Wallbridge Mining announced that it intersected 4.11% nickel in hole WMM-015-W2 on the 1500 Zone as part of its JV with Impala Platinum Holdings, expanding the target.

The JV includes Wallbridge's Milnet property, on which the WMM-015-W2 hole was drilled, as well as its Parkin property, and its Champion Bear JV property, each located in Sudbury, Ontario. Together, the properties cover 2,150 hectares, including 9.4 kilometers of strike length.

On the 1500 Zone, hole WMM-015-W2, which is a 50 meter step out to the south from the zone's discovery hole WMM-014, intersected eight meters grading 4.11% nickel, 0.6% copper, and 4.32 grams per tonne total precious metals, which is comprised of 1.40 grams per tonne platinum, 2.68 grams per tonne palladium, 0.23 grams per tonne gold and 2.75 grams per tonne silver.

This intersection was returned within a wider interval, measuring 13.0 meters grading 2.65% nickel, 0.7% copper, 3.22 grams per tonne TPM, consisting of 1.06 grams per tonne platinum, 1.95 grams per tonne palladium, 0.21 grams per tonne gold and 3.19 grams per tonne silver.

Wallbridge said these results confirm a minimum of 140 meters of strike length for the 1500 Zone on the Milnet property. WMM-015-W2 also intersected mineralization between 1319.5 and 1333.0 meters down hole, about 150 meters up dip of the intersection reported above. This Upper Zone intersected 13.5 meters grading 0.43% nickel, 0.43% copper, and 0.64 grams per tonne TPM, including 4.8 meters grading 0.51% nickel, 0.58% copper and 0.82 grams per tonne TPM.

Mr Alar Soever CEO of Wallbridge said that "These new results are very encouraging. As well as intersecting very high grade mineralization within the Milnet 1500 Zone target, we also intersected mineralization 150 meters above the target, greatly expanding the footprint of the zone."