Wallbridge Mining Defines Large IP Target on Rogers Creek Porphyry Copper-Gold Property

Wallbridge Mining Defines Large IP Target on Rogers Creek Porphyry Copper-Gold
Property

TORONTO, July 10 /PRNewswire-FirstCall/ - Wallbridge Mining Company Limited
(TSX: WM, FWB: WC7) announced today that a large Induced Polarization
chargeability anomaly has been defined on its Rogers Creek porphyry
copper-gold-molybdenum property in SW British Columbia. The anomaly covers a
north-south distance of at least 400 metres and is approximately 1000 metres
wide. Its top is between 100-200 metres below surface and it extends to depth.
The response is typical of porphyry style mineralization.
This IP chargeability anomaly is centred immediately to the west of an
intrusive breccia pipe known as Target 1, beneath an area which hosts a number
of surface copper-gold-silver occurrences. Gold, copper and silver (Au, Cu and
Ag) soil geochemical anomalies have also been defined on the northern flank of
the breccia pipe.
"The progress we have made on this property is exceptional", stated Alar
Soever, President of Wallbridge Mining, "It has rapidly progressed from an
exploration concept to the point where we now have a large, high quality drill
target within a very large system."
The anomaly was defined by a recent IP program, carried out by Abitibi
Geophysics, which covers a six by two kilometre area which contains numerous
copper-gold occurrences as well as a number of other features indicative of a
large mineralizing system. The purpose of the IP survey was to test for
mineralization within and around the periphery of the Target 1 and 2 breccia
pipes. The Target 1 breccia pipe consists of a variety of highly altered
breccia rock types containing mineralized and non-mineralized rock clasts and
is intruded by a highly altered feldspar-porphyry stock discovered while
prospecting early in 2009. Figure 1, which can be viewed on our website at
www.wallbridgemining.com illustrates the location of the IP anomaly as well as
the distribution of mineral showings around Targets 1 and 2.
Figure 2, which can be viewed on our website at www.wallbridgemining.com,
illustrates results from Line 10200, which crosses Target 1, 300 metres south
of the Poirier showing, and highlights the size of the chargeability anomaly,
and its relationship to at-surface geology and Cu, Au and Ag mineralization.
The Qualified Person responsible for the technical content of this press
release is Bruce Jago, PhD. P.Geo, Vice-President, Exploration of Wallbridge
Mining Company Limited.

About Wallbridge Mining

Wallbridge Mining Company Limited's primary focus is the exploration of
nickel, copper and platinum group element ("PGE") deposits in the Sudbury area
of Ontario. The Sudbury area hosts the world's largest concentration of nickel
deposits and is currently the most active mining camp in North America. Major
joint venture partners in Sudbury include Vale Inco, Xstrata Nickel, Lonmin
Plc and Impala Platinum Holdings Limited. Wallbridge also has a major
shareholding in Duluth Metals Limited, which has defined a large
copper-nickel-PGE resource in the rapidly emerging Duluth Complex base metal
camp in Minnesota. Wallbridge is also exploring a large porphyry
copper-gold-molybdenum property in south-western British Columbia and has
interests in copper-zinc and gold properties in north-eastern Ontario.

This document may contain forward-looking statements relating to Wallbridge's
operations or to the environment in which it operates. Such statements are
based on operations, estimates, forecasts and projections. They are not
guarantees of future performance and involve risks and uncertainties that are
difficult to predict and may be beyond Wallbridge's control. A number of
important factors could cause actual outcomes and results to differ materially
from those expressed in forward-looking statements, including those set forth
in other public filings. In addition, such statements relate to the date on
which they are made. Consequently, undue reliance should not be placed on such
forward-looking statements. Wallbridge disclaims any intention or obligation
to update or revise any forward-looking statements, whether as a result of new
information, future events or otherwise, save and except as may be required by
applicable securities laws.

SOURCE Wallbridge Mining Company Limited

Please visit the Company's website at www.wallbridgemining.com, or contact:
Wallbridge Mining Company Limited, Alar Soever, President, Tel: (705)
682-9297, Email: asoever@wallbridgemining.com; Mara Strazdins, Vice-President,
Investor Relations, Tel: (416) 710-0646, Email:
mstrazdins@wallbridgemining.com