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www.wallbridgemining.com 1
Building for Sustainable Production and Exploration Driven Growth
February 2018
CAUTIONARY STATEMENT
This document may contain forward-looking statements (including "forward-looking information" within the meaning of applicable Canadian securities legislation and "forward-looking statements" within the meaning of the US Private Securities Litigation Reform Act of 1995) relating to, among other things, the operations of Wallbridge and the environment in which it operates. Generally, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Wallbridge has relied on a number of assumptions and estimates in making such forward-looking statements, including, without limitation, the ability to acquire the necessary permits and approvals to advance the Fenelon Property toward production, the ability to safely and successfully dewater the underground workings at Fenelon, the ability to add to the existing resource base at Fenelon through drilling, the costs associated with the development and operation of its properties. Such assumptions and estimates are made in light of the trends and conditions that are considered to be relevant and reasonable based on information available and the circumstances existing at this time. A number of risk factors may cause actual results, level of activity, performance or outcomes of such exploration and/or mine development to be materially different from those expressed or implied by such forward-looking statements including, without limitation, whether such discoveries will result in commercially viable quantities of such mineralized materials, the possibility of changes to project parameters as plans continue to be refined, the ability to execute planned exploration and future drilling programs, the need for additional funding to continue exploration and development efforts, changes in general economic, market and business conditions, and those other risks set forth in Wallbridge's most recent annual information form under the heading "Risk Factors" and in its other public filings. Forward-looking statements are not guarantees of future performance and such information is inherently subject to known and unknown risks, uncertainties and other factors that are difficult to predict and may be beyond the control of Wallbridge. Although Wallbridge has attempted to identify important risks and factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors and risks that cause actions, events or results not to be as anticipated, estimated or intended. Consequently, undue reliance should not be placed on such forward-looking statements. In addition, all forward-looking statements in this press release are given as of the date hereof. Wallbridge disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, save and except as may be required by applicable securities laws. The forward-looking statements contained herein are expressly qualified by this disclaimer. Technical information in this presentation has been reviewed and approved by Marz Kord, P.Eng., M.Sc., MBA and Attila Pentek, P.Geo., Ph.D., who are both Qualified Persons for Wallbridge under the definitions established by National Instrument 43-101.
www.wallbridgemining.com 2
STRATEGY- BUILDING PORTFOLIO OF PROJECTS
Ni-Cu-PGMs Sudbury, Ontario
High-Grade, Poly-Metallic World Class Infrastructure
Advanced Exploration Large Discovery Potential
40,000ha
JV Partner-Funding
Fenelon Gold Abitibi, Quebec High-Grade Resource, PFS Bulk Sample Starting 2017
Production Target 2018 Ongoing Exploration Success
-7.06m @ 141.2 g/t Au -3.06m @ 311.1 g/t Au -7.02m @ 260.4 g/t Au -4.73m @ 80.42 g/t Au
M&A Canada
Gold or Nickel-Copper-PGMs Value Accretive
Near-Term, High Margin Exploration, Scalable
160+ Projects Reviewed
5 Under Discussion
Value Catalysts Exploration Drilling Results
Bulk Sample Milestones De-Risking to Production
Possible Acquisitions
Track Record Established & Successful
Governance, Management and Technical Teams
Discovery Experience Operating Experience
Financial Discipline Corporate Social Responsibility
12.4% Stake in TSXV:CUC
Targeting Free Cash Flow from Operations and Growth Through Exploration and M&A
www.wallbridgemining.com 3
MANAGEMENT AND DIRECTORS
Over 300 Years Experience with Operations, Exploration, and Finance
Alar Soever Executive Chairman PGeo, Consulted for many major companies +40 years
Attila Pentek VP Exploration PGeo, MSc, PhD +10 years
Warren Holmes Lead Director Director of Hudbay +40 years
Elaine Ellingham Director Director for Richmont Mines, Aurania Resources, PDAC +30 years
Parviz Farsangi Director CEO Canadian Royalties +30 years
Rene Galipeau Director CEO of Victory Nickel +30 years
Darryl Sittler Director Margaret Lake Diamonds Hockey Hall of Fame +40 years
Shawn Day Director William Day Construction Limited +40 years
Marz Kord President and CEO PEng, MSc, MBA Operations, Engineering, M&A +30 years
Mary Montgomery CFO CPA, CA, Accountant +20 years
www.wallbridgemining.com 4
THE FENELON GOLD PROPERTY
On the Detour trend in Quebec’s prolific Abitibi 2016 Acquisition and Resource 2017 Pre-Feasibility Study Drilling: 33 DDHs, 6,348m -Intersections outside of resource -7.06m @ 141.2 g/t gold -3.06m @ 311.1 g/t gold -7.02m @ 260.4 g/t gold -4.73m @ 80.42 g/t gold -All zones are open -Broader property under-explored 35,000 t Bulk Sample -Milling agreement signed -Permits received -Mobilization started 2018 Complete bulk sample Exploration Drilling Production Decision Permitting for commercial operation
www.wallbridgemining.com 5
THE FENELON GOLD PROPERTY
Existing Infrastructure • Two previous bulk samples • Surface shop • 500m ramp • +1km u/g development • Good road access • Established camp nearby
2016 Resource Estimate
• High-grades (12.97 g/t) • 93% M&I, near workings • Above 100 metres depth
Category Recovered Tonnes Grade g/t
Ounces
Proven 6,770 9.30 2,025 Probable 89,951 9.30 26,897
Total 96,721 9.30 28,922
Pre-Feasibility Study Key Indicators Pre-tax Net Cash Flow C$6.62M Pre-tax Net Present Value, 5% C$5.84M Pre-tax IRR (%) 92%
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2001 Open-Pit Bulk Sample 14,000 t, 9.84 g/t Au, 97 % Recovery
2004 Underground Bulk Sample 8,000 t, 10.70 g/t Au, 97% Recovery
2017 Prefeasibility Study • 92% IRR • 9.3 g/t diluted head grade • Low capital cost (~$5.2M)
35,000 tonne u/g bulk sample
2018
• Exploration drilling • Complete Bulk Sample • Production Decision • Permitting for production
www.wallbridgemining.com 7
EXPLORATION UPSIDE AT FENELON GOLD
Exploration Target of 250,000 – 400,000 ounces gold This exploration target is conceptual in nature and is based on the grade and tonnes per vertical metre of the current resource, possible extensions indicated by geological modelling and drilling results, the size of untested target areas, and the nature of similar deposits in the region. The exploration target is not necessarily indicative of mineralization on the property and significant additional drilling is required to determine whether a deposit of this size exists.
EXPLORATION UPSIDE AT FENELON GOLD
www.wallbridgemining.com 8
25 m
Long section looking NE
Planned U/G Development
Existing U/G Development
OPEN
OPEN
OPEN
EXPLORATION UPSIDE AT FENELON GOLD
www.wallbridgemining.com 9
DRILL HOLE FA-17-07 (WALLBRIDGE PRESS RELEASE APR 18, 2017)
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Drill Hole FA-17-17 (Sept 5, 2017) 311.1 g/t Au over 3.06 metres
Drill Hole FA-17-07 (April 18, 2017) 141.2 g/t Au over 7.06 metres
VG
DRILL HOLE FA-17-26 (WALLBRIDGE PRESS RELEASE NOV 9, 2017)
www.wallbridgemining.com 11
FENELON - 35,000T PLANNED BULK SAMPLE
www.wallbridgemining.com 12
Planned U/G Stopes
Existing U/G Development
Mobilization has begun Dewatering to commence
end of February Planned completion in 2018
Surface Pit
Planned U/G Development
COMPARABLE BLUE SKY EXPLORATION POTENTIAL
US$770M Acquisition by Alamos September 2017
Market Capitalization: CAD $30.0M December 2017
www.wallbridgemining.com 13
COMPARABLE BLUE SKY EXPLORATION POTENTIAL
Market Capitalization: CAD $270 M December 2017
Market Capitalization: CAD $30.0 M December 2017
www.wallbridgemining.com 14
EXPLORATION NICKEL-COPPER-PGMS IN SUDBURY, ONTARIO
www.wallbridgemining.com 15
Sudbury Mining -Over 130 Years of Production -Multiple Producing Mines, 2 Mills, 2 Smelters -Past-Production & Current Resources: 1.648 Billion Tonnes (Naldrett, 2004) 1.08 % Cu (40 B lbs) 1.20 % Ni (44 B lbs) 1.2 g/t PGMs (62 M Oz)
Largest Source of PGMs Outside of Russia and Africa
Sudbury Infrastructure -165,000 People -Well Trained Workforce, Mining Heritage -World-Class Mining Service Supply Sector -Regional Hospital, Airport -Laurentian University
• Goodman School of Mines • Mineral Exploration Research Centre
-Cambrian College, College Boreal -Ontario MNDM
• Ontario Geological Survey
Wallbridge in Sudbury -Corporate Head Office -Recent Cu-PGM Production at Broken Hammer Project -Advanced Exploration at Parkin Property -40,000 ha Mineral Rights -Deep Technical Expertise -JV Funded Exploration -100% Owned Properties
THE PARKIN PROPERTY IN SUDBURY
www.wallbridgemining.com 16
High Grade Drilling Results WMP-010: 1.04 % Ni 1.07 % Cu 2.70 g/t TPM 21.39 m WMP-170: 1.22 % Ni 1.50 % Cu 2.15 g/t TPM 24.25 m WMP-195: 1.36 % Ni 1.02 % Cu 1.59 g/t TPM 7.46 m WMM-014: 0.78% Ni 2.57% Cu 8.00 g/t TPM 14.24 m WMM-015-W2: 4.11% Ni 0.60% Cu 4.32 g/t TPM 8.00 m
WALLBRIDGE’S EQUITY STAKE IN CARUBE COPPER CORP (TSXV:CUC)
• WM owns 13,868,645 shares (12.4% ) as a result of RTO of Miocene Metals (WM spin out of its BC assets)by Carube Copper
• Eleven copper-gold licenses - (536 km2 ) covering the best copper-gold exploration targets in Jamaica
• Targets range from grass roots to pre-resource drill stage
• Widespread copper mineralization outlined over 6.5 by 4 km corridor at Bellas Gate with potential to host multiple copper-gold porphyries.
• The results at Connors with 96m of 1.0% CuEq demonstrate the potential for good grade mineralization in parts of the system
www.wallbridgemining.com 17
A SOLID COMPANY WITH A TRACK RECORD
• TSX LISTED • EXPERIENCED BOARD, MANAGEMENT & TECHNICAL TEAMS • SUCCESSFUL EXPLORER WITH LONG TERM JOINT VENTURE FUNDING • HISTORY OF MONETISING NON-CORE ASSETS THROUGH SPIN-OUT COMPANIES
• Duluth Metals, TSX-DM (Sold for $96 M in 2015) • Carube Copper, TSXV-CUC (WM currently owns 12.4%)
• SUCCESSFUL SMALL MINE OPERATOR • Broken Hammer Mine in Sudbury, $5.0M Free Cash Flow 2011-2015
• 100% FENELON GOLD MINE IN QUEBEC, QUEBEC’S NEXT PRODUCER WITH VERY POSITIVE PFS RESULTS
• FENELON BULK SAMPLE EXPECTED IN 2017 WITH PRODUCTION DECISION IN 2018 • EXPERIENCED TECHNICAL TEAM
• Completed Fenelon Acquisition and pre-feasibility study in 10 months
www.wallbridgemining.com 18
2018 CATALYSTS
• EXPLORATION RESULTS AS WE EXPAND THE EXISTING RESOURCES AT FENELON GOLD PROPERTY, ~ 5,000 METRES OF UNDERGROUND DRILLING AND ~10,000 METRES OF SURFACE DRILLING PLANNED
• BULK SAMPLE RESULTS AT FENELON
• PRODUCTION DECISION AND SUBSEQUENT MINE PRODUCTION PERMITS FOR FENELON
• EXPLORATION RESULTS AT PARKIN PROPERTIES IN SUDBURY
• OTHER ACQUISITIONS
www.wallbridgemining.com 19
WALLBRIDGE SHARE STRUCTURE AND CORPORATE DIRECTORY
SHARE STRUCTURE as at January 31, 2018
Issued & Outstanding 295.4M
Stock Options 3.7 M
Omnibus Share Based Compensation Plan
20.1M
Warrants 55.2 M
Fully Diluted 374.4 M
Share Price January 30, 2018 $0.09
FOR FURTHER INFORMATION Marz Kord, President & CEO 705-682-9297 ext. 251 [email protected]
www.wallbridgemining.com 20
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