ONTARIO - Toronto-based Wallbridge Mining has signed a bulk sampling contract with Technica Group of Lively, ON, to extract material from the Broken Hammer property on the North Range of the Sudbury Basin. Testing will confirm minability, grades and recoveries of platinum, palladium, gold and copper.
Under the agreement, Technica will advance the financing required for extraction of the bulk sample, and will be responsible for its extraction and delivery to a milling facility. The agreement also provides Technica with a right of first refusal on the mining contract for the eventual mining of the Broken Hammer resource.
The Broken Hammer deposit is a shallow zone of vein and vein stockwork-hosted copper-PGM mineralization. The initial inferred mineral resource calculated in 2005 included 251,000 tonnes averaging 1.56 g/t Pd, 1.62 g/t Pt, 0.61 g/t Au, 1.00% Cu, and 0.10% Ni.
Learn more about Broken Hammer and Wallbridge's many other properties near Sudbury at www.WallbridgeMining.com.
Comments