Wallbridge Mining Company Ltd T.WM

Alternate Symbol(s): WLBMF

Metals & Mining Industrial Metals & Minerals

Wallbridge Mining Company Limited is a Canada-based company, which is engaged in the exploration and sustainable development of gold projects along the Detour-Fenelon Gold Trend in Quebec's Northern Abitibi region. The Company is focused on advancing its 100% owned Fenelon project and Martiniere project. The projects are situated within the Company's approximately 830 square kilometer (km2) Detour-Fenelon Gold Trend Property located in the Nord-du-Quebec administrative region approximately 75 kilometers (km) west-northwest of the town of Matagami, in the province of Quebec, Canada. Its Detour-Fenelon Gold Trend projects include Casault, Detour East, Grasset Gold, Harri and Doigt. The Company owns a 100% interest in the Nantel property. Its other gold assets include Hwy 810, Beschefer and N2 Property. The Grasset gold property is located immediately east of and adjoins the Fenelon property. The Company also holds approximately 15.8% interest in the common shares of NorthX Nickel Corp.

TSX:WM - Post by User

Wallbridge Mining Company Ltd

Bullboard Posts

Comment by 6stovepipe9on Jan 14, 2010 3:33pm

315 Views

Post# 16680101

RE: Can get analyst report on Wallbridge here

eResearch Issues Initiating Report on Wallbridge Mining Company Limited

TORONTO, ONTARIO, Jan 14, 2010 (Marketwire via COMTEX News Network) --

Wallbridge Mining Company Limited (TSX:WM) is a Canadian-based mineral exploration company focused on locating, exploring, and developing deposits of: (a) base metals (nickel, copper and cobalt); and (b) precious metals (platinum, palladium and gold). The Company's principal properties are in the under-explored footwall rocks of the Sudbury Basin, near Sudbury, Ontario.

Wallbridge has diversified geographically by securing and exploring a large porphyry copper-gold-molybdenum property located at Rogers Creek in southwestern British Columbia, and also acquired five additional porphyry properties nearby.

The Company owns 10 million shares (12.3%) of Duluth Metals Limited (TSX:DM), which is currently worth
.19 per Wallbridge share. Duluth Metals has defined a significant copper-nickel-PGE resource in the Duluth Complex base metal camp in Minnesota, USA.

Currently selling at
.24 per share, we have a 12-month Target Price of
.65. We recommend Wallbridge as a Speculative Buy for risk-tolerant investors.

This Press Release was prepared by eResearch and was not vetted by Wallbridge Mining. Further, the Recommendation and Target Prices contained in this Press Release and in the Initiating Report are strictly those of eResearch and, due to securities laws, are not endorsed by Wallbridge Mining.

eResearch is a primary source for professional investment research, focused primarily on small- and mid-cap companies. Our research and analysis is of institutional quality, and has the potential of reaching millions of global investors through our extensive electronic distribution network.

Wallbridge Mining Company Limited paid eResearch a fee to conduct research on the Company, on an Annual Continuous Coverage basis.

For FREE access to all eResearch reports and articles, go to www.eresearch.ca

SOURCE: eResearch

eResearch Bob Weir, CFA Managing Director, Research Services (416) 643-7650 Ext 1 bweir@eresearch.ca

Bullboard Posts

Southern Ontario mineral processing operation receives green fund support