Northwire Canada EditionThursday, August 13, 2026
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CD 0.245 +8.9% DRY 0.310 +1.6% PAAS 73.10 +1.3% S 0.250 −2.0% VOXR 7.22 −0.4% NFG 2.32 +0.0% MFG 3.70 +0.0% ITH 3.90 +1.8% DML 4.59 +0.0% SEVA 0.285 −5.0% CLM 0.055 −8.3% ORE 2.65 −0.4% OOR 0.050 +0.0% MJS 0.095 −5.0% DBG 2.01 −1.0% MOG 0.630 +8.6% CD 0.245 +8.9% DRY 0.310 +1.6% PAAS 73.10 +1.3% S 0.250 −2.0% VOXR 7.22 −0.4% NFG 2.32 +0.0% MFG 3.70 +0.0% ITH 3.90 +1.8% DML 4.59 +0.0% SEVA 0.285 −5.0% CLM 0.055 −8.3% ORE 2.65 −0.4% OOR 0.050 +0.0% MJS 0.095 −5.0% DBG 2.01 −1.0% MOG 0.630 +8.6%
Drill Results

Wallbridge Exploration Drilling Continues to Deliver Significant Gold Grades from Dragonfly Zone Along Bug Lake Deformation Corridor

By The Northwire Desk — AI Analysis Sep 29, 2025 · 18:00 WM · 0.125 Wallbridge Mining Company Limited
WM · Price

Executive Summary

  • Wallbridge released assay results for the first six holes of Phase 2 drilling at its 100% owned Martiniere gold project, highlighting multiple high‑grade intercepts (e.g., 5.99 g/t Au over 4.7 m, 42.70 g/t Au over 0.5 m).
  • The results confirm continuity of the Dragonfly fault system and suggest significant potential to expand the mineralized footprint beyond the current resource estimate.
  • Phase 2 drilling is on track to reach ~18,000 m by October 2025, with additional assay results pending for 10 more holes (4,850 m).

Key Details

  • Hole MR‑25‑128‑W1: 5.99 g/t Au over 4.7 m (incl. 42.70 g/t Au over 0.5 m).
  • Hole MR‑25‑129B: 6.13 g/t Au over 3.4 m; also 13.24 g/t Au over 2.0 m.
  • Hole MR‑25‑130A: 4.30 g/t Au over 3.6 m (incl. 11.30 g/t Au over 0.5 m); 11.12 g/t Au over 2.0 m (incl. 19.70 g/t Au over 1.0 m).
  • Hole MR‑25‑131: 6.79 g/t Au over 1.0 m; 14.58 g/t Au over 3.3 m (incl. 45.40 g/t Au over 0.9 m).

  • True widths estimated at 60‑90 % of reported core lengths.

  • Program Scope: Phase 2 began mid‑July 2025; total to date = 22 holes & 2 extensions, 10,840 m drilled. Planned total for 2025 ≈ 18,000 m.

  • Geological Insight: Drilling targeted a 400‑m westerly strike projection of the Dragonfly zone and three north–south sections spaced 150 m apart, depths 600‑850 m.

  • Non‑significant Hole: MR‑25‑127 (Martiniere North) returned no intervals >1 g/t Au but intersected shear zones with silicification and pyritic sulfide mineralization, considered prospective for future drilling.

  • Pending Results: Assays pending for an additional 10 holes (4,850 m). Expect to drill another 4‑5 holes before program close in mid‑October.

  • Resource Implication: Management states the results “continue to demonstrate the potential for a more extensive mineralized gold system… supporting future resource growth.”

Notable Quotes

“These latest drilling results continue to demonstrate the potential for a more extensive mineralized gold system at Martiniere than is currently outlined in the existing mineral resource estimate,” – Brian W. Penny, CEO

Qualified Person: Mark A. Petersen, M.Sc., P.Geo. (Senior Exploration Consultant, Wallbridge).

Read the original news release →

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