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Wallbridge’s Infill Wedge Drilling Results Average 9.26 g Au/t over 31.34 metres in Tabasco Shear Zone
TORONTO, Jan. 13, 2021 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX:WM) (“Wallbridge” or the “Company”) is pleased to announce the remaining assay
About this update from Wallbridge Mining Co. Ltd.
[{"type":"text","content":" TORONTO, Jan. 13, 2021 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX:WM) (“Wallbridge” or the “Company”) is pleased to announce the remaining assay results from the five wedge cuts drilled around FA-19-086 that continue to delineate the high metal factor (grade multiplied by core length) domains in Tabasco-Cayenne shear zones. As expected, the results of the FA-19-086 wedge cuts confirm a wide shear zone with good geological continuity and highly variable gold grades. The average grade and width for the original hole and the five wedge cuts, which tested a 75 by 75 metre area surrounding the original hole at approximately 25-40 metre spacing, returned (see Figs. 1 and 2): 9.26 Au g/t (8.22 Au g/t cut) over 31.34 metres Note: Drill hole composites reported as \"cut\" contain higher grade samples that have been cut to 140 g/t Au. “Highly variable grade is a characteristic of these types of gold deposits and we expected a wide range of grades in these wedge-cuts. What is most important from a mining point of view is the geological continuity of the structure and the average grade of the zone,” stated Attila Péntek, Vice President Exploration of Wallbridge. “The five wedge cuts completed around hole FA-19-086 show good geological continuities with consistent shear zone thicknesses of greater than 20 metres core length, four of the six intersections being above 3.0 g/t Au, and overall average of 9.26 g/t Au over 31.34 metres. We continue to de-risk the project with tightly spaced wedge drilling in other selected areas as outlined in Figure 1, while we also complete in-fill drilling at larger (50-60 m) spacings elsewhere within our large Tabasco-Cayenne shear system.” Results of the first wedge cut (FA-19-086-W1) were previously announced (see Wallbridge Press Release dated October 19, 2020) and the remaining four wedge cuts are reported here (see Tables 1 and 2). Table 1. Comparison of the main Tabasco Zone intersections in hole FA-19-086 and the surrounding five wedge cuts within 25-40 metres distance Drill Hole Au g/t Au g/t Cut Length (m) Press Release Date FA-19-086 22.73 18.87 48.01 December 3, 2019 FA-19-086-W1 9.06 8.82 40.05 October 19, 2020 FA-19-086-W2 1.73 1.73 26.00 This Release FA-19-086-W3 3.11 3.11 21.55 This Release FA-19-086-W4 1.62 1.62 26.00 This Release FA-19-086-W5 5.00 5.00 26.40 This Release ...