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Wallbridge Mining Company Ltd.
Summary
| Project: | Fenelon | |
|---|---|---|
| Deposit: | Fenelon | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 7/25/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 25-7-2018: Wallbridge Mining Company Ltd. announces an Exploration/Drilling Update report for its Fenelon deposit at the Fenelon project. Drilling results incl. 3.42m @ 35.91g/t Au from 77.58m. TORONTO, July 25, 2018 /CNW/ - Wallbridge Mining Company Limi | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Attila Pentek (Internal) | |
| ABSTRACT: | TORONTO, July 25, 2018 /CNW/ - Wallbridge Mining Company Limited (TSX:WM, FWB: WC7) ("Wallbridge" or the "Company") is pleased to announce positive initial results from its underground drill program and to provide an update on the ongoing development as part of the 35,000-tonne bulk sample and underground exploration program at its 100%-owned Fenelon Gold Property ("Fenelon"). "The progress of our bulk sample is on budget and schedule and importantly without any safety or environmental issues. Since initiating our exploration program in early June of this year, which so far has included nearly 2,500 metres of underground drilling, we have continued to refine and increase the confidence in our geological model and confirm the kind of grades we expect to deliver from this bulk sample," stated Marz Kord, President & CEO of Wallbridge. "We are quite excited with the high-grade intersections in these first 25 holes, 18 of which have visible gold. Due to their high-grade nature, a more robust assaying technique is needed, namely screen metallic, and as such assaying takes longer. We are eagerly awaiting the results of the rest of the drilled holes and look forward to continuation of the drilling which is planned for the rest of 2018. Over the next several months, we expect to continue to demonstrate the significant growth potential of Fenelon." | |
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