Wallbridge Mining – Company Projects, Recap Of 2021 Maiden Resource Estimate, And The 160,000 Meter Drill Program For 2022
Marz Kord, President and CEO of Wallbridge Mining (TSX: WM – OTC: WLBMF) joins us to overview the key Projects, recap the 2021 Maiden Resource Estimate, and provide details on the large 2022 exploration program. We start off with the Company origins, the drilling success at their flagship Fenelon Project, and the eventual takeover of all the Balmoral assets along the Detour-Fenelon trend, in Québec.
We recapped the metrics around the maiden Mineral Resource Estimate released November 9, 2021 that defined over 4 million ounces of gold in all categories, for the combined Fenelon and Martinière Deposits in Quebec, Canada. We have Marz outline what the company has learned about these 2 primary projects in the course of 3 years of exploration, and where there is opportunity to expand the resources through more drilling, and relogging of old core.
Next we got into the large $70 Million exploration program planned for 2022, consisting of 160,000 meters of drilling at Fenelon, Martinière, Grasset, and other regional targets, in addition to the work that will go on a Casault, optioned from Midland Exploration, and the Joint-Venture with Kirkland Lake Gold at the Detour East Project. The company is also still awaiting drill assays on over 30,000 meters of drilling from 2021 that will be reported as they are returned from the labs. We wrap up with a review of Marz’s experience in the mining industry, the team at Wallbridge, the financials, and share structure.