Press ReleasesJuly 02, 2009
Wallbridge Mining Starts Second Drill in 8,900 metre Sudbury Program
Toronto, Ontario - July 2, 2009 - Wallbridge Mining Company Limited (TSX:WM; FWB: WC7) ("Wallbridge") today announced that drilling has been initiated on its Skynner Lake Property in Sudbury, as part of a 2,600 metre summer drilling program on its Sudbury Camp Joint Venture properties. The Sudbury Camp Joint Venture properties consist of seven properties covering 220.86 square kilometres, which are being explored in joint venture with Lonmin Plc, ("Lonmin"), the world's third largest primary platinum producer.
"Our summer work program is now in full swing", stated Alar Soever, President of Wallbridge. "Drilling was also recently initiated on our Parkin properties in Sudbury (see press release dated June 11, 2009). Between these two programs we will be drilling a total of 8,900 metres, during a period when many other companies are doing very little."
The Qualified Person responsible for the technical content of this press release is Bruce Jago, PhD. P.Geo, Vice-President, Exploration of Wallbridge Mining Company Limited.
About Wallbridge Mining Company Limited
Wallbridge Mining Company Limited's primary focus is the exploration of nickel, copper and platinum group element ("PGE") deposits in the Sudbury area of Ontario. The Sudbury area hosts the world's largest concentration of nickel deposits and is currently the most active mining camp in North America. Major joint venture partners in Sudbury include Vale Inco, Xstrata Nickel, Lonmin Plc and Impala Platinum Holdings Limited. Wallbridge also has a major shareholding in Duluth Metals Limited, which has defined a large copper-nickel-PGE resource in the rapidly emerging Duluth Complex base metal camp in Minnesota. Wallbridge is also exploring a large porphyry copper-gold-molybdenum property in south-western British Columbia and has interests in copper-zinc and gold properties in north-eastern Ontario.
For Further Information
Please visit the Company's website at www.wallbridgemining.com, or contact:
Wallbridge Mining Company Limited
Alar Soever, President
Tel: (705) 682-9297
Mara Strazdins, Vice-President, Investor Relations
Tel: (416) 369-1500 ext 222
This document may contain forward-looking statements relating to Wallbridge's operations or to the environment in which it operates. Such statements are based on operations, estimates, forecasts and projections. They are not guarantees of future performance and involve risks and uncertainties that are difficult to predict and may be beyond Wallbridge's control. A number of important factors could cause actual outcomes and results to differ materially from those expressed in forward-looking statements, including those set forth in other public filings. In addition, such statements relate to the date on which they are made. Consequently, undue reliance should not be placed on such forward-looking statements. Wallbridge disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, save and except as may be required by applicable securities laws.