Market Movers: Wallbridge Enters Ore Processing Deal With Monarques Gold

Wallbridge Enters Ore Processing Deal

Wallbridge Mining Company Ltd. (TSX-V:$WM) has signed a custom milling contract with Monarques Gold Corp. (TSX-V:$MQR). Under the agreement, Monarques will process a 35,000-tonne bulk sample ore from the Fenelon gold property at its Camflo mill.

Austral Gold Ltd. (TSX-V:$AGLD) has closed its acquisition of the San Guillermo and Reprado gold-silver projects from Revelo Resources Corp. (TSX-V:$RVL) for 10 million common shares.

Rockhaven Resources Ltd. (TSX-V:$RK) has provided assay results for an additional 15 diamond drill holes from its Klaza gold-silver property in Yukon. Highlights of the new results include 8.54 g/t gold and 674 g/t silver over 2.26 m and 21.13 g/t gold and 116 g/t silver over 1.36 m.

Red Eagle Exploration Ltd. (TSX-V:$XR) has made a new high-grade gold discovery at the California gold project in Santander, Colombia. Significant sampling results include 136.11 g/t AuEq over 0.2 m and 16.13 g/t AuEq over 1.3 m.

Mexican Gold Corp. (TSX-V:$MEX) has released assay results from its Las Minas property in Veracruz state, Mexico, including 6.91 g/t AuEq over 54 m.

Benz Mining Corp. (TSX-V:$BZ) has intersected the high-grade zinc and lead mineralization at the Mel project in Yukon. Highlights include intercepts of 16.50% zinc over 1.60 m and 10.34% zinc with 4.33% lead over 2.70 m.

Featured Image: wallbridgemining.com

About the author: In addition to writing financial content and analysis, Jackson has worked as a business journalist at Stockwatch and research analyst at various organizations. He obtained his MA Economics from Concordia University in Montreal and BA Economics from the University of British Columbia, with special emphasis on environmental and industrial economics.