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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 samdrukeron Jun 24, 2019 10:31am
90 Views
Post# 29855639

Toronto, Ontario – June 24, 2019 – Wallbridge Mining Company

Toronto, Ontario – June 24, 2019 – Wallbridge Mining Companytoday announced continued high-grade gold assays from the ongoing resource drill program at its 100%-owned Fenelon Gold property (“Fenelon” or the “Property”). Drilling in Fenelon’s Main Gabbro area continues to successfully follow high-grade shoots, particularly in the Naga Viper and Cayenne zones in proximity and below the existing underground workings. Since the last press release (see Wallbridge Press Release dated May 21, 2019), 7,500 metres of resource drilling has been completed and assay results from 13 resource drill holes have been received with highlights as follows: 19-0970-001: 64.69 g/t gold over 0.50 metre (0.45 metre estimated true width) in the Naga Viper zone, 19-1035-003: 16.66 g/t gold over 2.33 metres (2.12 metre estimated true width) in the Naga Viper zone, 18-1035-019: 14.67 g/t gold over 1.00 metre (0.70 metre estimated true width) in the Habanero zone 19-0985-003: 17.93 g/t gold over 0.65 metre (0.50 metre estimated true width) in the Naga Viper zone, • The Naga Viper zone continues to be intersected in all underground drill holes targeting the Main Gabbro with the occurrence of visible gold noted in several of the holes. Assays are currently pending for three of these visible goldbearing intervals. • Visible gold was also observed in several intersections of the Cayenne zone, just south of the Main Gabbro. Assays are currently pending for two of these intervals.
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