Wallbridge Mining Company Ltd. (TSX:WM, FWB:WC7) is pleased to announce continued positive results from its underground drill program and to provide an update on the ongoing development as part of the 35,000-tonne bulk sample and underground exploration program at its 100%-owned Fenelon Gold Property (“Fenelon”).
Highlights
- To date, 41 drill holes have been completed totaling more than 3,600 metres.
- Visible gold was observed to be present in 27 drill holes.
- Since the last press release (see Wallbridge Press Release dated July 31, 2018), assay results of 4 additional holes have been received with highlights as follows:
18-1030-011: 10.05 g/t gold over 5.40 metres in the Naga Viper zone
18-1035-002: 29.23 g/t gold over 4.80 metres in the Chipotle zone
18-1035-004: 65.70 g/t gold over 1.08 metres in the Fresno zone
18-1035-012: 28.30 g/t gold over 0.55 metres in the Chipotle zone and 61.10 g/t gold over 0.30 metres in the Naga Viper zone
- Assay results from additional 33 drill holes are pending.
- The 18,000-metre drilling program from underground and surface is planned to continue until December 2018.
- Production drilling on the first stope (CH-01) currently underway.
- Development has commenced on the second mineralized zone (Naga Viper) on level 5195.
- First ore shipments to the Camflo mill have begun
“We are making excellent progress and have begun the first shipments of Fenelon ore to the Camflo mill. The success of the drilling program to date is two-fold. Not only has …read more
From:: Investing News Network