Wallbridge Discovers New Area of Gold Mineralization 15 kilometres East of Fenelon
TORONTO, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX: WM, OTCQX: WLBMF) (“Wallbridge” or the “Company”) today announced the discovery of a new area of gold mineralization at the Grasset East Flexure target area on its 100%-owned Grasset Gold property (“Grasset Gold”), located 15 kilometres east of the Company's flagship Fenelon Gold Project (“Fenelon”) (see Figs.
- TORONTO, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX: WM, OTCQX: WLBMF) (“Wallbridge” or the “Company”) today announced the discovery of a new area of gold mineralization at the Grasset East Flexure target area on its 100%-owned Grasset Gold property (“Grasset Gold”), located 15 kilometres east of the Company's flagship Fenelon Gold Project (“Fenelon”) (see Figs.
- “Our initial drill program on the grassroots Grasset Gold property is a good start in this new, unexplored area,” said Attila Péntek, Wallbridge’s Vice President, Exploration.
- The Grasset East Flexure target area consists of a large conglomerate-wacke basin (Timiskaming-like) in contact with a thick sequence of mafic volcanic rocks.
- Originally, the Company intended to complete approximately 5,000 metres of diamond drilling on 11 targets over an area of 4.5 kilometres by 3.5 kilometres (see Wallbridge release dated August 24, 2023).