Wallbridge Drilling Starting to Outline Open Pit Potential in Area 51

2020-01-21

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Canada NewsWire

TORONTO, Jan. 20, 2020

TORONTO, Jan. 20, 2020/CNW/ -Wallbridge Mining Company Limited (TSX:WM, FWB: WC7) ("Wallbridge" or the "Company")is pleased to announce that in addition to recent high-grade results in the Lower Tabasco Zone (see Wallbridge Press Release dated January 06, 2020), the ongoing exploration drilling has also intersected wide zones of gold mineralization showing bulk mining potential in Area 51 on its 100%-owned Fenelon Gold Property ("Fenelon" or the "Property").

[](https://mma.prnewswire.com/media/1079587/Wallbridge_Mining_Company_Limited_Wallbridge_Drilling_Starting_t.pdf?p=original)

"Our focus on the property over the last few months has been dedicated to achieving several goals. Firstly, we are following up on high-grade, underground bulk-minable resource development particularly in the Lower Tabasco Zone. Secondly, while drilling for the Lower Tabasco Zone, we are testing the Area 51 zones and as such are beginning to determine both the open-pit and underground bulk mining resource potential for Area 51. The wide intersections of near-surface gold mineralization, such as1.21 g/t Au over 70.99 metres in hole FA-19-080, identified in the Andromeda Corridor of Area 51, have the potential to positively impact the overall economics at Fenelon", stated Marz Kord, President & CEO of Wallbridge. "Fenelon is situated along the Sunday Lake Deformation Zone, the same structure which hosts the Detour Lake mine, one of Canada'slargest open pit gold mines; the near-surface drill results to date and the indications of its expansion to the south and to the west are reminiscent of the Detour Gold's early development."

Area 51 Andromeda Corridor Highlights (Exploration Drilling)

| FA-19-080: | 1.21 g/t Au over 70.99 metresin the Enterprise zone, including | | 5.13 g/t Au over 7.29 metres, 38.26 g/t Au over 0.59 metresand 3.56 g/t Au over 3.66 metres | | | 5.72 g/t Au over 3.83 metresin the Milky Way zone and | | | 11.21 g/t Au over 1.87 metresin the MIB zone (see Figs. 1, 2 and 4) | | | | | | 19-0915-011: | 1.01 g/t Au over 132.00 metres,including | | 20.05 g/t Au over 3.88 metres(which includes 101.00 g/t Au over 0.67 metres) in the Interstellar zone, 2.68 g/t Au over 4.11 metres in the Enterprise zone, and 2.35 g/t Au over 7.80 metres (which includes 15.48 g/t Au over 0.91 metres) in the Laika zone (see Figs. 1,2, 8 and 9) | | | | | | 19-0915-016: | 0.88 g/t Au over 167.31 metres, including | | 18.81 g/t Au over 0.67 metresin the Interstellar zone, 2.05 g/t Au over 44.47 metres(which includes 6.81 g/t Au over 6.29 metresand 3.46 g/t Au over 9.63 metres)in the Laika zone and 10.40 g/t Au over 1.73 metres in theTitan zone (see Figs. 1,2 and 9) | | | | | | FA-19-090: | 1.52 g/t Au over 31.10 metres, including | | 10.85 g/t Au over 1.78 metresand 13.56 g/t Au over 1.60 metresin the Laika zone and 3.15 g/t Au over 10.84 metres, including 12.56 g/t Au over 2.47 metresin the Titan zone (see Figs. 1,2and 9) | | | | | | FA-19-092: | 1.53 g/t Au over 19.95 metres, including 13.81 g/t Au over 0.85 metres (see Figs. 1, 2 and 9) | | | | | FA-19-099: | 1.86 g/t Au over 18.92 metres, including 7.73 g/t Au over 3.53 metresin the Titan zone (see Figs. 1 and 9) |

Lower Tabasco Zone Highlights (Exploration Drilling)

| FA-19-099: | Further gold-bearing assay results have been received surrounding the interval of 5.06 g/t Au over 15.15 metresannounced in Wallbridge Press Release dated January 06, 2020. The intersection is now updated as follows (see Figs. 1,3 and 9): | | | | | | | | 4.16 g/t Au over 35.55 metres, including | | | | | | | | | 6.95 g/t Au over 7.50 metresand | | | | | | | | 6.72 g/t Au over 7.50 metres | | | | | | FA-19-075: | 3.03 g/t Au over 18.49 metres, including 6.18 g/t Au over 8.00 metres (see Figs. 1,3 and 6) | |

"The updated interval of 4.16 g/t Au over 35.55 metres in FA-19-099, which is currently our deepest intersection at Fenelon, highlights the continuing strength of the gold system at 850 metres vertical depth and we are looking forward to testing this zone down to 1,500 metres with this year's drill program," stated Attila Péntek, Vice President Exploration of Wallbridge. "In addition to receiving assays over the next several weeks from a number of visually strong intersections in the Lower Tabasco Zone, such as FA-019-096, -098, -103 and -104, we are looking forward to results from several near-surface intersections, such as in holes FA-19-098 and FA-19-106, to continue demonstrating the open pit resource potential in the Andromeda Corridor."

Main Gabbro, Serrano Zone Highlights (Definition Drilling)

| 19-1110-004: | 4.74 g/t Au over 5.88 metres, including 31.90 g/t Au over 0.60 metres | | 19-1110-010: | 19.44 g/t Au over 3.27 metres, including 65.20 g/t Au over 0.80 metres |

2019/2020 Drill Program

Six drill rigs are currently active on the Property: five are focusing on exploration drilling from surface, doing large-spaced step-outs to define the footprint of the Fenelon gold system, and one underground drill rig is doing more closely spaced definition drilling of the Main Gabbro zones near the existing mine workings. A total of 75,000 metres were drilled in 2019 and the program will be continuing in 2020 with the same drilling rate of approximately 9,000 metres per month for a total of 100,000 to 120,000 metres.

Assay results of 8 surface holes and 23 underground holes of the 2019 exploration drill program are reported in Table 1 and the Figures. Assays are pending for 24 surface drill holes and 82 underground holes with the majority of the latter being short (< 50 m) definition drill holes in the Main Gabbro Zone.

All figures and a table with drill hole information of recently completed holes can be found on the Company website.

| Table 1. Wallbridge Fenelon Gold Property 2019 Drill Assay Highlights (1) | | | | | | | | | | | Drill Hole | From | To | From | To | Length | Au | Au Cut(2) | VG(3) | Zone/Corridor | | | (m) | (m) | (m) | (m) | (m) | (g/t) | (g/t) | | | | 19-0915-003 | No assays greater than 1 g/t Au | | | | | | | | | | 19-0915-007 | 4.40 | 5.60 | | | 1.20 | 2.28 | 2.28 | | Guntur | | 19-0915-007 | 64.60 | 65.60 | | | 1.00 | 1.18 | 1.18 | | Area 51, Andromeda | | 19-0915-008 | No assays greater than 1 g/t Au | | | | | | | | | | 19-0915-011 | 7.20 | 9.30 | | | 2.10 | 1.30 | 1.30 | | Guntur | | 19-0915-011 | 21.72 | 23.22 | | | 1.50 | 1.63 | 1.63 | | Area 51, Andromeda | | 19-0915-011 | 277.86 | 279.09 | | | 1.23 | 1.11 | 1.11 | | Area 51, Andromeda | | 19-0915-011 | 283.12 | 283.65 | | | 0.53 | 1.68 | 1.68 | | Area 51, Andromeda | | 19-0915-011 | 292.04 | 293.60 | | | 1.56 | 3.88 | 3.88 | | Area 51, Andromeda | | 19-0915-011 | Including | 292.95 | 293.60 | 0.65 | 8.14 | 8.14 | | Area 51, Andromeda | | | 19-0915-011 | 365.60 | 497.60 | | | 132.00 | 1.01 | 1.01 | | Area 51, Andromeda | | 19-0915-011 | Including | 365.60 | 369.71 | 4.11 | 2.68 | 2.68 | | Area 51, Andromeda | | | 19-0915-011 | And | 406.14 | 410.02 | 3.88 | 20.05 | 20.05 | | Area 51, Andromeda | | | 19-0915-011 | Which Includes | 409.35 | 410.02 | 0.67 | 101.00 | 101.00 | VG | Area 51, Andromeda | | | 19-0915-011 | And | 463.50 | 471.30 | 7.80 | 2.35 | 2.35 | | Area 51, Andromeda | | | 19-0915-011 | Which Includes | 466.09 | 467.00 | 0.91 | 15.48 | 15.48 | | Area 51, Andromeda | | | 19-0915-011 | And | 496.94 | 497.60 | 0.66 | 8.85 | 8.85 | | Area 51, Andromeda | | | 19-0915-011 | 510.98 | 512.43 | | | 1.45 | 1.47 | 1.47 | | Area 51, Andromeda | | 19-0915-011 | 572.96 | 573.65 | | | 0.69 | 6.76 | 6.76 | | Area 51, Andromeda | | 19-0915-016 | 165.00 | 166.24 | | | 1.24 | 1.52 | 1.52 | | Area 51, Andromeda | | 19-0915-016 | 278.42 | 445.73 | | | 167.31 | 0.88 | 0.88 | | | | 19-0915-016 | Including | 278.42 | 279.09 | 0.67 | 18.81 | 18.81 | VG | Area 51, Andromeda | | | 19-0915-016 | And | 308.30 | 313.52 | 5.22 | 1.83 | 1.83 | | Area 51, Andromeda | | | 19-0915-016 | And | 345.53 | 390.00 | 44.47 | 2.05 | 2.05 | | Area 51, Andromeda | | | 19-0915-016 | Which Includes | 345.53 | 351.82 | 6.29 | 6.81 | 6.81 | | Area 51, Andromeda | | | 19-0915-016 | And | 368.07 | 377.70 | 9.63 | 3.46 | 3.46 | VG | Area 51, Andromeda | | | 19-0915-016 | And | 385.63 | 390.00 | 4.37 | 2.11 | 2.11 | VG | Area 51, Andromeda | | | 19-0915-016 | And | 400.40 | 400.92 | 0.52 | 1.09 | 1.09 | | Area 51, Andromeda | | | 19-0915-016 | And | 417.00 | 417.95 | 0.95 | 3.52 | 3.52 | | Area 51, Andromeda | | | 19-0915-016 | And | 427.40 | 428.00 | 0.60 | 3.15 | 3.15 | VG | Area 51, Andromeda | | | 19-0915-016 | And | 444.00 | 445.73 | 1.73 | 10.40 | 10.40 | VG | Area 51, Andromeda | | | 19-0915-016 | 452.45 | 453.40 | | | 0.95 | 1.09 | 1.09 | | Area 51, Andromeda | | 19-0915-016 | 462.85 | 464.08 | | | 1.23 | 1.84 | 1.84 | | Area 51, Andromeda | | 19-0915-016 | 502.15 | 503.15 | | | 1.00 | 3.59 | 3.59 | | Area 51, Andromeda | | 19-0915-016 | 523.18 | 526.10 | | | 2.92 | 1.19 | 1.19 | | Area 51, Andromeda | | 19-1000-010 | 16.58 | 18.00 | | | 1.42 | 1.40 | 1.40 | | | | 19-1000-011 | No assays greater than 1 g/t Au | | | | | | | | | | 19-1000-012 | 128.20 | 129.00 | | | 0.80 | 3.16 | 3.16 | | Main Gabbro, Naga V | | 19-1000-012 | 134.45 | 135.95 | | | 1.50 | 1.00 | 1.00 | | Main Gabbro, Naga V | | 19-1025-002 | 190.55 | 192.00 | | | 1.45 | 1.03 | 1.03 | | Main Gabbro, Naga V | | 19-1035-008 | 156.20 | 156.52 | | | 0.32 | 4.95 | 4.95 | | Main Gabbro, Serrano | | 19-1035-010 | No assays greater than 1 g/t Au | | | | | | | | | | 19-1035-011 | No assays greater than 1 g/t Au | | | | | | | | | | 19-1110-001 | 46.78 | 48.50 | | | 1.72 | 2.96 | 2.96 | | Main Gabbro, Serrano | | 19-1110-002 | 45.00 | 45.92 | | | 0.92 | 1.77 | 1.77 | | Main Gabbro, Serrano | | 19-1110-002 | 48.84 | 49.97 | | | 1.13 | 2.08 | 2.08 | | Main Gabbro, Serrano | | 19-1110-003 | 49.90 | 51.00 | | | 1.10 | 1.52 | 1.52 | | Main Gabbro, Serrano | | 19-1110-003 | 62.26 | 64.05 | | | 1.79 | 6.61 | 6.61 | | Main Gabbro, Serrano | | 19-1110-004 | 47.85 | 53.73 | | | 5.88 | 4.74 | 4.74 | | Main Gabbro, Serrano | | 19-1110-004 | Including | 53.13 | 53.73 | 0.60 | 31.90 | 31.90 | VG | Main Gabbro, Serrano | | | 19-1110-005 | 45.00 | 51.73 | | | 6.73 | 2.95 | 2.95 | | Main Gabbro, Serrano | | 19-1110-006 | 45.00 | 48.00 | | | 3.00 | 3.18 | 3.18 | | Main Gabbro, Serrano | | 19-1110-007 | 48.00 | 49.00 | | | 1.00 | 7.68 | 7.68 | | Main Gabbro, Serrano | | 19-1110-008 | 45.02 | 52.06 | | | 7.04 | 1.75 | 1.75 | | Main Gabbro, Serrano | | 19-1110-009 | No assays greater than 1 g/t Au | | | | | | | | | | 19-1110-010 | 49.48 | 52.75 | | | 3.27 | 19.44 | 19.44 | | Main Gabbro, Serrano | | 19-1110-010 | Including | 51.20 | 52.00 | 0.80 | 65.20 | 65.20 | VG | Main Gabbro, Serrano | | | 19-1110-011 | 45.15 | 61.50 | | | 16.35 | 1.64 | 1.64 | | Main Gabbro, Serrano | | 19-1110-011 | Including | 59.35 | 60.47 | 1.12 | 6.27 | 6.27 | | Main Gabbro, Serrano | | | FA-19-075 | 308.67 | 309.00 | | | 0.33 | 1.04 | 1.04 | VG | Area 51, Andromeda | | FA-19-075 | 418.26 | 428.67 | | | 10.41 | 1.10 | 1.10 | | Area 51, Andromeda | | FA-19-075 | Including | 418.26 | 419.32 | 1.06 | 5.71 | 5.71 | VG | Area 51, Andromeda | | | FA-19-075 | 543.00 | 544.23 | | | 1.23 | 2.96 | 2.96 | | Area 51, Andromeda | | FA-19-075 | 552.00 | 553.25 | | | 1.25 | 1.11 | 1.11 | | Area 51, Andromeda | | FA-19-075 | 554.17 | 555.00 | | | 0.83 | 1.08 | 1.08 | | Area 51, Andromeda | | FA-19-075 | 569.55 | 570.80 | | | 1.25 | 1.07 | 1.07 | | Area 51, Andromeda | | FA-19-075 | 598.01 | 616.50 | | | 18.49 | 3.03 | 3.03 | | Lower Tabasco | | FA-19-075 | Including | 608.50 | 616.50 | 8.00 | 6.18 | 6.18 | | Lower Tabasco | | | FA-19-075 | 652.80 | 654.15 | | | 1.35 | 1.26 | 1.26 | | Cayenne | | FA-19-078 | 668.00 | 669.00 | | | 1.00 | 1.56 | 1.56 | | Area 51, Andromeda | | FA-19-078 | 679.97 | 680.69 | | | 0.72 | 5.56 | 5.56 | | Area 51, Andromeda | | FA-19-078 | 690.47 | 705.59 | | | 15.12 | 1.35 | 1.35 | | Lower Tabasco | | FA-19-078 | Including | 704.51 | 705.59 | 1.08 | 11.03 | 11.03 | | Lower Tabasco | | | FA-19-078 | 725.50 | 726.00 | | | 0.50 | 1.21 | 1.21 | | Cayenne | | FA-19-078 | 790.37 | 790.92 | | | 0.55 | 3.43 | 3.43 | | Cayenne | | FA-19-079 | 144.65 | 145.47 | | | 0.82 | 1.33 | 1.33 | | Area 51, Andromeda | | FA-19-079 | 181.60 | 190.70 | | | 9.10 | 2.01 | 2.01 | | Upper Tabasco | | FA-19-079 | Including | 188.02 | 188.80 | 0.78 | 10.78 | 10.78 | | Upper Tabasco | | | FA-19-079 | 237.20 | 238.00 | | | 0.80 | 1.84 | 1.84 | | Upper Tabasco | | FA-19-080 | 87.91 | 88.87 | | | 0.96 | 1.22 | 1.22 | | Area 51, Andromeda | | FA-19-080 | 112.03 | 112.63 | | | 0.60 | 4.29 | 4.29 | | Area 51, Andromeda | | FA-19-080 | 131.84 | 202.83 | | | 70.99 | 1.21 | 1.21 | | Area 51, Andromeda | | FA-19-080 | Including | 131.84 | 139.13 | 7.29 | 5.13 | 5.13 | | Area 51, Andromeda | | | FA-19-080 | And | 131.84 | 132.44 | 0.60 | 26.54 | 26.54 | VG | Area 51, Andromeda | | | FA-19-080 | And | 138.47 | 139.13 | 0.66 | 31.04 | 31.04 | VG | Area 51, Andromeda | | | FA-19-080 | And | 170.69 | 171.28 | 0.59 | 38.26 | 38.26 | VG | Area 51, Andromeda | | | FA-19-080 | And | 199.17 | 202.83 | 3.66 | 3.56 | 3.56 | VG | Area 51, Andromeda | | | FA-19-080 | 319.05 | 322.88 | | | 3.83 | 5.72 | 5.72 | | Area 51, Andromeda | | FA-19-080 | Including | 319.05 | 320.40 | 1.35 | 9.29 | 9.29 | | Area 51, Andromeda | | | FA-19-080 | 341.70 | 342.28 | | | 0.58 | 1.59 | 1.59 | | Area 51, Andromeda | | FA-19-080 | 358.15 | 360.70 | | | 2.55 | 2.66 | 2.66 | | Area 51, Andromeda | | FA-19-080 | 396.92 | 398.34 | | | 1.42 | 1.59 | 1.59 | | Area 51, Andromeda | | FA-19-080 | 409.91 | 411.78 | | | 1.87 | 11.21 | 11.21 | V G | Area 51, Andromeda | | FA-19-088 | 51.00 | 56.16 | | | 5.16 | 2.40 | 2.40 | | Area 51, Andromeda | | FA-19-088 | Including | 51.00 | 52.50 | 1.50 | 6.65 | 6.65 | | Area 51, Andromeda | | | FA-19-088 | 75.42 | 77.23 | | | 1.81 | 2.69 | 2.69 | | Area 51, Andromeda | | FA-19-088 | 87.00 | 87.95 | | | 0.95 | 1.15 | 1.15 | | Area 51, Andromeda | | FA-19-088 | 89.85 | 90.77 | | | 0.92 | 1.89 | 1.89 | | Area 51, Andromeda | | FA-19-090 | 68.75 | 69.82 | | | 1.07 | 2.85 | 2.85 | | Area 51, Andromeda | | FA-19-090 | 123.49 | 124.25 | | | 0.76 | 1.09 | 1.09 | | Area 51, Andromeda | | FA-19-090 | 225.00 | 235.84 | | | 10.84 | 3.15 | 3.15 | | Area 51, Andromeda | | FA-19-090 | Including | 225.00 | 227.47 | 2.47 | 12.56 | 12.56 | | Area 51, Andromeda | | | FA-19-090 | 325.42 | 326.82 | | | 1.40 | 5.37 | 5.37 | | Area 51, Andromeda | | FA-19-090 | 372.84 | 373.45 | | | 0.61 | 3.41 | 3.41 | | Area 51, Andromeda | | FA-19-090 | 404.73 | 405.25 | | | 0.52 | 1.26 | 1.26 | | Area 51, Andromeda | | FA-19-090 | 408.32 | 409.55 | | | 1.23 | 2.20 | 2.20 | | Area 51, Andromeda | | FA-19-090 | 425.70 | 456.80 | | | 31.10 | 1.52 | 1.52 | | Area 51, Andromeda | | FA-19-090 | Including | 425.70 | 427.48 | 1.78 | 10.85 | 10.85 | | Area 51, Andromeda | | | FA-19-090 | And | 455.20 | 456.80 | 1.60 | 13.56 | 13.56 | | Area 51, Andromeda | | | FA-19-090 | 521.48 | 528.00 | | | 6.52 | 1.39 | 1.39 | | Area 51, Andromeda | | FA-19-090 | 566.60 | 575.32 | | | 8.72 | 1.38 | 1.38 | | Area 51, Andromeda | | FA-19-090 | Including | 574.52 | 575.32 | 0.80 | 8.87 | 8.87 | | Area 51, Andromeda | | | FA-19-090 | 606.96 | 607.50 | | | 0.54 | 1.93 | 1.93 | VG | Area 51, Andromeda | | FA-19-090 | 688.79 | 690.00 | | | 1.21 | 1.11 | 1.11 | | New zone | | FA-19-092 | 433.84 | 435.25 | | | 1.41 | 1.46 | 1.46 | | Area 51, Andromeda | | FA-19-092 | 478.16 | 482.45 | | | 4.29 | 2.70 | 2.70 | | Area 51, Andromeda | | FA-19-092 | 494.64 | 495.50 | | | 0.86 | 1.05 | 1.05 | | Area 51, Andromeda | | FA-19-092 | 499.33 | 499.95 | | | 0.62 | 2.41 | 2.41 | | Area 51, Andromeda | | FA-19-092 | 508.78 | 516.90 | | | 8.12 | 2.31 | 2.31 | | Area 51, Andromeda | | FA-19-092 | Including | 512.01 | 512.63 | 0.62 | 13.63 | 13.63 | | Area 51, Andromeda | | | FA-19-092 | And | 515.74 | 516.25 | 0.51 | 11.68 | 11.68 | VG | Area 51, Andromeda | | | FA-19-092 | 560.11 | 560.90 | | | 0.79 | 1.98 | 1.98 | | Area 51, Andromeda | | FA-19-092 | 564.31 | 565.53 | | | 1.22 | 1.23 | 1.23 | | Area 51, Andromeda | | FA-19-092 | 580.15 | 581.51 | | | 1.36 | 1.00 | 1.00 | | Area 51, Andromeda | | FA-19-092 | 587.05 | 607.00 | | | 19.95 | 1.53 | 1.53 | | Area 51, Andromeda | | FA-19-092 | Including | 606.15 | 607.00 | 0.85 | 13.81 | 13.81 | | Area 51, Andromeda | | | FA-19-092 | 638.65 | 646.78 | | | 8.13 | 2.20 | 2.20 | VG | Area 51, Andromeda | | FA-19-092 | Including | 638.65 | 640.76 | 2.11 | 6.57 | 6.57 | | Area 51, Andromeda | | | FA-19-092 | 659.66 | 661.07 | | | 1.41 | 2.07 | 2.07 | | Area 51, Andromeda | | FA-19-092 | 742.41 | 743.61 | | | 1.20 | 2.88 | 2.88 | | New Zone | | FA-19-092 | 754.00 | 757.19 | | | 3.19 | 2.14 | 2.14 | | New Zone | | FA-19-092 | 852.00 | 853.58 | | | 1.58 | 6.56 | 6.56 | | Cayenne | | FA-19-099 | 69.00 | 69.50 | | | 0.50 | 3.44 | 3.44 | | Area 51, Andromeda | | FA-19-099 | 148.39 | 149.87 | | | 1.48 | 1.16 | 1.16 | | Area 51, Andromeda | | FA-19-099 | 327.21 | 328.44 | | | 1.23 | 2.26 | 2.26 | | Area 51, Andromeda | | FA-19-099 | 389.49 | 390.00 | | | 0.51 | 1.54 | 1.54 | | Area 51, Andromeda | | FA-19-099 | 414.00 | 415.16 | | | 1.16 | 1.70 | 1.70 | | Area 51, Andromeda | | FA-19-099 | 435.00 | 435.78 | | | 0.78 | 2.91 | 2.91 | | Area 51, Andromeda | | FA-19-099 | 446.71 | 447.43 | | | 0.72 | 5.23 | 5.23 | | Area 51, Andromeda | | FA-19-099 | 614.69 | 623.03 | | | 8.34 | 1.29 | 1.29 | | Area 51, Andromeda | | FA-19-099 | Including | 616.92 | 617.56 | 0.64 | 6.67 | 6.67 | | Area 51, Andromeda | | | FA-19-099 | 643.40 | 662.32 | | | 18.92 | 1.86 | 1.86 | | Area 51, Andromeda | | FA-19-099 | Including | 658.79 | 662.32 | 3.53 | 7.73 | 7.73 | | Area 51, Andromeda | | | FA-19-099 | 689.00 | 690.00 | | | 1.00 | 4.44 | 4.44 | | Area 51, Andromeda | | FA-19-099 | 724.00 | 724.57 | | | 0.57 | 2.48 | 2.48 | | Area 51, Andromeda | | FA-19-099 | 732.15 | 736.17 | | | 4.02 | 1.16 | 1.16 | | Area 51, Andromeda | | FA-19-099 | 746.11 | 746.71 | | | 0.60 | 1.28 | 1.28 | | Area 51, Andromeda | | FA-19-099 | 767.18 | 768.00 | | | 0.82 | 3.48 | 3.48 | | Area 51, Andromeda | | FA-19-099 | 781.38 | 782.14 | | | 0.76 | 1.03 | 1.03 | | Area 51, Andromeda | | FA-19-099 | 786.00 | 787.20 | | | 1.20 | 1.24 | 1.24 | | Area 51, Andromeda | | FA-19-099 | 818.49 | 819.29 | | | 0.80 | 1.02 | 1.02 | | Area 51, Andromeda | | FA-19-099 | 847.10 | 847.85 | | | 0.75 | 2.18 | 2.18 | | Area 51, Andromeda | | FA-19-099 | 894.51 | 895.15 | | | 0.64 | 4.87 | 4.87 | | Area 51, Andromeda | | FA-19-099 | 901.84 | 903.00 | | | 1.16 | 1.34 | 1.34 | | Area 51, Andromeda | | FA-19-099 | 910.03 | 910.66 | | | 0.63 | 7.39 | 7.39 | | Area 51, Andromeda | | FA-19-099 | 950.90 | 951.55 | | | 0.65 | 4.01 | 4.01 | VG | Area 51, Andromeda | | FA-19-099 | 1008.45 | 1044.00 | | | 35.55 | 4.16 | 4.16 | | Lower Tabasco (4) | | FA-19-099 | Including | 1009.00 | 1016.50 | 7.50 | 6.95 | 6.95 | VG | Lower Tabasco | | | FA-19-099 | And | 1036.50 | 1044.00 | 7.50 | 6.72 | 6.72 | | Lower Tabasco | | | FA-19-099 | 1075.50 | 1076.50 | | | 1.00 | 1.01 | 1.01 | | Cayenne | | FA-19-099 | 1083.25 | 1085.25 | | | 2.00 | 5.31 | 5.31 | | Cayenne |

| (1) | Table includes only highlight assay results received since the latest press release | | (2) | Au cut at 140 g/t following InnovExplo's 2016 Mineral Resource Estimate | | (3) | Intervals containing visible gold ("VG") | | (4) | Interval changed from that previously reported inWallbridge Press Release dated January 06, 2020after receiving further surrounding assay results | | Note: | True widths are estimated to be 50-80% of the reported core length intervals |

About the Fenelon Gold Property

The Fenelon Gold Property is located proximal to the Sunday Lake Deformation Zone, an emerging gold belt in northwestern Quebec. This major east-west structure in the northern Abitibi greenstone belt hosts the Detour Lake mine, and is very similar to other breaks controlling world-class gold camps in the southern Abitibi, yet it remains underexplored due to thick glacial cover.