Wallbridge Closes Previously Announced Private Placement of Common Shares - Seite 2

Wallbridge has reported a positive Preliminary Economic Assessment on its 100%-owned Fenelon gold Project with an estimated average annual gold production of 212,000 ounces over 12.3 years (see Wallbridge press release of June 26, 2023).

Wallbridge also holds a 19.9% interest in the common shares of Archer Exploration Corp. (“Archer”) as a result of the sale of the Company’s portfolio of nickel assets in Ontario and Québec in November of 2022.

The scientific and technical content of this news release has been reviewed and approved by Francois Chabot., Eng., the Company’s Manager of Technical Services, a "Qualified Person" as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects.

Wallbridge will continue to focus on its core Detour-Fenelon Gold Trend Property while enabling shareholders to participate in the potential economic upside in Archer. For further information please visit the Company’s website at https://wallbridgemining.com/ or contact:

Wallbridge Mining Company Limited

Brian Penny, CPA, CMA
Interim CEO
Tel: [phone]
Email: [e-mail]

Victoria Vargas, B.Sc. (Hon.) Economics, MBA
Capital Markets Advisor
Email: [e-mail]

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