Key facts
| Company | Wallbridge Mining Company Limited (TSX: WM) |
|---|---|
| Commodity | Gold |
| Location | Canada |
| Stage | PEA |
Mineral resource estimates
2 reported estimates, newest first. Categories are as disclosed by Wallbridge Mining Company Limited; inferred material carries the lowest confidence and cannot support a reserve.
| Category | Tonnes | Au g/t | Au oz | Effective |
|---|---|---|---|---|
| IndicatedNI 43-101 | 30.7 Mt | 3.09 g/t | 3.05 Moz | Jan 13, 2023 |
| InferredNI 43-101 | 24.7 Mt | 2.96 g/t | 2.35 Moz | Jan 13, 2023 |
How the categories differ: Inferred vs Indicated vs Measured. Compare reports over time with the Resource Growth Tracker.
Economic studies
Preliminary economic assessment
Jun 26, 2023- NPV (5%)
- US$721M
- IRR
- 18%
- Payback
- 5.4 years
- Initial capex
- US$645M
- AISC
- US$924/oz
- Mine life
- 12.3 years
- Annual production
- 211,901 oz
- Gold price assumed
- US$1,750/oz
Figures as extracted from each study, in US dollars as the studies report them. Open the report before relying on one.
News releases2 on file
Wallbridge Reports Results from 2026 Fenelon PFS Metallurgical Drilling Program
Final assays from seven HQ diamond drill holes totalling 3,144 metres in the 2026 metallurgical drilling program at the Fenelon Gold Project in Quebec included 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; true widths are estimated at 70-90% of core lengths. Some 820 kilograms of mater
Study resultsWallbridge Temporarily Evacuates Fenelon Camp, Suspends Exploration Due to Quebec Forest Fire Risk
The camp at the 100%-owned Fenelon Gold project in Quebec has been temporarily evacuated and all drilling and exploration activities on the Detour-Fenelon Gold Trend Property suspended, following an evacuation order from SOPFEU and Quebec's Ministère des Ressources naturelles et des Forêts due to increasing wildland fire danger. The order was received late afternoon on July 1 and all site personne
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