Wallbridge Exploration Drilling Continues to Deliver Significant Gold Grades from Dragonfly Zone Along Bug Lake Deformation Corridor

Core Insights - Wallbridge Mining Company Limited announced positive drilling results from the second phase at its Martiniere gold project, confirming the geological continuity of the Dragonfly fault system with multiple high-grade gold intercepts [1][3][4] Drilling Results - The first six holes of Phase 2 drilling revealed significant gold grades, including: - MR-25-128: 5.99 g/t Au over 4.7 m, with a high of 42.70 g/t Au over 0.5 m - MR-25-129B: 6.13 g/t Au over 3.4 m and 13.24 g/t Au over 2.0 m - MR-25-130A: 4.30 g/t Au over 3.6 m, including 11.30 g/t Au over 0.5 m and 11.12 g/t Au over 2.0 m - MR-25-131: 6.79 g/t Au over 1.0 m and 14.58 g/t Au over 3.3 m, including 45.40 g/t Au over 0.9 m [2][6][12] Exploration Strategy - The Phase 2 drilling program, initiated in mid-July, has expanded beyond the original plan of 10,000–15,000 meters due to encouraging results, with a total of 22 holes and 2 hole extensions completed, totaling 10,840 meters [4][8] - Current exploration focuses on the Dragonfly and Horsefly areas, indicating potential for resource growth at Martiniere [3][4] Geological Context - The exploration drilling along the Bug Lake deformation corridor has identified significant gold mineralization over an area of approximately 2,000 by 800 meters and to a depth of 800 meters, with deeper intercepts indicating the system remains open at depth [9][14] - Gold mineralization is associated with mafic volcanics and younger felsic porphyry dykes, occurring along shear and breccia zones [9][14] Future Plans - The company plans to drill an additional 4 to 5 holes to complete the Phase 2 program, expecting to reach approximately 18,000 meters of drilling by the end of October 2025 [8][4]