Wallbridge Mining Company Ltd. is pleased to announce results from its exploration drill program at the Fenelon Gold Property , with an intersection of 17.79 g/t Au over 16.40 metres, including 76.98 g/t Au over 3.30 metres in a newly discovered Eastern extension of the Gabbro Zones. This high-grade zone is located approximately 140 metres along strike to the east of, and 175 metres vertically below, the known part of the [...]
Wallbridge Mining Company Ltd. , is pleased to announce that it has completed the previously announced "bought deal" public offering through the issuance of an aggregate of 21,063,400 charity flow-through common shares of the Company at a price of C$0.95 per Charity Flow-Through Share for gross proceeds of C$20,010,230 to the Company, inclusive of the full exercise of the over-allotment option by the Underwriters to [...]
Wallbridge Mining Company Ltd. , has announced today that it has entered into an agreement with BMO Capital Markets, on behalf of itself and a syndicate of underwriters led by BMO Capital Markets, under which the Underwriters have agreed to buy, on a bought deal basis, 18,316,000 charity flow-through common shares of the Company at a price of C$0.95 per Charity Flow-Through Common Share for aggregate gross proceeds of [...]
Wallbridge Mining Company Ltd. is pleased to announce that its first deep exploration hole on the Fenelon Gold Property has intersected 17.23 g/t Au over 4.00 metres extending the known mineralization by 400 metres to a depth of 1.6 km. "This was our first ever deep drill hole testing the mineralization at depths of between 1.5-1.8 km below surface, 400 to 700 metres deeper than any previous hole on the Property. We are [...]
Wallbridge Mining Company Ltd. is pleased to announce a significant wide intersection from a newly-discovered depth extension of the Tabasco-Cayenne Zones at the Fenelon Gold Property , expanding strong gold mineralization to a vertical depth of 1,000 metres. Drill hole FA-20-203 intersected 3.71 g/t Au over 42.50 metres, including 6.11 g/t Au over 19.50 metres in the recently discovered eastern high metal factor domain [...]
Wallbridge Mining Company Ltd. is pleased to announce new results from its definition drill program at the Fenelon Gold Property , with strong gold intersections that continue to confirm the grade and geometry of the central portions of the Tabasco-Cayenne and Area 51 Zones, in support of the maiden mineral resource estimate planned for Q3 2021. Fenelon Gold System, Tabasco-Cayenne Definition Drill Results Highlight [...]
Wallbridge Mining Company Ltd. is pleased to announce that its expansion drilling program on the Fenelon Gold Property has highlighted increasing resource growth potential toward the east and at depth. Additionally, deep drill hole FA-20-120A-W1 intersected Area 51-style veins, some containing visible gold at a vertical depth of 1,500 to 1,600 metres, 400-600 metres below the previously known depth extents of the Fenelon [...]
Wallbridge Mining Company Ltd. is pleased to announce that new assay results from the definition drilling program on the Fenelon Gold Property continue to confirm the high “metal factor” continuity of the Tabasco-Cayenne shear system. The results reported today include a wide intersection of 3.48 g/t Au over 54.00 metres in FA-20-197 from the western part of the gold system, with higher grade sub-intervals of [...]
Wallbridge Mining Company Ltd. 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 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 [...]
Wallbridge Mining Company Ltd. today announced that due to the large increase in size potential of its Fenelon Gold Property , demonstrated by the exploration success in 2020, the Company’s Board of Directors has approved a 2021 program of approximately 170,000 metres of drilling and 4,800 metres of underground exploration development . The program involves spending of approximately $79 million for 2021, which includes [...]
Wallbridge Mining Company Ltd. today announced the appointment of Mr. Jeffery A. Snow, as a Director of the Corporation. Mr. Snow is a senior mining executive and lawyer with 39 years in the mining industry and extensive experience in corporate governance, business development, joint ventures, human resources, public relations and operations. Mr. Snow recently retired as Senior Vice-President, Business Development and [...]
Wallbridge Mining Company Ltd. is pleased to announce new assay results from the expansion drilling on the western edge of Area 51 on its 100% owned Fenelon Gold Property . Wide zones of strong gold mineralization were intersected at shallow depths, with highlight intersections including: 5.95 g/t Au over 20.45 metres, and 1.05 g/t Au over 40.95 metres between 60 and 140 metres below surface in drill hole FA-20-185 on [...]
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