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Wallbridge Mining Completes Updated Positive Preliminary Economic Assessment of Fenelon Gold Project

Summary by Financial Post

All results herein are reported in Canadian dollars unless otherwise indicated.

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Simcoe.com

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Lean Left

Wallbridge Mining Completes Updated Positive Preliminary Economic Assessment of Fenelon Gold Project

WEBINAR TO BE HELD ON FRIDAY, MARCH 28 @ 10:00 AM EDT

7 days ago

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resourceworld.com

Wallbridge Mining Completes Updated Positive Preliminary Economic Assessment of Fenelon Gold Project – Resource World Magazine

WEBINAR TO BE HELD ON FRIDAY, MARCH 28 @ 10:00 AM EDT Register here: https://6i/event/wallbridge-mining-corporate-update Wallbridge Mining Company Limited (TSX:WM, OTCQB:WLBMF) (“Wallbridge” or the “Company”) is pleased to report results from an updated positive Preliminary Economic Assessment (“PEA”) completed on its 100%-owned Fenelon gold project (“Fenelon” or the “Project”) located in the Abitibi Greenstone Belt, along the Detour-Fenelon Gold

7 days ago

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the deep dive

Wallbridge Renewed PEA Outlines $706 Million NPV For Fenelon Project

Wallbridge Mining (TSX: WM) has released an updated preliminary economic assessment for its Fenelon Gold project in Quebec. The study has outlined an after-tax net present value of $706 million and IRR of 21% for the project, based on $2,200 an ounce gold and a 5% discount rate. At $3,000 an ounce gold, that valuation figure is said to jump to $1.38 million, while the IRR moves to 34%. The study is based on a 16 year life of mine that would see …

7 days ago

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