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, 49,000,000 common shares of the Company at a price of C$1.15 per Common Share [...]
Wallbridge Mining Company Ltd. today announced that it has entered into a non-binding term sheet with respect to a joint venture of its Detour East gold property with Kirkland Lake Gold Ltd. . Under terms of this joint venture, Kirkland can earn a 75% interest in Detour East by making expenditures totalling $35 million on the Property, as described [...]
Wallbridge Mining Company Ltd. is pleased to report that initial drilling on the new ground acquired through its recent acquisition of Balmoral Resources Ltd. has greatly expanded the ultimate size potential of the Fenelon Gold System. Recent drilling has extended gold mineralization 500 metres to the west and 850 metres to the south of Area 51 [...]
Wallbridge Mining Company Ltd. today reports that it has completed the first phase of metallurgical testing of the Tabasco and Area 51 zones from Wallbridge’s Fenelon Gold Project at SGS Laboratories , achieving gold recoveries up to 99.1% using conventional and proven technologies. The goals of this latest round of metallurgical testing by [...]
Wallbridge Mining Company Ltd. is pleased to report strong gold intersections from Area 51 at its 100%-owned Fenelon Gold Property , which further confirm the significant underground, high-grade resource potential of this mineralized environment. Area 51, along with the Main Gabbro, the Tabasco and Cayenne Zones, forms part of a large gold system [...]
Wallbridge Mining Company Ltd. is pleased to announce an intersection of 24.61 g/t Au over 15.00 metres from the Lower Cayenne Zone, expanding the high-grade domain of this zone by 260 metres down-dip to a vertical depth of 825 metres. The Company today reports partial assay results of two surface drill holes , which are part of the Company’s [...]
Wallbridge Mining Company Ltd. is pleased to report today the first assay results received since the resumption of activities after the suspension of work due to COVID-19, and provide an update of the ongoing, fully-funded 80,000-100,000 metre 2020 drill program at its 100%-owned Fenelon Gold Property. Highlights Main Gabbro in-fill drilling [...]
Wallbridge Mining Company Ltd. is pleased to announce that it has entered into an option agreement to acquire up to a 65% interest in the Casault gold property , which is contiguous to both its Martiniere and Detour East gold properties, from Midland Exploration Inc. . “Optioning the Casault Gold Property consolidates Wallbridge’s [...]
Wallbridge Mining Company Ltd. held its Annual and Special Meeting of Shareholders on June 5, 2020. A total of 395,764,439 shares or 66.89% of the outstanding shares of the Company were represented at the Meeting by proxy or in person. All of the matters submitted to the shareholders for approval as set out in the Company's notice of meeting and [...]
Wallbridge Mining Company and Balmoral Resources are pleased to announce the completion of the previously-announced Plan of Arrangement between the Parties. With completion of the Arrangement Wallbridge has now acquired 100% of the issued and outstanding common shares of Balmoral in exchange for consideration of 0.71 of a common share of Wallbridge [...]
Wallbridge Mining Company Ltd. is pleased to announce that the wide-spaced step out drilling at its 100%-owned Fenelon Gold Property has continued to expand the mineralization in the Tabasco-Cayenne shear system along strike and down dip. These new intersections continue to demonstrate the excellent widths and grade of this zone, and include: 56.00 [...]
Wallbridge Mining Company Ltd. is pleased to announce that it continues to outline strong gold mineralization over a 600 by 500 metre area within the Area 51 vein network, which occurs in the hangingwall to the Tabasco-Cayenne shear system on its 100%-owned Fenelon Gold Property . The results announced today continue to show the grade [...]
