Mailing of circulars in connection with the take-over bid of Wolfden Resources Inc.

    Shares Issued: 88,732,878

    THUNDER BAY, ON, April 11 /CNW/ - Wolfden Resources Inc. (TSX:WLF)
confirms that in connection with the offer (the "Offer") by Zinifex Canadian
Enterprises Inc. ("ZCE"), an indirect wholly-owned subsidiary of Zinifex
Limited, to acquire all of the outstanding Wolfden common shares, including
Wolfden common shares issuable upon the exercise of any options and warrants,
ZCE mailed to Wolfden shareholders of record on April 2, 2007, ZCE's take-over
bid circular (the "ZCE Circular"), together with the directors' circular
issued by the board of directors of Wolfden (the "Directors' Circular").
    The ZCE Circular and the Directors' Circular contain a more complete
description of the terms and conditions of the Offer, the method of acceptance
of the Offer and other information relating to the Offer, and are accompanied
by a Letter of Transmittal and a Notice of Guaranteed Delivery. All of these
documents are available on the internet at under Wolfden's
public documents, or on the home page of Premier's website at

    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.

    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

    %SEDAR: 00010215E

For further information:

For further information: Ewan Downie, President & CEO, Phone: (807)
346-1668, Fax: (807) 345-0284, e-mail:, Web Site:

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