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Wallbridge Mining Company Ltd T.WM

Alternate Symbol(s):  WLBMF

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

Comment by awacs1on Jan 13, 2021 2:48pm
172 Views
Post# 32286733

RE:Today's PR Good News IMO

RE:Today's PR Good News IMOFrom the previous NR: ..our application for a 500 tonne per day (“ tpd ”) operation permit, no longer aligns with Fenelon’s newly demonstrated larger size” 
This suggest to me that they are dropping the 500tpd side venture. The concept back when it was submitted was to generate ongoing revenue for exploration.  They have raised their sights and they have adequate $ for the next 15 months. I expect a JV deal is being worked.  And a JV in addition to the Detour East, should focus on Fenelon. This is clearly too big to be developed by the current management. 
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