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Wallbridge Mining Company Limited (WLBMF) generates frequent news flow as it advances its gold exploration portfolio in Quebec’s Abitibi region. Company updates focus on drilling results, project studies and corporate developments related to its flagship Fenelon Gold Project, its earlier-stage Martiniere Gold Project, and other targets along the Detour-Fenelon gold trend.
Recent Wallbridge news has highlighted multi-phase drilling campaigns at Martiniere, where the company reports high-grade gold intercepts and an expanding mineralized footprint along the Bug Lake deformation corridor and associated zones such as Dragonfly and Horsefly. Releases describe step-out and infill drilling, geological interpretations of shear corridors, and indications that the Martiniere gold system remains open along strike and at depth.
News items also cover technical and planning work at Fenelon, including drilling to support metallurgical test work and technical studies in connection with a Preliminary Economic Assessment and NI 43-101 Technical Report. Additional coverage includes exploration plans and drilling at earlier-stage properties such as Casault and Grasset, as well as portfolio moves like the sale of the Detour East property to Agnico Eagle Mines Limited in exchange for cash consideration and an NSR royalty.
Beyond project-level results, Wallbridge issues news on corporate and ESG milestones. Examples include achieving UL 2723 ECOLOGO Certification for Mineral Exploration Companies, receiving Quebec refundable investment tax credits related to exploration expenditures, and holding shareholder meetings and investor webinars to discuss project progress and strategy.
Investors and followers of WLBMF stock can use this news feed to review exploration results, planned drilling programs, technical study updates, ESG achievements and corporate actions that shape Wallbridge’s progress along the Detour-Fenelon gold trend.
Wallbridge Mining (WLBMF) reported final assay results from seven HQ-diameter drill holes completed in its 2026 metallurgical drilling program at the Fenelon Gold Project, totaling 3,144 metres and feeding the ongoing Pre-feasibility Study (PFS).
The holes, drilled in areas contemplated for underground mining in the March 2025 PEA, returned multiple high-grade gold intercepts, including 8.27 g/t Au over 16.4 m in FAL-26-002A, 25.41 g/t Au over 3.6 m in FAL-26-003, 10.67 g/t Au over 5.0 m in FAL-26-005, and 52.30 g/t Au over 2.1 m in FAL-26-001. In total, 820 kg of mineralized material averaging 5.00 g/t Au within the PEA mine plan and 6.92 g/t Au from peripheral areas has been collected for metallurgical variability testing at Base Metallurgical Laboratories under Synectiq’s direction. The work will compare three processing methods, assess tailings suitability for dry-stack storage, and support updated recovery assumptions and an updated mineral resource estimate for the Fenelon PFS targeted for completion in late 2027 or early 2028.
Wallbridge (TSX: WM, OTCQB: WLBMF) has called a special shareholder meeting for September 29, 2026 to seek approval for a proposed consolidation of its common shares on a basis of one post-consolidation share for up to 20 pre-consolidation shares and a corporate name change to Sunday Lake Gold Corp.
Wallbridge currently has 1,830,849,901 common shares outstanding and, in an illustrative 20-for-1 consolidation, would have 91,542,495 shares outstanding. The board cites increased market flexibility and a rebranding aligned with the Sunday Lake Deformation Zone focus, and unanimously recommends voting FOR both proposals, which remain subject to shareholder and regulatory approvals.
Wallbridge Mining (OTCQB:WLBMF, TSX:WM), in partnership with Midland Exploration, has mobilized field crews and a drill rig to the Casault gold property in Quebec to begin a ~3,000 metre diamond drilling program in 10–12 holes. The 2026 campaign will first follow up on the Vortex gold occurrence, then test undrilled high-priority targets such as the C2 area, intersections of the Sunday Lake Deformation Zone with cross-faults, and IP anomalies along the Lac du Doigt fault. According to Wallbridge, the work resumes after a six-week wildfire interruption and supports its broader Detour-Fenelon trend strategy, alongside ramping up Fenelon infill drilling toward a pre-feasibility study targeted for completion in late 2027 or early 2028.
Wallbridge Mining (OTCQB:WLBMF, TSX:WM) reports that the wildfire-related evacuation order at its Fenelon Gold Project and Detour-Fenelon trend in Quebec, imposed on July 1, 2026, has been lifted, with no damage to operating facilities or camp.
SOPFEU has demobilized its 35–60 person firefighting crew from the site, and Wallbridge staff and contractors are returning. According to the company, drilling and other field exploration activities are expected to resume by the end of August 2026. The shortened summer exploration season has led Wallbridge to revise its 2026 drilling priorities, emphasizing ramp-up drilling at Fenelon to support a pre-feasibility study targeted for late 2027 or early 2028, while completing planned drilling at Casault and Grasset and deferring the second phase of drilling at Martiniere beyond 2026.
Wallbridge (OTCQB:WLBMF, TSX:WM) reported final assay results from four Phase 1 drill holes (MR-26-143 to MR-26-146) of its 2026, 4,108-metre program at the 100%-owned Martiniere gold project, targeting the Bug Lake deformation corridor and Dragonfly and Horsefly zones.
All six Phase 1 holes intersected multiple gold-bearing shear structures, with highlighted intercepts including up to 36.10 g/t Au over 0.5 m and broader zones such as 4.34 g/t Au over 10.0 m and 2.63 g/t Au over 9.8 m. Martiniere’s mineralized footprint now spans roughly 2,000 m along strike, 800 m in width and at least 800 m deep, remaining open in several directions. Phase 2 drilling, part of a planned 17,000-metre 2026 program, has been postponed due to a regional forest-fire evacuation order.
Wallbridge (OTCQB:WLBMF, TSX:WM) has temporarily evacuated its Fenelon Gold project camp and suspended all drilling and exploration activities on the Detour-Fenelon Gold Trend Property.
The action follows an evacuation order from Quebec fire and natural resources authorities due to rising forest fire risk. All site personnel were safely moved to Amos, Quebec, and operations will resume when authorities deem conditions safe.
Wallbridge Mining (TSX:WM, OTCQB:WLBMF) held its Annual Meeting on June 10, 2026, with 412,453,792 shares represented, or 33.736% of outstanding shares. Shareholders approved all matters, including setting the board at six directors, electing six nominees, and appointing KPMG LLP as auditor.
Director elections received about 78–79% support, while KPMG LLP was approved with 85.529% of votes cast.
Wallbridge (OTCQB:WLBMF) closed a private placement of common shares with Agnico Eagle Mines and Waratah Capital Advisors, raising approximately C$56 million in gross proceeds. Agnico Eagle bought 243,927,966 shares for about C$22.4 million, while Waratah acquired 364,339,130 shares for about C$33.5 million.
Each investor now holds or controls a partially diluted stake of about 19.9%. According to Wallbridge, net proceeds plus existing cash are expected to fully fund the Fenelon pre-feasibility study and the fully funded 2026 exploration program at Martiniere, Casault and Grasset, after which capital will largely focus on Fenelon.
Wallbridge (OTCQB:WLBMF, TSX:WM) announced definitive agreements for strategic investments from Agnico Eagle and Waratah totaling approximately C$56 million. Each investor will hold a partially-diluted 19.9% position at C$0.092 per share, a 15% premium to the 20-day VWAP.
According to Wallbridge, proceeds plus existing cash are expected to fully fund a pre-feasibility study for the Fenelon gold project, targeted for completion in late 2027 or early 2028. The company plans a 20:1 share consolidation and a name change to Sunday Lake Gold, subject to shareholder approval in Q3 2026.
Wallbridge (OTCQB:WLBMF) reported initial 2026 Phase 1 drilling results from its 100%-owned Martiniere gold project, focusing on the Dragonfly corridor.
Highlights include hole MR-26-142 with intervals such as 2.01 g/t Au over 12.8 m and 4.53 g/t Au over 13.5 m, within a system hosting a 733,000 oz mineral resource in Indicated and Inferred categories.