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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 May 21, 2020 7:22am
451 Views
Post# 31054964

Wallbridge does it again, (no surprise)

Wallbridge does it again, (no surprise)Wallbridge Reports Strong Intercepts from the Area 51 Gold System at Fenelon

In beautiful Wallbridge (F*** the shorts) style, we saw 2 fantastic releases yesterday, following another great one the day before, and of course the ensuing charge up in share price.  And for good reason.   More gold in pretty much all zones, great drill intercepts, great grades, and pretty much all zones open in all directions.  Kind of what you would call the perfect storm…The perfect Gold storm. 

I really like the way these two press releases break up the various zones, very clearly showing the development in each, separating the hits under subtitles, and of course the beautiful maps clearly illustrating the Fenelon Funnel of Gold, gently tapering down to its Mother.

In Area 51 we have long low grade bulk mineable intercepts, underground bulk mineable intervals in the 2-10 g/t range, and underground mineable intervals above 10 g/t, all at both near surface and at depth.

Area 51 has expanded and continues to expand in both directions, East and West, (for WM longs this is no surprise) and as many of us had and have guessed, it also expands across the border into our newly acquired lands to the South West.  After all, there was a reason we bought Bar’s lands, and it wasn’t because we wanted to get into the real estate market.  We bought their lands because the WM team saw the pattern of the gold system traveled in the that direction and continued to expand in that direction as well.   If we needed any proof of this, BAR proved it with some drills to the East of Area 51, but more so in a spectacular fashion with the 308 g/t over 2.97 meter hit including 858 g/t over 1-06 meter hit.   Very similar to a Main Gabbro type hit, and it makes we wonder if we don’t have another or several Main Gabbro type/size pockets of very high grade in our new lands.  For sure we know the gold system continues into these lands, and as we all know, massive gold deposits don’t adhere to man made borders and lines on maps.

I wont, nor do I need to re-post the incredible grades and lengths of the drill intersections, they are very clearly laid out in the press release by the Wallbridge Team (Great job as usual ladies and gentlemen) , but I will say some very impressive numbers, especially the lengths and thicknesses.  Like everything else in a standard Wallbridge press release, they are increasing and increasing each time.

In using all available geological data, the WM team has organized a whopping 27 gold bearing zones into 8 ‘Corridors’, and as usual, we just keep getting more :  
“Geophysical information and initial drill results by Balmoral indicate that the Area 51 mineralization may extend far into the Balmoral land package and will represent one of the high priority targets for the 2020 drill program.”

Gee, I wonder what they will find in that new “High Priority” area?

The press release then states:  “Further assays are pending for some of the drill holes and intersections of the Tabasco-Cayenne shear system are reported in separate releases.” 

Notice the wording – “separate releases” – Plural.  Therefore, the second release we got after this one yesterday, will be followed by more.  I would like to highlight that for our shorter friends. 

Now as for the diagrams, there are simply too many to go into individually, but at the risk of repeating something I have been pointing out for at least a year now, it is more evident than ever that the pattern of all of these gold bearing zones and corridors is that they very obviously taper together, join, and form what I call the Fenelon Funnel.  If you look at figures 3,4,5, and 8 it is most especially noticeable.  The main zones, Tabasco, Cayenne, Gabbro, all trace their sources together and join one another at depth. 

As Uncle Eric likes to point out, ‘Gold does not come above’.   It comes from down below, from one original source (what is referred to as the mother lode),  and if you trace a gold system backwards, from the surface down, that is obviously where it leads you.   These zones, more and more of them now, coming together at depth, contnue to lead me to one dramatically fantastic conclusion, that the WM team is hot on trail of the mother lode of this massive and ever expanding gold system, and the newly acquired lands are certainly a great place to follow the golden brick road.

I congratulate all of the WM longs and our solid core group of regular posters for never wavering, staying with logic over emotion, riding out the market crash, and being one giant step closer to a very, very large payday upon buyout.  Those of us who have been around since .10 know, we have come far, but we have a lot farther to go, and that multi-dollar buy out just got bigger (again) and it will continue to do so for quite some time to come. To all of our new investors, a big welcome aboard the WM train, and I guarantee if you focus on our fundamentals, our every increasing gold system, get comfortable, you will be handsomely rewarded in the near future.   

Cheers all,
Jefe de Oro


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