Wallbridge Mining Company (WM) Corporate presentation summary

Strategic positioning and asset overview

• Holds a district-scale land package in Quebec's Abitibi region, with significant gold resources at Fenelon and Martiniere projects, totaling over 4 Moz indicated and inferred resources combined.

• Fenelon and Martiniere are geologically continuous with the prolific Southern Abitibi, but remain underexplored, offering substantial growth potential.

• Martiniere's 2025 drilling redefined it as a much larger gold system, with mineralization open along strike, at depth, and to the north.

• Fenelon is advancing toward pre-feasibility, with ongoing technical studies and targeted infill drilling.

Financial highlights and project economics

• Fenelon PEA (2025) outlines a 16-year mine life, 107,000 oz average annual gold production, and $706M after-tax NPV (5%) at US$2,200/oz gold.

• Initial capital expenditure is $579M, with sustaining capital of $449M; after-tax IRR is 21% and payback is 4 years.

• Total cash costs are $851/oz and all-in sustaining costs (AISC) are $1,046/oz.

• Sensitivity analysis shows robust economics across a range of gold prices and cost scenarios.

Exploration and growth initiatives

• 2026 program includes 25,000m of drilling across Fenelon, Martiniere, and regional targets, a 40% increase over 2025.

• Martiniere's two-phase, 17,000m campaign aims to expand scale and continuity, targeting multi-million ounce potential.

• Fenelon focuses on long-lead trade-off studies, infill drilling, and expanded metallurgical testing.