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

Core Viewpoint - Wallbridge Mining Company Limited announced positive results from the first six drill holes of the second phase at its Martiniere gold project, confirming the geological continuity of the Dragonfly fault system and indicating the potential for a more extensive mineralized gold system than previously estimated [1][2]. Drilling Results - The first six holes of Phase 2 drilling have shown multiple high-grade gold intercepts, with notable results including: - MR-25-128: 5.99 g/t Au over 4.7 m, including 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 - MR-25-131: 6.79 g/t Au over 1.0 m, including 14.58 g/t Au over 3.3 m, with a peak of 45.40 g/t Au over 0.9 m [2][4][5]. Drilling Program Overview - The second phase of the 2025 Martiniere diamond drilling program commenced in mid-July, with a total of 22 holes and 2 hole extensions completed, totaling 10,840 meters. The program has been expanded beyond the initial 10,000–15,000 meter plan due to positive results [3][7]. Geological Insights - The drilling has focused on the Dragonfly and Horsefly areas, with results suggesting significant potential to expand the mineralized footprint. The mineralization is associated with mafic volcanics and younger felsic porphyry dykes, occurring along shear and breccia zones [1][8]. Future Plans - The company plans to continue drilling into mid-October, with an expectation to complete approximately 18,000 meters of drilling at Martiniere during 2025. Assay results for an additional 10 holes totaling 4,850 meters are pending [7][12].