11:34 AM EST, 02/25/2019 (MT Newswires) -- Wallbridge Mining Company Limited (WM.TO),up 3.7% late morning, announced positive results from ongoing development and production as part of the 35,000-tonne bulk sample at its Fenelon Gold Property.

To date approximately 25,000 tonnes of ore with a reconciled average grade of 18.19 g/t gold containing close to 14,700 ounces of gold has been processed at the Camflo Mill in four separate mill runs. Wallbridge said more than 14,000 ounces of gold have been recovered and sold and stope grades are meeting expectations, ranging from 11 to 38 g/t gold.

The 2019 surface exploration drill program will follow known mineralized zones to 300-400 m depth and test targets further away from the mine workings.

The company also reported that it has repaid its debt to Auramet.

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