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.

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Wallbridge Mining Company Ltd

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Post by forciteon May 10, 2016 2:40pm

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Post# 24858737

Wallbridge Announces Further High Grade Drill Results at Sha

TORONTO, May 10, 2016 /CNW/ - Wallbridge Mining Company Limited (TSX: WM, FWB: WC7) ("Wallbridge") announces additional results from the drilling program exploring for nickel, copper, and platinum group metal mineralization on its flagship Parkin Properties exploration project in Sudbury, Ontario.

New Drill Result Highlights:

Drill hole WMP-195 intersected 7.46 metres of 1.36 % nickel, 1.02 % copper, and 1.59 g/t TPM (including 0.67 g/t platinum, 0.74 g/t palladium, and 0.18 g/t gold) from 58.60 to 66.06 metres down hole;

Drill hole WMP-180 intersected 8.68 metres of 0.46 % nickel, 0.95 % copper, and 2.54 g/t total precious metals ("TPM", including 1.07 g/t platinum, 0.81 g/t palladium, and 0.66 g/t gold) from 43.70 to 52.38 metres down hole;

Drill hole WMP-182 intersected 7.70 metres of 0.86 % nickel, 0.98 % copper, and 2.19 g/t TPM (including 0.85 g/t platinum, 1.06 g/t palladium, and 0.28 g/t gold) from 61.00 to 68.70 metres down hole;

Drill hole WMP-176 intersected 1.61 metres of 0.90 % nickel, 8.02 % copper, and 10.70 g/t TPM (including 5.55 g/t platinum, 3.09 g/t palladium, and 2.06 g/t gold) from 18.33 to 19.94 metres down hole; and

Drill hole WMP-175 intersected 3.78 metres of 0.75 % nickel, 2.12 % copper, and 2.79 g/t TPM (including 0.94 g/t platinum, 1.62 g/t palladium, and 0.23 g/t gold) from 9.62 to 13.40 metres down hole.

"The near-surface intersections at Parkin are encouraging and indicate a significant expansion of the thicker and higher grade core of mineralization. The zones remain open for further expansion to depth," said Marz Kord, President and CEO of Wallbridge. "These strong results show that our team is successfully continuing to delineate new areas of mineralization along the nine kilometer strike length of our Parkin Offset dyke".