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Wallbridge Mining Company Ltd.
Summary
| Project: | Fenelon | |
|---|---|---|
| Deposit: | Area 51, Tabasco | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 5/21/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 21-5-2019: Wallbridge Mining Company Ltd. announces an Exploration/Drilling Update report for its Area 51, Tabasco deposit at the Fenelon project. Drilling results incl. 227.80m @ 1.46g/t Au from 362.50m. "Our ongoing exploration program continues to sign | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Marz Kord, Attila Pentek (Internal) | |
| ABSTRACT: | "Our ongoing exploration program continues to significantly expand the known footprint of the Area 51-Tabasco gold system. We now have indicated the presence of broad stockwork-style gold mineralization with focused high-grade veins and shear zones over a 700-metre strike length and close to 600-metre vertical extent," explained Attila Pentek, VP Exploration. "The 100-200 metre step-outs are aggressive for such gold deposits and aim to give us an early indication of the distribution of this mineralization style. As such, the results yielded by FA-18-038EXT and FA-18-040EXT are very positive in proving the continuity of this well-mineralized structural corridor and confirming our initial interpretation of this new geologic environment. We will continue with our approach of large step-outs along strike and down-dip to further define the size potential and also carry-out some of the tighter, 40 metre spaced drilling to better understand the controls on "sweet spots", such as those intersected in FA-19-052, FA-19-059, and 19-0925-007, and to start proving up a resource in the Area 51 corridor." | |
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