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    market news

    Wallbridge Intersects Further High-Grade Ni-Cu-PGMs at Shallow Depths at Parkin

    Melissa Shaw
    Jun. 19, 2017 08:23AM PST
    Base Metals Investing
    TSX:WM

    Wallbridge Mining Company (TSX:WM, FWB: WC7) (“Wallbridge”) is pleased to announce that ongoing partner-funded exploration drilling continues to expand the high-grade polymetallic nickel, copper, and platinum group metal (“Ni-Cu-PGM”) mineralization at shallow depths on the Parkin properties (“Parkin”) in Sudbury, Ontario. Highlights: Drill hole WMP-211 intersected 1.09% nickel, 0.74% copper, 0.68 g/t platinum, 0.71 g/t …

    Wallbridge Mining Company (TSX:WM, FWB: WC7) (“Wallbridge”) is pleased to announce that ongoing partner-funded exploration drilling continues to expand the high-grade polymetallic nickel, copper, and platinum group metal (“Ni-Cu-PGM”) mineralization at shallow depths on the Parkin properties (“Parkin”) in Sudbury, Ontario.
    Highlights:

    • Drill hole WMP-211 intersected 1.09% nickel, 0.74% copper, 0.68 g/t platinum, 0.71 g/t palladium, and 0.13 g/t Au over 6.08 metres from 222.73 metres down-hole;
    • Drill hole WMP-212 intersected 1.09% nickel, 0.85% copper, 1.19 g/t platinum, 2.35 g/t palladium, and 0.29 g/t Au over 6.24 metres from 248.00 metres down-hole;
    • WMP-211 and WMP-212 intersections occur along the same modelled flexure in the Offset dyke with borehole geophysics support for step-out drilling on the zone;
    • WMP-212 which intersected 11.85 g/t Au over 1.09 metres from 171.91 metres down-hole.

    Marz Kord, President and CEO of Wallbridge, commented:

    “Exploration drilling on our Parkin properties in Sudbury, Ontario, is successfully expanding the near surface Ni-Cu-PGM mineralization while also testing for larger targets along the entire Parkin Offset dyke.
    Exploration drilling on our Fenelon Gold property in Quebec is also progressing well and we look forward to releasing an update on that program once initial assay results are available”.

    Click here to read the full text release. 

    market newstsx:wmwallbridge miningwallbridge mining company
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