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The open pit potential of the Fenelon property was tested by bulk sampling in 2001. (Credit: Wallbridge Mining Company)[/caption]
QUEBEC – Sudbury-based
Wallbridge Mining Company has passed one hurdle on the way to taking a bulk sample at its high grade Fenelon gold property 75 km northwest of Matagami. The province has issued a certificate of non-liability for the project allowing the company to dewater the pit and ramp and mine a 35,000-tonne bulk sample.
Wallbridge hopes that Fenelon will be Quebec’s next gold producer. The property was acquired in October 2016, and a positive pre-feasibility study released in February this year. The open pit was bulk sampled in 2001. The existing infrastructure includes a surface shop, 500-metre ramp, and 1,000 metres of underground development, all with good road access. There are several custom mills nearby where the ore could be processed.
The Fenelon deposit has proven and probable reserves of 96,721 tonnes grading 9.30 g/t gold and containing almost 29,000 oz. Exploration drilling from the surface continues on the property. Earlier this year, one hole returned 149.1 g/t gold over 7.1 metres. Eight of the 14 recently completed holes returned visible gold.
Learn more at
www.WallbridgeMining.com.
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