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www.wallbridgemining.com 1 Building for Sustainable Production and Exploration Driven Growth February 2018

Building for Sustainable Production and Exploration … STATEMENT This document may contain forward -looking statements (including "forward -looking information" within the meaning

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Page 1: Building for Sustainable Production and Exploration … STATEMENT This document may contain forward -looking statements (including "forward -looking information" within the meaning

www.wallbridgemining.com 1

Building for Sustainable Production and Exploration Driven Growth

February 2018

Page 2: Building for Sustainable Production and Exploration … STATEMENT This document may contain forward -looking statements (including "forward -looking information" within the meaning

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

Page 3: Building for Sustainable Production and Exploration … STATEMENT This document may contain forward -looking statements (including "forward -looking information" within the meaning

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

Page 4: Building for Sustainable Production and Exploration … STATEMENT This document may contain forward -looking statements (including "forward -looking information" within the meaning

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

Page 5: Building for Sustainable Production and Exploration … STATEMENT This document may contain forward -looking statements (including "forward -looking information" within the meaning

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

Page 6: Building for Sustainable Production and Exploration … STATEMENT This document may contain forward -looking statements (including "forward -looking information" within the meaning

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%

www.wallbridgemining.com 6

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

Page 7: Building for Sustainable Production and Exploration … STATEMENT This document may contain forward -looking statements (including "forward -looking information" within the meaning

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.

Page 8: Building for Sustainable Production and Exploration … STATEMENT This document may contain forward -looking statements (including "forward -looking information" within the meaning

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

Page 9: Building for Sustainable Production and Exploration … STATEMENT This document may contain forward -looking statements (including "forward -looking information" within the meaning

EXPLORATION UPSIDE AT FENELON GOLD

www.wallbridgemining.com 9

Page 10: Building for Sustainable Production and Exploration … STATEMENT This document may contain forward -looking statements (including "forward -looking information" within the meaning

DRILL HOLE FA-17-07 (WALLBRIDGE PRESS RELEASE APR 18, 2017)

www.wallbridgemining.com 10

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

Page 11: Building for Sustainable Production and Exploration … STATEMENT This document may contain forward -looking statements (including "forward -looking information" within the meaning

DRILL HOLE FA-17-26 (WALLBRIDGE PRESS RELEASE NOV 9, 2017)

www.wallbridgemining.com 11

Page 12: Building for Sustainable Production and Exploration … STATEMENT This document may contain forward -looking statements (including "forward -looking information" within the meaning

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

Page 13: Building for Sustainable Production and Exploration … STATEMENT This document may contain forward -looking statements (including "forward -looking information" within the meaning

COMPARABLE BLUE SKY EXPLORATION POTENTIAL

US$770M Acquisition by Alamos September 2017

Market Capitalization: CAD $30.0M December 2017

www.wallbridgemining.com 13

Page 14: Building for Sustainable Production and Exploration … STATEMENT This document may contain forward -looking statements (including "forward -looking information" within the meaning

COMPARABLE BLUE SKY EXPLORATION POTENTIAL

Market Capitalization: CAD $270 M December 2017

Market Capitalization: CAD $30.0 M December 2017

www.wallbridgemining.com 14

Page 15: Building for Sustainable Production and Exploration … STATEMENT This document may contain forward -looking statements (including "forward -looking information" within the meaning

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

Page 16: Building for Sustainable Production and Exploration … STATEMENT This document may contain forward -looking statements (including "forward -looking information" within the meaning

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

Page 17: Building for Sustainable Production and Exploration … STATEMENT This document may contain forward -looking statements (including "forward -looking information" within the meaning

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

Page 18: Building for Sustainable Production and Exploration … STATEMENT This document may contain forward -looking statements (including "forward -looking information" within the meaning

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

Page 19: Building for Sustainable Production and Exploration … STATEMENT This document may contain forward -looking statements (including "forward -looking information" within the meaning

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

Page 20: Building for Sustainable Production and Exploration … STATEMENT This document may contain forward -looking statements (including "forward -looking information" within the meaning

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

8.1%9.3%

11.7%

4.6%66.2%

Lonmin Plc

William Day Construction

High Net Worth & Friends

Insiders

Public Float