Announcement • 20h
Wallbridge Mining Company Limited Provides Update, Evacuation Order At Fenelon Lifted Wallbridge Mining Company Limited announced that the site evacuation order issued on July 1, 2026 by SOPFEU (Société de protection des forêts contre le feu) and Quebec’s Ministère des Ressources naturelles et des Forêts in response to wildfires in the region has been lifted, allowing the Company to begin a phased return to normal operations at its Fenelon Gold Project and across its Detour-Fenelon Gold Trend property. Since mid-July, the Fenelon project site has served as a base of operations for a SOPFEU crew ranging from 35 to 60 firefighters actively managing wildfires in the surrounding region; thanks to their efforts and improving regional conditions, wildfire activity in the Fenelon area has subsided and is no longer considered a significant risk. None of the Fenelon operating facilities or camp were damaged by the wildfires. With conditions improving, the SOPFEU crew has recently demobilized from the site, allowing Wallbridge employees and contractors to begin returning to Fenelon. Throughout the evacuation period, desktop and planning work continued offsite; kitchen and maintenance personnel also returned to Fenelon to support the SOPFEU crew and ensure the Company’s camp, facilities and infrastructure continued to operate safely and effectively. Earlier this month, four Wallbridge employees returned to site to resume core logging and the preparation of sample shipments for assay analyses. With the evacuation order now lifted and restrictions on helicopter access to the area removed, Company personnel and contractors have begun returning to site. Wallbridge expects drilling and other field exploration activities to resume by the end of August, marking a return to normal exploration operations at Fenelon. The evacuation and temporary suspension of drilling and field activities have shortened the Company’s summer exploration season; at the same time, Wallbridge is finalizing the work plan and proposed budget for a pre-feasibility study (“PFS”) targeted for completion in late 2027 or early 2028. In light of these developments, the Company has revised its drilling priorities for the remainder of 2026: the revised plan will focus on continuing to ramp up drilling at Fenelon in preparation for a larger-scale infill drilling program supporting the PFS, while completing the previously planned exploration drilling programs at Casault and Grasset. As the Company increases its focus on advancing the Fenelon PFS, the second phase of drilling previously planned at Martiniere has been deferred beyond 2026. Wallbridge expects to provide a further update on its exploration, drilling and PFS plans in the coming weeks. Announcement • Jul 14
Wallbridge Mining Company Limited Reports Assay Results from 2026 Martiniere Drill Program Wallbridge Mining Company Limited announced assay results from the final four holes completed during the Phase 1 portion of its 2026 drilling campaign at its 100% owned Martiniere gold project. Phase 1 drilling was comprised of six holes focused on the Bug Lake deformation corridor, which hosts the majority of the Martiniere mineral resource. Significant gold assay intercepts for the four holes reported in this release are provided in the table below: MR-26-143 intersected multiple mineralized intervals developed primarily along sheared contacts between felsic porphyry dikes and the surrounding basaltic host rocks. Significant intercepts include 18.30 g/t Au over 1.4 metres, 1.19 g/t Au over 7.4 metres, and 6.10 g/t Au over 1.5 metres. MR-26-144 intersected several well mineralized structures. Significant results include 8.67 g/t Au over 1.8 metres, 10.49 g/t Au over 2.5 metres, 3.69 g/t Au over 2.8 metres, 4.34 g/t Au over 10.0 metres, and 2.25 g/t Au over 8.4 metres. MR-26-145 intersected a series of well-mineralized shear structures developed along the margins of felsic porphyry dikes and surrounding basalts. Significant results include 8.21 g/t Au over 1.4 metres, 5.50 g/t Au over 1.4 metres, 4.66 g/t Au over 1.6 metres, and 10.10 g/t Au over 1.5 metres. MR-26-146 intersected a well-mineralized shear structure along a porphyry dike contact, followed by additional mineralized shears hosted in pillowed basalt and along the margin of the Lac du Doigt fault. Significant results include 9.95 g/t Au over 3.0 metres, 3.46 g/t Au over 6.3 metres, and 2.63 g/t Au over 9.8 metres. The objective of the 2026 program is to further evaluate Martiniere’s growth potential through systematic widely spaced step-out drilling targeting the projected extensions of principal structures controlling gold mineralization beyond the limits of the currently defined mineral resource. Five of the six Phase 1 holes were drilled across an approximate 350 metre long by 300 metre wide section of the Dragonfly shear zone as it extends along strike to the southeast of the Bug Lake North and Bug Lake South zones. The sixth hole, MR-26-146, was drilled to test the down-dip continuation of gold mineralization in the Horsefly zone and along the southern margin of the Lac du Doigt fault. The current Martiniere mineral resource, published March 27, 2025, contains an estimated 346,000 ounces of gold averaging 2.29 g/t Au in the Indicated category and 387,000 ounces of gold averaging 3.11 g/t Au in the Inferred category. The estimate includes all drilling completed up to December 31, 2024, and therefore excludes all results from the Company’s 2025 and 2026 drilling programs. Since early 2025, exploration drilling targeting the continuity and broader extent of the mineralized system has intersected significant gold mineralization across an area measuring approximately 2,000 metres along strike, 800 metres in width and extending to a vertical depth of at least 800 metres below surface. The system remains open for further expansion to the southeast, to the north and at depth. Gold mineralization at Martiniere is primarily hosted within mafic volcanic rocks and younger felsic porphyry dikes. Mineralization occurs within discrete shear and breccia zones characterized by pyritic silica flooding, quartz-carbonate veining, and silica-sericite alteration. Higher gold grades are commonly concentrated along sheared dike contacts and within areas of increased deformation throughout the broader Bug Lake deformation corridor. Announcement • Jul 04
Wallbridge Mining Company Limited Temporarily Halts Operations At Fenelon Gold Project Due to Quebec Forest Fire Risk Wallbridge Mining Company Limited announced that it has temporarily evacuated the camp at its 100% owned Fenelon Gold project and suspended all drilling and related exploration activities on its Detour-Fenelon Gold Trend Property following an evacuation order issued by SOPFEU and Quebec’s Ministère des Ressources naturelles et des Forêts due to increasing wildland fire danger in the area.