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Wallbridge Mining Company Ltd T.WM

Alternate Symbol(s):  WLBMF

Metals & Mining Gold
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
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Comment by westcoast2019on Jun 08, 2020 6:25pm
1047 Views
Post# 31126444

RE:RE:RE:Ely

RE:RE:RE:Ely
YetAnother1 wrote:
flashcash wrote:
WONDER1STOCK wrote: Wasser (Ely) stronly believes that Wallbridge will hit more Gold at depth at Fenelon. The Ely Royalty doesn't include the Bar Property,


I read somewhere the royalty is on the fenelon property which expanded by 8 to 10 times including that part which was on balmoral property.

 



I've read countless NR's going back 6 years. Confusing AF!
The NSR's are only for WM's Fenelon (2,1,1).






It is not an issue at present but if WM is able to prove through drilling that the Tobasco-Cayenne zones from the old Wallbrige and the Ripley and Reaper zones that came from the Balmoral merger are basically one ore deposit that will be mined together then the problem might arise as to which proportion comes from which as to Ely's royalty I would think.



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