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Wallbridge ramps up drilling at Martiniere as new results demonstrate growth potential

Feb 2, 2022

“With each new set of results, we are increasingly confident in the substantial growth potential of Martiniere, and, combined with our Fenelon project, we see the potential for the emergence of a significant new gold producing district at the heart of our land package in the prolific Abitibi gold belt,” said Marz Kord, President and CEO of Wallbridge. “Our first drill program at Martiniere, completed in November 2021, has demonstrated the growth potential of this deposit and based on this success, our 2022 program at Martiniere is much larger than last year’s. We are optimistic that further drilling will continue to prove up the connectivity of these zones, resulting in a more continuous deposit that will allow us to optimize the Martiniere open pit design, strengthen the project’s overall economics and deliver the updated mineral resource in 2023.”

Wallbridge Mining Company Limited has announced positive assay results that continue to validate the resource growth potential of the Martiniere Gold Property within the company’s highly prospective, 910-square-kilometre land package on the Detour-Fenelon Gold Trend in Northern Abitibi, Quebec.

The results announced today extend gold mineralization at depth and are starting to establish a connection between the Martiniere West and Bug Lake Trends, demonstrating that they are part of a continuous deposit. After completing approximately 9,380 metres in its initial, 2021 drill program at Martiniere, the Company plans to drill approximately 40,000 metres at the Property in 2022 with two drill rigs now mobilized at the site.

Martiniere and Fenelon are located close to existing infrastructure, with electricity transmission lines less than 20 kilometers away, and year-round road access on a maintained highway approximately 120 kilometres from air and rail connections in Matagami, Quebec.

Resource Expansion Drill Results 

Highlight expansion intersections since the last news release from this program include:

 MDE-21-33846.76 g/t Au over 2.40 metres, including

  129.90 g/t Au over 0.85 metre, extending the Martiniere Central
Zone to a vertical depth of 300 metres, 210 metres below the 2021 
MRE. Further assays around this interval are pending.


 MDE-21-33177.89 g/t Au over 1.00 metres in the interpreted southeast extension of the

  Bug Lake North trend and outside of the 2021 MRE.

 MDE-21-3323.18 g/t Au over 9.40 metres, including

  7.83 g/t Au over 2.70 metres, extending the Bug Lake North
high-grade shoot by 130 metres along strike to the southeast, outside of
the 2021 MRE.

 MDE-21-3336.99 g/t Au over 4.80 metres, located between the Martiniere Central and

  the Bug Lake North zones;

 MDE-21-3367.26 g/t Au over 3.60 metres, located between the Martiniere West and

  the Martiniere Central zones;

Resource In-fill Drill Results

Highlight expansion intersections since the last news release from this program include:

 MDE-21-3292.37 g/t Au over 19.00 metres, including

  4.94 g/t Au over 8.10 metres, in the Bug Lake North trend at a 
vertical depth of 215 metres.

Assay results from nine drill holes of the 2021 Martiniere drill program are reported in the Table and Figures below. Further assays results are pending for four drill holes of the 2021 program. All figures and a table with drill hole information of recently completed holes are posted on the Company’s website under “Current Program” at https://www.wallbridgemining.com/s/fenelon.asp.

Figures accompanying this announcement are available at:


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