Wallbridge Mining Co. Ltd. · TSX:WM
Wallbridge Mining — Investor Presentation (April 2023)
29 slides from Wallbridge Mining's investor presentation, April 2023
Slide 1: A Golden Opportunity for Growth
TSX:WM WM:TSX OTCQX:WLBMF A GOLDEN OPPORTUNITY FOR GROWTH April 2023 www.wallbridgemining.com
Slide 2: Disclaimer: Cautionary Note Regarding Forward-Looking Information
DISCLAIMER WM:TSX Cautionary Note Regarding Forward-Looking Information This presentation of Wallbridge Mining Company Limited ("Wallbridge" or the "Company") contains forward-looking statements or information (collectively, “FLI”) within the meaning of applicable Canadian securities legislation. FL
Slide 3: Disclaimer: Information Concerning Estimates of Mineral Resources
DISCLAIMER WM:TSX Information Concerning Estimates of Mineral Resources Covid‒19 ‒ Given the rapidly evolving nature of the Coronavirus (COVID‒19) pandemic, Wallbridge is actively monitoring the situation in order to continue to maintain as best as possible the activities while striving to protect t
Slide 4: District Scale – Detour Fenelon Gold Trend
DISTRICT SCALE – DETOUR FENELON GOLD TREND WM:TSX Detour Lake Mine (Agnico Eagle Mines) 40 Moz Au endowment Wallbridge 2023 Mineral Resource Estimate Fenelon Gold 2.37 Moz Au Indicated 1.72 Moz Au Inferred Martiniere Gold 0.68 Moz Au Indicated 0.63 Moz Au Inferred MULTI-MILLION GROWTH 2 GOLD TOP DIS
Slide 5: Wallbridge Milestones & Timeline
WALLBRIDGE MILESTONES & TIMELINE WM:TSX From Discovery Maiden MRE at Feneleon Updated MRE at Fenelon 2.13 Moz Indicated 2.37 Moz Indicated (84% grade increase) 1.47 Moz Inferred 1.72 Moz Inferred (85% grade increase) MRE update at Martiniere MRE update at Martiniere Area 51 & Tabasco/Cayenne 544 Koz
Slide 6: ESG
ESG WM:TSX Continuous Improvement Social Responsibility Health, Safety and Wellbeing • Local sourcing from Abitibi to every • 2019 gold award in health & safety extent possible from the PDAC • Local hiring from Abitibi and • Prioritizing EHS system evolution surrounding First Nation • Stringent COVI
Slide 7: Supportive Shareholder Base
SUPPORTIVE SHAREHOLDER BASE WM:TSX Share Structure 52-Week Trading Range $0.125-$0.43 Shares Outstanding – Basic 934.5M Shares Outstanding – Fully-diluted* 959.1M Cash & Cash Equivalents – 31/03/2023 ~$30.0M *28,424,012 options outstanding with an exercise price of $0.44 and a weighted average life
Slide 8: Abitibi Greenstone Belt – North vs. South
ABITIBI GREENSTONE BELT – NORTH VS. SOUTH WM:TSX Northern vs. Southern Abitibi Similar geology World-Class Potential demonstrated (40 Moz Detour Lake) Northern Abitibi: Less exploration maturity due to: ~ 13 Moz Past Production Less accessible in the past Since the 1970s Farther from urban centers N
Slide 9: Abitibi Greenstone Belt
ABITIBI GREENSTONE BELT WM:TSX Overburden Thickness Map Mapped Surface Outcrops Wallbridge’s Detour-Fenelon Gold Trend Sunday Lake Deformation Zone Fenelon Martiniere 10 km Discovered: 1994 - 1997 +5M oz Au known endowment on Quebec side (Wallbridge land package); 40 Moz at Detour Lake Very few outc
Slide 10: Detour-Fenelon Gold Trend Mineral Resources
DETOUR-FENELON GOLD TREND MINERAL RESOURCES WM:TSX 10
Slide 11: 2023 Mineral Resource Update
2023 MINERAL RESOURCE UPDATE Detour-Fenelon Gold Trend WM:TSX Detour-Fenelon Gold Trend Total Contained Ounces Detour Fenelon Gold Cut-off Grade Metric Grade Troy Ounces Change from 2021 MRE Category 6,000,000 Trend Tonnes (t) (Au g/t) (Au g/t) (oz Au) Au g/t Ounces 5,000,000 in Pit > 0.45 727,400 4
Slide 12: Fenelon Gold – 2023 Mineral Resource Update
FENELON GOLD – 2023 MINERAL RESOURCE UPDATE 2023 Open WM:TSX pit shells Vertical Section looking North Main Gabbro 2023 Open 2023 MRE Northwest pit shells Smaller open pits 250 m depth 90-150 m deep Predominantly underground resource Southeast 2023 58% of resource in Underground Mineral Indicated ca
Slide 13: Why Underground Bulk Mining?
WHY UNDERGROUND BULK MINING? WM:TSX OPEN Tabasco-Cayenne Zones Tabasco-Cayenne Jeremie Main Gabbro Zones Diorite Area 51 Zones Area 51 OPEN Zones 100 m Plan view, 600 m depth Jeremie Plan view, Tabasco-Cayenne Zones Diorite 100 m 475 m depth • Excellent along strike and down-dip continuity along Are
Slide 14: Fenelon Gold vs. Other Abitibi Deposits
FENELON GOLD VS. OTHER ABITIBI DEPOSITS WM:TSX Gold Concentration – Ounces per Vertical Metres 7,751 Ounces Per Vertical Metre (OPVM) Ounces / Vertical Metre (oz Au / metre) 6,716 Lifetime Ounces (Moz Au) 4,874 4,169 4,034 3,488 3,364 2,622 1,468 1,271 1,131 Odyssey Windfall Casa Young Fenelon Eleon
Slide 15: 2023 Mineral Resource Update – Fenelon Bulk Mineable
2023 MINERAL RESOURCE UPDATE Fenelon Gold Project – Bulk Mineable WM:TSX Fenelon Underground Alamos Gold’s Young Davidson • 21.67M tonnes @ 3.40 g/t – 2.37M Oz Indicated* • Mineral Resource preceding Production of 3.16 • 18.48M tonnes @ 2.89 g/t – 1.72M Oz Inferred* Moz @ 3.04 g/t • Cut-off grade ca
Slide 16: Fenelon Gold – Comparable Bulk Mineable Deposits
2023 MINERAL RESOURCE UPDATE Fenelon Gold Project – Comparable Bulk Mineable Deposits WM:TSX GOLDEX YOUNG-DAVIDSON WASAMAC FENELON Agnico Eagle Mines Alamos Agnico Eagle Mines Wallbridge Stage Production/2008 Production/2012 Feasibility/2021 Resource Shear hosted and Vein Deposit Type Vein Stockwork
Slide 17: Detour-Fenelon Gold Trend Mineral Resources
DETOUR-FENELON GOLD TREND MINERAL RESOURCES WM:TSX 17
Slide 18: 2023 Mineral Resource Update – Martiniere Gold Project
2023 MINERAL RESOURCE UPDATE Martiniere Gold Project WM:TSX Main Open Gold Trends 2023 2021 Increase from 2021 Martiniere Gold Property Tonnes Au g/t Ounces Tonnes Au g/t Ounces Au g/t Ounces Main Open Indicated 7,757,700 2.14 534,100 6,583,000 2.00 422,800 7% 26% Open Pit Gold Trends Inferred 2,652
Slide 19: 2023 Outlook
2023 OUTLOOK WM:TSX Expanding Current Resources While We Continue $36 million expenditure with ~50,000 To Unlock The Regional Exploration Value metres of drilling focusing on: • Expansion of existing resources at Fenelon & Martiniere (large step-out drilling) • Exploration for discovery of new depos
Slide 20: 2023 Exploration Program
2023 EXPLORATION PROGRAM … Expanding the Deposit Footprints and Advance Exploration Pipeline WM:TSX Martiniere 23,500 m diamond drilling Fenelon 15,000 m diamond drilling + Technical Studies (Metallurgy etc.), Permitting, Environmental Regional 11,000 m diamond drilling + Geophysics, Field Work 20
Slide 21: Focus on a Sustainable Growth Strategy
FOCUS ON A SUSTAINABLE GROWTH STRATEGY WM:TSX SIGNIFICANT GOLD ENDOWMENT QUEBEC, CANADA Property hosts the Fenelon & Martiniere Gold Deposits Ranks #6 by the Fraser Institute (2021) Combined resources of 3.05 Moz Indicated & 2.35 Moz Inferred at Sought after jurisdiction for mining and investment Wa
Slide 22: Thank You
WM:TSX Contact Information: Marz Kord, President & CEO E: mkord@wallbridgemining.com Victoria Vargas, Capital Markets Advisor E: vvargas@wallbridgemining.com TSX:WM OTCQX:WLBMF @WallbridgeWM @WallbridgeMining www.wallbridgemining.com THANK YOU 22
Slide 23: Appendix
WM:TSX APPENDIX 23
Slide 24: Our Team
OUR TEAM DIVERSE AND COMPLEMENTARY BACKGROUNDS WM:TSX BRIAN CHRISTIE ALAR SOEVER MICHAEL PESNER DANIELLE GIOVENAZZO MARZ KORD BRIAN W. PENNY ATTILA PÉNTEK Director Director Director Director President & CEO Chief Financial Officer Vice President Exploration PARVIZ FARSANGI JANET WILKINSON JEFFERY SN
Slide 25: 2022 A Year in Review
2 0 2 2 A YEAR IN REVIEW WM:TSX • Completed ~140,000 metres of diamond drilling • Completed ~30,000 metres sampling of previously unsampled core • Released updated mineral resource • Estimate for Fenelon and Martiniere – 3.05 Moz Indicated and 2.35 Moz Inferred (January 17, 2023) • Signed a Pre-Deve
Slide 26: 2023 Mineral Resource Update – Combined MRE
2023 MINERAL RESOURCE UPDATE Detour-Fenelon Gold Trend Combined MRE WM:TSX Detour Fenelon Gold Cut-off Grade Metric Grade Troy Ounces Change from 2021 MRE Category Trend Tonnes (t) (Au g/t) (Au g/t) (oz Au) Au g/t Ounces in Pit > 0.45 727,400 4.46 104,400 209% -92% Indicated UG > 1.50 20,931,700 3.3
Slide 27: 2023 Mineral Resource Update – Economic Parameters, Cut-off Grades
2023 MINERAL RESOURCE UPDATE Economic Parameters, Cut-off Grades WM:TSX 2023 2021 Parameters Unit Value Parameters Unit Value Gold Price US$/oz 1,600 Gold Price US$/oz 1,607 Exchange Rate CA$/US$ 1.3 Exchange Rate CA$/US$ 1.3 Fenelon Fenelon Metallurgic Recovery % 95.00 Metallurgic Recovery % 96.00
Slide 28: Gold Price Sensitivity Analysis – Fenelon
2023 MINERAL RESOURCE UPDATE Gold Price Sensitivity Analysis ‒ Fenelon WM:TSX 28
Slide 29: Gold Price Sensitivity Analysis – Martiniere
2023 MINERAL RESOURCE UPDATE Gold Price Sensitivity Analysis ‒ Martiniere WM:TSX 29
Wallbridge Mining Company — Investor Presentation (April 2023) on 6ix