Multi-Million Ounce Deposit
Growing Gold Resources in Quebec’s Abitibi
Wallbridge Mining (TSX: WM | OTCQB: WLBMF) is tapping into the momentum of record-high gold prices with a positive PEA that positions its flagship Fenelon Gold Project as a scalable, long-life asset in Canada’s premier mining jurisdiction.
A mineral resource estimate was completed in 2025 that validated the multi-million-ounce potential of the 100%- owned Fenelon and Martiniere properties within an approximate 598 km2; exploration land package controlled by Wallbridge. The Company believes that these two deposits have excellent potential for economic development, especially given their proximity to existing hydro-electric power and transportation infrastructure. In addition, Wallbridge believes that the extensive land package is extremely prospective for the discovery of additional gold deposits.
The Wallbridge Advantage
Multi-Million Ounce Mineral Resource Estimates
Fenelon
1.75 Moz Indicated
1.65 Moz Inferred
Martiniere
346 Koz Indicated
387 Koz Inferred
598km2
District-scale
underexplored
land package
Fenelon PEA
Annual Production: 107,000 Ounces
Annual Free Cash Flow: $120 Million
Total Cash Cost: $851 US$/Ounce
AISC: $1,046 US$/Ounce
Exploration and Development
Martiniere
Focusing on defining broader footprint to gold system
Fenelon
Long-term platform for growth, positive PEA published March 2025, 16 Year Mine Life
Unlocking The Value of
FENELON GOLD PROJECT
| Phase | Years | Activities |
|---|---|---|
| Pre-production | Year 1 & 2 | Infrastructure construction: • Power line, camp expansion • Mine site, mill plant, paste plant, tailing management site • Water treatment UG Development: • Dewatering, main ramp, ventilation raise, stope preparation |
| Production via Ramp | Year 1 to 15 | Mining & Milling: • Mining at 3,000 tpd • Milling at 3,000 tpd Infrastructure construction: • Tailing management site expansion UG Development: • Main ramp, ventilation raise, and stope preparation |
| Ramp-down | Year 15 to 16 | Open-pit: • Gabbro pit preparation (Year 15) • Mining of the Gabbro pit (Year 16) UG Development: • Finishing the UG mine plan |
Average production of 107,000 oz annually (127,000 in first 5 years)
Learn More About Wallbridge Mining