact Re...
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