- Wallbridge Mining (TSX:WM) released the final assay results from its 1,303 metre Phase 2 drilling program, completed in September 2024, at its 100 per cent owned Fenelon Gold Project
- The Phase 2 program, aimed at providing greater definition of gold resources within the upper levels of the high-grade Tabasco zone, comprised four targeted infill holes drilled within an approximate 150 metre by 250 metre area
- Wallbridge’s flagship Fenelon Gold project is on the highly prospective Detour-Fenelon Gold Trend Property in Québec’s Northern Abitibi region.
- The project has a current mineral resource estimate with a combined 2.67 million ounces of indicated gold resources and 1.72 million ounces of inferred gold resources.
- Wallbridge Mining stock (TSX:WM) last traded at $0.065
Wallbridge Mining (TSX:WM) released the final assay results from its 1,303 metre Phase 2 drilling program, completed in September 2024, at its 100 per cent owned Fenelon Gold Project.
The Phase 2 program, aimed at providing greater definition of gold resources within the upper levels of the high-grade Tabasco zone, comprised four targeted infill holes drilled within an approximate 150 metre by 250 metre area.
Significant highlights from the drilling program include:
- 5.68 g/t Au over 1.5 metres in drill hole FA-24-581
- 3.93 g/t Au over 2.5 metres, 14.66 g/t Au over 1.5 metres in drill hole FA-24-582
- 7.03 g/t Au over 0.5 metres, 2.70 g/t Au over 3.0 metres in drill hole FA-24-583
- 5.92 g/t Au over 2.7 metres in drill hole FA-24-584
“The grades returned from these latest four holes provide further confirmation of the position and extent of the principal structures that extend upward from the high-grade core of the Fenelon gold resource,” Wallbridge’s chief executive, Brian Penny commented in a news release. “We look forward to releasing the results of an updated Preliminary Economic Assessment at Fenelon in the first quarter of 2025 and will continue to provide regular updates to the market on our corporate activities.”
Wallbridge’s flagship Fenelon Gold project is on the highly prospective Detour-Fenelon Gold Trend Property in Québec’s Northern Abitibi region.
The project has a current mineral resource estimate with a combined 2.67 million ounces of indicated gold resources and 1.72 million ounces of inferred gold resources.
Wallbridge Mining Company Ltd. is engaged in the acquisition, discovery, development and production of metals focusing on gold, copper, nickel and platinum group metals.
Wallbridge Mining stock (TSX:WM) last traded at $0.065 and is up 8.33 per cent on the month, but down 35.00 per cent since the year began.
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