Wallbridge Mining Company (WM) Status Update summary

Shareholder structure and leadership

• Major shareholders include Eric Sprott (16%), William Day Construction (5.7%), and Agnico (9.9%), with the rest held by smaller investors.

• The board and leadership team have extensive industry experience, including former executives from Kinross and Kirkland Lake Gold.

• The company is covered by BMO and Paradigm.

Project focus and property overview

• Focused on two main deposits, Fenelon and Martinière, located in northern Abitibi, Quebec.

• Holds 97 km of strike length on trend with the Detour Lake Mine, with 100% ownership of key properties.

• Some properties are optioned to partners, such as Agnico and Midland, with ongoing earn-in agreements.

• Martiniere is part of an 830 sq km property package in Northern Abitibi, Quebec, near major gold mines and the Fenelon project.

Exploration and drilling update

• 2024 exploration aimed to advance technical studies and update the geologic model at Martinière.

• Phase 2 drilling at Martinière returned multiple high-grade gold intercepts from three targets along the Bug Lake zone, including 15.63 g/t Au over 11.0 m at Horsefly and 27.60 g/t Au over 2.3 m at Dragonfly.

• The 2024 program drilled 8,141 m in 22 holes during Phase 2, totaling 17,140 m in 51 holes for the year, targeting lateral and vertical extensions beyond the current resource.

• Gold mineralization has been delineated over a 1,500 m by 700 m area and remains open for expansion along strike and at depth.

• Phase II drilling targeted satellite zones (Horsefly, Dragonfly, Bug Lake North, Bermuda), with significant results at Dragonfly, Horsefly, and Bug Lake North.