Wallbridge joint ventures with Lonmin on Sudbury PGM project.

Wallbridge Mining has struck a joint venture agreement with global platinum player Lonmin that will deliver $11 million worth of exploration over the next four years on Wallbridge's four Parkin Properties in the Sudbury basin.

The Parkin Properties on Sudbury's north range includes the former Milnet Mine, the high-grade Milnet 1500 Zone and the Parkin Resource.

All are currently being explored for high-grade nickel, copper and platinum group metals (PGM) over a 9.5-kilometre strike length.

"This plan provides the company with sustainable cash flow while maintaining active exploration for large-scale discovery upside in the Sudbury camp," said Marz Kord, Wallbridge president-CEO in a Sept. 16 news release.

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