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Message: Wallbridge Mining Says Drilling at Fenelon Property Intersects Gold at Tabasco Zone; Gained 7.1% on Monday

Wallbridge Mining Says Drilling at Fenelon Property Intersects Gold at Tabasco Zone; Gained 7.1% on Monday

posted on Oct 22, 2019 12:32PM

 

 
2019-10-22 08:18:50 AM ET (MT Newswires)
   
   

08:18 AM EDT, 10/22/2019 (MT Newswires) -- Mineral explorer Wallbridge Mining (WM.TO) said late Monday that the ongoing 2019 exploration drilling conducted at its 100%-owned Fenelon gold property in Quebec intersected gold mineralization, which shows significant gold endowment of the gold system.

Drill hole FA-19-086 assayed 27.00 g/t Au over 38.39 metres in the Tabasco zone, the company said.

"We have now accelerated the deep exploration to continue following these high-grade zones to depth, in order that we may plan for a greatly expanded drill program in 2020, which will provide us with the data required to complete a property wide resource/reserve estimate in early 2021," said CEO Marz Kord.

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