The Fenelon gold property lies along the Detour Gold Trend of northwestern Quebec, proximal to the Sunday Lake Deformation Zone which hosts the Detour Gold Mine and Balmoral Resources' gold deposits at Martiniere. Bulk sampling at Fenelon in 2019 produced an average grade of 18.49 g/t gold.
Overview

Ely Gold Royalties acquired the Fenelon royalty in April 2019. Wallbridge is exploring and developing Fenelon aggressively, completing a third bulk sample (see Wallbridge report here) and 75,000 meters of drilling in 2019.Following its 2019 bulk sample, Wallbridge began pursuing production permitting activities, launching its Environment and Social Impact Study along with beginning consultations with First Nations and surrounding communities.

See Global Resource Statement page for assumptions and notes for each respective resource estimate.