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Wallbridge Adds Two Drills, Targets Up To 80,000 Metres in 2019 at Fenelon
Wallbridge Adds Two Drills, Targets Up To 80,000 Metres in 2019 at Fenelon Canada ...
About this update from Wallbridge Mining Co. Ltd.
[{"type":"text","content":"\n\n\n\nWallbridge Adds Two Drills, Targets Up To 80,000 Metres in 2019 at Fenelon\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, Aug. 15, 2019\n\n\n\nTORONTO, Aug. 15, 2019 /CNW/ - Wallbridge Mining Company Limited (TSX:WM, FWB: WC7) (\"Wallbridge\" or the \"Company\") is pleased to announce that it plans to increase the number of drills to six from four at its 100% owned Fenelon Gold Property (\"Fenelon\" or the \"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. \n\n \n \n\n \nOver 35,000 total metres have been drilled to date in 2019. The revised program, with six drills operating, will be on track to complete 70,000-80,000 metres by the end of the year. Five rigs (four surface, one underground) will be active on exploration drilling, doing large-spaced step-outs to define the footprint of the Fenelon gold system and one underground drill rig will continue testing the Naga Viper, Cayenne and Tabasco zones near the existing mine workings.\nAssay results are pending for 23 surface drill holes and eight underground holes, including 25 intervals with visible gold. With widespread gold mineralization over hundreds of metres, especially in Area 51, the processing, sampling and assaying of the drill holes takes considerable time. Wallbridge will continue to report meaningful, complete composites once all assay results from each hole are received. \nFenelon is located in northwestern Quebec proximal to the Sunday Lake Deformation Zone (\"SLDZ\") which hosts the Detour Gold Mine in Ontario, and Balmoral Resources' gold deposits at Martinière. Secondary splays of the SLDZ transect the Property over two to four-kilometre strike lengths and have controlled the emplacement of a significant gold system along the Jeremie Pluton and within a mafic-ultramafic sill referred to as the Main Gabbro.\nSince acquiring the property in late 2016, Wallbr...