Wolverine Minerals Corp.

Wolverine Minerals Corp.

January 25, 2011 10:01 ET

Wolverine Expands Finlayson Lake Holdings

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 25, 2011) - WOLVERINE MINERALS CORP.  ("Wolverine" or the "Company") (TSX VENTURE:WLV)(FRANKFURT:4LP) is pleased to announce that it has expanded its holdings in the Finlayson Lake Project Area as part of an option agreement with Strategic Metals Ltd ("Strategic"). (See news release of September 16, 2010).

In the Finlayson Lake Project Area a total of 194 claims, aggregating approximately 4,055 hectares have been acquired. Through this expansion, two new properties were staked, being the Reid Prospect and the Coach Prospect. The lands acquired are as follows:

The Reid Prospect consists of sixteen claims, covering approximately 320 hectares. It is located roughly 35 km south of the Company's Loop property which straddles the Robert Campbell Highway. Although the prospect was originally discovered in 1968, the only work recorded is limited prospecting as well as VLF-EM and geochemical surveys in 1988. Polymetallic sulfide mineralization occurs in a series of narrow, NE trending quartz veins. In 1988, Imperial Metals Ltd. reported that sampling had returned values up to 1.67% Cu, 2% Pb, 1.7% Zn and 14 oz./ton Ag. The Company intends to complete prospecting as well as geological and geochemical surveys to determine the potential size of the prospective zone and potential targets for drilling.

The Coach Prospect consists of forty-eight claims aggregating roughly 1000 hectares. It is located about 15 km. east of the Company's Gam property. The claims are underlain by Devonian to Mississippian metavolcanic and metasedimentary rocks in fault contact with serpentinized ultramafic rocks. Several exploration programs were carried out during the period 1988-98 and have roughly defined several soil geochemical anomalies for various elements; eg: As, As-Ag, Cu-Ag and Cu-Zn. However, no mineralization has ever been located in place. The Company intends to detail the known geochemical anomalies with basal till sampling utilizing an auger drill to fully evaluate the significance of these anomalous zones and if warranted test them by core drilling.

The Gam Property - An additional 40 claims were staked to cover possible extensions to the known mineralized trends and alteration zones.

The String Property - An additional 36 claims were staked to cover potential source areas of soil geochemical anomalies which are open to the north and northwest.

The Vivi Property (that was recently acquired see news release of January 7, 2010) - An additional 54 claims were staked to cover possible source areas for very significant gold and arsenic values encountered in geochemical silt samples.

All of the properties described above have been acquired from Strategic for the cost of staking and will become part of the option agreement between Wolverine and Strategic.

Wolverine's land package in the Yukon now totals 2,585 claims, aggregating approximately 52,346 hectares or 523 square kilometers. There are now 2,042 claims in the Dawson Range area and 543 claims in the Finlayson District.

Thomas Doyle, President and CEO, stated, "We are very pleased with the large land package that Wolverine has been able to assemble either through option or purchase. We look forward to the upcoming exploration season when we can pursue the full potential of these properties."

The Company's website, www.wolverineminerals.ca, will be updated to reflect the expanded land positions in the near future.

The technical data in this news release has been reviewed and approved by James M. Dawson, P.Eng, who is a qualified person under the definition of National Instrument 43-101.


Per: "Thomas A. Doyle"

Thomas A. Doyle
President & CEO

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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