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Wallbridge Mining Company Ltd.
Summary
| Project: | Fenelon | |
|---|---|---|
| Deposit: | Beschefer | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 3/13/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 13-3-2019: Wallbridge Mining Company Ltd. announces an Exploration/Drilling Update report for its Beschefer deposit at the Fenelon project. Drilling results incl. 20.01m @ 2.55g/t Au from 203.62m. TORONTO, March 13, 2019 /CNW/ - Wallbridge Mining Company | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Marz Kord, Attila Pentek (Internal) | |
| ABSTRACT: | TORONTO, March 13, 2019 /CNW/ - Wallbridge Mining Company Limited (TSX:WM, FWB:WC7) ("Wallbridge" or the "Company") is pleased to announce positive results from its initial drill program at the recently-optioned Beschefer gold property ("Beschefer" or "Beschefer Project") in Quebec. "We are pleased with the assay results of our initial drill program confirming the presence of a very continuous, up to 20 m wide, gold-bearing structure," stated Attila Péntek, Vice-President, Exploration of Wallbridge. "Even though we did not intersect high-grade domains in this structure like some of the historic drilling, we certainly achieved our goal of proving the continuity and predictability of the B-14 structure. As a next step, we are working on an updated 3D geological model of the project to better understand the controls on gold deposition and are planning a more substantial drill program to outline the high-grade domains and establish an initial resource." About the Beschefer Project The Beschefer Project covers 647 hectares and is located in the Northern Abitibi Greenstone Belt, 14 km east of the past-producing polymetallic Selbaie Mine, 45 km northeast of the Casa Berardi Mine and 28 km from Wallbridge's Fenelon Gold Property. Historically, the area has mainly been explored for volcanogenic massive sulfide deposits similar to the Matagami camp and the Selbaie Mine. | |
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