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Wallbridge Mining commences initial drilling program at Beschefer

Mining News - Published on Thu, 29 Nov 2018

Image Source: SteelGuru
Wallbridge Mining Company Limited announced that it has commenced drilling at its recently-optioned Beschefer property. Since entering into the option agreement to acquire 100 % of Beschefer, Wallbridge's exploration team has carried out a systematic review of historic drill core and project data to better understand the controls on gold deposition and, most importantly, the formation of high grade domains within the B-14 shear zone. This work was in preparation for resource drilling and future maiden resource estimation. Wallbridge's initial drill program, has commenced and will consist of approximately 1,500 metres of surface drilling and is designed to test the continuity of two known high-grade shoots within the B-14 shear.

Mr Marz Kord, President & CEO of Wallbridge, said that "The relatively wide-spaced drilling carried out by previous operators has already defined a mineralized system, the continuous large-scale gold-bearing structure known as the B-14 Zone. Several high-grade domains within this shear zone highlight the excellent grade potential that exists in this system. Following our strategy of building a gold production pipeline in the emerging Sunday Lake-Selbaie Belt, our initial objective is to prove the continuity of discrete high-grade shoots and to continue the same exploration success as at Fenelon. If this initial program is successful, we will be planning for a more aggressive resource expansion program and the completion of a maiden resource estimate."

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Posted By : Nanda Koijam on Thu, 29 Nov 2018
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