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Wallbridge Mining Company Ltd.
Summary
| Project: | Fenelon | |
|---|---|---|
| Deposit: | Fenelon | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 3/25/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 25-3-2019: Wallbridge Mining Company Ltd. announces an Exploration/Drilling Update report for its Fenelon deposit at the Fenelon project. Drilling results incl. 6.22m @ 3.38g/t Au from 90.68m. TORONTO, March 25, 2019 /CNW/ - Wallbridge Mining Company Limi | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Marz Kord, Attila Pentek (Internal) | |
| ABSTRACT: | TORONTO, March 25, 2019 /CNW/ - Wallbridge Mining Company Limited (TSX:WM, FWB: WC7) ("Wallbridge" or the "Company") is pleased to announce that the first hole of its 2019 surface drill program has intersected multiple visible gold-bearing shear zones and other abundant mineralized veins over an approximately 275 metre core length. These multiple structures and gold occurrences confirm the recently-announced Area 51 discovery (see Wallbridge Press Release dated February 21, 2019) as a significant size target which increases the ultimate size potential of the gold system at its 100%-owned Fenelon Gold property ("Fenelon" or the "Property"). Assay results are pending and will be reported when received. In addition, Wallbridge continues to achieve positive results from the underground drill program targeting the extensions of the other known zones at Fenelon. "The goal of our 2019 program of 50,000 – 75,000 metres combined underground and surface drilling was designed to prove up substantial additional underground gold resources at Fenelon in preparation for an updated 43-101 resource estimate," stated Marz Kord, President & CEO of Wallbridge. "The Area 51 mineralized corridor is an exciting discovery that confirms the significant potential to expand the mineralized system at Fenelon. While underground drilling continues to expand resources to depth, surface drilling will test Area 51 as well as other targets property wide." | |
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