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Wallbridge Mining Company Ltd.

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Summary

Project:

Fenelon

Deposit:Tabasco
Location:Canada
Commodities:Gold
Date:3/4/2020
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Feasibility Study
Report details:4-3-2020: Wallbridge Mining Company Ltd. announces an Exploration/Drilling Update report for its Tabasco deposit at the Fenelon project. Drilling results incl. 43.7m @ 3.37g/t Au from 857.2m. TORONTO, March 04, 2020 /CNW/ - Wallbridge Mining Company Limit
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Evan Slater (Internal)
ABSTRACT:TORONTO, March 04, 2020 /CNW/ - Wallbridge Mining Company Limited (TSX:WM, FWB: WC7) ("Wallbridge" or the "Company") is pleased to announce further highgrade intersections in the Lower Tabasco and Cayenne zones on its 100%-owned Fenelon Gold Property ("Fenelon" or the "Property"), expanding the high-grade portion of the Tabasco Zone to 500 metres strike length and 500 metres down dip extent with intersections such as 4.31 g/t Au over 32.50 metres in hole FA-19-096 and 3.37 g/t Au over 43.70 metres, including 5.71 g/t Au over 19.45 metres in hole FA-20-110. Drilling in 2020 has significantly expanded the known extents of the Tabasco and Cayenne Zones along strike and depth. Holes FA-20-118, -119, and -126 all intersected strong mineralization in the West, while holes FA-20-116 and -123 are pushing mineralization to the East, onto section 10350 E, where the Tabasco Zone had not yet been identified (see Fig. 1). Assays are currently pending for these holes. The Cayenne Zone is also showing areas of strong gold mineralization at depth, as shown by the intersection of 4.61 g/t Au over 15.60 metres, including 19.06 g/t Au over 2.70 metres in FA-19-094, located 75 metres down-dip of 17.58 g/t Au over 11.04 metres in FA-19-059 announced in Wallbridge Press Release dated July 09, 2019. Additionally, definition drilling in the Main Gabbro zone has expanded known high-grade shoots with intersections such as 40.66 g/t over 5.96 metres in hole 19-0985-013.

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