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Wallbridge Mining suspends at Fenelon due to forest fire risk

Kitco Media
By Jim Wyckoff
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Wallbridge Mining (TSX:WM) said today it temporarily evacuated the camp at its 100%-owned Fenelon Gold project and suspended all exploration activities on its Detour-Fenelon Gold Trend Property due to an emergency order from the Quebec Ministère des Ressources naturelles et des Forêts (Ministry of Natural Resources and Forests) prohibiting access to lands in the province impacted by forest fires.

Wallbridge’s flagship project, Fenelon Gold, is located on the Detour-Fenelon Gold Trend Property in Québec’s Northern Abitibi region.

“Safety is of paramount importance at Wallbridge,” said Marz Kord, President and CEO. “All of our employees and contractors’ staff have been safely evacuated and we have taken appropriate measures to secure and mitigate risk to the Fenelon camp site. Exploration activities at Fenelon and our other projects will resume as soon as practicable.”

Kitco Media

Jim Wyckoff

Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York. As a journalist, he has covered every futures market traded in the U.S., at one time or another.

Jim is the proprietor of the "Jim Wyckoff on the Markets" analytical, educational and trading advisory service. Jim also worked as a technical analyst for Dow Jones Newswires and as the senior market analyst with TraderPlanet.com. Jim is also a consultant with the highly respected "Pro Farmer" agricultural advisory service. Jim was also the head equities analyst at CapitalistEdge.com. He received his degree from Iowa State University in Ames, Iowa, where he studied journalism and economics.

Follow Jim daily on Kitco.com as he provides both AM and PM roundups and a daily Technical Special. 1 877 963-NEWS jwyckoff at kitco.com

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