Toronto, Ontario--(Newsfile Corp. - February 26, 2026) - Wallbridge Mining Company Limited (TSX: WM) (OTCQB: WLBMF) ("Wallbridge" or the "Company") announces its participation at the Prospectors & Developers Association of Canada's ("PDAC") Convention at the Metro Toronto Convention Centre ("MTCC") from Sunday, March 1 to Wednesday, March 4, 2026. Representatives from the Company will be at booth #2442 in the Investors Exchange on Level 800 of the MTCC.About PDACThe World's Premier Mineral Exploration & Mi ...

Group 1 - Wallbridge Mining Company Limited will participate in the BMO Global Metals, Mining & Critical Minerals Conference from February 22-25, 2026, in Hollywood, Florida [1] - CEO Brian Penny is scheduled to present on February 25, 2026, at 1:15 PM Eastern Time, with presentation materials and a webcast available on the company's website [1] - The BMO Global Metals, Mining & Critical Minerals Conference is an invitation-only event that gathers global leaders to discuss macroeconomic trends, capital markets developments, and commodity outlooks [2] Group 2 - Wallbridge Mining focuses on the exploration and sustainable development of gold projects in Quebec's Abitibi region, emphasizing environmental and community respect [3] - The company holds a contiguous mineral property position of 598 square kilometers along the Detour-Fenelon gold trend, which includes the flagship PEA stage Fenelon Gold Project and the earlier exploration stage Martiniere Gold Project [3]

Core Viewpoint - Wallbridge Mining Company Limited has initiated its fully funded 2026 exploration and technical studies programs, focusing on the Fenelon Gold Project in northwestern Québec, with a significant drilling campaign planned across multiple properties [1][2][3]. Exploration Program Overview - The 2026 program includes approximately 25,000 metres of drilling across the Fenelon, Martiniere, Casault, and Grasset properties, aimed at advancing Fenelon and unlocking growth potential at Martiniere [2][3]. - Drilling at Fenelon has commenced with one rig focusing on targeted infill areas, including approximately 2,000 metres of large-diameter core drilling to support metallurgical test work [5][6]. - A 1,500-metre reconnaissance drilling program is planned to test prospective targets within 2.5 kilometres of the main deposit area after the initial campaign at Fenelon [7]. Martiniere Project - A second drill rig will be mobilized to Martiniere in mid-March, with approximately 17,000 metres of drilling planned in two phases to expand and evaluate the gold system [8]. Casault and Grasset Properties - After the initial Fenelon campaign, approximately 3,000 metres of reconnaissance drilling will be conducted at the Casault property to test priority targets [9]. - Following the completion of Martiniere Phase 2, approximately 1,500 metres of reconnaissance drilling are planned at the Grasset property [10]. Financial Overview - Total expenditures for 2026, including corporate general and administrative costs, are anticipated to be approximately $27 million, reflecting a 30% increase in exploration and technical studies program costs compared to 2025 [11]. - The company ended 2025 with a cash balance of $28.9 million [11]. Company Background - Wallbridge Mining is focused on creating value through the exploration and sustainable development of gold projects in Quebec's Abitibi region, holding a mineral property position totaling 598 square kilometres along the Detour-Fenelon gold trend [13].

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Company Overview - Wallbridge Mining Company Limited is focused on the exploration and sustainable development of gold projects in Quebec's Abitibi region, holding a contiguous mineral property position of 598 km² along the Detour-Fenelon gold trend [3] - The company’s flagship project is the PEA stage Fenelon Gold Project, alongside the earlier exploration stage Martiniere Gold Project and several greenfield gold projects [3] Upcoming Events - Wallbridge will exhibit at the Vancouver Resource Investment Conference (VRIC) on January 25-26, 2026, at the Vancouver Convention Centre, expecting 9,000 attendees and 300 mining companies [2] - CEO Brian Penny will present a corporate update on January 25th at 1:30 pm in Workshop 1 during the conference [2] Marketing Initiatives - Upcoming marketing events include the BMO Global Metals and Mining Conference in Hollywood, US from February 23-26, 2026, and the PDAC Convention in Toronto, Canada from March 1-4, 2026 [3]

Core Viewpoint - Formation Metals is expanding its Phase 1 drill program at the N2 Gold Project to 14,000 metres, driven by promising initial results from drilling activities [1][2]. Company Update - The company is conducting a fully funded 30,000 metre drill program at its flagship N2 Gold Project in Quebec, which has a global historic resource of approximately 871,000 ounces of gold [1][3]. - The Phase 1 drill program has been expanded to 14,000 metres based on significant mineralization intervals identified in initial drilling [2][3]. - The company has completed 13 drill holes totaling 3,879 metres, with mineralization starting within the first 10 to 25 metres in several holes [2][3]. Drilling Results - Significant intervals of target mineralization have been reported, including: - N2-25-008: 208.8 metres starting at 28.6 metres downhole, with intervals over 40 metres wide [2]. - N2-25-011: 166.8 metres starting at 60.0 metres downhole, with intervals over 20 metres wide [2]. - Other drill holes have also shown long mineralized intervals, with some exceeding 100 cumulative metres [2][3]. Financial Position - The company has approximately C$12.3 million in working capital and zero debt, with an exploration budget of approximately $8.1 million for 2025-2026 [2][3]. Project Summary - The N2 Gold Project comprises 87 claims totaling approximately 4,400 hectares, with six primary auriferous mineralized zones open for expansion [3]. - Historical highlights include: - A Zone: Approximately 522,900 ounces identified at a grade of 1.52 g/t Au, with significant historical drilling completed [3]. - RJ Zone: Approximately 61,100 ounces identified at a grade of 7.82 g/t Au, with high-grade intercepts reported [3]. Future Plans - The company plans to focus on gold deposit expansion and discovery along identified zones and fault systems in the northern part of the N2 project for the 2026 exploration season [3].

Core Viewpoint - Eric Sprott donated 163,306,752 common shares of Wallbridge Mining Company Limited to The Sprott Foundation, resulting in an approximate 8.0% decrease in his holdings on a partially diluted basis since the last early warning report [1]. Group 1 - Prior to the donation, Mr. Sprott beneficially owned and controlled 165,306,752 shares, which represented approximately 13.5% of the issued and outstanding shares [1][2]. - Following the donation, Mr. Sprott retains beneficial ownership of 2,000,000 shares, equating to approximately 0.2% of the outstanding shares, but still controls the donated shares through The Sprott Foundation [2]. - Overall, Mr. Sprott continues to control a total of 165,306,752 shares, maintaining his 13.5% stake in Wallbridge Mining [2]. Group 2 - The securities held by Mr. Sprott are for investment purposes, with a long-term view on the investment [3]. - There is potential for Mr. Sprott to acquire additional securities or sell existing ones depending on market conditions and other relevant factors [3].

Core Viewpoint - QcX Gold Corp has announced the acquisition of the Olsen Project, expanding its land position in the Batchawana Greenstone Belt, which is adjacent to Sterling Metals Corp.'s Soo Copper Project, enhancing its potential in a promising copper-gold district [1][2]. Acquisition Details - The acquisition involves 100% ownership of the Olsen Project, a 3,715-hectare land package [1]. - The total land position of QcX in the Batchawana Project now includes 30 multi-cell claims and 39 single-cell claims, forming a contiguous area with over 6.6 kilometers of common boundary with Sterling's discovery [2]. - The financial terms include an aggregate cash payment of $28,000 upon regulatory approval, followed by $36,000 and $50,000 in subsequent years, and the issuance of 500,000 common shares initially, with an additional 300,000 shares by the second anniversary [9][10]. Geological and Strategic Highlights - The Olsen Project is situated within the Precambrian Batchawana Greenstone Belt, known for large copper systems [6]. - Historical work on the Olsen claims has identified five mineral occurrences, with significant past drilling results including a surface grab sample of 1.98 g/t Au and 0.03% Cu over 1.18 m [3][6]. - The geological setting shows continuity with Sterling's discovery, providing immediate exploration opportunities based on historical soil geochemical anomalies and untested geophysical conductors [6][7]. Upcoming Exploration Plans - QcX plans to initiate a target generation and delineation program, followed by prospecting and mapping across the combined Batchawana Project [5]. - The exploration will focus on porphyry-style targets and structural trends, leveraging recent high-resolution magnetic surveys [7]. Company Overview - QcX Gold is focused on exploring for gold and VMS-style mineralization in Ontario and Québec, with properties strategically located near significant discoveries [14][15]. - The Batchawana Project, now including the Olsen claims, is positioned in a historically productive area for copper, gold, molybdenum, and silver, which remains underexplored with modern techniques [15].

Core Insights - Wallbridge Mining Company is focused on exploring the Northern Abitibi region, with significant discoveries at the Fenelon Gold project and Martiniere [4] Group 1: Company Overview - Wallbridge Mining Company trades on the OTCQB Venture Market under the symbol WLBMF and on the TSX under the symbol WM [1][2] - The company has approximately 3.5 million ounces of total resources at the Fenelon Gold project, with half indicated and half inferred [4] - At the Martiniere project, Wallbridge has about 0.75 million ounces, again with half indicated and half inferred [4] Group 2: Recent Developments - A Preliminary Economic Assessment (PEA) has recently been completed for the Fenelon Gold project [4] - The mineralization at Fenelon is on trend with the Detour Lake mine, indicating potential for further exploration and development [4]

Core Insights - Wallbridge Mining Company Limited announced final results from the second phase of its 2025 drilling program at the Martiniere gold project, confirming the expansion potential of the gold system and the continuity of the Dragonfly shear corridor [1][2][3] Drilling Program Overview - The 2025 drilling program at Martiniere consisted of two phases, with Phase 1 from mid-March to mid-May and Phase 2 from mid-July to mid-October, totaling 17,411 meters of drilling across 32 holes and 5 extensions [5][6] - The primary objective was to explore and delineate the gold-mineralized system along the Bug Lake deformation corridor, aiming for a potential resource of over two million ounces of gold [3][4] Significant Results - Notable high-grade gold intercepts included: - MR-25-140: 50.80 g/t Au over 1.7 m, including 115.00 g/t Au over 0.7 m [2][9] - MR-25-135: 7.00 g/t Au over 2.5 m, including 33.40 g/t Au over 0.5 m [2][11] - MR-25-136: 15.56 g/t Au over 1.4 m, including 43.20 g/t Au over 0.5 m [2][11] - The Bug Lake corridor currently hosts an estimated mineral resource of 346,000 ounces of gold in the Indicated category and 387,000 ounces in the Inferred category [4] Future Outlook - The company is well-positioned to build on the momentum from the successful drilling program and continue creating value for shareholders as it advances the Fenelon Gold Project and explores the broader Detour-Fenelon Gold Trend portfolio [1][2][19]