Wallbridge Mining Company Limited engages in the acquisition, exploration, and discovery of polymetallic mineral deposits in Ontario and British Columbia. Sudbury Properties: Wallbridge has 39 properties covering approximately 705 square kilo meters in the Sudbury Basin footwall rocks. 7 properties covering approximately 220 square kilo meters around the Sudbury Basin were explored with various geophysical tools and 2,937.5 m of diamond drilling. Skynner Lake Property – Copper and PGE: The company’s Skynner Lake Property is located immediately adjacent to an area of intense exploration activity. Trill Property – Copper, Nickel and PGE: The Trill property is located near the western end of the North Range of the Sudbury Basin. Foy Property – Copper and PGE: Foy property is situated along the North Range of the Sudbury Basin. Cascaden Property – Copper and PGE: The Cascaden property lies in the footwall to the Windy Lake embayment and is immediately to the north of Wallbridge’s Windy Lake property. Impala Parkin Joint Venture – Nickel, Copper and PGE: In 2008, Wallbridge entered into a joint venture agreement with Impala Platinum Holdings on its Parkin Offset Dyke properties. The Offset Dyke properties include Wallbridge’s 100% owned Milnet Mine property, Wallbridge’s Parkin Xstrata Nickel property, which is 98.5% owned by Wallbridge and subject to a 1.5% Net Smelter Return with Xstrata Nickel and the Champion Bear Parkin Joint Venture property. Together the properties encompass 2,150 hectares covering 9.4 kilo meters of strike length of the Parkin Offset Dyke. Xstrata Nickel Joint Venture Properties: In total, 2,969 meters of core were drilled on the Wisner and Frost Lake properties in 2008. Kirkland Lake Area Tanqueray Joint Venture – Gold: Wallbridge entered into a joint venture agreement with Tanqueray Resources Ltd. in 2008, whereby Tanqueray may earn a 50% interest in three of Wallbridge’s gold properties near Kirkland Lake in the Larder Lake Mining District. Under the terms of the agreement, Tanqueray may earn a 50% interest in these properties. The joint venture properties include the Misema Lake (23 claims/3,376 ha) and Verna Lake (7 claims/1,168 hectares) claim groups northeast of Kirkland Lake and the Maisonville claim group (18 claims/2,432 hectares) northwest of Kirkland Lake.
wallbridge mining co ltd
(WM:Toronto Stock Exchange)
129 Fielding Road
Lively, ON P3Y 1L7
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