Wallbridge Mining Company
Wallbridge Mining Company focuses on gold exploration, primarily at its flagship Fenelon Gold project in Quebec's Northern Abitibi region, with significant gold resources and a promising production outlook.
Flagship Project: Fenelon Gold
Wallbridge Mining Company’s flagship project, Fenelon Gold, is situated on the Detour-Fenelon Gold Trend in Quebec's Northern Abitibi region. This project is integral to the company's endeavors and represents a significant opportunity for gold extraction. The positive Preliminary Economic Assessment for Fenelon projects an average annual gold production of 212,000 ounces over a 12-year period, highlighting the project's potential for long-term operation.
Gold Resource Estimates
Wallbridge Mining Company has substantial gold resources across its properties. The Fenelon Gold and Martiniere properties have a combined 3.05 million ounces of indicated gold resources. Additionally, these properties contain 2.35 million ounces of inferred gold resources. These estimates demonstrate the company's significant stake in gold mining within its exploration land package.
Interest in Archer Exploration Corp.
In November 2022, Wallbridge Mining Company sold its nickel assets in Ontario and Québec. Following this transaction, Wallbridge now holds a 15.9% interest in Archer Exploration Corp. This investment reflects the company's strategic maneuvering within the mining sector, diversifying its interests while maintaining a focus on its primary gold projects.
Exploration Land Package
Wallbridge Mining Company operates an extensive exploration land package that spans 830 km² along the Detour-Fenelon Gold Trend. This significant land area is pivotal to the company's exploration and extraction activities, providing a substantial base for ongoing and future operations. The exploration land package includes key properties such as Fenelon Gold and Martiniere Gold.
Martiniere Gold Property
The Martiniere Gold property is an important asset within Wallbridge Mining Company's portfolio. Located approximately 110 km west of Matagami, Québec, the property falls within the expansive 830 km² exploration land package. The Martiniere Gold property, along with Fenelon Gold, contributes to the company's solid gold resource base and ongoing exploration activities in the region.