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Wallbridge Announces Further Drill Results and Initiates Permitting Process for Potential Bulk Sample on Parkin Properties
Wallbridge Mining Company (TSX:WM,FWB:WC7) announced additional drilling results and the initiation of the permitting process, including an environmental baseline study, for a potential bulk sample on its flagship Parkin Properties exploration project in Sudbury, Ontario.
Wallbridge Mining Company (TSX:WM,FWB:WC7) announced additional drilling results and the initiation of the permitting process, including an environmental baseline study, for a potential bulk sample on its flagship Parkin Properties exploration project in Sudbury, Ontario. The Parkin Properties are being explored for nickel, copper, and platinum group metal mineralization.
As quoted in the press release:
New Drill Result Highlights*:
- Drill hole WMP-199 intersected 23.75 metres of mineralization that included 10.30 metres of 0.85 % nickel, 1.61 % copper, and 1.40 g/t TPM (including 0.61 g/t platinum, 0.64 g/t palladium, and 0.15 g/t gold) from 77.00 to 87.30 metres down hole;
- Drill hole WMP-197 intersected multiple mineralized zones over 36.62 metres including 2.02 metres of 1.56 % nickel, 0.51 % copper, and 1.19 g/t TPM (including 0.54 g/t platinum, 0.55 g/t palladium, and 0.09 g/t gold) from 88.08 to 90.10 metres down hole; and
- Drill hole WMP-200 intersected multiple narrow mineralized zones over 36.85 metres from 73.20 to 110.05 metres down hole.
*Drill core length is reported. Horizontal width perpendicular to the Parkin Offset dyke is approximately 60-75% of the drill core length.
Wallbridge Mining President and CEO, Marz Kord, stated:
We continue to have excellent results from our exploration programs at Parkin as demonstrated by the results reported in the last few months. Attractive copper, nickel, and PGM grades continue to be intersected and the mineralization intersected in the most recent holes is expanding the near-surface mineralization yet further north. With over nine kilometres of strike length with similar under-explored geology, the potential for further discoveries of new zones on the Parkin Offset dyke looks very promising. We will continue to expand the mineralization and evaluate the possibility of a surface bulk sample on the southern portion of Parkin while advancing our other business opportunity, the Fenelon Mine Project purchase and its eventual development.
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