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Wallbridge Mining Company Ltd.
Summary
| Project: | Fenelon | |
|---|---|---|
| Deposit: | Fenelon | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 1/27/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 27-1-2020: Wallbridge Mining Company Ltd. announces an Exploration/Drilling Update report for its Fenelon deposit at the Fenelon project. Drilling results incl. 0.51m @ 83.18g/t Au from 714.12m. TORONTO, Jan. 27, 2020 /CNW/ - Wallbridge Mining Company Lim | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Evan Slater (Internal) | |
| ABSTRACT: | TORONTO, Jan. 27, 2020 /CNW/ - Wallbridge Mining Company Limited (TSX: WM, FWB: WC7) ("Wallbridge" or the "Company") is pleased to announce assay results from the previously reported VG intersection in FA-19-089 and other mineralized intervals in grassroots drill holes completed in 2019 on its 100%-owned Fenelon Gold Property ("Fenelon" or the "Property"). FA19-089, the first hole to test a target 800 m along strike to the northwest of the known footprint of the Area 51 gold system, intersected 83.18 g/t over 0.51 metres, highlighting the excellent potential for Area-51-style gold mineralization along the approximately four kilometre strike length of the Jeremie Pluton. "It is quite remarkable that drill holes completed 800 metres northwest along strike of the current zones have intersected similar gold mineralization and host geology as that found in Area 51. Results continue to support continuity of gold mineralization along the more than two kilometres tested on the property thus far, and mineralization remains open along strike and at depth," stated Marz Kord, President & CEO of Wallbridge. "Our drilling strategy for 2020 is: 1) continue the expansion of the Tabasco and Area 51 zones in anticipation of a resource estimate, 2) continue significant step-out drilling to extend the known gold zones deeper and along strike and 3) test grassroots targets along the more than four kilometres of favourable geology identified to date on the Fenelon property." | |
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