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Wallbridge Mining Company Ltd.

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Summary

Project:

Fenelon

Deposit:Fenelon
Location:Canada
Commodities:Gold
Date:1/6/2020
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Feasibility Study
Report details:6-1-2020: Wallbridge Mining Company Ltd. announces an Exploration/Drilling Update report for its Fenelon deposit at the Fenelon project. Amended report - drilling results incl. 9.70m @ 32.18g/t Au from 717.45m. TORONTO, Jan. 6, 2020 /CNW/ - Wallbridge Min
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Evan Slater (Internal)
ABSTRACT:TORONTO, Jan. 6, 2020 /CNW/ - Wallbridge Mining Company Limited (TSX:WM, FWB: WC7) ("Wallbridge" or the "Company") is pleased to announce additional positive results from the Lower Tabasco Zone on its 100%-owned Fenelon Gold Property ("Fenelon" or the "Property"). Hole FA-19-094 has returned assays of 32.18 g/t Au (21.56 g/t Au cut) over 9.70 metres, and the first two deep holes confirm continuation of the Lower Tabasco Zone to a vertical depth of 850 metres. Hole FA-19-094, together with previously reported intersections of 22.74 g/t Au (18.87 g/t Au cut) over 48.01 metres (in hole FA-19-086 located 100 metres up-dip), 20.89 g/t Au (20.89 g/t Au cut) over 8.54 metres (in hole FA-19-52 located 110 metres up-dip to the southeast) as well as visually strong mineralization with assays pending in FA-19- 103, have defined a high-grade core of the Lower Tabasco Zone (see Fig. 2). The first two deep holes are 240 metres apart along strike, and over 200 metres below intersections in holes -092 and -096. Hole FA-19-099, the visual description of which was reported in Wallbridge Press Release dated December 03, 2019, returned 5.06 g/t Au over 15.15 metres. Hole FA-19-104 returned a 26-metre core length intersection with visible gold and sulfide mineralization; assays are pending.

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