Wallbridge Mining (TSX: WM) has released their 2026 exploration plans for its portfolio of properties, which is headlined with 25,000 metres of drilling that will be spread across the portfolio.
The bulk of that drill program is to be centered on the Martiniere project, where 17,000 metres of drilling are planned and 68% of the budget is allocated for exploration. Step out drilling is planned to occur here on 150 metre spacing to expand the known footprint of the gold system. Regional exploration is also to occur on site along the Lac du Doigt Fault zone where the system remains open for possible expansion.
Fenelon meanwhile is set to take 14% of the overall budget and 3,500 metres of drilling, An initial 2,000 metres of that effort will be drilled in the first quarter to support bench-scale metallurgical test work, which will be used to evaluate the potential for dry stack tailings, the potential for paste backfill in underground workings, and improving gold recoveries. The remaining metres will be conducted in Q4, targeting two satellite targets found 2.5 kilometres from the main Fenelon deposit.
3,000 metres and 12% of the budget is earmarked for Casault, while 1,500 metres and 6% of the budget is allocated for Gasset. Drilling at Casault will focused on two to three high priority targets, with the program expected to satisfy requirements to earn a 50% interest in the property under the current option agreement. Exploration at Gasset meanwhile will target the Sunday Lake deformation zone.
“Our focus remains on unlocking value from our earlier-stage projects while continuing to advance our flagship Fenelon project toward a future pre-feasibility study,” commented Brian Penny, CEO of Wallbridge Mining.
“Favourable market conditions and record gold prices have improved the backdrop for our work, and we are entering 2026 with increased marketing plans and expanded exploration and development programs at both Fenelon and Martiniere, as well as our earlier stage properties. ”
Wallbridge Mining last traded at $0.085 on the TSX.
Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
