Orion Veins receives High-Grade gold
Wallbridge Extends the Lower Tabasco Zone by 230 Metres Down-Dip and Receives First High-Grade Assays from Orion Veins! Wallbridge Mining Company’s drill program on Fenelon Gold Property has intersected visible gold and abundant sulfide mineralization over a 16-metre core length. This extends the Lower Tabasco Zone a further 230 m down-dip to a vertical depth of 850 metres.
High grade assays were also received from drill holes testing the newly discovered Orion Corridor located over 400 metres to the southeast, further demonstrating the exceptional gold endowment in this gold system over the entire one kilometre strike length explored so far.
"It is quite remarkable that our current initial wide-spaced drilling with holes spaced 75 metres to more than 200 metres apart continues to consistently intersect mineralization, given the typical size of ore shoots in typical Archean gold systems.
The results to date show the exceptional quality of Fenelon and increases our continued understanding of the deposit," stated Marz Kord, President & CEO of Wallbridge. "The recent drilling, particularly our 230-metre undercut in the Lower Tabasco zone, suggests that at depth this zone appears to follow the contact of Jeremie Pluton in a sub-vertical manner, suggesting that further deep drilling in this area is warranted."
"We are very pleased with the visual results of drill hole FA-19-099, our first attempt at testing the Fenelon gold system down to 1,000 metres vertical depth," stated Attila Péntek, Vice President Exploration of Wallbridge. In addition to extending the Lower Tabasco zone by an astounding 230 metres down-dip from the nearest intersection in FA-19-092.
“We also observed strong mineralization in the Orion and Andromeda corridors of Area 51 and in the Cayenne corridor north of the Tabasco zone, demonstrating the excellent potential to keep extending the deposit to greater depth. In addition, the first high-grade intersections from the Orion corridor are encouraging us to continue testing this newly discovered portion of Area 51 in 2020."
