Wallbridge drills 2026 Martiniere; mineralization expands Bug Lake

TORONTO, July 14, 2026 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX: WM, OTCQB:WLBMF) (“ Wallbridge ” or the “ Company ”) is pleased to announce assay results from the final four holes completed during the Phase 1 portion of its 2026 drilling campaign at its 100% owned Martiniere gold project (“ Martiniere ”). Phase 1 drilling was comprised of six holes focused on the Bug Lake deformation corridor, which hosts the majority of the Martiniere mineral resource. HIGHLIGHTS* “The results from Phase 1 of our 2026 drilling campaign build on the success of our 2025 drilling program and further strengthen our confidence in the scale and continuity of the Martiniere gold system,” commented Brian Penny, Chief Executive Officer of Wallbridge. “All six Phase 1 holes intersected multiple gold-bearing structures, including several high-grade intervals within broader zones of shear-hosted mineralization along the Bug Lake corridor.

Since drilling began in early 2025, we have continued to expand the mineralized footprint beyond the limits of the current mineral resource while demonstrating that the system continues to remain open for further expansion laterally and at depth. These results provide a strong foundation as we continue evaluating Martiniere’s potential to support meaningful future resource growth.” On March 16, 2026, the Company announced the commencement of a two-phase 17,000 metre exploration drilling program at Martiniere. Phase 1 was completed as scheduled on May 14, 2026, and comprised six holes totaling 4,108 metres.

The Phase 2 drilling campaign, originally scheduled to commence in early July, has been temporarily postponed due to nearby forest fires. The planned exploration program at Martiniere will be reassessed once the evacuation order