Wallbridge Mining Company Ltd. today announced that it has completed an underground development program that provides direct access to the Area 51 zone of the Fenelon Gold Property for the first time, a significant milestone for Fenelon. Preliminary results of tightly spaced underground drilling, geologic mapping and grade control sampling have confirmed the geological modeling and interpretation derived from surface [...]
Wallbridge Mining Company Ltd. , today announced that further to its press release earlier today, that it has completed its previously-announced non-brokered private placement of 24,611,351 National flow-through common shares and 12,357,000 Quebec flow-through common shares for aggregate gross proceeds of C$14,172,570 . The National FT Shares were issued at a price of C$0.37 and the Quebec FT Shares at a price of C$0.41 [...]
Wallbridge Mining Company Ltd. , today announced that it has completed the previously announced "bought deal" public offering through the issuance of an aggregate of 27,300,000 charity flow-through common shares of the Company at a price of C$0.55 per Charity Flow-Through Share for gross proceeds of C$15,015,000 to the Company . The Charity Flow-Through Shares were issued and sold pursuant to the terms of an underwriting [...]
Wallbridge Mining Company Ltd. , has announced today that it has entered into an agreement with BMO Capital Markets, on behalf of itself and a syndicate of underwriters led by BMO Capital Markets, under which the Underwriters have agreed to buy, on a bought deal basis, 27,300,000 charity flow-through common shares of the Company at a price of C$0.55 per Charity Flow-Through Common Share for aggregate gross proceeds of [...]
Wallbridge Mining Company Ltd. today announced positive assay results that continue to validate the resource growth potential of the Martiniere Gold Property , located within the Company's highly prospective, 910-square-kilometre land package on the Detour-Fenelon Gold Trend in Northern Abitibi, Quebec. The results announced today extend gold mineralization at depth and are starting to establish a connection between the [...]
Wallbridge Mining Company Ltd. today announced further positive assay results from its resource drilling program on the Fenelon Gold Property , located on the highly prospective Detour-Fenelon Gold Trend in Northern Abitibi, Quebec. Ongoing drilling within the 2021 mineral resource estimate open pit shell has intersected new, near-surface mineralization grading 2.59 g/t of gold over 57.65 metres in drill hole FA-21-304 [...]
Wallbridge Mining Company Ltd. today announced that it has approved a $70 million exploration program for 2022 that will focus on growing the gold mineral resources at the Company's flagship Fenelon and Martiniere properties, located on the highly prospective Detour-Fenelon Gold Trend in Northern Abitibi, Quebec. "We see excellent potential to build on our track record of exploration success over the past years to further [...]
Wallbridge Mining Company Ltd. today announced the filing of a National Instrument 43-101 Technical Report for the maiden Mineral Resource Estimate for the Fenelon gold property and updated MREs for the Martiniere gold property and the Grasset property located on the Company's 910 km2 land position on the Detour-Fenelon Gold Trend in Northern Abitibi, Quebec. The Technical Report is available for review on SEDAR and the [...]
Wallbridge Mining Company Ltd. today announced further positive assay results from its resource drill program on the Fenelon Gold Property . The assay results announced today are from drill holes that were part of the Company's drill program in support of the maiden mineral resource estimate on the Fenelon Gold System . The complete results of these drill holes were not received in time for inclusion into the MRE [...]
Total combined Indicated Resource of 2.67 million ounces: 43.56 Mt grading 1.91 g/t Au. Total combined Inferred Resource of 1.72 million ounces: 31.78 Mt grading 1.69 g/t Au. Fenelon has evolved from a small high-grade underground deposit to a multi-million-ounce potential open pit and underground bulk mineable deposit. Significant expansion potential in multiple directions laterally and at depth at both Fenelon and [...]
Wallbridge Mining Company Ltd. is pleased to announce that its common shares will commence trading today on the United States OTCQX? Best Market . The Company's common shares are to be quoted on the OTCQX under the symbol "WLBMF" and will also continue to trade on the Company's principal market, the Toronto Stock Exchange, under the symbol "WM". Marz Kord, CEO of Wallbridge, commented: "trading on the OTCQX will broaden [...]
Wallbridge Mining Company Ltd. will announce the results of the maiden mineral resource estimate for the Detour-Fenelon Gold Trend on Wednesday, November 10th, 2021. Following the announcement the Company will host a webcast on Wednesday, November 10th, 2021, at 10:00 am . Marz Kord, President and Chief Executive Officer, Attila Pentek, Vice-President Exploration, and other members of the leadership team will provide an [...]