Wallbridge Mining Company Ltd. today announced an agreement to engage the services of ICP Securities Inc. to provide automated market making services, including the use of its proprietary algorithm, ICP Premium™, in compliance with the policies and guidelines of the TSX Exchange and other applicable legislation. Under terms of the Agreement, ICP will receive a monthly fee, with there being no performance-based [...]
Wallbridge Mining Company Ltd. is pleased to announce that it has received final assay results from its 2,396 metre drilling program completed in March 2024 at its 100% owned Fenelon Gold Project . Highlights Intersected multiple high-grade gold-bearing structures in the Enterprise and Andromeda vein swarms of the Area 51 zone at depths ranging between 60 and 150 metres below surface including: 29.48 g/t Au over 1.4 [...]
Wallbridge Mining Company Ltd. is pleased to report that it received $8.1 million of cash refunds with respect to its 2023 Quebec Tax Credit Relating to Resources that were claimed on its 2023 Quebec income tax return. The government of Quebec supports mineral exploration within the province. One incentive that Walllbridge is entitled to receive is a tax credit that refunds a portion of eligible exploration expenses [...]
Wallbridge Mining Company Ltd. announced today that it has acquired 1,487,500 units of NorthX Nickel Corp. at a price of $0.24 per Unit for a total purchase price of $357,000, by way of non-brokered private placement . Each Unit is comprised of one common share and one common share purchase warrant of NorthX . Each Warrant entitles the holder thereof to acquire one Common Share at a price of $0.36 at any time during the [...]
Wallbridge Mining Company Ltd. today announced the start of approximately 7,500 meters of diamond drilling with two rigs at its Martiniere gold project located in Northern Abitibi, Quebec, 30 kilometres west of the Company's Fenelon gold project and 45 kilometres east of Agnico Eagle's Detour Lake gold mine. The 2024 drill campaign at Martiniere has been designed to meet three principal objectives: to expand and upgrade [...]
Wallbridge Mining Company Ltd. today announced final results from the 2023 drill program that add near-surface mineralization adjacent to the Fenelon mineral resource and expand the mineralized area to the north and east at its 100%-owned Fenelon Gold project . After a short winter break, one drill rig has been mobilized and drilling has commenced. Highlights Exploration drilling completed in 2023 has intercepted [...]
Wallbridge Mining Company Ltd. today announced that, effective immediately, its Board of Directors has appointed Brian Penny and Mary Montgomery, who have been serving as Interim Chief Executive Officer and Interim Chief Financial Officer, respectively, since October 10, 2023, to permanent positions as Wallbridge's CEO and CFO. In addition, the Company announced the resignation of Vice-President, Exploration Attila [...]
Wallbridge Mining Company Ltd. is pleased to report final assay results of the inaugural 2023 drill program at its 100%-owned Grasset Gold property , which expanded the known gold mineralization discovered in the first holes reported on November 13, 2023. Highlights First drill program by Wallbridge on a prospective 20-kilometre strike length of the Sunday Lake Deformation Zone at Grasset Gold, identified multiple [...]
Wallbridge Mining Company Ltd. today announced a fully-funded 2024 exploration program that prioritizes upgrading gold resources at Martiniere Gold and Fenelon Gold , as well as the testing of priority grassroots exploration targets on the Company's extensive and highly-prospective Detour-Fenelon Gold Trend Property in Northern Abitibi, Quebec. Highlights of 2024 Program Drilling program of 23,000 metres, including [...]
Wallbridge Mining Company Ltd. has filed a final short form base shelf prospectus with the securities regulatory authorities in each of the provinces and territories of Canada. As previously announced, the Shelf Prospectus will allow Wallbridge to offer from time to time over a 25-month period up to $50 million of equity, debt or certain other securities . The Company currently has no plans to undertake a financing in [...]
Wallbridge Mining Company Ltd. today announced the discovery of a new area of gold mineralization at the Grasset East Flexure target area on its 100%-owned Grasset Gold property , located 15 kilometres east of the Company's flagship Fenelon Gold Project . Scattered, gold-bearing quartz veins were intersected in nine of the 19 drill holes completed. Highlights Widespread gold-bearing quartz veining intersected in nine [...]
Wallbridge Mining Company Ltd. is pleased to announce that it has completed the previously announced non-brokered private placement with Agnico Eagle Mines Limited of 7,926,277 common shares in the capital of the Company at a price of $0.11 per common share . The Private Placement was undertaken pursuant to certain participation rights set out in a pre-existing participation agreement between the Company and a predecessor [...]
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