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Wallbridge Mining Company Ltd.
Summary
| Project: | Fenelon | |
|---|---|---|
| Deposit: | Discovery Zone | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 7/14/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing PEA | |
| Report details: | 14-7-2016: Wallbridge Mining Company Ltd. announces a Resource Estimation report for its Discovery Zone deposit at the Fenelon project. Updated resource estimate, 90% increase in tonnes and a 26% increase in contained ounces. InnovExplo Inc. (“InnovExplo” | |
| Resources: | (Resource, M+I): 91000t @ 12.97g/t Au for 38000oz Au contained at project | |
| CP/QP: | [Resources]: Pierre-Luc Richard, Catherine Jalbert (InnovExplo Inc.) | |
| ABSTRACT: | InnovExplo Inc. (“InnovExplo”) was commissioned by Wallbridge Mining Company Ltd (“Wallbridge”) to complete a Technical Report on the Fenelon Mine Property (the “Property”) and a Mineral Resource Estimate on the Fenelon deposit in accordance with Canadian Securities Administrators’ National Instrument 43-101 Respecting Standards of Disclosure for Mineral Projects (“NI 43-101”) and Form 43-101F1. The mandate was assigned by Mr. Marz Kord, President and CEO of Wallbridge. InnovExplo is an independent mining and exploration consulting firm based in Vald’Or, Québec. This Technical Report supports the disclosure of the mineral resource estimate for the Fenelon deposit (a.k.a. the Discovery Zone deposit) on the Fenelon Mine Property. This report is addressed to Wallbridge Mining Company Ltd. Wallbridge is in the process of acquiring the Fenelon Mine Property from Balmoral Resources Ltd (“Balmoral”). Some of the terms of the acquisition have not yet been completed, therefore all mining rights to the Property are still registered to Balmoral. | |
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