Wallbridge Mining Company Ltd. is pleased to report that initial drilling on the new ground acquired through its recent acquisition of Balmoral Resources Ltd. has greatly expanded the ultimate size potential of the Fenelon Gold System. Recent drilling has extended gold mineralization 500 metres to the west and 850 metres to the south of Area 51. This greatly expands the ultimate potential size of the Area 51 vein network [...]
Wallbridge Mining Company Ltd. today reports that it has completed the first phase of metallurgical testing of the Tabasco and Area 51 zones from Wallbridge’s Fenelon Gold Project at SGS Laboratories , achieving gold recoveries up to 99.1% using conventional and proven technologies. The goals of this latest round of metallurgical testing by SGS were to evaluate gold recovery for various grind sizes and processing [...]
Kore Mining Ltd. is pleased to announce it has appointed Mr. Michael Tucker as VP Exploration. Mr. Tucker is the former exploration manager for Balmoral Resources, which was recently acquired by Wallbridge Mining Company . KORE is also pleased to announce two appointments to our US based development team responsible for permitting the Imperial gold project. The Company remains on-track to deliver the Long Valley project [...]
Wallbridge Mining Company Ltd. is pleased to report strong gold intersections from Area 51 at its 100%-owned Fenelon Gold Property , which further confirm the significant underground, high-grade resource potential of this mineralized environment. Area 51, along with the Main Gabbro, the Tabasco and Cayenne Zones, forms part of a large gold system which is targeted by the Company’s ongoing, fully-funded 100,000-metre [...]
Wallbridge Mining Company Ltd. is pleased to announce an intersection of 24.61 g/t Au over 15.00 metres from the Lower Cayenne Zone, expanding the high-grade domain of this zone by 260 metres down-dip to a vertical depth of 825 metres. The Company today reports partial assay results of two surface drill holes , which are part of the Company’s ongoing, fully-funded 100,000-metre 2020 drill program at its 100%-owned [...]
Wallbridge Mining Company Ltd. is pleased to report today the first assay results received since the resumption of activities after the suspension of work due to COVID-19, and provide an update of the ongoing, fully-funded 80,000-100,000 metre 2020 drill program at its 100%-owned Fenelon Gold Property. Highlights Main Gabbro in-fill drilling continues to define high-grade shoots near existing mine workings 20-1100-011 [...]
Wallbridge Mining Company Ltd. is pleased to announce that it has entered into an option agreement to acquire up to a 65% interest in the Casault gold property , which is contiguous to both its Martiniere and Detour East gold properties, from Midland Exploration Inc. . “Optioning the Casault Gold Property consolidates Wallbridge’s district-scale land position along the Detour-Fenelon Gold Trend,” said [...]
Wallbridge Mining Company Ltd. held its Annual and Special Meeting of Shareholders on June 5, 2020. A total of 395,764,439 shares or 66.89% of the outstanding shares of the Company were represented at the Meeting by proxy or in person. All of the matters submitted to the shareholders for approval as set out in the Company's notice of meeting and information circular dated April 21, 2020 were approved by the requisite [...]
Wallbridge Mining Company and Balmoral Resources are pleased to announce the completion of the previously-announced Plan of Arrangement between the Parties. With completion of the Arrangement Wallbridge has now acquired 100% of the issued and outstanding common shares of Balmoral in exchange for consideration of 0.71 of a common share of Wallbridge for each Balmoral Share. "With the completion of the Arrangement [...]
Wallbridge Mining Company Ltd. is pleased to announce that the wide-spaced step out drilling at its 100%-owned Fenelon Gold Property has continued to expand the mineralization in the Tabasco-Cayenne shear system along strike and down dip. These new intersections continue to demonstrate the excellent widths and grade of this zone, and include: 56.00 metres of 4.84 g/t Au in FA-20-128, 19.15 metres of 8.41 g/t Au in [...]
Wallbridge Mining Company Ltd. is pleased to announce that it continues to outline strong gold mineralization over a 600 by 500 metre area within the Area 51 vein network, which occurs in the hangingwall to the Tabasco-Cayenne shear system on its 100%-owned Fenelon Gold Property . The results announced today continue to show the grade characteristics typical of the Jérémie Pluton-hosted Area 51 veins, allowing the future [...]
Wallbridge Mining Company Ltd. is pleased to announce further intersections from the definition drilling outlining high-grade shoots at shallow depths adjacent to the existing mine workings within the Main Gabbro area on its 100%-owned Fenelon Gold Property . Results announced today include 70.84 g/t Au over 5.35 metres in hole 20-5150-022, 32.26 g/t Au over 7.05 metres in hole 20-5150-027 in the Naga Viper Zone as well [...]