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Wallbridge Mining Co Ltd. T.WM

Alternate Symbol(s):  WLBMF

Wallbridge Mining Company Limited is a Canada-based company, which is focused on exploration and sustainable development of gold projects. The Company’s flagship project, Fenelon Gold (Fenelon), is located on the highly prospective Detour-Fenelon Gold Trend Property in Quebec’s Northern Abitibi region. The Company’s Martiniere project is located approximately 110 kilometers (km) west of the town of Matagami and 150 km north of Amos, Quebec, Canada. The Company’s Beschefer project covers 6.47 square kilometers (km2) and is located 28 km southwest of the Fenelon Gold project. The Company also holds a 19.9% interest in the Archer Exploration Corp. (Archer). Archer holds a portfolio of nickel assets in Ontario and Quebec.


TSX:WM - Post by User

Bullboard Posts
Post by actionguyon Jan 26, 2019 1:57pm
111 Views
Post# 29285108

more juicy- all from jan 15 nr

more juicy- all from jan 15 nr
  • Two surface drill holes (FA-018-050 and -051) following-up the deep intersection in FA-18-038 intersected several mineralized shear zones in the same environment. The latter drill hole contained visible gold in a potentially new zone at a vertical 380 m depth, further extending high grade mineralization to depth.
  • Assay results from 12 underground drill holes and 15 surface drill holes are pending.
  • Production from the fifth stope (NV-03) is underway.
  • Approximately 23,000 tonnes of ore has been mined of which 20,000 tonnes have been shipped to the Camflo mill.

“We are extremely pleased with the success of the 2018 exploration program. We confirmed the exceptional grades we can expect in the remaining stopes to be taken during this bulk sample campaign and that of additional proximal ore that will be available for future production. Additionally, the discovery of visible gold-bearing mineralization in FA-18-038, and -051, some of the deepest holes ever drilled on the property, shows the potential for significant resource growth at Fenelon,” stated Marz Kord, President & CEO of Wallbridge.

“The intersections in FA-18-038 released today are very positive as they demonstrate the presence of strong mineralized structures hundreds of metres away from the current mine workings in totally underexplored parts of the property. The intersection in FA-18-051 of multiple wide intervals of favorable host rocks with several mineralized shear zones, one of which had visible gold at vertical depth of 380 metres, is again a milestone in the expansion of the mineralized system at Fenelon,” stated Attila Pntek, Vice-President, Exploration of Wallbridge.

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