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Wallbridge Mining Expands Mineralized Footprint at Martiniere
TORONTO, Sept. 25, 2023 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX: WM, OTCQX: WLBMF) (“Wallbridge” or the “Company”) today announced that its 2
About this update from Wallbridge Mining Co. Ltd.
[{"type":"text","content":" TORONTO, Sept. 25, 2023 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX: WM, OTCQX: WLBMF) (“Wallbridge” or the “Company”) today announced that its 2023 exploration drill program has successfully extended the mineralized footprint of the gold system at its 100%-owned Martiniere Gold project (“Martiniere”) in multiple directions beyond the boundaries of the 2023 Mineral Resource Estimate (“MRE”). “The objectives of the 2023 Martiniere exploration drilling program were all achieved – the mineralized footprint was expanded to the southwest and to the east of the MRE, while gold mineralization was also identified in a number of grassroots exploration targets within a few kilometres of Martiniere. These represent attractive future exploration targets for potential resource growth,” said Attila Péntek, Wallbridge’s Vice President, Exploration Highlights Martiniere Southwest Extension (Target M4):MR-23-052: 10.73 g/t Au over 3.00 metres,including 26.50 g/t Au over 1.10 metres;MR-23-049: 9.09 g/t Au over 0.50 metres; Martiniere Dragonfly Zone (formerly Eastern Extension, Target M1):MDE-17-289: 3.21 g/t Au over 4.20 metres,including 8.23 g/t Au over 1.50 metres;MDE-17-289: 3.76 g/t Au over 2.30 metres; These intersections, along with others released on June 8, 2023, expand the known footprint of the Martiniere gold system by 250-300 m to the southwest and east; Assay results from exploration drilling confirmed gold mineralization in three grassroots targets; results from four other grassroots targets are still pending. Martiniere 2023 Drill Program The main objectives of the 2023 exploration program at Martiniere were to expand the known footprint of the Martiniere gold system through aggressive step-outs on known gold zones, and to test grassroots targets within a few kilometres of the deposit in search of new gold zones (see Figures 1 and 2). Wallbridge has now completed its 2023 Martiniere exploration drilling program with 29 drill holes totalling approximately 17,460 meters. The objectives of the drill program were achieved: the program tested six expansion targets (M1, M2, M3, M4, M10, M11) situated within 800 metres of the MRE footprint, as well as eight grassroots targets (M5, M6, M7, M8, M9, M12, M13, M14) within a 4.5-kilometre radius of the deposit. Today, the Company is reporting the results for 15 drill holes (see...