Wallbridge Mining: 2024 in Review

Investor webinar replay

Meeting Overview The meeting was a town hall style event led by Walbridge's CEO, Brian Penny, where he provided an update on the company's drilling activities, financial status, and future plans for 2025. The discussion also included responses to audience questions regarding exploration successes and development strategies. Key Discussion Points - Overview of drilling activities in 2024, including 25,000 meters drilled across various projects. - Financial update: $6.2 million raised and projected year-end cash balance of $20 million. - Introduction of a revised Preliminary Economic Assessment (PEA) for the Fenelon project, with a focus on a staged approach. - Discussion on exploration results from Martigny and its satellite targets, particularly Horsefly. - Plans for exploration and development priorities for 2025, including electrification and permitting discussions with Hydro-Québec. - Insights into the broader potential of the 830 square kilometer project area and its under-explo...

Watch the replay

Replay transcript excerpt

[Speaker identities could not be resolved; generic labels used] [00:07] Speaker 1: Good afternoon, good evening, depending on where in the world you're tuning in from. I noticed there were some international crowds, so thanks so much for spending time with us today. I'm joined by Brian Penny, Walbridge's CEO. How are you today, Brian? [00:18] Speaker 2: Excellent. Thank you very much. [00:20] Speaker 1: Awesome. [00:21] Speaker 1: Now here's how today's going to go. I'm going to throw it 1st to Brian to go through a quick update and recap. Then I'm going to go through some questions that I have. And then A lot of you submitted questions over email. Really appreciate that. I'll be getting into those questions as soon as I get through mine. And then afterwards, this is an interactive town hall style event. So please do feel free to ask your own questions in the chat box in the bottom right. Eager to get to as many as we can today. If there, for whatever reason, we don't get to your question in today's event, I will still make sure that the Wallbridge team gets it and they'll get back to you as soon as possible. I should also note today's event is being recorded, [00:56] Speaker 1: so it should pop right in your inbox probably end of day today, possibly 1st thing on Thursday the 19th. And from there you can share it. It'll certainly also go up on YouTube as well as six.com. [01:09] Speaker 1: But enough out of me, I'll throw it to Brian for a recap before we get into questions. [01:14] Speaker 2: Thank you. [01:15] Speaker 2: Just before we get into questions, just a high level [01:19] Speaker 2: review of what happened in 2024. [01:21] Speaker 2: In 2024, [01:23] Speaker 2: we drilled 17, 200 [01:25] Speaker 2: meters on Martigny. [01:26] Speaker 2: Phase 1 results cam...