Wallbridge Announces Appointment of Dr. Attila Pentek as Vice President Exploration

Wallbridge Announces Appointment of Dr. Attila Pentek as Vice President

Exploration

TORONTO, Jan. 4, 2018 /CNW/ - Wallbridge Mining Company Limited (TSX:WM, FWB: WC 7)

("Wallbridge") is pleased to announce the appointment of Dr. Attila Pentek as Vice President,

Exploration effective January 1, 2018, subject to T SX approval. Dr. Pentek is an established geologist

with over 10 years of national and international experience in the mining industry.

Dr. Pentek has been involved with Wallbridge for mo re than 10 years and most recently was Wallbridge's

Senior Geologist, and acted as Project Manager for the Company's Broken Hammer open pit mine.

"Attila has been a key part of Wallbridge's exploration and mining success over the last several years . Not

only is he a proven exploration and resource/reserve geologist but he has also been instrumental in

identifying and reviewing new opportunities for Wallbridge over the last couple of years, including the

acquisition of the Fenelon Gold Property in 2016. T his experience, including his background at Broken

Hammer, will be extremely beneficial as we move for ward with the Fenelon bulk sample, exploration at

Fenelon and in Sudbury, and with new initiatives in 2018," stated Marz Kord, President and CEO.

Dr. Pentek graduated from Eotvos Loránd University in Budapest in 2006 with a Master's degree in

geology and obtained a Doctorate in geology from Eo tvos Lorand University in Budapest in 2010.

Dr. Pentek replaces Mr. Joshua Bailey who has left the Company to pursue other opportunities. Mr.

Bailey contributed greatly to the Company's exploration programs over the last 13 years.

Alar Soever, Executive Chairman of the Board, comme nted: "We thank Joshua for his time at Wallbridge

and his efforts in developing and executing the Com pany's exploration programs. We wish him all the

best in his future endeavors."

About Wallbridge Mining

Wallbridge is establishing a pipeline of projects that will support sustainable production and revenue as

well as organic growth through exploration and scalability.

Wallbridge is currently preparing to develop its 100%-owned high-grade Fenelon Gold Property in

Quebec with ongoing exploration and a bulk sample targeted to start in 2018. Wallbridge is also pursuing

other additional advanced stage projects which would add to the Company's near term project

pipeline. These discussions benefit from the operating capabilities Wallbridge demonstrated by safely

and efficiently mining the Broken Hammer deposit in Sudbury, which was completed in October

2015. Wallbridge is also continuing partner-funded exploration on its large portfolio of nickel, copper, and

PGM projects in Sudbury, Ontario, with a focus on its high-grade Parkin project.

Wallbridge also has exposure to active exploration for copper and gold in Jamaica and British Columbia

through its 12.7% ownership of Carube Copper Corp. (CUC:TSX-V, formerly Miocene Resources

Limited).

This press release may contain forward-looking stat ements (including "forward-looking

information" within the meaning of applicable Canad ian securities legislation and "forward-

looking statements" within the meaning of the US Private Securities Litigation Reform Act of 1995)

relating to, among other things, the operations of Wallbridge and the environment in which it

operates. Generally, forward-looking statements can be identified by the use of words such as

"plans", "expects" or "does not expect", "is expect ed", "budget", "scheduled", "estimates",

"forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such

words and phrases or statements that certain action s, events or results "may", "could", "would",

"might" or "will be taken", "occur" or "be achieved ". Wallbridge has relied on a number of

assumptions and estimates in making such forward-lo oking statements, including, without

limitation, the costs associated with the developme nt and operation of its properties. Such

assumptions and estimates are made in light of the trends and conditions that are considered to

be relevant and reasonable based on information available and the circumstances existing at this

time. A number of risk factors may cause actual res ults, level of activity, performance or

outcomes of such exploration and/or mine developmen t to be materially different from those

expressed or implied by such forward-looking statem ents including, without limitation, whether

such discoveries will result in commercially viable quantities of such mineralized materials, the

possibility of changes to project parameters as pla ns continue to be refined, the ability to execute

planned exploration and future drilling programs, t he need for additional funding to continue

exploration and development efforts, changes in gen eral economic, market and business

conditions, and those other risks set forth in Wallbridge's most recent annual information form

under the heading "Risk Factors" and in its other p ublic filings. Forward-looking statements are

not guarantees of future performance and such infor mation is inherently subject to known and

unknown risks, uncertainties and other factors that are difficult to predict and may be beyond the

control of Wallbridge. Although Wallbridge has attempted to identify important risks and factors

that could cause actual actions, events or results to differ materially from those described in

forward-looking statements, there may be other fact ors and risks that cause actions, events or

results not to be as anticipated, estimated or intended. Consequently, undue reliance should not

be placed on such forward-looking statements. In ad dition, all forward-looking statements in this

press release are given as of the date hereof.

Wallbridge disclaims any intention or obligation to update or revise any forward-looking

statements, whether as a result of new information, future events or otherwise, save and except

as may be required by applicable securities laws. T he forward-looking statements contained

herein are expressly qualified by this disclaimer.

SOURCE Wallbridge Mining Company Limited

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For further information: please visit the Company's website at www.wallbridgemining.com or

contact: Wallbridge Mining Company Limited, Marz Ko rd, P. Eng., M. SC., MBA, President & CEO,

Tel: (705) 682-9297 ext. 251, Email: [email protected]; David Ellis, Investor Relations,

Tel: (416) 704-0937, Email: dellis@wallbridgemining .com

CO: Wallbridge Mining Company Limited

CNW 10:53e 04-JAN-18