WM - the gift that keeps on giving :) Wallbridge Expands Tabasco-Cayenne Shear Zone Gold Mineralization at Fenelon
I have read the following phrase in Wallbridge press releases so many times, I am beginning to think we should just call it ‘The Wallbridge statement of operations’ – it is:
“Continued to expand the mineralization”
And in this second of two releases yesterday, sure enough, there it is right in the first paragraph.
Then we get the real meat on the bones:
· 56.00 metres of 4.84 g/t Au in FA-20-128,
· 19.15 metres of 8.41 g/t Au in FA-20-134,
· 8.50 metres of 9.76 g/t Au in FA-20-116, and
· 6.00 metres of 16.93 g/t Au in FA-20-123
Followed by another often used phrase, “remain open to depth and along strike” - which is another way of saying this system is the gift that just keeps on giving.
They also again reiterate the point that was mentioned in the previous press release from yesterday that there are more assays coming…. Attilla states:
In addition, the already significant intersection in FA-20-134 still has some assays pending due to delays in processing related to the suspension of activities.
And : “Further assays are pending for some of the drill holes and intersections of the Tabasco-Cayenne shear system are reported in separate releases.”
So in other words, hang on to your hats (and shares) folks, there is more coming down the pipe.
Again, I will not repost the grades and widths of the drills, they are clearly organized in the release, but when you look at them, and the sheer number of them, well, quite simply, this is where the rubber hits the road. This is the stuff dreams (and retirements) are made of.
In the diagrams of this release, we again see the converging of the various zones into main channels of mineralization, which I love, but Figure 2 has to be my favorite. That big beautiful ball of gold and rock with layer after layer of red and 2 shades of purple.
But, my absolute most favorite part of this diagram is those sexy arrows pointing in EVERY direction with the word “UNTESTED” next to it.
If I had to sum up this release in a few words, I would not try to reinvent the wheel, I would refer to the words used by Atilla, VP of Exploration:
“"The intersections on sections 9975_E and 10350_E significantly expand the known extent of the Tabasco shear system and our next drill holes will continue to test the limits of this extensive shear zone system, which remains open in all directions.
Key words here – “significantly expand” – “extensive shear zone system” – “remains open in all directions”
Other phrases that have been used for the Fenelon gold system are “District Scale” and Eric Sprott has even used the phase ‘Fenelon Gold Camp’ (as in Kirkland Lake Gold Camp with 7 mines)….
Are we at that point yet? That is debatable (for now). But with just about everyone zone, corridor, deposit, and vein we have ‘continuing to significantly expand’ with every single press release, with our biggest zones “remaining open in all directions”, you don’t have to be a rocket scientist or a geologist to see where this deposit and gold system is going.
I have heard many people say, ‘oh I missed the wallbridge run up’, and to them I say, no you didn’t, not even close. Imagine how many people said that when GBR hit 3.00, or how many said that when KL hit 10.00?
One thing is for sure ((in my opinion), when you can still buy a company’s shares for 1.17 that will have a multi-dollar buyout on a massive district scale deposit, you haven’t missed a thing. (yet)
Cheers all,
Jefe de Oro