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Wallbridge Resumes Exploration Drilling at Fenelon Gold Property in Quebec
Wallbridge Resumes Exploration Drilling at Fenelon Gold Property in Quebec Canada ...
About this update from Wallbridge Mining Co. Ltd.
[{"type":"text","content":"\n\n\n\nWallbridge Resumes Exploration Drilling at Fenelon Gold Property in Quebec\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, May 31, 2017\n\n\n\nTORONTO, May 31, 2017 /CNW/ - Wallbridge Mining Company Limited (TSX:WM, FWB: WC7) (\"Wallbridge\") is pleased to announce that it has resumed exploration drilling at its Fenelon Gold property (\"Fenelon\") in Quebec. This minimum 2,000 metre program follows successful drill results from surface earlier this year when five of nine holes intersected significant gold with one drill hole intersecting 7.06 metres of 149.08 g/t gold (see Wallbridge press release dated April 18, 2017). \n\n\n \n \n\n \n\"Our initial exploration drilling has been quite successful in expanding gold mineralization in multiple target areas which are still open for expansion and are all in very close proximity to the existing infrastructure,\" stated Marz Kord, President and CEO of Wallbridge. \"We look forward to continuing the resource expansion drilling from surface and from underground once we secure the permits for an underground bulk sample.\"   \n\nThe drilling will further explore the West Extension Target, which was the focus of the program earlier this year, and also test the East Extension and Depth Extension Targets. These are shown in the figure below which can also be found on the Wallbridge website at: http://www.wallbridgemining.com/i/maps/Figure-1-Long-Section-May-31-2017.jpg.\n\nAt Fenelon, Wallbridge believes there is an exploration target with potential for between 240,000 and 400,000 ounces gold (600,000 to 1,500,000 tonnes at a grade of between 8 and 12 g/t gold) within a 500 metre strike length in the area of the existing ramp, to a depth of 800 metres. This exploration target is conceptual in nature and is based on the grade and tonnes per vertical metre of the current resource, and possible extensions indicated by geological modelling supported by recent drilling results, the size of untested target areas, and the nature of similar deposits in the region. Wallbridge cautions that there ha...