What Wallbridge Mining Company does

Wallbridge Mining Company Limited is a Canadian gold exploration and development company headquartered in Lively, Ontario, with shares trading on the TSX (WM) and OTCQB (WLBMF). The company holds a contiguous ~598 km² mineral property position extending ~82 km along the Detour-Fenelon Gold Trend (Sunday Lake Deformation Zone) within Quebec's prolific Abitibi Greenstone Belt. Its portfolio is anchored by the PEA-stage Fenelon Gold Project, the earlier-stage Martiniere Gold Project located 45 km east of Agnico Eagle's producing Detour Lake mine, and a suite of regional greenfield properties including Grasset and Casault. Wallbridge applies conventional mining exploration technologies, including geological modeling, diamond drilling, metallurgical testing, and NI 43-101-compliant mineral resource estimation using industry-standard software such as GEOVIA Whittle and Deswik Stope Optimizer.

The company is pre-revenue and does not yet produce gold. Future revenue will be derived from gold production at Fenelon and potentially Martiniere once advanced through pre-feasibility, feasibility, and construction. Current operations are funded entirely through equity financings; the company has raised a C$14.2M private placement (February 2022), a C$15.14M public offering (October 2025), and most recently a C$56M strategic private placement (May 2026) anchored by Agnico Eagle Mines and Waratah Capital Advisors, each of which now holds ~19.9% partially-diluted ownership with board representation rights. The flagship Fenelon PEA (March 2025) projects average annual gold production of 107,000 ounces over a 16-year mine life, with after-tax NPV of $706 million and after-tax IRR of 21% at a US$2,200/oz gold price. The Martiniere deposit contains 346,000 oz Indicated and 387,000 oz Inferred gold resources (effective March 20, 2025).

The company's go-to-market motion targets institutional mining investors, mining-focused funds, and strategic partners, reached through PDAC and BMO Global Metals conference participation, underwritten public offerings, direct institutional placements, and a publicly accessible investor relations program. Wallbridge holds a UL 2723 ECOLOGO Certification for Mineral Exploration (June 2025), providing ESG differentiation relative to peer junior explorers. Following the May 2026 Annual Meeting, the company announced its intent to pursue a 20:1 share consolidation and a name change to 'Sunday Lake Gold' to align its corporate identity with the flagship asset ahead of advancing Fenelon to pre-feasibility.

Name

Wallbridge Mining Company

Legal name

Wallbridge Mining Company Limited

Website

https://wallbridgemining.com

Company type

Public

Founded year

1998

Operating status

Operating

Headcount range

11–50 employees

Short description

Wallbridge Mining is a Canadian gold exploration and development company advancing the Fenelon and Martiniere gold projects across a 598 km² land position in Quebec's Abitibi Greenstone Belt. The pre-revenue public company is funded through equity financings with strategic backing from Agnico Eagle and Waratah.

Ownership category

akta.pro rank

Product category

Gold Mining Exploration and Development

NAICS

Gold Ore and Silver Ore Mining (212220), Mining (except Oil and Gas) (212)

SIC

Gold And Silver Ores (1040), Metal Mining (1000)

akta.pro primary industry

Precious Metals Exploration & Project Development (IMAKAEAI)

Keywords

• Gold exploration
• Mineral resource estimation
• Preliminary economic assessment
• Mining project development
• Gold mining assets

Headquarters

HQ city

Lively

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Pre-Revenue Exploration Stage: Wallbridge Mining is a pre-revenue gold exploration company. The company does not currently generate revenue from operations. Future revenue will be derived from gold production at its Fenelon and Martiniere projects following successful development. Current operations are funded through equity financings, strategic investments, and government incentives.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels8 records

Core offering

Wallbridge Mining is a pre-revenue gold exploration and development company that advances mineral properties along the Detour-Fenelon Gold Trend in Quebec's Abitibi Greenstone Belt. Its core offerings are the PEA-stage Fenelon Gold Project, the earlier-stage Martiniere Gold Project, and a portfolio of regional greenfield exploration properties covering approximately 598 km² of contiguous land.

Product overview

Wallbridge Mining Company Limited is a gold exploration and development company operating a portfolio of projects in Quebec's Abitibi region. The company holds a contiguous ~598 km² mineral property position extending approximately 82 kilometres along the Detour-Fenelon Gold Trend. The flagship is the PEA-stage Fenelon Gold Project, complemented by the earlier-stage Martiniere Gold Project and numerous greenfield exploration properties. The company completed a positive Preliminary Economic Assessment for Fenelon in March 2025, demonstrating robust economics including average annual production of 107,000 oz gold over a 16-year mine life.

Differentiator

Problem solved

Functional benefit

Products and services

• Fenelon Gold Project The company's flagship PEA-stage gold project, 100% owned by Wallbridge, located in Quebec's Nord-du-Québec region approximately 75 km west-northwest of Matagami within the Abitibi Greenstone Belt. Forms part of the broader ~598 km² Detour-Fenelon Gold Trend land position along the Sunday Lake Deformation Zone.
• Martiniere Gold Project Earlier-stage exploration gold project located approximately 110 km west of Matagami and 150 km north of Amos in Quebec. The second major gold asset within the company's land package along the Sunday Lake Deformation Zone, positioned 45 km east of Agnico Eagle's Detour Lake mine. Current mineral resource of 733,000 oz Au (Indicated + Inferred).
• Regional Properties Greenfield gold exploration properties within Wallbridge's ~598 km² Detour-Fenelon Gold Trend land position, including the Grasset, Casault, and other exploration properties along the Sunday Lake Deformation Zone.

Quantifiable outcome

• Martiniere drilling returned up to 22.60 g/t Au over 1.0 metre and 4.53 g/t Au over 13.5 metres confirming high-grade gold system
• +2 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered minor.

• BTV - Business TelevisionminorGTM or Marketing Partner · 24 June 2026Wallbridge Mining was featured in a BTV episode alongside other junior mining companies advancing gold, lithium, copper, and phosphate projects across North America. The episode aired on BNN Bloomberg and Biz Television Network across Canada and the United States.
• Quebec Mineral Exploration Association (QMEA)minorStrategic or Co-development Partner · 23 June 2025QMEA provided valuable guidance and coaching through its ECOLOGO coaching program during Wallbridge's UL ECOLOGO certification process for responsible mineral exploration.
• InnovExplo Inc.minorImplementation/ SI/ Consulting Partner · 27 March 2025Independent consulting firm led by Marc R. Beauvais, P.Eng, compiled the Preliminary Economic Assessment technical report for the Fenelon Gold Project. QP responsible for mining aspects including Whittle pit optimizer and DSO underground stope optimization.
• Mauro Bassotti, P.Geo. (Independent Mineral Resource Consultant)minorImplementation/ SI/ Consulting Partner · 27 March 2025Independent QP responsible for mineral resource estimates (MREs) for Fenelon and Martiniere deposits following CIM Definition Standards and NI 43-101 requirements.

Scale indicators11 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• IAMGOLD Corporation: Mid-tier gold producer with operating mines in the Abitibi district (Westwood, Côté Lake in development). Directly comparable as another Abitibi-focused gold company transitioning from explorer to producer, with both development-stage and producing assets in the same belt as Wallbridge's Fenelon and Martiniere.
• Bonterra Resources: Junior gold developer focused on the Gladiator/Bachelor/Desmaraisville properties in Quebec's Abitibi region. Comparable as a small-cap Canadian gold developer pursuing resource expansion and PEA-stage economics.
• Argonaut Gold: Junior-to-mid gold producer focused on North American assets including the Magino project adjacent to IAMGOLD's Côté Lake in the Abitibi. Highly comparable pre-revenue/early-production profile in the same mining jurisdiction and belt.
• Probe Gold: Canadian gold exploration company advancing the Novador Project in Quebec's Abitibi region near Val-d'Or. Directly comparable in scale, stage (PEA completed), geography, and exploration methodology, with similar advancement milestones to Fenelon.
• Galway Metals: Junior gold explorer with Clarence Stream (New Brunswick) and Estrades (Quebec) projects. Comparable as a small-cap Canadian gold exploration company advancing projects through PEA stage toward development.

Broad incumbents

• Alamos Gold: Mid-tier gold producer with Young-Davidson and Island Gold mines in Ontario's Abitibi-equivalent greenstone belts. Comparable operating model in Tier-1 Canadian jurisdictions; provides peer reference for development-to-production economics.
• New Gold: Intermediate gold producer with Rainy River mine in Ontario and New Afton in BC. Relevant as a comparable Canadian intermediate producer that completed development of a similar-scale open-pit/underground gold project.
• Agnico Eagle Mines: Senior gold producer operating Detour Lake mine located 45 km from Wallbridge's Martiniere project and 19.9% strategic shareholder. Broad incumbent in the same Abitibi belt with full production profile; most directly relevant as a potential acquirer and geological analog.

Others

• VRIFY Technology: Mineral exploration communication and 3D visualization platform that Wallbridge uses for investor engagement. Adjacent ecosystem participant providing the digital infrastructure Wallbridge employs for marketing and disclosure.

Regional players

• IAMGOLD - Côté Lake JV area explorers: Agnico Eagle's Côté Lake and adjacent exploration ground. Regionally relevant as the closest major mining operation to Wallbridge's land position, providing infrastructure, workforce, and processing optionality benchmarks.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/WMmining
• LinkedInlinkedin.com/company/16245324

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries1 record

Funding overview

Funding rounds12 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Wallbridge Mining Company