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Be the first with the news that moves the market- Wallbridge Mining (WM) began its 2023 drill at its at its Fenelon Gold project
- The program aims to test new exploration targets surrounding the 2023 mineral resource estimate footprint
- 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. (WM) was down 3.03 per cent, trading at $0.16 per share as of 10:25 am ET
Wallbridge Mining (WM) began its 2023 drill at its at its Fenelon Gold project.
The program aims to test new exploration targets surrounding the 2023 mineral resource estimate footprint.
In February, Wallbridge mobilized three drills to Fenelon to test some of the prospective areas surrounding the existing deposit. These were developed through the interpretation of combined geologic and geophysical data as well as, where present, historic drill results. The 2023 drill program will focus on testing exploration targets on the property.
Attila Péntek, Wallbridge’s Vice President of Exploration, commented:
“In addition to drilling in the vicinity of the Fenelon deposit targeting larger step-outs on the existing zones, our 2023 drill program is testing various targets on a regional scale. These will focus on areas of promising geology, such as favourable host rocks and structures, with the objective of identifying new zones of mineralization elsewhere on the company’s 830 sq. km. Detour-Fenelon Gold Trend Property. In April, two of the drills will be mobilized to Martiniere to commence exploration drilling with similar objectives of assessing the deposit’s size potential and discovery of nearby zones.”
Wallbridge’s flagship Fenelon Gold project is located 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 is engaged in the acquisition, discovery, development, and production of metals focusing on gold, copper, nickel, and platinum group metals.
Wallbridge Mining Company Ltd. (WM) was down 3.03 per cent, trading at $0.16 per share as of 10:25 am ET.
