Slide 1: Growing Gold Resources in Quebec's Abitibi
Growing Gold Resources in Quebec’s Abitibi Corporate Presentation Mark Petersen, Senior Exploration Consultant November 12, 2024 TSX: WM OTCQB: WLBMF TSX: WM OTCQB: WLBMF wallbridgemining.com
Slide 2: Cautionary Note Regarding Forward-Looking Information
Cautionary Note Regarding Forward-Looking Information The information in this document may contain forward-looking statements or information (collectively, “FLI”) within the meaning of applicable Canadian securities legislation. FLI is based on expectations, estimates, projections and interpretation
Slide 3: Supportive Shareholders
Supportive Shareholders Share Structure – As of November 7, 2024 Shareholder Distribution 0.50% 52-Week Trading Range $0.06—$0.12 9.9% Agnico Eagle 16.3% Eric Sprott Shares Outstanding – Basic 1,016.2M William Day 67.6% Construction Shares Outstanding - Fully-diluted** 1,058.8M 5.7% Retail & Other M
Slide 4: Our Team
Our Team Board ANTHONY MAKUCH BRIAN PENNY BRIAN CHRISTIE DANIELLE GIOVENAZZO JEFFERY SNOW MICHAEL PESNER JANET WILKINSON Director, Chairman CEO Director Director Director Director Director Management BRIAN PENNY MARY MONTGOMERY MARK PETERSEN TANIA BARRETO FRANCOIS CHABOT CAROL DUFFIELD SEAN STOKES C
Slide 5: Abitibi Greenstone Belt
Abitibi Greenstone Belt North vs. South Abitibi Martiniere Gold Project Northern vs. Southern Gold Deposits 2023 Mineral Resource Estimate Towns 0.68 Moz Au Indicated Fenelon Gold Project Abitibi Interpreted Structures 0.63 Moz Au Inferred 2023 Mineral Resource Estimate Claim Outlines 2.37 Moz Au In
Slide 6: 2024 Program
2024 Program Synergies between Fenelon and Martiniere being examined Greenfields exploration targets tested for discovery Drilling 2024 Work Program Spent (M) Completed (m) Martiniere – resource and exploration drilling (includes 17,140 $10.4 $900,000 of technical and environmental studies) Fenelon
Slide 7: 2024 Review
2024 Review H1 2024 ✓ Completed Fenelon Ph1 Resource Delineation & Infill Drilling ✓ Completed Martiniere Ph1 Drilling: Metallurgical/Geotechnical/ Delineation ✓ Initiated Martiniere Metallurgical & Geotechnical Studies ✓ Initiated Martiniere Environmental Baseline Studies H2 2024 ✓Completed Martini
Slide 8: ESG
ESG Continual Improvement - Local sourcing from Abitibi to every extent possible - Prioritizing EHS system evolution - Local hiring from Abitibi and surrounding First Nation - Health, Safety, Environmental and Community Policies communities in place Social - Supporting business startup Health, Safet
Slide 9: Positive PEA at Fenelon
Positive PEA at Fenelon A Great Starting Point ANNUAL GOLD ANNUAL FREE INITIAL CAPITAL 2 SUSTAINING CAPITAL 2 PRODUCTION CASHFLOW 2,4 212,000 $157 $645 $594 Ounces Million Million Million TOTAL CASH COSTS 1,2,4 AISC 2,3,4 AFTER-TAX NPV 5%4 AFTER-TAX INTERNAL RATE OF RETURN $749 US$/oz $924 US$/oz $7
Slide 10: Detour-Fenelon Gold Trend
Detour-Fenelon Gold Trend Under-explored Greenstone Belt Hosting Canada's Largest Producing Gold Mine Martiniere Gold Detour Lake Mine 2023 Mineral Resource Estimate Fenelon Gold 0.68 Moz Au Indicated 2023 Mineral Resource Estimate AEM, Dec 31, 2023 Detour East 0.63 Moz Au Inferred 2.37 Moz Au Indic
Slide 11: Fenelon Gold Project
Fenelon Gold Project Quality Of Gold Ounces 2023 Open pit shells Plan view 2023 Open 2023 MRE 250 m depth Main Gabbro pit shells ▪ Predominately underground resource Northwest ▪ 58% of resource in Indicated category 2024 Plans 2023 ▪ Completed resource delineation and Underground Mineral Resources i
Slide 12: Fenelon Project vs Other Abitibi Gold Deposits
Fenelon Project vs Other Abitibi Gold Deposits Gold Ounces Per Vertical Metre *~29,000 Tonnes per vertical m For details of the 2023 MRE, please refer to Amended and Restated NI 43-101 Technical Report filed on December 29, 2023, on SEDAR+. TSX: WM OTCQB: WLBMF 12
Slide 13: Fenelon Project Comparables
Fenelon Project Comparables Similar Abitibi Gold Mining Operations GOLDEX YOUNG-DAVIDSON WASAMAC FENELON Company Agnico Eagle Mines Alamos Agnico Eagle Mines Wallbridge Stage Production/2008 Production/2012 Feasibility/2021 PEA/2023 Depth (metres) 800-1,500 210-1,500 0-845 0-1,040 Mineral Resource E
Slide 14: Martiniere Gold Project
Martiniere Gold Project Advancing Our Second Million-Ounce Gold Deposit N 200 200 0 0 -200 -200 -400 -400 2023 MRE Inferred Martiniere West Gabbro Indicated Open Pit Outline ▪ Since the acquisition, expanded known resources by 16% in the 2023 Indicated and 1,100% in the inferred category Martiniere
Slide 15: Martiniere Gold Project – Phase 2 Drilling Results
Martiniere Gold Project – Phase 2 Drilling Results TSX: WM OTCQB: WLBMF 15
Slide 16: Martiniere Gold Project – BL N - Dragonfly Trend
Martiniere Gold Project – BL N - Dragonfly Trend TSX: WM OTCQB: WLBMF 16
Slide 17: Martiniere Gold Project – Martiniere N Trend
Martiniere Gold Project – Martiniere N Trend TSX: WM OTCQB: WLBMF 17
Slide 18: Fenelon: a Hub to Unlock Value for Shareholders
Fenelon: a Hub to Unlock Value for Shareholders Investigating synergies between Fenelon and Martiniere plus strong greenfields discovery potential Wallbridge Solid Gold Resource Base at Fenelon and Martiniere Fenelon 2023 PEA: After-tax NPV5% of $721 Million at US$1750 gold A Platform for Growth in
Slide 19: Thank you
TSX: WM OTCQX: WLBMF Thank you Contact Brian Penny, CEO Tania Barreto, Director, Investor Relations Information: E: bpenny@wallbridgemining.com E: tbarreto@wallbridgemining.com @WallbridgeWM @WallbridgeMining wallbridgemining.com 19