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

Bullboard Posts

Post by rospar2on Dec 04, 2018 11:08am

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Post# 29060935

UPDATED 43-101 - GOLD OFFTAKE CONSTRUCTION LOAN

With the updated 43-101 and PEA WM will be in a better position to negotiate a favourable gold offtake loan than most other junior gold companies with mineable orebodies. The combination of very high grade ore close to existing underground development will allow WM to repay an offtake loan to cover mill and other Capex costs quickly when production begins. Some offtake loans have also included funds for continuing exploration during construction.

Interesting few months coming! GLTA Bob

Bullboard Posts

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