ONTARIO - WALLBRIDGE MINING of Lively, Ont., has uncovered precious metals grades that could be good enough to make a gold mine on the rim of the Sudbury Basin. Grab samples from its Demorest property northeast of the city have assayed as high as 12.10 g/t Au. That particular sample also returned 48.80 g/t Ag, 0.79% Cu and 0.05% Pb. The best silver assay (1,175 g/t Ag) was from another sample of the same outcrop. Along with high silver, the sample assayed 1.45 g/t Au, 1.37% Cu and 5.68% Pb.
Wallbridge acquired the property from local prospectors in the spring of 2007. This fall, the company completed mechanical stripping, mapping and sampling of four mineralized outcrops. The chalcopyrite-galena mineralization is associated with multiple, multi-stage quartz-carbonate veins exhibiting highly developed crack-seal textures within a broad, northeast-trending shear structure cutting a gabbroic intrusion, believes Wallbridge. Where exposed, the mineralized zones have widths of 5 to 10 metres.
Photos of some of the company's exploration projects are posted at www.WallbridgeMining.com.