Press ReleasesApril 22, 2009
Wallbridge Mining Annual General Meeting to be held at Toronto Board of Trade
Toronto, Ontario - April 22, 2009 - Wallbridge Mining Company Limited (TSX:WM, FWB: WC7) (the "Corporation") announces that their Annual General Meeting of Shareholders will be held at the Toronto Board of Trade in Toronto on Wednesday, April 29th at 11:00 a.m. The Toronto Board of Trade is located at 1 First Canadian Place, 100 King St W, Toronto.
The agenda includes a formal meeting with presentations by management. The presentations will also provide an update on the Parkin Impala Joint Venture properties in Sudbury, the new Rogers Creek porphyry copper-gold property in BC as well as Wallbridge's other Sudbury area properties. For those unable to attend in person, a transcript of the remarks and the accompanying PowerPoint presentation will be posted on the Wallbridge website at www.wallbridgemining.com.
Wallbridge has 39 properties covering more than 705 square kilometers in the favorable Sudbury Contact footwall rocks. These properties host favorable geology, yet have never been extensively explored. Footwall rocks of the Sudbury Igneous Complex are important as they contain the majority of the higher value copper-PGE-gold deposits found in this mining camp. The company's focus on this environment is well founded as these rocks continue to demonstrate their potential for discovery on a regular basis. Wallbridge's Broken Hammer deposit, Trill Offset Dyke and Amy Lake PGE Zone, as well as FNX Mining's Levack Footwall and Rob's deposits, and Vale Inco-Lonmin Plc's Capre 3000 discovery, are proof of the abundant potential in these rocks.
In 2008, Wallbridge acquired the Rogers Creek copper-gold porphyry property located about 40 kilometers south-east of Pemberton, in south-western British Columbia. Initial work carried out during the summer 2008 field season defined two large zones of alteration and associated gold-copper mineralization within a 6 km by 2 km area in the central part of the property. The Rogers Creek property was discovered in a porphyry copper-gold environment not previously recognized in south-western British Colombia and is within an area with excellent infrastructure. Follow-up ground geophysics and drilling is planned for 2009.
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 northeastern Ontario.
For Further Information
Please visit the Wallbridge 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.