Engineering & Mining Journal

FEB 2019

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REGIONAL NEWS - EXPLORATION ROUNDUP 22 E&MJ • FEBRUARY 2019 www.e-mj.com Wallbridge Initiates Extensive Drill Program at Fenelon in Quebec Wallbridge Mining has initiated the 2019 drill program at its Fenelon gold property in northwest Quebec. Planning calls for drilling of 50,000 meters (m) to 75,000 m both from underground and from sur- face. Underground resource drilling will initially be carried out from the recent- ly established 5130 level (about 125 m depth) and will target the main high-grade shoots down-plunge to 200 m depth. Development of an exploration drift is also planned for the first half of 2019 to facilitate resource drilling to greater depth and along strike. The 2019 surface exploration drill program will follow known mineral- ized zones to 300 m to 400 m depth and will test targets further away from the mine workings. Along with testing other high-priority targets, Wallbridge will follow up on deep, visible-gold- bearing intersections from its 2018 exploration program with more closely spaced drilling. A surface IP survey is also planned to test the 600-m strike length of the gold-hosting mineralized environment northwest of the main deposit. A bulk sample program now in prog- ress is designed to test a few stopes in several zones. Overall grade from these planned stopes is estimated to average 18 grams/metric ton (mt) to 25 g/mt gold for total estimated production of 19,000 ounces (oz) to 26,000 oz of gold. Highlights from Wallbridge's 2018 drilling at Fenelon included intercepts of 9.12 g/mt gold over 6.95 m, includ- ing 24.63 g/mt gold over 2.47 m, in one hole and 39.28 g/mt gold over 1.71 m in another. "We were extremely pleased with the success of the 2018 exploration pro- gram," Wallbridge President and CEO Marz Kord said. "We confirmed the ex- ceptional grades we can expect in the remaining stopes to be taken during the bulk sample campaign and that of addi- tional proximal ore that will be available for future production. "Additionally, the discovery of visi- ble-gold-bearing mineralization in some of the deepest holes ever drilled on the property shows the potential for signifi- cant resource growth at Fenelon." (www.wallbridgemining.com) Exploration Briefs SilverCrest Metals has reported further Phase III in-fill drill results from its Las Chispas gold-silver property in Sonora, Mexico. The Phase III exploration program is ongoing, with nine drills operating on site. Current work is focused on expand- ing mineralization for inclusion in the next updated resource estimate, antici- pated before the end of the first quarter of 2019, and on in-fill drilling to reclassify inferred resources to measured and indi- cated. An additional 5,000 meters (m) to 10,000 m of drilling are planned for in- clusion in the next updated resource. Other ongoing site work includes a preliminary economic assessment, ground breaking for the project's Area 51 decline, an extensive metallurgical test program, drilling of large-diameter wells for site water, and permitting for various additional work. The weighted average assays (true- width, uncut, undiluted) of 28 in-fill holes from Area 51 stand at 3.9 m grad- ing 11.36 grams/metric ton (mt) gold and 1,064.1 g/mt silver. SilverCrest CEO N. Eric Fier comment- ed in early January, "This is a great way to start the New Year as we continue to im- prove our confidence and add ounces in Area 51, hunt for new discoveries on the additional 22 known veins not in our Sep- tember 2018 resource estimate, compile the new drill results for the next updated resource, and advance the Las Chispas preliminary economic assessment." (silvercrestmetals.com) FireFox Gold has reported initial drill re- sults from its 1,094.5-m phase 1 drilling program on its 100% owned Mustajärvi gold exploration project in the Central Lapland Greenstone Belt, Finland. High- lights include hole 18MJ010, which in- tersected a 2-meter-thick, massive pyrite zone from 125.5 m down hole that as- sayed 45.1 g/mt gold, including 0.5 m grading 73.7 g/mt. These first results confirm that gold mineralization at Mustajärvi occurs to a vertical depth of at least 100 m. Histori- cal drill results only went as deep as 40 m vertically. The results indicate that both the grade and apparent width of the gold mineralization is greater at depth. True widths are not yet known but will be con- firmed with additional drilling and geolog- ical modeling following the program. "Intersecting a significant interval of high-grade gold at depth on our very first drill program corroborates our new geolog- ic interpretation at Mustajärvi," FireFox CEO Carl Löfberg said. "We intend to con- tinue directly into a second phase of drill- ing as part of our overall strategy to explore the gold potential of the highly prospective Central Lapland Greenstone Belt." FireFox's current drilling is following up on the company's 2018 field program, which identified high-grade gold along two intersecting mineralized structures, expanding the range of possible drill tar- gets as well as the overall size potential of the gold system. (www.firefoxgold.com) Integra Resources has announced plans more than 20,000 m of exploration drilling during 2019 at its neighboring DeLamar and Florida Mountain properties in south- west Idaho, following up on 23,400 m of drilling in 2018. Additional work this year will include resource estimate updates, metallurgical assessments, geotechnical studies, and other advanced studies that will lead to the completion of a preliminary economic assessment (PEA) in the second half of the year. Work on the PEA is de- signed to study the economics of open-pit mining and milling, in parallel with heap leaching on certain sections of the DeLa- mar and Florida Mountain deposits. "Employing our enhanced understand- ing from our first year of drilling, our first objective during 2019 will be to contin- ue drilling on extension from areas where phenomenal widths of gold-silver mineral- ization, in some cases with high-grades, were encountered in 2018," Integra Pres- ident and CEO George Salamis said. (www.integraresources.com)

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