Wallbridge Commences Drilling at Martiniere
Wallbridge Commences Drilling at Martiniere
Toronto, Ontario – March 14, 2025 – Wallbridge Mining Company Limited ( TSX: WM, OTCQB:
WLBMF) (“Wallbridge” or the “Company”) is pleased to announce that it has commenced drilling at
its Martiniere gold project (“ Martiniere”) located approximately 30 k m west of the Company’s
flagship Fenelon gold project in northwestern Quebec.
The Company is continuing to explore the broader mineralized gold system at Martiniere .
Exploration is focused along the Bug Lake deformation corridor where drilling in 2024 returned
multiple high grade intercepts from three satellite targets located within 100 to 500 metres of the
currently defined mineral resource (see Wallbridge news releases dated July 31, 2024 and
November 6, 2024). The first hole of the 2025 program is targeting the down-plunge extension of
the newly identified Dragonfly zone which has so far been delineated approximately 500 metres
along strike and to a vertical depth ranging from 75 to 200 metres below surface. Drilling is also
planned to follow up on positive results returned from the Horsefly and Martiniere North target
areas.
During 2025 the Company plans to complete a total of 10,000 to 15,000 m etres of drilling at
Martiniere. The first phase of drilling is planned to be completed in May 2025. Based on the results
of the first drilling phase, which are expected to be reported by the end of the second quarter, a
second phase is planned to commence during the latter half of July.
Additionally, generative exploration to identify earlier stage greenfields targets with in the
Company’s 830 km2 regional property position along the Detour-Fenelon gold trend continues.
About Wallbridge Mining
Wallbridge is focused on creating value through the exploration and sustainable development of
gold projects in Qu ebec’s Northern Abitibi region while respecting the environment and
communities where it operates. The Company holds a contiguous mineral property position
totaling 830 km 2 that extends approximately 97 km along the Detour -Fenelon gold trend. The
property is host to the Company’s flagship PEA stage Fenelon Gold Project, and its earlier
exploration stage Martiniere Gold Project.
For further information please visit the Company’s website at https://wallbridgemining.com/ or
contact:
Brian Penny, CPA, CMA
CEO
Email: [email protected]
M: +1 416 716 8346
Tania Barreto, CPIR
Director Investor Relations
Email: [email protected]
M: +1 289 819 3012
Cautionary Note Regarding Forward-Looking Information
The information in this document may contain forward-looking statements or information (collectively, “FLI”) within the
meaning of applicable Canadian securities legislation. FLI is based on expectations, estimates, projections, and
interpretations as at the date of this document.
WALLBRIDGE MINING COMPANY LIMITED
TSX| WM
OTCQB | WLBMF
2 P age
All statements, other than statements of historical fact, included herein are FLI that involve various risks, assumptions,
estimates and uncertainties. Generally, FLI can be identified by the use of statements that include, but are not limited
to, words su ch as “seeks”, “believes”, “anticipates”, “plans”, “continues”, “budget”, “scheduled”, “estimates”,
“expects”, “forecasts”, “intends”, “projects”, “predicts”, “proposes”, "potential", “targets” and variations of such words
and phrases, or by statements that certain actions, events or results “may”, “will”, “could”, “would”, “should” or “might”,
“be taken”, “occur” or “be achieved.”
FLI in this document may include, but is not limited to ; the Company’s exploration plans; the future prospects of
Wallbridge; statements regarding the results of the PEA; future drill results; the Company’s ability to convert inferred
resources into measured and indicated resources; environmental matters; stakeholder engagement and relationships;
parameters and methods used to estimate the mineral resource estimates (“ MRE”) at the Fenelon and Martiniere
properties (collectively the “ Deposits”); the prospects, if any, of the Deposits; future drilling at the Deposits; and the
significance of historic exploration activities and results.
FLI is designed to help you understand management’s current views of its near- and longer-term prospects, and it may
not be appropriate for other purposes. FLI by their nature are based on assumptions and involve known and unknown
risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company
to be materially different from any future results, performance or achievements expressed or implied by such FLI.
Although the FLI contained in this document is b ased upon what management believes, or believed at the time, to be
reasonable assumptions, the Company cannot assure shareholders and prospective purchasers of securities of the
Company that actual results will be consistent with such FLI, as there may be other factors that cause results not to be
as anticipated, estimated or intended, and neither the Company nor any other person assumes responsibility for the
accuracy and completeness of any such FLI. Except as required by law, the Company does not undertake, and assumes
no obligation, to update or revise any such FLI contained in this document to reflect new events or circumstances.
Unless otherwise noted, this document has been prepared based on information available as of the date of this
document. Accordingly, you should not place undue reliance on the FLI, or information contained herein.
Furthermore, should one or more of the risks, uncertainties or other factors materialize, or should underlying
assumptions prove incorrect, actual results may vary materially from those described in FLI.
Assumptions upon which FLI is based, without limitation, include: the results of exploration activities, the Company’s
financial position and general economic conditions; the ability of exploration activities to accurately predict
mineralization; the accur acy of geological modelling; the ability of the Company to complete further exploration
activities; the legitimacy of title and property interests in the Deposits; the accuracy of key assumptions, parameters or
methods used to estimate the MREs and in the PEA; the ability of the Company to obtain required approvals; geological,
mining and exploration technical problems; and failure of equipment or processes to operate as anticipated; the
evolution of the global economic climate; metal prices; foreign exchange rates; environmental expectations; community
and non-governmental actions; and, the Company’s ability to secure required funding. Risks and uncertainties about
Wallbridge's business are discussed in the disclosure materials filed with the securities regulatory authorities in Canada,
which are available at www.sedarplus.ca.
Cautionary Notes to United States Investors
Wallbridge prepares its disclosure in accordance with NI 43 -101 which differs from the requirements of the U.S.
Securities and Exchange Commission (the " SEC"). Terms relating to mineral properties, mineralization and estimates
of mineral reserves and mineral resources and economic studies used herein are defined in accordance with NI 43 -
101 under the guidelines set out in CIM Definition Standards on Mineral Resources and Mineral Reserves, adopted by
the Canadian Institute of Mining, Metallurgy and Petroleum Council on May 19, 2014, as amended. NI 43 -101 differs
significantly from the disclosure requirements of the SEC generally applicable to US companies. As such, the
information presented herein concerning mineral properties, mineralization and estimates of mineral reserves and
mineral resources may not be comparable to similar information made public by U.S. companies subject to the reporting
and disclosure requirements under the U.S. federal securities laws and the rules and regulations thereunder.