Wallbridge Mining 2018-08-28T13:45:00+00:00

Wallbridge Mining (TSX:WM) is a Canadian minerals exploration and mining company. Wallbridge is establishing a pipeline of projects that will support sustainable production and revenue as well as organic growth through exploration and scalability.

When investing in mining shares, or any industry, timing is everything.  For a mining company to succeed, they must have:
1. Outstanding technical, financial and investor relations people,
2. Tremendous mineral properties, and
3. The capital required to advance their projects,

That’s exactly what you have with Wallbridge Mining, a well-established, well-funded Canadian mining company with a 100%-owned high-grade Fenelon Gold Property in Quebec. Fenelon is an advanced, exceptionally high-grade gold project. Wallbridge will be extracting a 35,000 ton bulk sample in the next several months.  

Wallbridge anticipates several million in free cash flow from this bulk sample and will follow up with continued exploration and development drilling.  Their goal is to define a deposit with 400,000 ounces or more, of high-grade gold.

While investing in mining is speculative, the rewards can be spectacular. Wallbridge is currently developing its 100%-owned high-grade Fenelon Gold Property in Quebec. Wallbridge is also pursuing additional advanced stage projects which would add to the Company’s near term project pipeline.

Recent News Releases:

On August 28, 2018: Wallbridge Continues to Intersect High Grade Mineralization with 49.06 g/t Gold over 10.13 Metres
Wallbridge 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.

Highlights:

  • To date, 50 drill holes have been completed totaling more than 4,800 metres.
  • Visible gold was observed to be present in 33 drill holes.
  • Since the last press release (see Wallbridge Press Release dated August 14, 2018), partial assay results of 6 additional holes have been received with highlights as follows:
    • 18-1035-005: 48.81 g/t gold over 6.13 metres in the Naga Viper zone
    • 18-1035-010: 30.47 g/t gold over 3.63 metres in the Chipotle zone
    • 18-1035-017: 49.06 g/t gold over 10.13 metres in the Chipotle zone
  • Assay results from additional 38 drill holes are pending.
  • The 18,000-metre drilling program from underground and surface is planned to continue until December 2018.
  • Blasting and mucking of the first stope (CH-01) is underway.
  • Production drilling of the second stope (NV-01) will begin next week.
  • Ramp development is nearing the second level (5180 Level).
  • Over 2,000 tonnes of ore has been shipped and stockpiled at the Camflo mill.

On August 14, 2018: Wallbridge Intersects 29.23 g/t gold over 4.80 metres
Wallbridge 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.

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.

On July 25, 2018: Wallbridge Intersects 35.91 g/t Gold over 3.42 Metres and Reaches First Mining Level at Fenelon
Wallbridge announced positive initial results from its underground drill program. They have completed 25 drill holes so far, 18 of which can be visibly observed to contain gold. Further updates will be released continuously as drilling continues over the rest of 2018.

On June 13, 2018:
Wallbridge completed rehabilitation of its existing underground workings and commenced ramp development and underground diamond drilling as part of the 35,000-tonne bulk sample and underground exploration program at Fenelon.

On May 29, 2018:
Wallbridge appointed Mr. Francois (Frank) Demers as Vice President Mining & Projects. Mr. Demers brings to Wallbridge a wealth of experience in the mining industry, spanning close to 20 years. During his career, Mr. Demers has held progressively more responsible roles in both operations and management. Most recently Mr. Demers was General Manager of KGHM International Ltd. Sudbury operations.

Learn more about Wallbridge’s current market activity here. Or contact Ray Mullaney at (401) 558-0222 for additional information.

Read More Press Releases
Wallbridge Fact Sheet