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Wallbridge Mining Company Ltd.
Summary
| Project: | Fenelon | |
|---|---|---|
| Deposit: | Area 51, Tabasco | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 10/21/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 21-10-2019: Wallbridge Mining Company Ltd. announces an Exploration/Drilling Update report for its Area 51, Tabasco deposit at the Fenelon project. Drilling results incl. 38.39m @ 27.00g/t Au from 600.85m. TORONTO, Oct. 21, 2019 /CNW/ - Wallbridge Mining | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Marz Kord, Attila Pentek (Internal) | |
| ABSTRACT: | TORONTO, Oct. 21, 2019 /CNW/ - Wallbridge Mining Company Limited (TSX:WM, FWB: WC7) ("Wallbridge" or the "Company") is pleased to announce assay results from the ongoing 70- 80,000-metre 2019 drill program, which is continuing to follow up the Area 51 and Tabasco discoveries and outline a large gold system at its 100%-owned Fenelon Gold Property ("Fenelon" or the "Property"). Drill hole FA-19-086, which was visually described in the last Wallbridge Press Release dated October 09, 2019, assayed 27.00 g/t Au over 38.39 metres in the Tabasco zone at a vertical depth of 500 metres, further demonstrating the significant gold endowment of the gold system at depth. Further assay results from this hole are pending. "This interval released from hole FA-19-086 is a truly spectacular intersection with strong gold mineralization throughout the over 38 m core length that has been assayed so far", stated Attila Péntek, Vice President Exploration of Wallbridge. "We are keenly awaiting further assay results of surrounding batches from this hole which, based on the mineral assemblages described, should carry some additional gold mineralization. Holes FA-19-090 and FA-19-092, 100 to 150 m away also returned mineralized intersections of significant width along with some visible gold mineralization in the Tabasco zone. These new intersections for which assays are not yet available, along with 20.89 g/t Au over 8.54 metres intersected in FA-19-052 (Tabasco), 17.58 g/t Au over 11.04 metres in FA19-059 (Cayenne) and 5.50 g/t Au over 10.96 metres in FA-19-065 (Tabasco) make us very excited about the potential of the Fenelon gold system at depth." | |
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