Brian Penny, CEO of Wallbridge Mining (TSX: WM – OTCQX: WLBMF), joins me for a comprehensive exploration and development update at their flagship Fenelon Project, and the Martinière Project, with additional updates on regional exploration targets along the Detour-Fenelon trend, in Québec.
We start off having Brian recap the key milestones and work programs from 2023, and then dive right into the work already completed or still ongoing in 2024, and the balance of the work and key news looking ahead. The overall drill program of 23,000 meters will be done in a few phases at various projects. At Fenelon, the Company has already completed 2,500 meters of drilling for both definition drilling and testing a few new areas, and those results should be coming out to the market in the near future.
The 2024 drill program at Martinière, 30 kilometres west of the Company’s Fenelon gold project and 45 kilometres east of Agnico Eagle’s Detour Lake gold mine, will be conducted in two phases. In March, a diamond drill program with 7,500 meters kicked off using two rigs at its Martiniere gold project located in Northern Abitibi, Quebec. The goals of this first phase of drilling are to expand and upgrade the current gold resource; to collect a representative sample of mineralized material for metallurgical characterization studies; and to collect oriented drill core data to support geotechnical rock mass characterization studies.
This first phase of drilling has been mostly completed, and the Phase 2 drilling will be based on the results returned from Phase 1 and is scheduled to commence in early Q3. The results from the Martiniere drilling program will be incorporated into a combined Fenelon/Martiniere Preliminary Economic Assessment (“PEA”) scheduled for completion in early 2026.
We also touch upon additional regional drill targets at Fenelon and Martinière that may see some drilling this year, as well as the outlook at Detour East with their JV partner Agnico Eagle, and some additional drilling planned at the Casault Project, that they are optioning into with Midland Exploration. We wrap up discussing the recent participation in the private placement to raise capital for NorthX Nickel Corp. (formerly Archer Exploration Corp.) (CSE:NIX).
If you have any questions for Brian regarding Wallbridge Mining, then please email me at Shad@kereport.com.
Click here to follow the latest news from Wallbridge Mining
Elemental Altus – Q1 2024 Financials, A Royalty Acquisition, And Royalty Partner Updates
Faraday Copper - Corporate Overview: Copper Creek Project, 4.2 Billion Lbs Copper Resource, Expansion Drilling This Year
Nick Hodge – Still Constructive On Copper, Gold, Silver, And Uranium Stocks, As The Recent Breakouts Are Consolidated
Jordan Roy-Byrne - Gold Vs Other Commodities Vs S&P, Which Stocks To Invest In
Fury Gold Mines - Éléonore South Drill Results, Future Exploration Plans For 2024
Lawrence Roulston - Mining Market Cycles, Copper Market Overview, Golden Triangle, MTB Metals Exploration Plans
Graphene Manufacturing Group - Answering Your Questions On Battery Development, THERMAL-XR, Graphene Production, Other Growth Avenues
Sean Brodrick – Despite Pullbacks In Oil, Uranium, Copper, Silver, and Gold – The Megatrends Are Still In Place
Matt Badiali - Uranium: Why Matt Is Back In The Bullish Camp
Targa Exploration - 2024 Exploration Program To Focus On The Opinaca Project
Midnight Sun Mining - $10Million Raised, New Cooperative Exploration Plan With First Quantum Mining Targeting Possible Near Term Production
Craig Hemke - Economic Data Recap, Stagflation, Gold & Silver Market Trends
Abitibi Metals - Recent Drill Results from B26 Deposit Intersects High Grade Copper
Weekend Show - Matt Geiger & Axel Merk - Gold, Silver, Copper, and Equity Trends
Dana Lyons – Trading The Recent Volatility In US Equities, Copper, Gold, And Silver
Marc Chandler - Rate Cuts to Election Results: Market Predictions
Thor Explorations – Update On Q1 Financials With An Exploration Update At Segilola and Douta
Peter Krauth – Pro Tips On Stacking Silver And Investing In Silver Stocks As They Break Out
Jeff Christian - Silver Volatility, Short Squeeze, And Price Forecasts
Surge Copper – Exploration And Development Update At The Copper-Moly-Silver-Gold Berg Project
Create your
podcast in
minutes
It is Free
The emPOWERed Half Hour
U.S Property Podcast
Aligned Money Show
Dubai Property Podcast
The Ramsey Show
The Clark Howard Podcast