Wallbridge reports results of Broken Hammer drill zone

Results have been announced for the 1,600-metre drill program by Wallbridge Mining Company at its Broken Hammer property in Sudbury.

The results for seven of the 19 holes at the copper-platinum group metals project include 9.09 g/t total precious metals (TPM) (4.31 g/t platinum + 4.33 g/t palladium + 0.45 g/t gold), 0.99 per cent copper, and 0.06 per cent nickel over 4.15 metres in hole WIS-099 and 3.59 g/t TPM (1.22 g/t platinum + 1.83 g/t palladium + 0.54 g/t gold), 0.34% copper, and 0.07 per cent nickel over 11.30 metres in hole WIS-109.

“These results confirm that we definitely have potential to expand the zone to the east, north and south,” said Wallbridge CEO and president Alar Soever in a press release. “The results of the current drilling program will be incorporated into the new resource estimate, which is expected to be initiated this summer, after the results of teh processing of the bulk sample become available.”

Drilling is now underway to expand the resource in the west end of the zone, based on the better understanding of the mineralization gained during the excavation of the bulk sample.

The company announced in March it would drill east from the bulk sample pit of the copper, nickel, and platinum group elements project into an area outside the resource estimate before moving west beyond the sample area.

The drilling program was designed to expand the limits of the existing resource while compiling information for the new resource estimate.

A new resource estimate and feasibility study will be prepared using current medium to long-term metal prices, once results of the current drilling and bulk sampling program are available, according to the release.

Wallbridge holds a 98.5 per cent interest in the Broken Hammer property, while Xtrata retains a 1.5 per cent interest with some buy-back provisisions.