Wallbridge Mining Company Limited Welcomes PDAC 2013 Delegates to Toronto

Toronto, Ontario--(Newsfile Corp. - February 28, 2013) - Wallbridge Mining Company Limited (TSX: WM) (FSE: WC7) is pleased to welcome the international mining community to Toronto for the Prospectors and Developers Association of Canada's (PDAC) International Convention, which is being held from March 3rd to March 6th, 2013.

Wallbridge Mining Company Limited will be exhibiting at this year's Investor's Exchange and we invite shareholders and interested investors to talk to our team at PDAC Booth #2442.

Some exciting developments we will be discussing include:

  • At the Broken Hammer copper and PGE project, the prefeasibility results indicate that the project generates $8.4M revenue and $6M NPV over a mine life of 12 months. Permitting is currently underway.

  • Impala vested its 50% interest in the Parkin Offset Joint Venture. Exploration to date has grown the Milnet 1500 zone to minimum dimensions of 400m by 50-60m by an undetermined thickness. The 2013 exploration program is currently being developed for implementation.

  • A new joint venture agreement with Lonmin on our North Range was signed, providing for up to $8.8M exploration funded by Lonmin over three years. The 2013 exploration program for $1.1M funded solely by Lonmin has been approved and is underway.

Wallbridge Mining Company Limited (WM:TSX) is an established junior company, formed in 1996, to explore and develop platinum group metals, copper and nickel mineral projects in mining friendly jurisdictions of North America.

Wallbridge is currently exploring and developing a large package of properties in Sudbury, Ontario, Canada's premier mining district. These include the permitting stage Broken Hammer mine development project and significant exploration joint ventures with partners Lonmin Plc, Impala Platinum Holdings Limited and Xstrata Nickel.

For additional information about the PDAC 2013 conference or to register for the conference, please visit www.pdac.ca.

For further information contact:

Wallbridge Mining Company Limited
Marz Kord President and CEO
705-682-9297 ext 251
mkord@wallbridgemining.com

 
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