Press ReleasesApril 22, 2008
Wallbridge Annual General Meeting to be held at Science North, Sudbury
Toronto, Ontario -- April 22, 2008 -- Wallbridge Mining Company Limited (TSX:WM; FWB: WC7) announces that their Annual General Meeting of Shareholders will be held in the INCO Cavern, Science North, 100 Ramsey Lake Road, Sudbury, Ontario on Tuesday, April 29th at 4:30 p.m.
The agenda includes a formal meeting followed by presentations given by management. The presentation will focus on the value generated through exploration activities by the Company during 2007 on 100% Wallbridge-owned and Xstrata Nickel, Lonmin Plc and Vale Inco joint venture properties. Updates will include 2007 focus properties including Frost Lake, Skynner Lake, Creighton South, Trill, Wisner and Pele. The Company's investment into Duluth Metals Limited will be highlighted as Wallbridge currently owns 10 million shares. For those unable to attend in person, a transcript of the remarks and the accompanying PowerPoint presentation will be posted on the website following the meeting.
Wallbridge currently has interests in 39 exploration properties covering in excess of 700 square kilometres of footwall rocks to the Sudbury Igneous Complex. Wallbridge holds a 100% interest in 20 of the properties. Seven other properties are part of the Company's Sudbury Camp Joint Venture ("SCJV") with Lonmin Plc. Another four properties are held in joint venture with Xstrata Nickel; one property is a joint venture between Wallbridge, Xstrata Nickel and Vale Inco Limited. The remaining seven properties are held in two joint ventures with Champion Bear Resources Ltd., one with Pele Mountain Resources Inc, and one with Crowflight Minerals Inc.
Wallbridge Mining Company Limited explores for and develops nickel, copper and platinum group element ("PGE") deposits. The Company's principal properties are located in the Sudbury Basin in Ontario. The Sudbury Basin hosts the world's largest concentration of nickel deposits and is currently the most active mining camp in North America. Wallbridge also has a major shareholding in Duluth Metals Limited, which has a significant property position in the rapidly emerging Duluth Complex base metal camp in Minnesota.
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
Email: [email protected]
Mara Strazdins, Vice-President, Investor Relations
Tel: (416) 369-1500 ext 222
Email: [email protected]
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.