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Gold/Mining/Energy : Wolfden Resources YWO.CDNX -- Ignore unavailable to you. Want to Upgrade?

To: Pete who wrote (12)	5/16/2002 5:08:10 PM
From: Al Collard	Respond to of 83

Wolfden Resources Inc. - Announcement Thunder Bay, Ontario -- Shares Issued: 15,111,921 At the request of the TSX Venture Exchange, Wolfden Resources Inc. ("Wolfden) (TSX Venture:YWO) announces that it is not aware of any material change in the affairs of Wolfden which has not been generally disclosed and which accounts for the increase in the market price of the common shares of Wolfden. The Company is currently drilling with two drill rigs at the High Lake property located in Nunavut, Canada. The results from the drilling program will be announced upon receipt. Wolfden is a Canadian based mineral exploration and development company engaged in the exploration of economic mineral deposits. For further information, please contact: Ewan Downie, President Phone: 807-473-6723 or 807-346-1668 Fax: 807-473-1977 e-mail: wolfden@baynet.net Web Site: www.wolfdenresources.com