Wallbridge Mining Company Ltd. is pleased to announce assay results from the ongoing 70-80,000-metre 2019 drill program, which is continuing to follow up the Area 51 and Tabasco discoveries and outline a large gold system at its 100%-owned Fenelon Gold Property . Drill hole FA-19-086, which was visually described in the last Wallbridge Press Release dated October 09, 2019, assayed 27.00 g/t Au over 38.39 metres in the [...]
Wallbridge Mining Company Ltd. is pleased to provide significant new high-grade assays and visual results from the ongoing 70-80,000-metre 2019 drill program, which is continuing to follow up the Area 51 and Tabasco discoveries and outline a large gold system at its 100%-owned Fenelon Gold Property . The new drilling further demonstrates the significance of the Tabasco zone below a vertical depth of 400 metres, where it [...]
Wallbridge Mining Company Ltd. is pleased to announce several important discoveries and the achievement of milestones that further demonstrate the large size potential of the Fenelon gold system . Drill results extend the Cayenne zone to a depth of 700 metres, the Tabasco zone an additional 150 metres to the east and all known zones an additional 80 metres to the west-northwest. Furthermore, strong, visible gold-bearing [...]
Wallbridge Mining Company Ltd. is pleased to announce that it plans to increase the number of drills to six from four at its 100% owned Fenelon Gold Property . A fifth drill arrived on site yesterday and a sixth drill will be mobilized in the coming weeks. The additional drills will enable Wallbridge to accelerate and increase its 2019 exploration program in the Main Gabbro and Area 51 zones. Over 35,000 total metres [...]
Wallbridge Mining Company Ltd. is pleased to announce that its exploration drilling program continues to show excellent along strike and down-dip continuity of numerous gold zones over hundreds of metres in Area 51 at its 100%-owned Fenelon Gold Property . In addition, drilling on the Tabasco Zone located between the mine workings and the Area 51 discovery is demonstrating excellent continuity of this zone. The [...]
Wallbridge Mining Company Ltd. is pleased to announce that it has closed the second and final tranche of its previously-announced non-brokered private placement , see news release dated August 1, 2019, through the issuance of 1,060,000 common shares in the Company on a flow-through basis to Quebec resident investors at a price of $0.50 per Super FT Share and 100,000 common shares in the capital of the Company on a [...]
Wallbridge Mining Company Ltd. is pleased to announce that it has closed the first tranche of a non-brokered private placement through the issuance of 2,590,000 common shares in the Company on a flow-through basis to Quebec resident investors at a price of $0.50 per Super FT Share; 6,027,717 common shares in the capital of the Company on a flow-through basis at a price of $0.46 per National FT Share; and 13,261,170 units [...]
Wallbridge Mining Company Ltd. is pleased to announce that its exploration drilling program has intersected high-grade gold mineralization within the Main Gabbro at approximately 600 metre vertical depth at its 100%-owned Fenelon Gold Property . Furthermore, exploration drilling to the southwest continues to encounter strong mineralization within the Tabasco and Area 51 corridors over a 900 metre proven strike length [...]
Wallbridge Mining Company Ltd. is pleased to announce that its surface and underground exploration drilling continues to intersect significant high-grade, visible gold-bearing zones within broad mineralized intervals at its 100%-owned Fenelon Gold Property . The results released here significantly advance the 2019 exploration goal of expanding the known footprint and demonstrating the large size potential of the Fenelon [...]
Wallbridge Mining Company Ltd. today announced continued high-grade gold assays from the ongoing resource drill program at its 100%-owned Fenelon Gold 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 , 7,500 metres of resource drilling [...]
Wallbridge Mining Company Ltd. continues to deliver on its 2019 exploration strategy at its 100%-owned Fenelon Gold property and provides the following update on its drilling and exploration strategy. Wallbridge currently has four drill rigs operating on the Property with over 22,000 total metres drilled so far in 2019 and the program is on track to complete 50,000-70,000 metres as planned by the end of the year. At [...]
Wallbridge Mining Company Ltd. is pleased to announce that its exploration drill program has significantly increased the known extent of the newly-discovered Area 51 gold system at its 100%-owned Fenelon Gold property . Several new holes have intersected wide zones of mineralization with intervals containing visible gold. Drilling to date has indicated the presence of broad stockwork-style gold mineralization with [...]