{"id":1185263,"date":"2020-05-19T13:12:17","date_gmt":"2020-05-19T18:12:17","guid":{"rendered":"https:\/\/www.mining.com\/?p=1024280"},"modified":"2020-05-19T13:12:17","modified_gmt":"2020-05-19T18:12:17","slug":"wallbridge-shares-up-on-fenelon-drill-results","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1185263","title":{"rendered":"Wallbridge shares up on Fenelon drill results"},"content":{"rendered":"<p>Wallbridge (TSX:WM) <a rel=\"noreferrer noopener\" aria-label=\"announced (opens in a new tab)\" href=\"https:\/\/www.wallbridgemining.com\/s\/press-releases.asp?ReportID=872043&amp;_Type=Press-Releases&amp;_Title=Wallbridge-Intersects-70.84-gt-Au-over-5.35-metres-and-32.26-gt-Au-over-7.0...\" >announced<\/a> on Tuesday further intersections from the definition drilling outlining high-grade results within the Main Gabbro area on its Fenelon gold property in northwestern Quebec.<\/p>\n<div class='ad-slot' id='div-gpt-ad-1561499308230-0'><script>googletag.cmd.push(function() {    googletag.display('div-gpt-ad-1561499308230-0');    googletag.pubads().addEventListener('slotRenderEnded', function (event) {        if (event.isEmpty) {            var id = event.slot.getSlotElementId();            var x = document.getElementById(id);            if(x == null) return;            if (x.parentElement.classList.contains('ad-slot')) {                x.parentElement.style.display = 'none';            }\t\t\t\t        }    });});<\/script><\/div>\n<p>Exploration activity resumed at Fenelon after a <a rel=\"noreferrer noopener\" aria-label=\"halt due to covid-19 plans from the provincial governments (opens in a new tab)\" href=\"https:\/\/www.mining.com\/wallbridge-operations-remains-suspended-in-april\/\" >halt due to covid-19 <\/a>containment measures.<\/p>\n<p>Result highlights include\u00a070.84 g\/t Au over 5.35 metres\u00a0in hole 20-5150-022,\u00a032.26 g\/t Au over 7.05 metres\u00a0in the Naga Viper Zone as well as\u00a051.37 g\/t Au over 2.10 metres\u00a0in the Cayenne Zone.<\/p>\n<figure class=\"wp-block-pullquote alignright\">\n<blockquote>\n<p>Exploration activity resumed at Fenelon after a halt due to covid-19 plans from the provincial governments<\/p>\n<\/blockquote>\n<\/figure>\n<p>&#8220;In addition to delivering exceptional results, the definition drilling has further defined the near-surface zones immediately surrounding existing infrastructure,&#8221; said Francois Demers, VP, mines &amp; projects at Wallbridge.   &#8220;This allows us to advance the mine planning required with the goal of taking the Main Gabbro into production in the future while exploration and expansion of Tabasco and Area 51 continues.&#8221; <\/p>\n<p>&#8220;Eventual production from the Main Gabbro would likely be the first step as we continue to drive this multi-phase project forward,&#8221; he added.  <\/p>\n<p>Results from five short exploration drill holes testing the near-surface western extension of the Main Gabbro Zones were also announced, and include\u00a012.12 g\/t Au over 1.90 metres\u00a0and\u00a04.38 g\/t Au over 1.15 metres. <\/p>\n<p>These intersections are approximately 300 and 140 metres west of the nearest mine workings.<\/p>\n<p>The company now estimates completing between 70,000 and 80,000 metres of drilling in 2020. <\/p>\n<p>Midday Tuesday, Wallbridge\u2019s stock was up nearly 7% on the TSE. The company has a C$615 million market capitalization.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Exploration activity resumed at Fenelon after a halt due to covid-19 containment measures.<\/p>\n","protected":false},"author":110,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[369],"tags":[43],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1185263"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/110"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1185263"}],"version-history":[{"count":1,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1185263\/revisions"}],"predecessor-version":[{"id":1185264,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1185263\/revisions\/1185264"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1185263"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1185263"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1185263"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}