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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 OneDayRodderson Mar 08, 2023 11:42am
104 Views
Post# 35325973

RE:RE:RE:News release

RE:RE:RE:News releaseTotally agree ... seems like a constant spat going on between a few that's ruining this chat room.

I take comfort holding here due to the below ..

Huge Valuation Gap IMHO

Wallbridge Mining 0.16 cents (WM:TXE) Market Cap $141m

MRE recently announced ..

Detour-Fenelon Gold Trend Indicated resources of 3.05 Moz at 3.09 g/t Au
Inferred resources of 2.35 Moz at 2.96 g/t Au

Huge land package still to explore with Minerilisation open in all directions

Maiden PEA due before end of March 23

=============================================================================

Rupert Resources $4.87 (RUP:TXE) Market Cap $935m

Ikari Mine Gold Trend Indicated resources of 3.860 Moz at 2.50 g/t Au
Inferred resources of 1.260 Moz at 1.90 g/t Au

PEA recently announced with $1.6bn NPV



IMHO Wallbridge are just a few months behind in their resource journey.
Rupert Resources valuation endorsed by Gold mining giant "Agnico" who have just taken part in a $50m placement at current valuation.

GLA
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