Wallbridge fixes Broken Hammer

Wallbridge Mining (WM-T) has cut significant gold and platinum-group elements at its Wisner joint venture property, near Sudbury, Ont.

Drilling was highlighted by one hole that cut 23 metres grading 3.98 grams combined platinum, plus palladium, plus gold beginning at 4 metres down hole. This interval assayed 2.14 grams platinum, 1.73 grams palladium, 0.41 gram gold per tonne, 0.36% copper and 0.1% nickel.

Another hole cut multiple zones from 0.4-10.6 metres in width. The widest zone assayed 2.4 grams combined platinum, palladium and gold. Individual assays, over the 10.6 metres, averaged 1.77 grams platinum, 1.18 grams palladium, 0.38 gram gold per tonne, 0.24% copper, and 0.03% nickel. Twenty-eight metres down hole from this, a 1.7-metre intercept graded 7.8 grams combined platinum, plus palladium, plus gold.

One hole cut 7.5 metres grading 1.76 grams combined platinum, plus palladium, plus gold (beginning at 5.5 metres down hole) followed 21 metres further down hole by a 15-metre interval that graded 2.04 grams combined platinum, plus palladium, plus gold, and another 12 metres down hole, cut 17.5 metres grading 1.83 grams combined platinum, plus palladium, plus gold. The aforementioned 15-metre interval graded 1.22 grams platinum, 0.82 gram palladium, 0.24 gram gold per tonne, 0.39% copper and 0.03% nickel.

Assay results have been received for four holes; results are pending for three others.

Mineralization is hosted by an irregular-shaped breccia; true widths of intersections have not been determined. The mineralized zone plunges towards the west, has been intersected over a 200-metre strike-length and averages about 25 metres wide.

Platinum-group-element-enriched chalcopyrite is either disseminated, or in local fracture-filling, or in stockwork veins typically less than 7 cm in width, within recrystallized gneisses. Locally there is also minor millerite.

The property is on the north side of the Sudbury igneous complex (SIG), within footwall rocks of the SIG . The broken hammer zone was discovered in late 2003 and corresponds to a 250-metre long induced polarization chargeability anomaly.

Assays are pending for five holes, which were drilled in December, to test other areas, away from the known zone.

Wallbridge owns 65% of the 5 sq.-km Wisner property, whereas Falconbridge owns 35%.

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