Wallbridge Mng Stock Price, News & Analysis

Wallbridge (OTCQB: WLBMF) announced it received $4.7 million in cash refunds from the 2024 Quebec Tax Credit Relating to Resources (TCRR) claimed on its 2024 Quebec income tax return.

The refund reimburses a portion of eligible exploration expenses not funded by Quebec flow-through shares. Wallbridge said the funds will be used to continue exploration and development programs at Martiniere, Fenelon and other company mineral properties in Quebec.

Wallbridge (OTCQB: WLBMF, TSX: WM) will host a live webinar on Thursday, October 9, 2025 at 12:00 PM ET providing a 2025 Fall corporate update and Q&A with CEO Brian Penny and Senior Exploration Consultant Mark Petersen.

Shareholders and the public can register to attend via the provided registration link. The session will cover recent company activities and allow live participant questions.

Wallbridge Mining (OTCQB:WLBMF) has sold its Detour East property to Agnico Eagle Mines for $8 million in cash plus a 2% NSR royalty. The royalty includes a buyback option allowing Agnico Eagle to repurchase it for $4 million.

The transaction provides immediate liquidity for Wallbridge and aligns with its strategy to focus on core assets, particularly the Detour-Fenelon Gold Trend Property in Quebec's northern Abitibi region. The deal concludes an existing earn-in agreement between the two companies while maintaining Wallbridge's exposure to Detour East's future potential.

Wallbridge Mining (OTCQB:WLBMF) has announced significant drilling results from Phase 2 exploration at its 100% owned Martiniere gold project. The drilling program revealed multiple high-grade gold intercepts, including 42.70 g/t Au over 0.5m and 45.40 g/t Au over 0.9m.

The company has completed 22 holes and 2 hole extensions totaling 10,840 metres. Due to positive results, the program has been expanded beyond its original 10,000-15,000 metre plan. The exploration has intercepted significant gold mineralization across an area measuring 2,000 by 800 metres and to a vertical depth of 800 metres from surface, with mineralization remaining open in both directions.

Wallbridge Mining (OTCQB:WLBMF) has launched Phase 2 drilling at its wholly-owned Martiniere gold project, following positive results from Phase 1 completed in May 2025. The exploration focuses on the Bug Lake deformation corridor and satellite targets within 100-500 meters of the Martiniere mineral resource.

Phase 2 will target extensions to high-grade gold mineralization at the Dragonfly, Horsefly, and Martiniere North zones, plus the new Martiniere Northeast target, where previous drilling yielded 6.0 metres grading 3.84 g/t Au. The company completed 18 holes totaling 7,225 metres in Phase 1 and plans to complete 12,000 to 15,000 metres of drilling during 2025.

Wallbridge Mining (OTCQB:WLBMF) has announced positive results from its Phase 1 drilling program at the Martiniere gold project. The program, completed on May 14th, consisted of 16 diamond drill holes plus two extensions, totaling 7,225 metres. Notable high-grade gold intercepts include 16.30 g/t Au over 1.5m at Dragonfly and 23.38 g/t Au over 2.0m at Horsefly.

The exploration has identified gold mineralization across an area approximately 1,500 by 700 metres, extending to depths of 350-400 metres below surface, with potential to reach 800-900 metres depth. The Company plans to commence Phase 2 drilling in July 2025, with a total of 10,000 to 15,000 metres of drilling planned for 2025.

Wallbridge Mining Company Limited (TSX: WM, OTCQB:WLBMF) held its Annual and Special Meeting of Shareholders on June 12, 2025, with 37.66% of outstanding shares represented. Shareholders approved all proposed matters, including setting the board size at six directors. The meeting saw the election of directors Brian Penny, Janet Wilkinson, Michael Pesner, Jeffery Snow, Danielle Giovenazzo, and Brian Christie, with approval ratings ranging from 85.95% to 89.35%. KPMG LLP was appointed as auditor with 91.47% approval. The Company's Omnibus Long Term Incentive Plan was also ratified with 82.15% of votes in favor.

Wallbridge Mining (WLBMF) reported positive results from its 2025 exploration drilling program at the Martiniere gold project, with multiple high-grade gold intercepts. Notable findings include intercepts of 40.99 g/t Au over 2.3m at Dragonfly, 6.71 g/t Au over 14.4m at Horsefly, and new mineralization discovery at Martiniere Northeast. The drilling program, which began in March 2025, plans to complete 10,000-15,000 meters in two phases. Phase 1 completed 7,225 meters across 16 holes plus two extensions. The Dragonfly zone expanded by 300 meters northwest and 250 meters southeast, while gold mineralization along the Bug Lake corridor now spans approximately 2,000m by 800m area to depths of 350-400m, remaining open to at least 500m below surface.

Wallbridge Mining Company Limited (WLBMF) has announced its Annual and Special Meeting will be held virtually on June 12, 2025 at 4:30 p.m. ET. The meeting materials are available on the company's website, TSX Trust platform, and SEDAR+. Following their March 27, 2025 updated Preliminary Economic Assessment (PEA) for the 100%-owned Fenelon gold project in Quebec, the company has planned several investor relations initiatives for Spring 2025.

Wallbridge will participate in four major mining investment conferences: 121 Mining Investment Conference in London (May 12-13), Deutsche Goldmesse in Frankfurt (May 16-17), THE Mining Investment Event in Quebec City (June 3-5), and 121 Mining Investment Conference in New York (June 9-10). The company welcomes one-on-one meetings with investors at these events.