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Wallbridge Mining Company Ltd.
Summary
| Project: | North Range JV | |
|---|---|---|
| Deposit: | Parkin | |
| Location: | Canada | |
| Commodities: | Nickel-Copper-PGM-Gold | |
| Date: | 3/2/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 2-3-2017: Wallbridge Mining Company Ltd. announces an Exploration/Drilling Update report for its Parkin deposit at the North Range JV project. JV - Drilling results incl. 1.74m @ 0.35% Ni, 0.1% Cu, 0.16g/t Pt, 0.28g/t Pd, 5.8g/t Au from 764.12m. Wallbridg | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Joshua Bailey (Internal) | |
| ABSTRACT: | Wallbridge Mining Company Limited (TSX:WM, FWB: WC7) ("Wallbridge") is pleased to provide an update on nickel, copper, and platinum group metal ("Ni-CuPGM") exploration as part of the ongoing 20,000 metre partner-funded drilling program on the Parkin properties ("Parkin") in Sudbury, Ontario. "The first part of this program is mostly directed below and down-plunge of the near surface zones with the objective of identifying new deposits with larger tonnage potential. Results to date have been encouraging with new mineralization intersected and off-hole conductive anomalies identified. Nearly all drill holes have intersected wide intervals of weakly mineralized inclusion quartz diorite which is indicative of a significant Ni-Cu-PGM mineral system at Parkin", stated Joshua Bailey, Vice President Exploration of Wallbridge, "Our task is to find the traps where the sulfide in this large system has collected. We look forward to continuing drilling and testing the numerous targets on this large property, including new targets emerging from the geological and geophysical modelling that is underway". Wallbridge's exploration on its large portfolio of Ni-Cu-PGM properties in Sudbury, Ontario, is currently focused on the fully-funded $3.96 million 2017 joint venture programs with partner Lonmin Plc (see Wallbridge Press Release dated October 13, 2016). These programs include approximately 20,000 metres drilling on the Parkin Properties. Since October, ten drill holes and one wedge-cut totaling 5,593 metres have been completed at Parkin. | |
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