Resource estimate increases at Broken Hammer.

PositionMINING

Wallbridge Mining Company is reporting an increased mineral resource at its Broken Hammer copper-PGE project in Sudbury.

Highlights of the report include an increase in the indicated mineral resource from 231,100 tonnes to 259,500 tonnes at a grade of 5.19 g/t total precious metals (2.10 g/t palladium, 2.32 g/t platinum, and 0.77 g/t gold), 0.88 per cent copper, and 0.10 per cent nickel and 6.95 g/t silver.

The total probable mineral reserve increased from 196,000 tonnes to 205,000 tonnes at a grade of 4.59 g/t total precious metals (1.89 g/t palladium, 2.07 g/t platinum, and 0.63 g/t gold), 0.92 per cent copper, and 0.10 per cent nickel and 6.63 g/t silver.

Improved pit slope walls as a result of a detailed geotechnical study completed by Genivar and a new mine design developed by Roscoe Postle Associates in 2013 resulted in a 7 per cent decrease in total waste by 114,000 tonnes, thus reducing the stripping ratio from 8.7 to 7.8.

"We are excited to see that the results of our efforts to advance the project in the last year have provided us with more confidence in...

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