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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: LoneClone who wrote (29974)	1/17/2007 10:23:44 AM
From: LoneClone	Read Replies (1) \| Respond to of 78421

Wolfden Resources receives land use permits from Kitikmeot Inuit Association for High Lake Project in Nunavut Wednesday January 17, 9:20 am ET ca.us.biz.yahoo.com Shares Issued: 88,647,878 THUNDER BAY, ON, Jan. 17 /CNW/ - WOLFDEN RESOURCES INC. (TSX:WLF - News), in conjunction with the Kitikmeot Inuit Association, is pleased to announce the signing of an Inuit Owned Lands Access Agreement with the Kitikmeot Inuit Association ("KIA") with respect to the Company's planned High Lake Re-licensing Project in Nunavut, Canada. The KIA has issued the required Land Use Licenses to Wolfden, which provide access to and use of Inuit Owned Land. This is a significant milestone for Wolfden because issuance of these licenses 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 kilometers north of High Lake. The High Lake Re-licensing Project constitutes Phase One of construction and provides for the initiation of Wolfden's advanced exploration activities. Additionally, the KIA has granted the licenses 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 CEO. "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" 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. 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. For further information Ewan Downie, President, Phone: (807) 346-1668, Fax: (807) 345-0284 or Naomi Nemeth, Vice President, Investor Relations at (416) 304-6601 e-mail: Info@wolfdenresources.com, Web Site: www.wolfdenresources.com Source: Wolfden Resources Inc.