Wallbridge Mining posts investor presentation on Quebec Abitibi gold projects
Reuters2026/08/20 14:23Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Wallbridge outlined plans to advance its Fenelon project toward a pre-feasibility study targeted for end-2027 or early-2028.
- 2025 Fenelon PEA: after-tax NPV (5%) of CAD 706 million, after-tax IRR of 21%, 16-year mine life.
- PEA output profile: 107,000 oz of gold per year, 127,000 oz annually in the first five years.
- PEA cost metrics: total cash costs of USD 851/oz, AISC of USD 1,046/oz, initial capital of CAD 579 million.
- Capital markets actions: CAD 56 million private placement closed May 22, 2026; 20:1 share consolidation planned for early Q4 2026.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wallbridge Mining Company Limited published the original content used to generate this news brief on August 20, 2026, and is solely responsible for the information contained therein.
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