Wallbridge Mining Company Ltd (TSX:WM) News and Share Price

Wallbridge Mining Company Limited is engaged in producing, developing, and discovering gold, nickel, copper, and platinum group metals.

The exploration company owns Fenelon Gold Project in northern Quebec, one of Wallbridge’s primary operations since its acquisition in 2016.

In 2020, the company acquired Balmoral Resources to expand its potential production scale reportedly.

In addition, the mining company completed a drilling program at the Fenelon Gold project, wherein it identified an extensive gold mineralization system of about 102,000 meters and targets such as Tabasco-Cayenne, Gabbro, Area 51, and Ripley-Reaper zones.

In 2021, Wallbridge is focusing on another drilling operating of 170,000 meters over the next two years.

The mining company owns and controls a district land position of more than 900 square kilometers along the Detour-Fenelon Gold Trend, which hosts the Detour Lake gold mine to the west of Ontario.

Wallbridge is also focused on nickel-copper-PGM projects in Ontario and Quebec.

The company’s flagship asset, Fenelon Gold Project, is located 75 kilometers to the west-northwest of the Matagami town in Quebec. In addition, it reportedly expanded its land position from 10.5 square kilometers to 739 square kilometers by acquiring Balmoral and the eastern extension of Sunday Lake Deformation Zone.

Wallbridge discovered Area 51 in 2018 and Lower Tabasco- Cayenne shear zones in 2019 to expand the Fenelon Gold System.

The company controls several projects under the Detour-Fenelon Gold trend land package. The system consists of the following projects:

• Detour East: An early-stage exploration project located 11 kilometers east of Detour Lake gold mine and wholly-owned by Wallbridge Mining.

• Martinière: It is a 100 per cent owned, advanced exploration-stage gold project located in Detour-Fenelon Gold Trend and approximately 30 kilometers to the west of Fenelon Gold.

• Doigt: Located to the northwest of Bug Lake, it is also an early-stage gold exploration project that reportedly has not shown major gold occurrences or base metals mineralization until mid-2021.

In addition to these, the company owns other project and gold assets such as Casault, Grasset, Harri, Jérémie, Beschefer, Hwy 810, N2, Denison, Parkin Properties and other Sudbury assets.

Wallbridge Mining Company claims to follow a sustainable approach in its business and prioritizes the health and safety of its employees and workers.

The company publishes investor-related reports and various mining projects on its official website.