Ximen partner hits mineralization at Gold Drop, stock up 11%

Recent drill results include 42 metres of 5.28 g/t gold starting at 80 metres depth.

Shares in the Vancouver-based company start trading today.

Drilling returned 1.53 g/t gold and 21 g/t silver over 120 metres.

Two holes drilled within a previous unexplored area have intersected shallow high-grade mineralization.

The drilling program targeted four areas at Fosterville.

Wallbridge has also closed a C$42.5 million non-brokered private placement.

Multiple, thick, flat lying chalcocite mineralized horizons from surface have been intersected on the property.

The Vancouver-based miner identified more than 50 copper occurrences in outcrop at the British Columbian property.

Harte Gold is currently ramping up its Sugar Zone mine, expected to produce 24,000 oz. to 26,000 oz. this year.