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Wallbridge Mining Extends Tabasco-style Gold Mineralization at Fenelon
Assay Highlights Include: 7.80 g/t Au over 16.00 metres 2.66 g/t Au over 39.50 metres 3.80 g/t Au over 11.20 metres 2.38 g/t Au over 16.05 metres TORONTO, Nov.
About this update from Wallbridge Mining Co. Ltd.
[{"type":"text","content":" Assay Highlights Include: 7.80 g/t Au over 16.00 metres 2.66 g/t Au over 39.50 metres 3.80 g/t Au over 11.20 metres 2.38 g/t Au over 16.05 metres TORONTO, Nov. 08, 2022 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX:WM, OTCQX:WLBMF) (“Wallbridge” or the “Company”) is pleased to report that ongoing drilling at the Company’s 100%-owned Fenelon gold project (“Fenelon” or the “Project”) has identified additional gold mineralized zones outside of the Project’s current Mineral Resource Estimate (“MRE”). These results will be incorporated into the MRE update and preliminary economic assessment (“PEA”) currently underway at Fenelon. Attila Péntek, Wallbridge’s Vice President, Exploration, commented: “Earlier this year, we identified a very favourable environment for gold deposition to the east-southeast of the current Fenelon resource footprint, at vertical depths between 600 metres and 1,000 metres. The intersection, 7.80 g/t Au over 16.0 metres in hole FA-22-411, released today, shows the continuation of high-grade Tabasco-style mineralization in this area, adding to a number of significant intersections already reported in our news release dated July 26, 2022, and underscoring the potential for bulk underground mining zones at Fenelon.” Highlight Assay Results Tabasco-Cayenne Corridor (above 200 m vertical depth) FA-22-410 4.26 g/t Au over 5.50 metres, including 15.43 g/t Au over 1.40 metres; Tabasco-Cayenne Corridor (below 200 m vertical depth) FA-22-411 7.80 g/t Au over 16.00 metres, including 44.10 g/t Au over 2.25 metres; FAM-22-008 3.80 g/t Au over 11.20 metres; FA-22-445 11.07 g/t Au over 2.80 metres; Area 51, Near Surface (above 200 m vertical depth) FA-22-467 2.38 g/t Au over 16.05 metres, including 6.95 g/t Au over 3.40 metres, and 3.95 g/t Au over 3.15 metres; FA-22-467 15.03 g/t Au over 1.50 metres; FA-22-436 1.23 g/t Au over 16.20 metres, including 1.76 g/t Au over 9.80 metres; FA-22-436 0.66 g/t Au over 24.60 metres, including 1.14 g/t Au over 11.40 metres; FA-22-440A 1.38 g/t Au over 11.40 metres, including 15.80 g/t Au over 0.60 metre; Area 51 (below 200 m vertical depth) FAM-22-008 2.66 g/t Au over 39.50 metres, ...