Wallbridge Mining Company report that new assay results from the 2022 exploration program at Fenelon Gold project have expanded the Area 51. These results underscore the potential to further increase the size of the deposit, which remains open in multiple directions.
Attila Péntek, Wallbridge’s Vice President, Exploration, commented, “Wallbridge continues to grow the footprint of the Fenelon deposit beyond the boundaries of the MRE, supporting our 2023 strategy of drilling larger step-outs on known mineralized zones.
Recent results, including those reported, have continued to expand gold mineralization, particularly in the southeast, where our updated MRE already demonstrated significant resource growth. Most of the 2022 assay results have now been received and reported, with only a few isolated samples pending.
Our 2023 drill program is also testing various targets on a regional scale with the objective of identifying new zones of mineralization and areas of promising geology such as favorable host rocks and structures. We now have three drill rigs in target areas surrounding the Fenelon deposit until April, when two of the drills will be mobilized to Martiniere to commence exploration drilling with larger step-outs on known mineralized zones.”
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