Wallbridge Mining Reports Massive Sulfide Nickel-Copper-PGM Mineralization at Parkin in Sudbury, Ontario

Wallbridge Mining Company (TSX:WM) reported preliminary results from fieldwork at its Parkin properties in Sudbury, Ontario. The company reported uncovering massive sulfide nickel-copper PGM mineralization at the properties.

As quoted in the press release:

Mechanical stripping has exposed six areas with massive, semi-massive, and net textured sulfide mineralization at the surface expression of the Parkin Resource. The individual mineralized lenses range from 2 to 10 metres in width and up to 25 metres strike length and occur along a 700 metre strike length of the Parkin Offset dyke.

Wallbridge initiated the mechanical stripping to determine the continuity of the mineralization and to better understand the geological controls on mineralization to help target further exploration. This work follows a successful drilling program this spring which demonstrated significant near-surface resource expansion potential at Parkin (see Wallbridge press release dated April 9, 2015). Pressure washing and detailed mapping of the exposed areas is currently underway and will be followed by systematic channel sampling this summer.

Wallbridge president and CEO, Marz Kord, said:

The Parkin Properties have high quality near-surface exploration targets and also have significant potential at depth evident from the presence of a surface resource and a past producing mine as well as significant mineralization intersections at depth in the Milnet 1500 Zone. We are working to attract new partner financing to advance the Parkin properties and in the meantime we add value by further exploration on the properties.

Click here to read the Wallbridge Mining Company (TSX:WM) press release