News

Wallbridge Mining Hits High-Grade Gold at Fenelon Project

Wallbridge Mining Hits High-Grade Gold at Fenelon Project

Exciting Discoveries from Wallbridge Mining at Fenelon

Wallbridge Mining Company Limited (TSX: WM, OTCQB: WLBMF) is thrilled to share recent drilling updates from its fully owned Fenelon Gold Project. The latest results from a comprehensive Phase 2 drill program have unveiled further high-grade gold mineralization evidence, bolstering the project's anticipated potential.

Details of The Phase 2 Drilling Program

This recent program consisted of 1,303 metres of drilling performed in September, characterized by four highly focused infill holes aimed at enhancing the understanding of the gold mineral resources within the upper levels of the high-grade Tabasco zone. The targeted area, approximately 150 metres by 250 metres, produced noteworthy assay results.

Key Highlights from the Assay Results

The assay results revealed significant intersections of gold mineralization, including:

  • 5.68 grams per tonne (g/t) over 1.5 metres in drill hole FA-24-581
  • 14.66 g/t over 1.5 metres and 3.93 g/t over 2.5 metres in drill hole FA-24-582
  • 7.03 g/t over 0.5 metres within FA-24-583 and 2.70 g/t over 3.0 metres
  • 5.92 g/t over 2.7 metres in drill hole FA-24-584

Management’s Remarks

Brian W. Penny, Chief Executive Officer of Wallbridge, expressed his satisfaction regarding the latest results. He indicated that these findings further confirm the position and extent of principal structures extending upwards from the core of the Fenelon gold resource. The company anticipates sharing the results of an updated Preliminary Economic Assessment for Fenelon in the near future.

Previous Drilling Success

Throughout 2023, Wallbridge has reported a series of encouraging results from prior delineation and infill drilling at Fenelon. These efforts were significant in their intent to build upon the foundations laid by previous mineral resource estimates, which have now positioned Fenelon as a promising site for continued exploration.

Quality Assurance Protocols

Wallbridge employs rigorous quality assurance and quality control protocols throughout its exploration projects. The main strategies implemented involve a secure chain of custody for samples, consistent checks utilizing certified reference materials, and independent secondary analyses performed at accredited laboratories.

Drill core samples have been meticulously processed, halved, and carefully transported to SGS Canada Inc. in Val d’Or for analysis. Here, samples are refined using a fire assay method paired with ICP-OES techniques to ensure precision in measuring gold content.

About Wallbridge Mining Company Limited

Wallbridge is dedicated to enhancing value through the strategic exploration and sustainable development of gold projects located along the Detour-Fenelon Gold Trend in Québec’s Northern Abitibi region. The company holds significant gold resources amounting to 3.05 million ounces of indicated gold and an additional 2.35 million ounces classified as inferred resources across its Fenelon and Martiniere projects.

Looking Ahead

Wallbridge's successful drilling results positioned Fenelon not only as a key part of the company's portfolio but also as a project boasting a positive Preliminary Economic Assessment. The assessment indicates a remarkable production estimate of 212,000 ounces of gold annually over a twelve-year span, affirming the project's viability.

Frequently Asked Questions

What is the significance of the drilling results at Fenelon?

The latest drilling results indicate high-grade gold mineralization, confirming the project's resource potential.

How does Wallbridge ensure quality in its drilling programs?

Wallbridge employs strict quality assurance and control measures, including reliable sample handling and rigorous laboratory analyses.

What future plans does Wallbridge have for the Fenelon project?

Wallbridge plans to release an updated Preliminary Economic Assessment and continue regular updates on corporate activities.

How much gold resource does Wallbridge have in its projects?

Wallbridge reports 3.05 million ounces of indicated gold resources plus 2.35 million ounces inferred across its projects.

Who can I contact for more information about Wallbridge Mining?

For inquiries, Brian Penny, CEO, can be contacted at (416) 716-8346 or via email at bpenny@wallbridgemining.com.

About The Author

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

Top 10 Most Recent News Articles

PureHealth's Acid Reflux Solutions: An Investor's Insight

Updated Category News Views 2

Digestive Wellness: The Emerging Opportunity Some days, it feels like everybody's got a gripe about their gut. You nod along at the lunch counter, folks buzzing about digestive this and acid that. But when PureHealth Research pops up with their fancy supplements, well, even the stock market's noisier nonsense starts sounding a bit quieter. They're banking big on the...

Continue Reading
SystImmune's Data on Iza-bren Show Promise for Lung Cancer

Updated Category News Views 9

Stepping into New Territory with SystImmune Amid the cacophony of biotech whispers and the marketplace hum, SystImmune is trotting out something that might just make the folks in lab coats raise an eyebrow. They’ve got new data for Iza-bren—none of that flashy PR chatter—but it's damn promising if you ask me. At the World Conference on Lung Cancer in Seoul,...

Continue Reading
PathoSearch: A New Era in Pathology With Visual Search

Updated Category News Views 8

Revolutionizing Pathology with a Visual Search Engine In an era where time is money and precision is paramount, Aignostics is betting big on transforming the pathology landscape. Today, their announcement of PathoSearch, a visual search engine designed for retrieving comparable diagnosed pathology cases, marks a massive leap towards streamlining the diagnostic process....

Continue Reading
Ajman Spotlights Tourism at Arabian Travel Market 2026

Updated Category News Views 2

Ajman: A Tourism Gem in the Making Swinging into the Arabian Travel Market 2026, Ajman isn't just a footnote in the UAE's tourism playbook anymore, it's gunning for the spotlight. There's a flurry of activity as the Ajman Department of Tourism, Culture and Media rolls up its sleeves to flaunt the emirate's kaleidoscope of attractions to the world's tourism brass. Going...

Continue Reading
Larry Ellison's Moves Signal Confidence in Oracle's Future

Updated Category News Views 5

Unraveling Ellison's Bold Decision There's nothing like a sudden shift from a tech titan to make Wall Street sit up and take notice. Today, we got the word that Larry Ellison, Oracle's big gun as Executive Chair and CTO, has pulled the plug on his plan to sell Oracle stock. No dice, no distance covered under that plan. And he's made it crystal clear—selling isn't on his...

Continue Reading
ARTiSTORY's Strategic Advance in Cultural IP Licensing

Updated Category News Views 6

Call it a seismic shift or call it common sense, but ARTiSTORY's recent haul of accolades makes it clear: they're onto something big in the cultural IP game. Receiving four honors at the 26th International Advertising Institute Awards (IAI Awards), including a Gold for their British Library × CHAGEE collaboration, and jumping into License Global's Top 60, they're staking...

Continue Reading
Protecting Teeth: Insights from Endodontist Dr. Joubert

Updated Category News Views 4

Preserving Our Natural Chompers Digging into the details of endodontic care, you realize how it's the unsung hero in the dental world. And let's face it, teeth don't get happier on their own when there's a problem on the inside. Dr. Christopher Joubert, a wiz on the endodontic front, spills the beans over at HelloNation about how essential these practices are in keeping...

Continue Reading
Delhi Pushes Innovation Against Dryland Challenges

Updated Category News Views 5

Evolution of South-South Agricultural Cooperation Let's just say if there's a time to shine a spotlight on the arid lands of our world, it's now. The Global Drylands Congress 2026 in New Delhi put a sharp focus on scaling agricultural innovation across these thirsty regions. With climate change breathing down our necks, talking shop about food security isn't just for show...

Continue Reading
Silk Road Maritime Extends Its Global Reach in 2026

Updated Category News Views 5

China-Europe Trade Ties Continue to Tighten You ever watch a cargo ship glide into port and think, "There's a piece of the future right there”? Well, that's the scene at Poland’s Gdansk Port, now officially etched into the Silk Road Maritime route. This ain't just a couple of extra boats cutting through choppy waters—it's a great leap forward for a strained global...

Continue Reading
Pizza: The Unlikely Symbol of Universal Togetherness

Updated Category News Views 2

Why Pizza Is More Than Just Food They say a slice of pizza can tell a story. Whether it's a late-night snack amongst college buddies or the centerpiece of a family's Friday tradition, pizza unites like few others can. It morphs from a study aid into a tool for togetherness without skipping a beat, much like a chameleon of the food world. And no one understands this better...

Continue Reading

Top 5 Most Recently Viewed Articles

Exciting MEXC and Aptos Partnership Unveils Major Prize Events

Updated Category News Views 69

MEXC and Aptos Collaboration Recently, MEXC has announced an exciting collaboration with Aptos, creating a series of events centered around Aptos' native token, APT. This partnership offers a total prize pool of an astounding 1.5 million USDT, which is sure to catch the attention of many crypto enthusiasts and traders. Overview of the Events The events are designed to...

Continue Reading
Jim Cramer's Insights on Shopify and CoreWeave's AI Strategy

Updated Category News Views 177

Jim Cramer's Perspective on Shopify's Growth Potential Recently, renowned financial commentator Jim Cramer expressed optimism regarding Shopify Inc. (NASDAQ: SHOP), suggesting that the company is poised for significant growth. Cramer shared these insights on CNBC's "Mad Money", emphasizing that Shopify's innovative capabilities and expanding market share indicate a...

Continue Reading
Citrin Cooperman Expands with Clearview Group Acquisition

Updated Category News Views 174

Citrin Cooperman Expands Its Reach Citrin Cooperman has made significant strides in enhancing its service offerings with the recent announcement of its agreement to acquire the Clearview Group. This acquisition marks a pivotal moment for Citrin Cooperman as it seeks to strengthen its presence in the Mid-Atlantic region. Clearview Group is a well-respected management...

Continue Reading
Amazon's Key Earnings Report: What Investors Should Know

Updated Category News Views 87

The Importance of Amazon's Upcoming Earnings Report Shares of tech giant Amazon.com (NASDAQ: AMZN) are currently hovering just above $230 as the company prepares for its first earnings report of the year. This report holds substantial weight as it comes after a period where Amazon has struggled to break through its record highs from last November. The stock is showing...

Continue Reading
Aquablation Therapy Triumphs at EAU 2025: A New Era in BPH Treatment

Updated Category News Views 469

Aquablation Therapy Triumphs at EAU 2025: A New Era in BPH Treatment SAN JOSE, Calif. – PROCEPT BioRobotics Corporation (NASDAQ: PRCT) is thrilled to share groundbreaking results from the WATER III trial, an independent study that puts Aquablation therapy at the forefront of treatment for benign prostatic hyperplasia (BPH). At the recent European Association of Urology...

Continue Reading