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Wallbridge Mining Company Ltd T.WM

Alternate Symbol(s):  WLBMF

Wallbridge Mining Company Limited is a Canada-based company, which is engaged in the exploration and sustainable development of gold projects along the Detour-Fenelon Gold Trend in Quebec's Northern Abitibi region. The Company is focused on advancing its 100% owned Fenelon project and Martiniere project. The projects are situated within the Company's approximately 830 square kilometer (km2) Detour-Fenelon Gold Trend Property located in the Nord-du-Quebec administrative region approximately 75 kilometers (km) west-northwest of the town of Matagami, in the province of Quebec, Canada. Its Detour-Fenelon Gold Trend projects include Casault, Detour East, Grasset Gold, Harri and Doigt. The Company owns a 100% interest in the Nantel property. Its other gold assets include Hwy 810, Beschefer and N2 Property. The Grasset gold property is located immediately east of and adjoins the Fenelon property. The Company also holds approximately 15.8% interest in the common shares of NorthX Nickel Corp.


TSX:WM - Post by User

Post by Lurkylemmingon Mar 18, 2019 6:20pm
177 Views
Post# 29503155

Its All About the Drilling

Its All About the DrillingWhether this gets bought out by Sprott or someone for $'s, whether they should build a mill, whether they have a multi million ounce deposit, etc... all of this stuff is fantasy until the deposit is proved up through drilling and analysis of the cores.  The bulk sample and perhaps bulk sample #2 are a nice bonus as they generate money to continue delineating this deposit.  But again it will be the drilling that determines what the share price will get to and that process is going to take many months.
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