Wallbridge Mining Company Ltd. has filed a final short form base shelf prospectus with the securities regulatory authorities in each of the provinces and territories of Canada. As previously announced, the Shelf Prospectus will allow Wallbridge to offer from time to time over a 25-month period up to $50 million of equity, debt or certain other securities . The Company currently has no plans to undertake a financing in [...]
Wallbridge Mining Company Ltd. today announced the discovery of a new area of gold mineralization at the Grasset East Flexure target area on its 100%-owned Grasset Gold property , located 15 kilometres east of the Company's flagship Fenelon Gold Project . Scattered, gold-bearing quartz veins were intersected in nine of the 19 drill holes completed. Highlights Widespread gold-bearing quartz veining intersected in nine [...]
Wallbridge Mining Company Ltd. is pleased to announce that it has completed the previously announced non-brokered private placement with Agnico Eagle Mines Limited of 7,926,277 common shares in the capital of the Company at a price of $0.11 per common share . The Private Placement was undertaken pursuant to certain participation rights set out in a pre-existing participation agreement between the Company and a predecessor [...]
Wallbridge Mining Company Ltd. is pleased to announce that it has completed a non-brokered private placement of 47,820,000 national flow-through common shares and 25,632,666 Québec flow-through common shares for aggregate gross proceeds of $9,437,910 . The National FT Shares were issued at a price of $0.125 and the Québec FT Shares were issued at a price of $0.135. In addition, Agnico Eagle Mines Limited has elected to [...]
Wallbridge Mining Company Ltd. today announced that Marz Kord is retiring from his role as President and Chief Executive Officer and director, effective immediately. Mr. Kord will remain employed until December 31, 2023 to support the management team through the management transition. In addition, Parviz Farsangi has decided to retire from the Board of Directors . Both Mr. Kord and Mr. Farsangi will continue as Advisors [...]
Wallbridge Mining Company Ltd. today announced that its 2023 exploration drill program has successfully extended the mineralized footprint of the gold system at its 100%-owned Martiniere Gold project in multiple directions beyond the boundaries of the 2023 Mineral Resource Estimate . "The objectives of the 2023 Martiniere exploration drilling program were all achieved - the mineralized footprint was expanded to the [...]
Commencing 5,000 metre phase-one drill program at Grasset Gold, located adjacent to the Fenelon Gold Project. Testing 11 high-priority gold targets in the Grasset East Flexure area identified from airborne geophysics that have yet to be drill-tested. The Grasset East Flexure is only one of many grassroots exploration areas with excellent potential to host gold mineralization on Wallbridge's 830 km2 land position. TORONTO [...]
Wallbridge Mining Company Ltd. today announced the filing of a National Instrument 43-101 technical report in support of its previously announced preliminary economic assessment for its Fenelon Gold project , located on the Company's Detour-Fenelon Gold Trend land package in Northern Abitibi, Quebec. The Technical Report was prepared in accordance with Canadian Securities Administrators' NI 43- 101 Standards of Disclosure [...]
Wallbridge Mining Company Ltd. is pleased to report that it received $12.5 million of cash refunds with respect to its 2022 Quebec Tax Credit Relating to Resources that were claimed on its 2022 Quebec income tax return. "We are pleased with the quick turnaround and payment of the refund by Revenue Quebec," stated Marz Kord, President and CEO of Wallbridge. "The receipt of the TCRR Quebec investment tax credits will be [...]
Wallbridge Mining Company Ltd. today announced that following the partial lifting of the ban on access to, and exploration activities on, certain areas in northern Quebec by the Ministère des Ressources Naturelles et des Forêts in conjunction with the Société de protection des forêts contre le feu the Company has resumed drilling and field exploration programs on its Detour-Fenelon Gold Trend Property. "Wallbridge's [...]
Wallbridge Mining Company Ltd. is pleased to report positive results from the Preliminary Economic Assessment completed on its still growing, 100%-owned Fenelon gold project located in the Abitibi Greenstone Belt, along the Detour-Fenelon Gold Trend, Quebec . Tony Makuch, Chairman of Wallbridge, stated: "Projects such as Fenelon, with a projected annual production profile of more than 200,000 gold ounces, located in a [...]
Wallbridge Mining Company Ltd. held its Annual Meeting of Shareholders today, June 8, 2023. A total of 505,795,637 shares or 54.13% of the outstanding shares of the Company were represented at the Meeting. All of the matters submitted to the shareholders for approval as set out in the Company's notice of meeting and management information circular dated April 28, 2023 were approved by the requisite majority of votes cast [...]
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