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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 jefedeoroon Jan 28, 2020 7:00am
198 Views
Post# 30607362

Press Release Points - 800 meters of more Gold

Press Release Points - 800 meters of more GoldWith this NR we see more of the same from the last one, and I would say more of the same small picture vs. the big picture thinking.  Small picture is the 83 g/t was "only" half a meter wide. Not necessarily the super sexy widths the market flash lovers are looking for.           
                                                                                                                             The big picture however, is that: A) The WM team is so good at what they do, they can use their knowledge of this property and geology, and go almost a Kilometer away and know where to drill, and hit not just gold, but massive high grade 83 g/t gold. --""FA-19-089 was our first drill hole to test this concept, targeting a structural-geophysical target in the Jeremy Pluton, and our success reaffirms that the Jeremy Pluton is a high-quality exploration target far into the northern part of the Property."                                                        

  B)  The fact that they did hit a high grade vein, demonstrates that the area 51/pluton gold system continues for a WHOPPING 800 meters.  That is FAR, and that is going to be a lot of new zones, drilling, high grade veins and hits and press releases. --"The high-grade results announced today highlight the excellent potential to discover Area 51-style mineralization along the entire 4-kilometre strike length of the Jeremie Pluton contact on the Fenelon Gold Property"                                                      

      C) The overall repeating theme of 'Growth' is once again, well, repeating.  This gold system gets bigger and bigger every press release, and with these drills, it just got  A LOT BIGGER.  How many double and triple digit grade veins are they going to find infill drilling this 800 m tract?  While I don't know, I have a pretty good guess, but either way I cannot wait to find out!  

Cheers all,      

-Jefe de Oro

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