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Projects Overview
Sudbury Properties
Xstrata Nickel JV
Impala Parkin JV
Lonmin Plc JV
North Range Project
Rogers Creek Property
Duluth Metals
Project Photos   |
The North Range project developed from new and innovative exploration ideas about how the SIC and, in particular, how the footwall of the SIC developed immediately after the crater formed.Wallbridge has been a leader in advancing exploration in the footwall since it began to acquire property in the Sudbury area in 1997.At that time, the focus was on acquiring properties in the near footwall but since then, property acquisition has extended outwards as new ideas about how the SIC developed have evolved. Today,Wallbridge holds more than 66,000 hectares of land in the Sudbury area. In 2009, exploration on North Range Project properties continues to focus on the discovery of nickel, copper and PGE deposits in Offset Dyke and Sudbury Breccia Belt environments. The focus in 2008 was on Wallbridge's 100% owned Cascaden North property and the Pele, Hess, Ermatinger and Crowflight Joint Venture properties. The North Range Project is funded by a private placement made in Wallbridge by Lonmin Plc in 2007 and currently consists of 13 properties covering 35,422 hectares. Historically, the ground was under- xplored but work by Wallbridge discovered wide-spread occurrences of Sudbury Breccia, the principal host to high-grade copper-PGE mineralization in the Levack Trough about 7 km to the south, and two new Offset Dykes, both on the Pele Joint Venture property. Offset Dykes have been prolific producers of nickel, copper and platinum group elements in the Sudbury area for close to 100 years. Pele Mountain Joint Venture The Pele Offset property is held in joint venture with Pele Mountain and was signed on July 10, 2006.The joint venture property consists of 353 claim units (5,648 hectares) located north of the Levack Embayment, a structure that hosts a number of nickelcopper deposits at the contact of the SIC.The Pele Offset property covers the discovery outcrop and approximately four kilometres of the strike extension of the Pele Offset Dyke, which was discovered in 2005.The property has potential to host offset dyke nickel-copper-PGE mineralization as well as footwall copper-PGE mineralization related to major breccia structures, which cross the property. Wallbridge will operate the Project during the option period and can earn a 60-percent interest by issuing 1.05 million of its common shares to Pele Mountain and by making $1.2-million in work expenditures by year-end 2009.Wallbridge can increase its interest to 72.5 percent by completing a bankable feasibility study and arranging financing for the project through to commercial production. On the Pele property, IP anomalies defined by a 110 line-km winter 2008 survey were prospected with high priority targets readied for testing with up to 1000 m of diamond drilling in the early winter of 2009. On the Cascaden North property, 8 km to the southwest of the Pele property, mapping discovered an extensive zone of Sudbury Breccia, which appears to be a continuation of the Pele Breccia Belt plus a possible additional Offset Dyke occurrence. The possible Offset Dyke occurrence will be verified in 2009 and an IP survey and drilling is planned for the breccia belt discovery. On the adjacent Ermatinger Joint Venture property, drilling is planned to test IP anomalies within a newly discovered nickel-bearing pyroxenite intrusion in the vicinity of the historic Bear Tag occurrence. Samples of the pyroxenite returned up to 500 ppm nickel indicating its potential to host nickel mineralization whereas a clast of the pyroxenite, that was found in an occurrence of Sudbury Breccia returned 2.7% Cu, 0.145% Ni, 20.6 ppm Ag and 0.345 ppm Au. This new discovery was made in an area of extensive historical exploration activity indicating that the long history of discoveries in the Sudbury Camp was far from over. Crowflight Joint Venture Crowflight's Peter's Roost property was added to Wallbridge's North Range property portfolio in mid-2006.The property included 39 mining claims covering approximately 70 square kilometres, which were staked by Crowflight following a 2004 airborne MegaTEM geophysical survey.The Crowflight-Wallbridge Joint Venture also included 41 claim units (6.5 square kilometres) staked by Wallbridge in 2006, and covered an additional 12 MegaTEM geophysical conductors. The original proposed terms of the agreement stipulate that Crowflight agrees to grant Wallbridge the right to earn an initial and conditional 50% interest in the Peter's Roost properties in exchange for Wallbridge having expended $700,000 on exploration activities by December 31, 2007. Following this initial expenditure Wallbridge would have the option to increase its ownership to a 70% vested interest in any or all of four separate Project Areas by funding $1.0 million in Subsequent Exploration Activities by December 31, 2010 in each Project Area in which it selects to vest. Failure to vest $1.0 million in a specific Project Area will result in the ownership of such Project Area reverting back to Crowflight. For any new properties Wallbridge acquires within the Joint Venture Area (a 495 square kilometre area within the North Range of the SIC), Crowflight will have the right to acquire a 25% participating interest at such time as an Indicated Resource is proved-up on such ground, by reimbursing Wallbridge 50% of its exploration costs to that point. EXPLORATION The MegaTEM survey in 2004 was successful in identifying 14 high priority EM conductors. Several of these conductive anomalies occur coincident with concentric or radial structures related to the SIC.Work in 2005 included a regional structural analysis utilizing multi-spectral images and modern remote sensing techniques.Work to the end of 2005 was used to formulate a targeted staking program on the most prospective airborne geophysical anomalies. The airborne survey covered a large portion of the North Range Footwall of the SIC, which had not previously been covered by a modern airborne electromagnetic system and this data has been integrated into Wallbridge's geophysical database. Wallbridge's 2006 exploration program consisted of rehabilitating and cutting exploration grids on four clusters of geophysical anomalies,detailed grid mapping and rock sample collection as well as drilling. The Crowflight Joint Venture was advanced significantly in 2008 with the staking of an additional 43 claims (688 ha), the flying of a 161 line-km airborne geophysical survey and the drilling of 337 m of BTW core in 3 holes to follow-up a shallow nickel-copper discovery made on the property in late 2007. The discovery of pyrrhotite-pentlandite-chalcopyrite mineralization in drill hole WCF-015 resulted from drilling one of three MegaTEM airborne electro-magnetic anomalies on Grid F of Area 4 late in 2007. This hole returned: • 5.7 m of 0.12% Ni, 0.16% Cu and 24 ppb platinum+palladium+gold • including 1.5 m of 0.31% Ni, 0.37% Cu and 50 ppb platinum+palladium+gold Drilling in 2008 intersected similar mineralization in two of three holes spaced about 120 m apart with the third hole stopping short of the zone. Borehole geophysical surveys indicated the mineralized zone probably formed a continuous, sheet-like horizon over a strike length of at least 250 m and that the zone was open along strike to the north and east. The sulphide intervals, intersected in 2008 returned: WCF-016 • 9.56 m of 0.11% Ni, 0.20% Cu and 36 ppb platinum+palladium+gold • including 1.0 m of 0.16% Ni, 0.46% Cu and 66 ppb platinum+palladium+gold WCF-017 • 10.32 m of 0.17% Ni, 0.22% Cu and 35 ppb platinum+palladium+gold • including 1.5 m of 0.23% Ni, 0.31% Cu and 43 ppb platinum+palladium+gold While the values intersected to date are not yet of economic tenor, nickel and copper mineralization was unknown in this area until its discovery by Wallbridge late in 2007. The focus of the 2009 drilling program will be to follow the mineralized zone along strike to the north and east and to drill a similar-looking airborne geophysical anomaly approximately 600 m to the east of the 2007 and 2008 drill holes. Champion Bear Hess Joint Venture The Hess property covers 1,864 hectares of land in the North Range of the SIC.The property is held in joint venture with Champion Bear. The property hosts 14.7 km of the total known 23 km strike-length of the Hess Offset Dyke. Previous exploration found minor occurrences of chalcopyrite-pyrrhotite mineralization in surface outcrops and a limited number of diamond drill holes but significant gaps in exploration coverage remained including unexplained geophysical anomalies and regional structures related to the formation of the SIC. Mapping along the Hess Offset by Wallbridge in 2006 located a previously unrecognised 1.5 kilometre segment of inclusion-rich quartz diorite dyke containing disseminated pyrrhotite and chalcopyrite mineralization with up to 0.9 g/t platinum+ palladium+gold mineralization. Work in 2007 consisted of up to 7.2 line kilometres of deep penetrating Titan 24 IP and MT geophysical surveys followed by drilling of prioritised targets, and detailed mapping and prospecting of the portion of the dyke not included in the 2006 exploration program. In 2008, two drill holes were completed but no significant mineralization was intersected. North Range Claim Block The North Range claim block comprises 21 claim units covering 34 square kilometres of SIC Footwall. The southern boundary of the property is located six kilometres north of the SIC contact in prospective Footwall rocks cut by regional structures related to the formation of the SIC.Wallbridge's Pele Mountain Joint Venture property is located one kilometre to the west. The North Range claim block is considered to be highly prospective given the general lack of exploration in this portion of the footwall, the discoveries of two new Offset Dykes on the Pele property, and, historical mineralization on the Foy Offset Dyke located immediately to the west. Exploration in 2007 focused on the discovery of SIC-related rocks and mineralization through detailed mapping, prospecting and structural studies with drilling of prospective targets to follow. |
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