Wallbridge Mining Company Limited announced additional assay results from its current drilling program on the Fenelon Gold Property (“Fenelon” or the “Property”). Expansion drilling continues to reveal additional bulk mineable, near-surface mineralized corridors in the western part of Area 51, while definition drilling continues to define steep, high metal factor (gold grade multiplied by thickness) gold shoots within the Tabasco-Cayenne Zones. Drilling is currently focusing on multiple areas, within the approximately 1.0 km by 1.2 km central portion of the Fenelon Gold System, to expand and better define the mineralization in support of the maiden mineral resource estimate (“MMRE”). Over 200,000 metres of drilling will be incorporated into the MMRE. Highlight results from these various areas, include: Area 51, Near Surface Expansion Drilling: 23.70 g/t Au over 24.90 metres in FA-21-269; Tabasco-Cayenne-Contact Zone, Definition Drilling: 6.83 g/t Au over 15.00 metres in FA-21-247, and 6.61 g/t Au over 11.35 metres in FA-21-261; Area 51, Definition Drilling (near surface down to around 300 m vertical depth - potential open pit resource): 1.97 g/t Au over 38.50 metres in FA-21-264A-W1, and 1.02 g/t Au over 33.70 metres in FA-21-247; 91.80 g/t Au over 0.50 metres in FA-21-248; Area 51, Definition Drilling (below 300 m depth): 15.37 g/t Au over 3.25 metres in FA-21-257. In recent months, drilling has also been focusing on expanding the known footprint of near-surface gold mineralization in the western-southwestern portion of Area 51 in order to grow the open pit resource potential. Definition and expansion drilling at a nominal 75-metre drill spacing, targeting the Tabasco-Cayenne-Contact Zones over a strike length of approximately 800 metres and vertical depths between 300 and 1,000 metres has been the primary focus of this campaign to better define the geometry and grade of the zones and gain information on the structural controls of the gold mineralization. As drill holes approach Tabasco-Cayenne, they also transect the Area 51 gold vein network, providing important information from all of these zones. A systematic campaign of continuous in-fill sampling of historic drill holes down to a vertical depth of 250 metres is underway in order to collect further information for the open pit constrained portion of the MMRE. In 2021, the Company is planning to complete approximately 170,000 metres of drilling, approximately 10-15% of which will be devoted to regional exploration on the Company’s district-scale, underexplored land package on the Detour-Fenelon Gold Trend.