Home > News > Wallbridge Commences...

Wallbridge Commences 20,000-metre Regional Drill Program on Detour-Fenelon Land Package starting at Martinière

Jul 22, 2021

Wallbridge Mining Company Limited is initiating a 20,000-metre regional drill program, part of the company’s planned 170,000-metre 2021 drill program, starting at the Martinière Gold Project, located 30 kilometres west of its flagship Fenelon Gold Property and 45 kilometres east of Kirkland Lake Gold’s Detour Lake Gold mine.

Located in Québec’s northern Abitibi Greenstone Belt, the Detour-Fenelon Gold Trend has demonstrated potential for world-class gold deposits, yet it remains highly underexplored in comparison to the other prolific gold belts in the southern portion of the Abitibi, like the Timmins-Porcupine, Kirkland Lake and Val d’Or camps. Spanning 97 kilometres in east-west direction within this belt (roughly equivalent to the distance between Rouyn-Noranda and Val d’Or), Wallbridge’s extensive, 910 km2 regional Detour-Fenelon land package offers excellent potential for new gold discoveries and the Company has selected Martinière as its second priority area after Fenelon.

Martinière has a historic indicated resource of approximately 591,000 gold ounces, reported by the previous owner, Balmoral Resources (“Balmoral”) in March 2018 (see details in Table 2). The mineralization extends over a known area of approximately 2 by 1.8 kilometres and has been traced down to 700 metres vertical depth by sporadic drill holes (see Figs. 23 and 4). Most of the drilling, however, is restricted to the top 300 metres from surface and the Company believes there is excellent potential to expand the known zones both along strike and down-plunge.

A review of the geology and the controls on gold deposition at Martinière, has identified a number of attractive exploration targets and opportunities for expansion of the historic resource.

“We are very excited to kick-off our regional exploration program on Martinière, our second most advanced gold project after Fenelon,” stated Marz Kord, President & CEO of Wallbridge. “The quality of the gold mineralization at Martinière, as highlighted by the historic intersections reported in Table 1, shows many similarities to our Fenelon gold system and gives us confidence that we can replicate the discovery success we have achieved at Fenelon. All the zones remain open along strike and at depth with very little drill testing below 300 metres vertical depth.” 

“Our team has completed a detailed review of the historic data, as well as re-interpretation and 3D modelling of the geology at Martinière in preparation for this initial drill program and an updated Martinière mineral resource estimate that is to be reported along with the Fenelon maiden mineral resource estimate,” explained Attila Péntek, Vice President Exploration of Wallbridge. “Previous operators, especially Balmoral Resources, have demonstrated that Martinière hosts an extensive gold system over a footprint of several kilometres in diameter and we now have the opportunity to build on this past work to thoroughly evaluate this prospective property.”       

Tags: Quebec / Exploration / Gold / All Articles