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Wallbridge Drilling Starts to Show Open Pit Potential in Area 51
09:22 AM EST, 01/21/2020 (MT Newswires) -- Wallbridge Mining Company (WM.TO) said Tuesday that it exploration drilling has intersected "wide zones of gold mineralization showing bulk mining potential" in Fenelon Gold Property's Area 51.
CEO Marz Kord in a statement said: "The wide intersections of near-surface gold mineralization, such as 1.21 g/t Au over 70.99 metres in hole FA-19-080, identified in the Andromeda Corridor of Area 51, have the potential to positively impact the overall economics at Fenelon."
Shares on Monday were unchanged at $0.81 apiece in a 52-week range of $0.16 - 0.98.