Wallbridge Mining Company Limited provided an update and outlook on the significant exploration and development activities it has underway, including: Near-term production potential and exploration upside at the 100%-owned high-grade Fenelon Gold Mine property in Quebec; The prefeasibility study for Fenelon Gold Mine property; Follow-up drilling on high-grade nickel, copper, and platinum group metals results at its Parkin property in Sudbury, Ontario; and Its comprehensive program to identify near-term production assets for acquisition. Final results of the Fenelon pre-feasibility study are expected the first week of February 2017. Preliminary results are in-line with expectations, permitting is ongoing, and Wallbridge continues to target a production decision in Second Quarter of 2017. Exploration surface drilling at Fenelon is expected to begin this quarter. Phase 1 of 2017 drilling will include approximately 1800 metres drilling in nine drill holes targeting open mineralized structures near the existing and planned underground workings and above 200 metres depth. Detailed modelling has identified significant opportunities for additional drilling to increase the shallow resource near the underground workings as well as strong possibility that similar quality mineralization continues down-plunge to depth. Wallbridge continues exploration on its large portfolio of nickel, copper, and platinum group metal properties in Sudbury, Ontario, with a focus on the fully funded $3.96 million 2017 joint venture programs with partner Lonmin Plc. These programs include approximately 20,000 metres drilling which is underway on the Parkin Properties in Sudbury following-up high-grade nickel, copper, and platinum group metal mineralization intersected in 2016, including drill hole WMP-170 which intersected 24.25 metres of 1.22% nickel, 1.50% copper, 0.81 g/t platinum, 0.96 g/t palladium, and 0.38 g/t gold at very shallow depths from 35.60 to 59.85 metres down hole. Also in Sudbury, Wallbridge is re-initiating active exploration on its East Range Properties, adjacent to Glencore's Nickel Rim South Mine and Vale's Victor Deep and Capre development projects. Wallbridge's Amy Lake PGM zone occurs within a Sudbury breccia structure that extends for about two kilometres on the East Range Properties. The same structure hosts Vale's adjacent Capre deposit about 600 metres to the south. Highlights from previous work at Amy Lake include drill hole WC-013 which intersected 48.40 metres of 0.86 g/t TPM (total precious metals: platinum plus palladium plus gold) including 4.35 metres of 3.39 g/t TPM and 1.75 metres of 5.63 g/t TPM; drill hole WC-038 which intersected 75.48 metres of 0.51 g/t TPM; a 1.0 metre channel sample containing 11.74 g/t TPM; and 16 grab samples exceeding 10 g/t TPM including significant copper and nickel credits. Planned work includes geological compilation, structural interpretation, and targeting for drilling.