Wallbridge Mining Company Limited (TSX:WM)
(
“Wallbridge” or the
“Company”)
will announce the results of the maiden mineral resource estimate
(“
MMRE”) for the Detour-Fenelon Gold Trend on
Wednesday, November 10th, 2021.
Following the announcement the Company will host
a webcast on Wednesday, November 10th, 2021, at 10:00 am (Eastern
Time). Marz Kord, President and Chief Executive Officer, Attila
Pentek, Vice-President Exploration, and other members of the
leadership team will provide an in-depth review of the MMRE and be
available to answer shareholder questions. Copies of the news
release and management’s presentation will be available on the
Company’s website at www.wallbridgemining.com.
Pre-registration will be open Wednesday,
November 3rd, 2021 and the webcast can be accessed by clicking HERE
or at the following URL:
https://onlinexperiences.com/Launch/QReg/ShowUUID=3DFAC74A-9CCD-46B8-8310-4BF474B1417D&LangLocaleID=1033&GroupID=Onyx
A Chrome or Firefox browser is recommended.
Please test your connection prior to joining the webcast at
https://onlinexperiences.com/Launch/StudioTest.htm.
About Wallbridge Mining
Wallbridge is currently advancing the
exploration and development of its 100%‒owned Fenelon Gold property
located along the Detour‒Fenelon Gold Trend, an emerging gold belt
in northwestern Québec. The Company completed approximately 102,000
metres of drilling in 2020 and is currently conducting a
fully‒funded 2021 program of approximately 150,000 metres of
drilling and 2,000 metres of underground exploration development
(Phase 1 of a 10,000‒metre program).
Wallbridge's land holdings in Québec along the
Detour‒Fenelon Gold Trend cover 910 km2. This includes property
adjacent to its Fenelon and Martiniere deposits which provides room
for expansion of theses deposits as well as options for placement
of future mine infrastructure. There is also potential for further
discoveries along the 97 kilometres of strike length in this
underexplored belt.
Wallbridge is also the operator of, and a 17.8%
shareholder in, Lonmin Canada Inc., a privately‒held company with a
portfolio of nickel, copper, and platinum‒group metals (PGM)
projects in Ontario's Sudbury Basin.
This news release has been authorized by the
undersigned on behalf of Wallbridge Mining Company Limited.
For further information please
visit the Company's website at www.wallbridgemining.com or
contact:
Wallbridge Mining Company
Limited
Marz Kord, P. Eng., M. Sc., MBAPresident &
CEOTel: (705) 682‒9297 ext. 251Email:
mkord@wallbridgemining.com
Victoria Vargas, B.Sc. (Hon.) Economics,
MBAInvestor Relations AdvisorEmail:
vvargas@wallbridgemining.com
This press release may contain certain
“forward‒looking statements” within the meaning of applicable
Canadian securities legislation relating to, among other things,
the operations of Wallbridge Mining Company Limited (“Wallbridge”
or “Company”) and the environment within which it operates. All
statements, other than statements of historical fact, included
herein, including, without limitation, statements regarding future
plans and objectives of Wallbridge, future opportunities and
anticipated goals, the Company’s portfolio, treasury, management
team, timetable to mineral resource estimation, permitting and the
prospective mineralization of the properties, are forward‒looking
statements that involve various risks, assumptions, estimates and
uncertainties. Generally, forward‒looking information can be
identified by the use of forward‒looking terminology such as
“seeks”, “believes”, “anticipates”, “plans”, “continues”, “budget”,
“scheduled”, “estimates”, “expects”, “forecasts”, “intends”,
“projects”, “predicts”, “proposes”, "potential", “targets” and
variations of such words and phrases, or by statements that certain
actions, events or results “may”, “will”, “could”, “would”,
“should” or “might”, “be taken”, “occur” or “be achieved”. There
can be no assurance that such statements will prove to be accurate,
and actual results and future events could differ materially from
those anticipated in such statements.
By their nature, forward‒looking
statements involve numerous assumptions, inherent risks and
uncertainties, both general and specific, that contribute to the
possibility that the predicted outcomes could differ materially
from those contained in such statements. These risks and
uncertainties include, but are not limited to, delays in obtaining
or failures to obtain required governmental, regulatory,
environmental or other required approval, the actual results of
current exploration activities, fluctuations in prices of
commodities, fluctuations in currency markets, actual results of
additional exploration and development activities at the Company’s
projects, capital expenditures, the availability of any additional
capital required to advance projects, accidents, or pandemic
interruptions.
Although the Company has attempted to
identify important factors that could cause actual results to
differ materially from those contained in forward‒looking
information, there may be other factors that cause results not to
be as anticipated, estimated or intended. These statements reflect
the current internal projections, expectations or beliefs of the
Company and are based on information currently available to the
Company.
The Company does not undertake to update
any forward‒looking information, except in accordance with
applicable securities laws. The Company believes that the
expectations reflected in those forward‒looking statements are
reasonable but no assurance can be given that these expectations
will prove to be correct and such forward‒looking statements
included in this press release should not be unduly relied upon by
investors as actual results may vary.
Risks and uncertainties about
Wallbridge’s business are more fully discussed in the disclosure
material filed with the securities regulatory authorities in Canada
and available on SEDAR under the Company’s profile at
www.sedar.com. Readers are urged to read these materials and should
not place undue reliance on the forward‒looking statements
contained in this press release.
Covid‒19 ‒ Given the rapidly evolving
nature of the Coronavirus (COVID‒19) pandemic, Wallbridge is
actively monitoring the situation in order to continue to maintain
as best as possible the activities while striving to protect the
health of its personnel. Wallbridge' activities will continue to
align with the guidance provided by local, provincial and federal
authorities in Canada. The Company has established measures to
continue normal activities while protecting the health of its
employees and stakeholders. Depending on the evolution of the
virus, measures may affect the regular operations of Wallbridge and
the participation of staff members in events inside or outside
Canada.
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