The RUM project (100% Wallbridge) encompasses six properties totaling 89 km2, approximately 150 kilometres northeast of Matagami, Québec in the Lac Rocher Nickel District.
The properties – RUM North, Northwest, West, South, Southeast and Central – cover a series of untested airborne magnetic and electromagnetic anomalies interpreted to represent mafic to ultramafic intrusive members of the Lac Rocher Intrusive Suite which are prospective for nickel-copper-cobalt-PGE deposits (Lac Rocher nickel deposit owned by Victory Nickel Inc. is located to the west).
In 2019, Balmoral Resources Ltd. announced the discovery of the Bluenose Zone on the RUM North property. The Bluenose Zone is characterized by disseminated nickel-copper-PGM sulphide mineralization an ultramafic host discovered in isolated outcrop.
The Gargoyle, Ghost and Goblin projects encompass 146 km2 within the Lumby Lake greenstone belt, approximately 55 kilometres northeast of Atikokan, Ontario. It covers a series of recent nickel sulphide discoveries over a strike length of 1 kilometre hosted within a poorly exposed ultramafic komatiite sequence traceable through the property for over 10 kilometres. Grab samples collected from this zone have returned grades of 0.25% to 0.71% nickel, with anomalous copper and cobalt values. The presence of numerous airborne EM conductors along the projected strike of the discoveries suggests potential for more massive, high-grade nickel sulphide mineralization on the project. There is no reported historic drill testing on the project.
Ghost and Goblin properties are held 100% by Wallbridge. A portion of the Gargoyle property is held 100% by Wallbridge and another portion is under an option agreement whereby Wallbridge can earn a 100% interest.
Wallbridge Mining Company Limited is an equal opportunity employer.
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