Wallbridge Mining Company (TSX: WM | OTCQX: WLBMF) has announced the successful extension of the mineralized footprint of its 100% owned Martinière gold project in multiple directions thanks to its 2023 drilling programme. The intersections highlighted along with those from June helped expand the Martinière gold system by 250-300m to the southwest and east.
The main objectives of the 2023 exploration programme were to expand the known footprint of the Martiniere gold system through aggressive step-outs on known gold zones, and to test grassroots targets within a few kilometres of the deposit in search of new gold zones.
Highlights from the Martiniere Southwest Extension (Target M4):
- Hole MR-23-052: 10.73g/t Au over 3.00m
- including 26.50g/t Au over 1.10m
- Hole MR-23-049: 9.09g/t Au over 0.50m
Highlights from the Martiniere Dragonfly Zone (formerly Eastern Extension, Target M1):
- Hole MDE-17-289: 3.21g/t Au over 4.20m,
- including 8.23g/t Au over 1.50m
Assay results from exploration drilling confirmed gold mineralization in three grassroots targets; results from four other grassroots targets are still pending.
“The mineralized footprint was expanded to the southwest and to the east of the MRE, while gold mineralization was also identified in a number of grassroots exploration targets within a few kilometres of Martiniere,” commented Attila Péntek, Wallbridge’s VP of Exploration. “These represent attractive future exploration targets for potential resource growth.”
The resource estimate made in January of this year incorporates the Martinière North, Martinière West and Central, Horsefly, and Bug Lake zones. Together they are meant to contain 9.0Mt indicated grading 2.35g/t Au and 6.2Mt inferred at 3.17g/t Au.
Wallbridge owns two gold projects in the Detour-Fenelon gold trend including Martinière. The Martinière property is about 45km east of Agnico Eagle’s Detour Lake gold mine and the flagship Fenelon project is about 30km farther east.
For further information, please visit: www.wallbridgemining.com
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